UK shipbroker Braemar has filled the gap at the top of its sale-and-purchase operations with two promotions.

David Holland and Dimitris Kyrtsos have been named global co-heads of the S&P desk following the departure of the long-serving Sebastian Davenport-Thomas as part of an internal restructuring on 21 September.

The moves reflect the two men’s long records in creating value for shipping and financial clients across all sectors, the group said.