Newly merged Braemar ACM is ending its Singapore-based joint venture with US brokerage Quincannon Associates on gas and petrochemicals.

The broking shop in Singapore is expected to continue under the Quincannon name.

But its 22 staff are likely to have to find new office premises as the Braemar ACM Shipbroking team decide how it structures its newly merged teams on the island.

Braemar