Warm tributes have been paid to shipbroking legend David Gault, a former chief executive of UK group Clarksons who has died at the age of 93.

Born in 1928, Gault was at the forefront of Clarksons during the 1960s and early 1970s and laid the foundations for much of what the company has achieved since, according to close family friend Paul Willcox, a director at UK shipbroker CW Kellock.