Event·Diplomatic

TD34 FFA trades outpace TD3C in debut week as market seeks greater Gulf freight cover

15 OCT 2026 · 1000Z

The launch of the Forward Freight Agreement (FFA) for the Baltic’s TD34 route (Gulf of Oman to China) by Intercontinental Exchange (ICE) has seen near-record volumes since its launch on 5 October. The cash-settled freight futures contract, based on the Baltic Exchange’s TD34 pri…