Tankers derivatives body appoints Braemar man as chairman
Braemar's Angus Procter has been appointed chairman of the tankers Forward Freight Agreement's brokers association, replacing Pat Donnelly. His focus will be to educate the market about how derivatives can help manage volatility and freight price risk as new routes are being piloted by the Baltic Exchange
The Baltic Exchange, which works closely with the FFABA, is piloting five new clean and dirty tanker routes
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