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Wet freight - FFAs

ACM/GFI
The ACM/GFI joint venture was established in 2002, combining the tanker broking expertise of ACM Shipping and the experience of GFI in developing new derivatives markets. From offices in London, New York, Singapare and Cape Town, ACM/GFI provides brokerage services in forward freight agreements. We belive ACM/GFI enables oil companies, ship owners and other users of shipping capacity to better manage volatile shipping costs by utilising freight derivatives. Through the close relationship between our paper and physical desks, we believe we offer a viable option for participants in the freight derivatives market. ACM/GFI has won industry recognition, being voted top wet freight broker by readers of Energy Risk magazine in 2008 & 2009.

Key benefits offered by GFI Freight:

  • Market liquidity
  • Volume flexibility
  • ‘Live’ screen pricing
  • Research & technical analysis (ACM Shipping)

ACM/GFI McQuilling:
In 2005, ACM/GFI and McQuilling Brokerage Partners – a specialist in oil marine transport announced a joint venture, creating a wet freight derivatives broking desk at McQuilling’s offices in New York. This gives US-based shipping companies and charterers a single point of access for all their financing, chartering and hedging requirements.

SHIPPING ROUTES COVERED:

Crude:

  • TD3 260kmt ME Gulf to Japan
  • TD5 130kmt WAFR to USAC
  • TD7 80kmt North Sea to Cont
  • TD8 80kmt Kuwait to Singapore
  • TD9 70kmt Caribs to USGulf
  • TD11 80kmt Banias to Laverna
  • TD12 55kmt ARA to US Gulf
  • TD17 100kmt Baltic to UK Cont

Clean:

  • TC2 37kmt Cont to USAC (NY)
  • TC4 30kmt Sing to Japan (PLATTS assessed)
  • TC5 55kmt ME to Japan (PLATTS assessed)
  • TC6 30kmt Alageria to Euromed
  • All routes BITR assessed unless specified.

GFI Wet Freight (FFAs)
London - ACM/GFI +44 20 7422 1180
New York - ACM/GFI and McQuilling +1 212 968 2050
Singapore +65 8620 2980
futures@acmshipping.co.uk