The state of freight

The recent steep increase in activity in freight derivatives, or forward freight agreements (FFAs), is leading to more complex products being developed around the freight market.

Total reported trade volumes in the dry bulk FFA market increased by 34% in 2007 to reach 1,868,601 lots (a lot being a day's hire of a vessel or 1,000 tonnes of ocean transportation of cargo), according to the London-based Baltic Exchange.

In the tanker (wet) market, FFA volumes were estimated at 374,870,440 tonnes

To continue reading...

You need to sign in to use this feature. If you don’t have a 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 individual account here: