Wonsild Dry will merge with and become a fully integrated part of Maersk Broker Bulk Chartering as of January 2019, Maersk Broker said in a press release.
The cooperation between Maersk Broker and Wonsild Dry started in 2016 when Maersk Broker became a major shareholder of Wonsild Dry.
Wonsild Dry and Maersk Broker Bulk Chartering share the view that increasing expectations and demands from clients in a highly competitive dry bulk market will require best in class broking services both commercially and operationally. Maersk Broker Bulk Chartering will continue to invest considerable resources in terms of business development including enhanced Research, and Digital solutions.
The offices of Maersk Broker Bulk Chartering and Wonsild in Copenhagen and Singapore respectively will be combined. The Wonsild teams in Hong Kong and Bangkok will complement the existing network of Maersk Broker Bulk Chartering offices across the world – London, Hamburg, Dubai, Delhi, Beijing, Taipei, Seoul and Tokyo – adding to the depth of global reach.
Wonsild’s tanker activities will not be affected by or be part of this transaction.