Growth of its fledging finance business is on the cards for Braemar Shipping Services, with an eventual move into the capital markets sector a possibility.

London-listed Braemar bought NAVES Corporate Finance last year to enter the finance business for the first time, with the new division helping boost operating results at the shipbroker in the year to 28 February.

Braemar chief executive James Kidwell said this week that all four of the group’s divisions have growth objectives.