Seaview said the joint venture will be run from London and Rio de Janeiro in Brazil.

As a result, the company has left its own London office and moved in at Galbraith’s headquarters near London Bridge last Monday.

It called the tie-up “a strategic step to strengthen the focus on the ever-growing Latin American market.”

The company will concentrate on voyage and project business.

Seaview director Georgios Kotronakis told TradeWinds he could not comment further, but more information will be released in coming weeks.