Freight

LCH.Clearnet’s Freight service provides an independent clearing service for the registration of OTC Forward Freight Agreements (FFAs) for the most actively traded routes; thirteen dry and ten wet routes, as well as options on the four dry timecharter routes: Capesize, Panamax, Supramax and Handysize.

Globally based chartering companies, ship owners and trading companies are increasingly looking to manage their risk through cleared trading opportunities. By clearing through LCH.Clearnet, clients benefit from the stability and the implicit security of our default fund.

Approved Brokers have open and equal access to the service and can register their OTC brokered trades with LCH.Clearnet for clearing through a clearing member of LCH.Clearnet.

The service was launched in September 2005 with the support of the freight broking community. We are committed to working closely with the industry to ensure that our offering reflects the ongoing needs of the marketplace.