Dry cargo forward freight agreement (FFA) trades, including options, are up 2% so far this year with low-sulphur bunker regulation expected to increase volatility in the paper markets, says Freight Investor Services (FIS). Wet FFAs are ahead 3%.
FIS figures show that in the year to date, dry FFAs covering capesize, panamax and supramax markets have totalled more than 735,000 lots compared with nearly 721,000 in the corresponding period of 2017.
