GFI has a global reputation for excellence in freight brokerage and services and regularly features highly in industry surveys and awards. As global trade increases, more financial institutions are entering the freight derivatives market and GFI provides an important brokerage service for them helping them to manage freight risk more efficiently and to gain exposure to this growing asset class. Wet Freight London – ACM/GFIACM/GFI is a joint venture between GFI and ACM Shipping - a London ship broker - offering hybrid voice and electronic trading of wet freight derivatives.
ACM/GFI aims to increase liquidity in wet freight derivative trading, enabling oil companies, ship owners and other users of shipping capacity to better manage volatile shipping costs.
ACM/GFI brokers wet freight Forward Freight Agreements. Shipping routes areBITR assessed unless specified.ACM/GFI was set up in 2002.New York – ACM/GFI and McQuillingACM/GFI and McQuilling Brokerage Partners, a specialist in marine transportation of crude and petroleum products run a joint 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.
Dry Freight GFI’s dry freight desks work closely with other GFI commodities brokerage desks, in particular coal, offering clients valuable insight into related markets. As a complement to its derivatives desk, GFI launched its own physical dry freight desk in London in 2006. This allows GFI to offer complete structured risk management solutions in dry freight.
GFI can broker contracts related any Baltic Exchange index – but liquidity is concentrated around a few Cape, Panamax and Supramax routes.
GFI EnergyMatch® Europe
In April 2008, ACM/GFI launched a cleared tanker FFA trading platform. The new global platform operates under EnergyMatch® Europe, GFI's multi-commodity platform incorporating the technology of GFI-owned Trayport. The screen offers OTC wet FFA broking on routes TD3, TD, TD7 and TC2.
GFI FENICS® Freight
GFI FENICS® Freight is an online information resource showing market prices and related analytical tools for forward freight agreements and options. Covering both wet and dry freight derivatives, it is designed to provide coal, ore, grain, oil and other commodity producers, time charterers, ship owners and financial institutions with an in-depth understanding of market trends and potential trading opportunities. Read more...