Market Insights: Maritime Fuels
A wise man once said; “No man is an island”. In 2020, this maxim could also be applied to EEX’ freight markets. As the leading marketplace for freight derivatives, our clients are collectively exposed to numerous risks – and at the forefront, millions of tonnes of fuel oil – inarguably the largest variable cost of seaborne freight.
In our latest Market Insights, Erlend Engelstad revisits the maritime fuels market, almost a year on from the watershed regulations implemented by IMO and examines how this new landscape impacts our freight clients.
Located in the commodity trading hub of Singapore, EEX Asia specializes in:
EEX Asia is the Asian Exchange of EEX Group, offering futures contracts on freight and seaborne commodities.
Contracts are cleared through European Commodity Clearing (ECC). ECC was awarded Recognised Clearing House (RCH) status by the Monetary Authority of Singapore (MAS) in 2018.
As part of EEX Group, a group of companies serving the international commodities markets, EEX Asia is the home of EEX Group's global commodities business and the group's exchange in the region.