Strategy

ACM is widely recognised as one of the world's leading integrated shipbrokers. The Group's strategy is to gain market share by expanding its team of expert brokers to enter new shipping sectors and penetrate new regional markets, which is being achieved both organically and through acquisition.

For many years ACM has been one of the leading tanker brokers in the London market, with extensive in-depth knowledge about the tanker market and its potential volumes. The Group utilises this knowledge to advise chartering managers in major oil producing and trading companies and owners as to how and when the market will move.

The Group's strength in the tanker market is driven by its carefully assembled and well respected team of both young and more experienced brokers working closely in a well-organised team covering all tanker markets. In addition to the spot market, the team of projects sale and purchase brokers have the combined wealth of experience and can draw on extensive proprietary statistical resources to run in-depth analysis and advise clients at the highest level in the tanker industry.

The Group is also now in the dry cargo market and this is an important expansion strategically as it enhances the Group's offering and diversifies earnings.

Looking forward, ACM's strategy is to continue to expand its brokerage services geographically and across shipping sectors to become a fully integrated shipping service provider, whilst maintaining its position as one of the most profitable firms in the tanker broker business. This will include building the right team of brokers to penetrate regional markets to grow its business with existing and new clients and gain market share.