IMO 2020, Freight Rates, Derivatives and New Markets
By EEX Group
In this broad reaching episode Richard Heath (Group Strategy – EEX Group) takes the opportunity to discuss multiple topics effecting the shipping markets today with the experts at Simpson Spence Young, one of the world’s leading ship brokers. How is IMO 2020 impacting owners, operators and charterers now that there are just two months to go before implementation? What is the economic impact on the shipping market and could we see the development of new fuels? How are the derivative markets responding to this change and as we see a new freight derivative market developing in LNG FFAs, what opportunities does this present for traders, owners and charterers in that commodity?