London’s Baltic Exchange has revealed its best-ever year for tanker derivatives deals.

Both clean and dirty vessel sectors saw volumes increase, leaving the annual total of forward freight agreements (FFAs) at 735,000 lots, up 33% on 2021.

Merger row: ‘Eliminating’ Euronav will not do the world any good, Hugo De Stoop says
 Read more

Dry FFAs fell to 2.2m