Justin Wang will join the global LNG team at Simpson Spence Young (SSY) as a ship broker based in Beijing to expand SSY’s LNG business
Mr Wang will become the first active LNG shipbroker in the Chinese capital and will focus on further expanding SSY’s LNG presence in the region, backed up by the current team that is based in London, Singapore, and Stamford, with business development in Madrid & Mumbai.
An LNG specialist with over fifteen years of commercial maritime experience, Mr Wang has considerable experience in the sector having worked previously at NYK Group, BW Group and more recently shipbroking firm BRS.
Speaking on the appointment, SSY’s Managing Director of LNG Toby Dunipace commented "I’m delighted to welcome Justin to the team and of course, excited to establish a presence in Beijing. In doing so, SSY are making a very firm commitment to our customers in China. Chinese growth in the LNG market has been significant and we feel that bringing in domestic experience will enhance the service that SSY LNG can offer."
SSY’s LNG shipbroking division was established in 2004 and has expanded considerably over the past five years and now provides international coverage across all times zones in addition to covering every aspect of the LNG shipping value chain.
Magnus Tangen, a former Marine Solutions Lead at Berkshire Hathaway Energy, also joined SSY last August, to lead the department’s small scale and LNG bunkering business.
Mr Dunipace added “ Justin will establish our LNG desk in Beijing and provide a more comprehensive service in China that in turn will benefit our customers around the world.”
Commenting on his new role, Mr Wang said “I’m very happy to be joining SSY who are one of the most globally successful and recognised names in shipbroking today. The LNG division have built a very comprehensive global proposition and I look forward to working with the team as they continue to expand their offering and footprint at this exciting stage of development.”
China is a major LNG buyer and LNG shipbuilder with the scenario only set to rise over the coming years as the nation continues to industrialise.
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