Colleagues of new Braemar Shipping Services chairman Nigel Payne say the UK shipbroker is getting a chatty, friendly addition to the team.

Rod Waldie, whose company Gateley is chaired by Payne, told TradeWinds that the new head of Braemar's board is "very incisive" and has masses of experience in the listed company environment.

"He's a very good check and balance on what the executive team do," Waldie said.