Tools to manage LNG freight risk were developed last year, but how is the market responding?
China makes regionally established commodity benchmarks a policy aim
Shanghai Shipping Freight Exchange planning to launch crude oil freight contact next
Centrica hires Hess market risk director; Vattenfall names trading head; Gazprom recruits BAML power trader; Baltic Exchange names Singapore head; Mitsubishi UFJ in commodity retreat
Rising prices and volatility spur renewed interest in dry bulk FFAs
Fontaine leaves BNP Paribas; GDF Suez hires Standard Bank coal head; Trafigura opens Moscow office; LME names new CEO; Morgan Stanley hires oil trader
Container derivatives launched by Clarkson Securities Limited signifies potential for new market, say experts.
The way the Baltic Dry Index (BDI) is calculated will change as of July 1, in a move designed to encourage derivatives trading of the index.
Fears of counterparty credit risk have led to a sharp migration towards clearing in the freight derivatives market over the past four months. The ratio of cleared forward freight agreement (FFA) trades to non-cleared over-the-counter trades in the last…
UBS has launched a tradeable index with dry freight derivatives as the underlying, dubbed the UBS Blue Sea Index (UBS-BSI).