Derivatives receives boost from TCC

摘要

The nascent trade in container freight derivatives received a boost in November with news that niche transpacific carrier The Containership Company (TCC) has been discussing index-linked freight rate agreements with its customers in advance of the 2011/12 contracting season.rnTCC believes that floating rate contracts will allow the parties to experiment with derivative trading as a means of reducing exposure to freight rate volatility.