The British Marine Federation has announced that following the insolvency of Peters Opal, the yacht brokerage company, its chairman Brian Peters OBE is stepping down as President of the BMF.

The BMF Management Board say they will now consider ‘this situation and make proposals regarding his successor to the BMF National Council.’

Rob Stevens, BMF Chief Executive, said: “We are sorry that Brian has decided to step down as BMF President but of course we understand and support his decision. Brian has been a great servant to the marine industry, particularly during his time as Chairman of National Boat Shows helping to plan and run the London and Southampton Boat Shows. We wish Brian well for the future.”