About this event
...Using time-efficient index-linked contracts and FFAs
The Baltic Exchange will be hosting a webinar to discuss how the FBX Index can be used to manage risk in the container freight market. The container freight market has found its way into the mainstream news recently thanks to soaring rates in recent months and lack of capacity. The annual contracting season has also seen some changes, as some Shippers are reluctant to sign contracts that leave their boxes at the quayside regardless, and some Carriers push customers onto spot instead.
In this webinar, we will address how the market can not only mitigate the extremes of this freight volatility but also improve the efficiency and validity of contracts using the FBX Global Container Index. We will talk about indexation; linking the pricing of your physical contracts to a trusted index and how this should ultimately create a more efficient and time-saving means of contracting. We will also consider the final piece of the puzzle, FFAs, which whether used alone or in conjunction with an index linked contract, offers a diverse range of possibilities to help manage volatile container freight rates.
Agenda
A panel discussion on the following:
- The pitfalls of the current price discovery methods
- Index-linking and how it can reduce costs and save time and effort whilst also increasing the security of contracts. Moving beyond the pricing conversation to improve execution and service
- FFAs
The panel (moderated by Mark Jackson, CEO, Baltic Exchange):
- Javier Romeu, CEO, TIBA
- Keith Gaskin, Commercial Group Director, SEKO Logistics
- Peter Stallion, Head of Container, Freight Investor Services
A brief Masterclass on trading FFAs:
Nikos Nomikos, Professor of Shipping Finance and Risk Management at The Business School (formerly CASS), City University
Hosted by
-
Guest speaker
Javier Roneu CEO @ TIBAG
Javier is CEO of TIBA, a Spanish freight forwarder with operations in twenty countries with over 1,200 staff. He is a board member of Romeu (TIBA’s parent company), and Intermodal Tank Transport Inc. Javier is passionate about logistics, digitalization and the people side of the business.
-
Guest speaker
Keith Gaskin Commercial Group Director @ SEKO LogisticsG
Keith has over 25 years of experience in the supply chain/logistics field and co-founded SEKO in 2003. SEKO has revenues in excess of USD 150 million per annum and has twice won the Virgin/Sunday Times Fast Track 100 award for fast growth along with various industry awards.
-
Guest speaker
Nikos Nomikos Professor of Shipping Finance and Risk Management @ The Business School (formerly CASS), City UniversityG
Nomikos began his career at the Baltic as an Analyst and was responsible for developing shipping indices that are currently used in the market as pricing benchmarks today. He has published more than 50 papers in leading international academic journals and is a Member of the ICS.
-
Guest speaker
Peter Stallion Head of Container @ Freight Investor ServicesG
Peter Stallion heads up the Air and Container Freight desks at FFA brokerage Freight Investor Services. He started his career in air freight chartering, and has a passion for emerging risk management markets and the logistics industry.
The Baltic Exchange
The Baltic Exchange is the world's only independent source of maritime market information for the trading and settlement of physical and derivative contracts.
