Two shipping lawyers have been suspended from Clyde & Co's London office while the law firm investigates suspected financial misconduct by the pair.

The pair include a partner at the firm and an associate, TradeWinds has learned.

Clyde & Co told TradeWinds: “We can confirm that we have referred two solicitors to the Solicitors Regulatory Authority of England & Wales [SRA] in relation to matters concerning the application of the SRA Code of Conduct 2011 and the SRA Accounts Rules 2011.