FFAs To Play a Key Role in LNG Market

Shipbroker Simpson Spence Young (SSY) claims forward freight agreements (FFAs) will play an integral role in the volatile LNG market, says a press release published on their website.

Intercontinental Exchange [ICE] – an operator of global exchanges and clearing houses, has launched LNG freight futures contracts based on Spark Commodities’ [Spark] price assessments. 

These will supplement the existing Baltic routes used to settle LNG FFAs cleared and listed by CME.

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