IMAREX integrates Fuel Oil swaps with FFA broking
[First published: Tuesday 15 January 2008 2:08:10 am]
As of January 1st 2008 Imarex decided to integrate all Bunker Fuel Oil broker services into the Tanker and Dry Bulk freight desks respectively in order improve customer service for clearing members requesting simultaneous freight and bunker hedging and achieve a more focused service on the two shipping sectors.
“Dealing with Bunker Fuel Oil risk and the use of related derivatives has become an increasingly important part of a successful fleet operation and chartering activity. Our strategy is to bring ship owners to the fuel oil swaps market. By covering fuel oil from within the FFA desks in both the tanker and dry bulk markets, we can continue to offer a unique competitive edge to our shipping clients, whilst maximising the brokerage potential we have in the company,” says Gunnar Lindqvist, newly appointed CEO of the International Maritime Exchange ASA.
Members of IMAREX and NOS Clearing as well as other shipping companies wishing to trade bunker fuel derivatives going forward, should contact:
Ms. Pia Trellevik (Drybulk FFA desk)
Email: pt@imarex.com
Dir. line +47 2389 4208
Mobile +47 9366 0760
Mr. Christian Foss Knudsen (Tanker FFA Desk)
Email: cfk@imarex.com
Dir. line +47 2389 4238
Mobile +47 9518 6166
For more information, please contact:
Gunnar Lindqvist, CEO
Email: gunnar.lindqvist@imarex.com
Tel: +47 23 89 42 34
Mobile +47 907 388 84
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