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Dry Bulk Europe RINA

Bottiglieri attacks freight derivatives market for causing ‘rates bubble’

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A DISILLUSIONED shipowner has declared the market in dry bulk freight derivatives “destroyed”, claiming trading by banks and hedge funds in 2008 artificially inflated the physical market and was responsible for a “rates bubble”, writes Michelle Wiese Bockmann .

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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