LNG-Fueled Bulker Joins Himalaya Shipping’s Fleet

Credits: Tatiana Meel/REUTERS

Himalaya Shipping has taken delivery of its fifth LNG-powered Newcastlemax bulk carrier in China, says an article published on Lng Prime.

Reflecting a significant premium

New Times delivered the 210,000-dwt LNG dual-fuel, Mount Matterhorn, on July 13, the shipbuilder said in a statement.

This is the fifth of the twelve 210,000-dwt Newcastlemax dual-fuel newbuildings Himalaya has on order at NTS.

Tor Olav Trøim’s Himalaya said in a separate statement that the new bulker...

https://mfame.guru/lng-fueled-bulker-joins-himalaya-shippings-fleet/

‘Second coming’ for FFAs as protection against ocean freight rate volatility

Largely ignored by container shipping industry since their inception over a decade ago, container freight derivatives are finally seeing increased use as shippers and forwarders seek tools to protect themselves against freight rate volatility.
Derivatives, alternatively known as forward freight agreements (FFAs), have long been an established part of the dry bulk and tanker markets, but for many years remained unused in container shipping.
However, that has begun to change, the extraordinary …

Th...

https://theloadstar.com/second-coming-for-ffas-as-protection-against-ocean-freight-rate-volatility/

Special report: forward freight agreement controversy swirls around Baltic Exchange

Fairplay, the weekly shipping magazine founded in 1883, which sadly is set to publish its last edition and shut its doors next month, is going out with a bang. It has published a special report examining how the forward freight agreements (FFAs) market, which uses the Baltic Exchange as its index, will be affected by the IMO’s low sulphur fuel regulation changes. It’s a long, thorough and important article, but …

The post Special report: forward freight agreement controversy swirls around Baltic...

https://theloadstar.co.uk/special-report-forward-freight-agreement-controversy-swirls-around-baltic-exchange/