Simpson Spence Young (SSY), the world’s largest independent shipbroker, has today announced that maritime expert Justin Wang will join the global SSY LNG team as a shipbroker, effective from April 2023.

Based in Beijing, Wang will be 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, Wang has built up an extensive CV in the sector having worked previously at NYK Group, BW Group and more recently shipbroking firm BRS. Wang’s appointment to the SSY LNG team is the latest high-profile addition with Magnus Tangen, former Marine Solutions Lead at Berkshire Hathaway Energy, having also joined in August ’22 to lead the department’s small-scale and LNG bunkering business.

Established in 2004, SSY’s LNG shipbroking division has expanded considerably over the past five years and now provides international coverage across all time zones in addition to covering every aspect of the LNG shipping value chain.

Speaking on the appointment, Toby Dunipace, Managing Director of LNG comments:

“I’m delighted to welcome Justin to the team and of course, excited to establish a presence in Beijing. In doing so, SSY is 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.”

Dunipace continues: “Our LNG business has developed rapidly in the face of a growing sector and key to that has been our ability to provide expert, on-the-ground brokerage to our clients with local knowledge and relationships. 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.”

Also speaking on today’s announcement, Justin Wang comments: “I’m very happy to be joining SSY which is one of the most globally successful and recognized names in shipbroking today. The LNG division has 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.”