The emergence of container freight derivatives could be the start of a booming new market, according to freight experts. UK-based shipping broker Clarkson Securities Limited (CSL) completed the first container derivatives trade on January 15, hedging the forward price of shipping a container from Shanghai to Europe.
"It's a vast and varied area of the market, with a lot of potential," says John Banaszkiewicz, managing director at global shipping brokerage Freight Investor Services (FIS). "In add
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