Baltic Exchange Derivatives Market Volumes Rose in 2022 Led by Middle East Gulf to China VLCC Tankers

Global shipping found itself in turmoil after Russia’s invasion of Ukraine, right on the heels of Covid afflicted shipping channels since 2020. It comes as no surprise this volatility saw hedging and speculative derivates markets volumes increase in the space. London’s Baltic Exchange released data showing the derivatives market for clean and dirty tankers volumes traded in 2022 was up year on year. The most liquid dirty route was the VLCC route Middle East Gulf to China (TD3C), but TD20 … Continue reading “Baltic Exchange Derivatives Market Volumes Rose in 2022 Led by Middle East Gulf to China VLCC Tankers”