As a complement to its established freight derivatives desk, GFI launched a dry cargo freight desk in London in 2006. The desk has since grown considerably in London, with additional desks in New York, Singapore and Shanghai.

The dry cargo desk has contact with all major owners and charters of all sizes from Handy to Panamax. The strength of these relationships enables us to gain a comprehensive understanding of market movements and trends.

The desk has a strong presence in grain, coal, bauxite, iron ore and has concluded long term contracts on each commodity as well as period charter covers assisting clients in hedging their exposure. Through instruments and voyage calculators we continuously provide figures for clients aimed at enabling them to identify arbitrage freight opportunities.

With strong synergies with both the freight FFA desks and other GFI commodity desks, GFI offers a complete structured risk management solution in freight.