Wet Freight FFAs
ACM/GFI’s joint venture combines the tanker broking expertise of ACM Shipping and GFI’s experience in developing new derivatives markets to provide brokerage services in forward freight agreements.
In 2005, ACM/GFI and McQuilling Brokerage Partners – a specialist in oil marine transport announced a joint venture, creating a wet freight derivatives broking desk at McQuilling’s offices in New York. This gives US-based shipping companies and charterers a single point of access for all their financing, chartering and hedging requirements.
Crude Shipping Routes |
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TD3 260kmt ME Gulf to Japan | TD5 130kmt WAFR to USAC | ||||
TD7 80kmt North Sea to Cont | TD8 80kmt Kuwait to Singapore | ||||
TD9 70kmt Caribs to US Gulf | TD11 80kmt Banias to Laverna | ||||
TD12 55kmt ARA to US Gulf | TD17 100kmt Baltic to UK Cont |
Clean Shipping Routes |
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TC2 37kmt Cont to USAC (NY) | TC4 30kmt Sing to Japan (Platts assessed) | ||||
TC5 55kmt ME to Japan (Platts assessed) | TC6 60kmt Algeria to Euromed | ||||
All routes BITR assessed unless specified |
Locations |
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London +44 20 7422 1180 | New York +1 212 968 2050 |