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New Baltic Handysize futures contracts now listed on SGX and EEX

Baltic Exchange is pleased to announce that both SGX and European Energy Exchange (EEX) are now offering new Baltic Handysize futures contracts, providing market participants with dedicated tools to manage their exposure to the Atlantic and Pacific Handysize basin. The new freight forward agreements (FFAs) are two baskets of Baltic Exchange’s handysize timecharter averages made ...

The Baltic Exchange has announced the listing of new Baltic Handysize futures contracts on two major international exchanges: SGX and EEX. These new Freight Forward Agreements (FFAs) provide market participants with dedicated tools to manage their exposure to the Atlantic and Pacific Handysize basins. The new contracts are based on four Atlantic and three Pacific routes, focusing on physical contracts for vessels active in minor bulks, grains, and seeds.

This latest development in the dry bulk freight derivatives market enhances transparency, liquidity, and hedging capabilities, as well as providing more granular hedging opportunities within the Atlantic and Pacific basins. The introduction of these new FFA contracts marks a significant step in the evolution of the dry bulk freight derivatives market, reflecting the industry's growing demand for targeted risk-management solutions.

Brief written by urgent.news from Hellenic Shipping News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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