London Tanker Brokers’ Panel

(shipping) A body made up of representatives of six London-based shipping organizations which will make an independent assessment or award of compensation for a voyage, contract or demurrage based upon historical market information in return for a fee. The Panel also establishes the terms of reference for AFRA (Average Freight Rate Assessment) and publishes AFRA. The six member organizations are: Clarksons (www.clarksons.com); John I. Jacobs PLC; Davies and Newman Wake Ltd. (E-mail: bunkers@wakemarine.ltd.uk); Howard Houlder and Partners Ltd.; Gibson (www.gibsons.co.uk); and Galbraith’s Ltd. (www.galbraiths.co.uk).

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