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

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

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

London   +44 20 7422 1180  New York  +1 212 968 2050