Tullett in new freight deal

London brokerage Tullett Prebon has formed a partnership with London-based Capital Shipbrokers, Singapore-based Island Shipbrokers and MJLF of Stamford, Connecticut, to trade forward freight agreements.

Tullett Prebon, part of Collins Stewart Tullett, will relocate part of the five-strong broker desk to Capital's offices in the West End of London.

In addition, a new team will also be formed in Island's Singapore offices at the beginning of November with Tim Spragg, formerly of Arcadia Petroleum

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