Welcome to 1991 Shipping

1991 Shipping: A shipbroking company known for its analytical approach to markets and it’s highly experienced client focused team.

  • RIO

Our Aim

To service our clients with the highest level of integrity, professionalism, and expertise.

To Provide an analytical forward-looking approach to our customer’s needs helping to providing them with winning solutions.

We respond to requirements on-time, every time, maintaining and building long-term relationships founded on trust and mutual respect.

To provide a professional yet enjoyable working atmosphere, full of energy and enthusiasm to encourage team performance, creativity and innovation.



Integrity – acting ethically, keeping our word and treating others both inside and outside the Company with fairness and respect.

Transparency – open communications and a clear mission

Customer Commitment – developing long term relationships that make a positive difference to our customers.

Personal Accountability – we are all responsible for delivering on our commitments.

Teamwork – work together, across boundaries, to meet the needs of our customers


Oil Tanker Markets – providing solutions for economical safe transportation of refined oil products and crude oil, through a combination of Time Charter, COA and spot contracts, utilising and leveraging off our extensive network of Ship Owners, Operators, Traders, Oil Companies, NOC’s and wealth of experience within the sector.


We are looking to expand with like-minded individuals and teams, willing to challenge the status quo, focusing on business not corporate politics,  growing a costs conscious client focused business/team.

E-mail: careers@1991shipping.com

Telephone : +44 203 4092 460


James Palmer

30 years in competitive ship broking.  Instrumental in building one of the World’s most successful tanker broking teams and turning around the fortunes of the tanker business in another major global player.  Member of Partnership Executive Committee devising and implementing the overall group strategies.  At board level also charged with leadership roles in three other businesses: Wet Freight Derivatives, LNG and Chemicals.  As a competitive broker he has been largely focused on refined products, spot, T/C and negotiating some of the worlds largest COA’s.

Well-connected across the industry, James has a reputation for managing and building business’s,  integrity and developing a long-established network of senior contacts across oil majors, traders, NOC, ship owners, operators and shipbrokers.

Prior to establishing 1991 Shipping Ltd, James was a Senior Partner at Simpson Spence and Young Ltd and Managing Director of their Global Tanker Business, preceded by 14 years at Galbraith’s Ltd, 7 as a Main Board Director.


Mark Nankivell

Mark has worked in shipping since 1979 starting as a broker before joining Goldman Sachs in 1993 as a charterer where he managed the physical transport requirements for the global oil trading division of J Aron and Fleet Trade and Transport.

After 10 years with the company Mark joined Morgan Stanley in 2003 to develop a physical transport business which included a Derivatives Trading desk and an Operations Department managing a fleet of oil tankers. In 2008, Mark joined Barclays Bank plc to perform a similar commercial trading role and help establish a global presence in the shipping and freight trading markets. After the Bank withdrew from physical oil trading in 2013 Mark established Stormonth Shipping Ltd to continue his relationship with the industry and has completed a number of projects for FTSE 100 and 250 companies.

Mark’s professional experience is highly commercial having been a Broker, Trader, Charterer, Operator and Owner and after passing his FSA sponsored Futures and Options exam in 2001 has managed  global FFA trading books for major banks.

Mark successfully passed his MA equivalent Level 7 Diploma in Corporate Governance in Oct 2016