The Forward Freight Agreement Brokers' Association (FFABA) is an independent association of FFA broking Baltic Exchange members formed in 1997 and serviced by the Baltic. The Association runs regular forums with the Baltic Exchange to promote FFA trading and bring together market participants.

Chairman (Dry): John Banaszkiewicz (FIS)
Chairman (Wet): Jay Lovell
(GFI Wet Freight Derivatives)


Download the Baltic Exchange guide to market practice for members of the Forward Freight Agreement Brokers Association (issued June 2002).



Promote the trading of Forward Freight Agreements (FFAs)

Promote high standards of conduct among market participants

Liaise with the Baltic Exchange to ensure the production of high quality indices for use by the freight futures industry

Provide a forum for brokers and principals to resolve problems as they arise

Develop and promote the use of standard contracts

Develop the use of other 'over the counter' and exchange traded derivative products for freight risk management




Brassington FFA Ltd  
1st Floor, 17 Grosvenor Gardens, London,
Steve Pritchard; steve@brassington-ffa.com
tel; +44(0)20 7798 2400

BRS Futures  
36-38 Cornhill, London EC3V 3NG, UK
Chris Reilly ffa@brsbrokers.com
tel: +44 (0)20 7283 0786

Clarkson Platou Futures Limited 
Commodity Quay, St Katharine Docks, London, E1W 1BF, UK
Alex Gray csl@clarksons.co.uk
tel: +44 (0)20 7334 3151


Eugene Investments & Futures Co Ltd 
3 Floor, Eugene Investment & Securities Building #23-9 Yoido-dong, Yungdeungpo-gu, Seoul, 150-710 Korea
Johnston Bae johnston@eugenefutures.com  
tel: +822 3771 8982

Freight Investor Services 
80 Cannon Street, London, EC4N 6HL, UK
John Banaszkiewicz info@freightinvestor.com
tel: +44 (0)20 7090 1120

GFI Group
1 Snowden Street, London, EC2A 2DQ, UK
Dorian Benson dorian.benson@gfigroup.co.uk
tel: +44 (0)20 7877 8092


ICAP Shipping
2 Broadgate, London, EC2M 7UR, UK
tel: +44 (0)20 7532 4929

Oil Brokerage Ltd
3rd Floor, 16-18 New Bridge Street, London,
Andrew Hamilton:
tel: +44 (0)20 7438 2447

OTC Europe LLP
5th Floor, 10 Finsbury Square, London,
Tony Timmings
tel: +44 (0)20 3465 8788


McQuilling Brokerage Partners
1035 Stewart Avenue, Garden City, New York, NY 11530, USA
John Schmidt jms@mcquilling.com
tel: +1 516 227 5700

Mallory Jones Lynch Flynn
Clearwater House, 2187 Atlantic Street, Stamford CT 06902, USA
Bob Flynn futures@mjlf.com
tel: +1 203 326 2830

Marex Spectron
155 Bishopsgate, London, EC2H 3TQ
Nils Arnesen narnesen@marexspectron.com 
tel: +44 (0)20 7655 6350


Pasternak Baum & Co Inc
500 Mamaroneck Avenue, Harrison, New York 10528, USA
Gilbert Landy chartering@pasternakbaum.com tel: +1 914 630 8105

Simpson Spence Young
Lloyds Chambers,1 Portsoken Street, London,
E1 8PH, UK
Mark Richardson futures@ssy.co.uk
tel: +44 (0)20 7377 7400

Yamamizu Shipping
4-4-2 Nihonbashi Hon-Cho, Chuo-Ku, Tokyo 103, Japan
Sho Hatano yamaship@yamamizu.co.jp
tel: +81 332 450 311

Baltic Exchange Ltd., St Mary Axe, London, EC3A 8BH
Registered in England Number 64795
Tel + 44 (0) 20 7283 9300, Fax + 44 (0) 20 7369 1622.
Calls to Baltic Exchange staff are recorded
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