FFA volumes rise

Maritime information provider the Baltic Exchange has reported sharp estimated rises in the traded volumes of shipping derivatives - forward freight agreements (FFAs).

After the first full year of formal reporting from brokers in the dry cargo FFA market, volumes are estimated to have increased by 34% year on year, while wet (tanker) FFA volumes grew by an estimated 14% year on year.

Total reported trade volume in dry bulk FFAs for 2007 was 1,868,601 lots (where a lot is a day's hire of a vessel

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: