- Braemar Shipping Services said it had completed the sale of three business lines within its technical services division to Aqualis.

James Kidwell had been appointed as a director of the renamed AqualisBraemar, which is listed on the Oslo Stock Exchange.

'This is an exciting day for both Braemar and AqualisBraemar,' chief executive James Kidwell said.

'We at Braemar can strengthen our focus on our higher margin services and, as its largest shareholder, look forward to the development of AqualisBraemar and the growth of our investment in it.'

At 2:11pm: [LON:BMS] Braemar Shipping Services PLC share price was 0p at 190p

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