As TradeWinds went to press, Affinity (Shipping) LLP was in the final stages of completing a management buyout of the Norwegian broking shop’s London arm, RS Platou LLP.

The latter circulated an advisory note this week saying: “We appreciate that there has been a certain amount of speculation given recent merger activity, so we would like to take this opportunity to advise that our entire London team will be joining Affinity London.”