Philip Wood BSc MSc FICS FNI MCIArb, was at sea with the Blue Funnel Line (part of the Ocean Transport and Trading Group) for over 13 years during which time he assumed command of dry-cargo vessels. He came ashore in the early 1970s to study at South West University (then known as Plymouth Polytechnic) for his BSc (Navigation and Transport).

He was accepted on the Baltic Exchange in 1974 and since then has served as either an Owners Broker, Charterers Agent or Competitive Broker.

In 1981 he joined Trade & Transport (UK) looking after their commercial interests in London as Chartering Manager and then as Director since 1984. Trade & Transport operate a mixed fleet of Tankers and Dry Cargo vessels

Philip Wood served as the Chairman of the Education Committee of the Institute of Chartered Shipbrokers for many years. He was appointed Vice Chairman of the Institute from 1997-99 and then Chairman from 1999-2001.

After 2 years as President Designate of FONASBA (2002 - 2004), he assumed the Presidency in October 2004.

He is the author of the textbook "Tanker Chartering" published by Witherbys in cooperation with the Institute of Chartered Shipbrokers.