Members will learn with deep regret of the death of David William Frame who passed away in South Africa on Sunday 26 February 2017.

Mr Frame was first elected a member of the Baltic Exchange in 1961 representing Usborne Grain until 1995 when he became a Retired Member.

He was also elected a Baltic Director between 1981 – 1989, and served as Chairman of the Baltic Exchange from 1987 to 1989.

Mr Frame was cremated in South Africa and a Memorial Service will be held in due course.