Howe Robinson joins tanker rate panels

May 11 2018

London broking house, Howe Robinson Partners (UK), has joined the Management Committee of the London Worldscale Association and has also become a member of the London Tanker Brokers’ Panel (LTBP).

The Management Committee’s role is to guide the London and New York associations in the production and distribution of the annual Worldscale publication and ensure it remains a relevant tool in oil and product tankers chartering.

Today around 80% of tankers fixed on the spot market are agreed using a Worldscale percentage.

London Association chairman, David Insole, said; “We welcome Howe Robinson onto the Worldscale Management Committee. As one of the largest shipbrokers with offices worldwide, Howe Robinson will bring their own guidance and experience to the Association.”

The LTBP is an independent and impartial authority, which provides a variety of rate assessments on a fee-paying basis for individual oil companies, traders, tanker operators and other interests worldwide. 

It also publishes monthly average freight rate assessments (AFRA), which are available by subscription.

The Panel now consists of, Clarksons Platou, Galbraith’s, Gibson Shipbrokers, Simpson Spence Young, Braemar ACM Shipbroking and Howe Robinson Partners.

Henry Liddell, Howe Robinson Tankers managing partner, said ‘We are very pleased to have joined the London Tanker Brokers’ Panel. As one of the world’s largest shipbrokers with offices worldwide, we have no doubt that Howe Robinson Partners will be able to contribute significantly to the LTBP, adding strength and depth to such an important and historic organisation.’ 


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