ICAP Shipping, Howe Robinson Start New Venture

UK-based ICAP Shipping and the shipbroker Howe Robinson Group have formed a new venture – Howe Robinson Partners – with ICAP taking a 35% shareholding in the new venture, and Howe Robinson 65%.

Howe Robinson Partners will be headquartered in Singapore and employ approximately 240 employees across offices in London, Hamburg, Copenhagen, Gibraltar, Shanghai, Tokyo and Hong Kong.

It is intended that ICAP Shipping’s India, Dubai and US operations will be transferred to Howe Robinson Partners in due course. ICAP’s Forward Freight Agreements business will continue to be run by ICAP Energy, working closely with Howe Robinson Partners.

Howe Robinson Partners will be led by Peter Kerr-Dineen as Chairman, with Henry Liddell as Head of the Tanker division, George Hulse as Head of the Container division and Guy Hindley as Head of the Dry division.