Our experts and contacts discuss and analyse key developments in freight and commodities.
LONDON, 03/06/2024 – Freight Investor Services (FIS), the leading freight and commodity futures broker, is delighted to announce the acquisition of GR8 Chartering Hellas in Athens, Greece.
The acquisition will bring GR8 Chartering’s expertise in physical shipping into the FIS group and increase its presence in Greece, one of the shipping market’s key geographies.
Houston/London – March 25th 2024 – Freight Investor Services completed the first listed CME fertilizer option trade, a $340 April NOLA Urea Call Option $5 Premium 15 lots – CME code; UGO
The new Option contract was launched on the 25th March, and the trade done is the latest addition to the growing list of firsts negotiated by the FIS desks.
10 January 2024
Yesterday, Freight Investor Services completed the first Cobalt Hydroxide futures trade, a Cal 25 strip on the CME.
15 December 2023
Yesterday, Freight Investor Services brokered the first cleared Cobalt option trade on the CME platform; a Q125 call option in 5tpm.
Wednesday 29th November brought the market an early Christmas present, with record cleared
volumes on Capesize contracts with 19,057 lots across the Cape TC, options and C5 route. Alongside
this there has also been the largest jump in the spot rates since 2010, with rates jumping over $7,000
from $34,656 to $41,796/day on the C5TC index.
A discussion on the price dynamics of EUAs and how shippers can manage their carbon risk. With special guest, carbon markets and shipping expert Richard Stephenson.
Yet again, maritime needs to confront a complex and, in parts, ambiguous regulatory environment at short notice.
As the shipping sector comes into scope of the EU Emissions Trading System (EU ETS), we consider how shipping players might best negotiate their exposure to this volatile market.
