Keith Denholm has joined Norwegian shipbroker Lorentzen & Stemoco as the new head of its small Singapore operation.
Denholm left a senior post at Castleton Commodities earlier this year and had been expected to head for a new position in the London shipping market.
Instead, his new business card will read managing director of Lorentzen & Stemoco, Singapore.
He is also head of S&P and corporate development, Singapore, according to the shipbroker’s website.
Caroline Tidemand, chief executive of Lorentzen & Stemoco, told TradeWinds: “Keith Denholm will be an important asset for us.”
The Singapore outpost, where the brokerage has had a presence since 1986, employs three dry cargo brokers.
Tidemand says there are no plans to increase the company’s activity on the city state in a big way.
Wilhelm Holst was earlier this year hired as Global Head of Shipbroking at L&S.
“We are very happy that Keith comes with such a long track record. That was the same we were looking for when we hired Wilhelm,” Tidemand says.
Caroline Tidemand is the daughter of Otto Tidemand, who is the owner of L&S.