Braemar Shipping Services is forecasting an increase in sale-and-purchase activity as opportunities arise during the coronavirus crisis.

In a trading update produced due to the impact of Covid-19, the London-listed shipbroker and maritime services company said its S&P desk had seen a reduction in activity levels across the board.

But the company added: "It is expected that buyers will seek to take advantage of the dislocation in pricing as the year progresses."