Shipbroker IFCHOR Galbraiths (IG) is acquiring Brazilian dry bulk shipbroker Aries Shipping for an undisclosed price. Founded in 2005, Aries Shipping is a Rio de Janeiro based firm led by Marcela Rosman and Bruna Moraes.
This move follows IG’s launch of a Houston desk dedicated to the US Jones Act tanker market and forms part of a broader strategy to expand its global footprint by establishing very experienced local teams in high-growth regions.
IG co-CEO Manu Ravano said: “To succeed in this dynamic region, owners and charterers need local expertise, backed up with international reach, in-depth research and cutting-edge shipbroking systems.”
Aries Shipping is active in the dry bulk sector and is particularly strong in the steel sector handling both steel and associated raw materials as well as sugar and part cargoes.
