Figures compiled by the Baltic Exchange reveal that the overall volume of Forward Freight Agreement (FFA) trades increased in 2018. Freight derivative volumes in the tanker market rose by 20% in 2018 hitting 321,962 lots, volumes in the dry market rose 1.4% to 1,196,929 lots, its strongest performance since 2008, while dry options volumes rose by 44% to 268,976 lots, finding similar levels to 2016.
Closer analysis of the figures reveals that on the dry bulk side panamax volumes grew by 10% and...
https://safety4sea.com/freight-derivative-trade-volumes-increase-in-2018/