Singapore broker start-up Sentosa Ship Brokers has hit the ground running saying it has already concluded its first piece of business.

The new tanker shop, formed by four former Singapore-based Braemar-ACM brokers and former Raffles Shipbrokers veteran Davin Boo, officially opened for business on Monday.

It says its initial aims are to have four clean petroleum products brokers (CPP) and a single dirty petroleum products broker.