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