FFA Trading
Forward Freight Agreement capture for all major Baltic routes — dry bulk and tanker
CTRM Next Solutions
Freight Trading Software
Trade and manage Forward Freight Agreements and shipping derivatives
Freight markets are a critical component of global commodity trading — and increasingly traded as a standalone asset class. CTRM Next provides dedicated freight trading capabilities for Forward Freight Agreements (FFAs), freight options, and shipping derivatives with full integration into physical chartering and commodity operations.
The Challenges
Freight trading managed separately from physical chartering and commodity operations
Complex route-based pricing and settlement mechanics for FFAs
Limited freight derivative support in traditional CTRM platforms
No integrated view across physical freight exposure and FFA hedges
Baltic index tracking and settlement calculation done manually
How CTRM Next Solves This
Freight Options
Asian-style freight options and spread trading across routes and periods
Baltic Index Integration
Real-time Baltic Dry Index, Baltic Clean Tanker Index, and route indices
Settlement
Automated FFA settlement calculations against Baltic index averages
Physical Integration
Integrated view across FFA positions and physical chartering exposure
Portfolio Analytics
Freight portfolio risk, P&L, and exposure analysis across routes and periods
Key Benefits
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Unified view of physical freight and derivative positions
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Automated settlement against Baltic indices
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Full integration with commodity operations and chartering
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Real-time freight exposure and risk management
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Manage freight as part of your overall commodity portfolio
Related Solutions
Operations & Chartering Software
Integrated logistics, vessel management, and operational workflows for commodity trading
Physical Commodity Trading Software
End-to-end physical trading: contracts, operations, logistics, and settlement
Commodity Risk Management Software
GPU-powered risk analytics for real-time position and exposure management
Oil & Gas Trading Software
AI-powered CTRM built for the complexity of oil & gas markets
Integrate freight into your commodity trading
See how CTRM Next connects freight derivatives with physical chartering.