Benefits of OceanConnect
Market Coverage OceanConnect global brokerage presence
in derivatives and physical markets provides access to the entire worldwide
sphere of market makers. Greater market liquidity produces more competitive,
truer price quotes.
Basis Risk The purpose of hedging is risk reduction for vessel owners
buying bunkers. Hedging future bunker costs against a different product
(for example, crude oil) may in some circumstances be the right choice...
but only by obtaining market coverage and considering all instruments
can the shipowner make an informed decision. OceanConnect
service will compare similar products, locations, and timing, with an
eye towards securing the lowest possible risk and the best possible price. Other bases are available for a complete range of hedging facilities.
Customized to the owner’s needs Through its extensive network of market
maker counterparties, OceanConnect endeavor to most closely
cover the owners’ shipping routes. Identifying the most effective hedge
for an owner operating vessels in the Mediterranean requires consideration
of hedging instruments that use Mediterranean bunker prices (instead of
Strictly Brokerage OceanConnect do not trade against
your requirements. Instead, we provide actual quotes from multiple potential
counterparties. Negotiating a transaction beneficial to both parties is
our only interest.
Introduction to Hedging
Swaps are the most
common hedging mechanism...
of Risk Management
Shipowners protect profits from unforseen increases in fuel costs...