Pat Donnelly of Braemar ACM-GFI is the new chairman of the Tanker FFA Brokers Association (FFABA).
He replaces Ben Courtney of ICAP Energy after a year in the role.
FFABA, founded in 1997, represents the worldwide community of tanker forward freight agreement (FFA) brokers.
Working with the Baltic Exchange, it organises educational workshops and industry forums in major shipping centres, with the aim of promoting FFAs as an important tool for managing exposure to freight rates.
