FFA trading giant slams Baltic’s IMO 2020 plan
Market participants with open positions on existing forward freight agreements, which were based on the use of high-sulphur oil, rather than the new grades of low-sulphur fuel, remain concerned that the pricing gap between the two fuel types will leave them substantially out of pocket
The Paralos Fund, a leading FFA trader, argues that the Baltic Exchange is pushing an IMO 2020 response plan that conflicts with the very benchmarking guidelines it claims to abide by
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792