A new course focused on hedging strategies for shippers, forwarders and carriers using futures.

Learn how to manage ocean container freight risk with futures. This half day, classroom-based course looks at the fundamentals driving container rate volatility, explains how to use container freight market information, covers the practicalities of Container Forward Freight Agreements and provides practical examples of short and long term trading strategies.

Using FBX To Manage Freight Rate Volatility. Click here to download our white paper report.

Course leaders
Prof. Amir Alizadeh   Centre for Shipping, Trade & Finance  Bayes Business School (former Cass Business School)

Prof. Nikos Nomikos       

Centre for Shipping, Trade & Finance

Bayes Business School (former Cass Business School)

The course leaders, Prof. Amir Alizadeh and Prof. Nikos Nomikos of Bayes Business School, are both internationally recognised academics in the fields of shipping and commodity finance, and risk management. Their theoretical and applied research work has been published in leading academic and professional journals and they also provide consultancy services to the industry on different aspects of commodity and shipping risk management.

Please click here for our 2024 course brochure.


Course Overview

Module Outlines
Session 1: Introduction to Container Market

Features of Liner & Container Service

Container Shipping Cost Components

Current Fleet and Vessel Values

Liner Shipping Companies & Alliances

Liner Tariffs and Pricing Mechanism

Liner Tariff Volatility and Risk Management

Session 2: Baltic Container Freight Indices

Baltic Indices Construction Methodology

Container market Information

FBX & Other Container Indices

Using Container Market Information

Session 3: Container Freight Risk Management I

Risk Management Process

Why Managing Container Freight Risk Matters?

Container Forward Freight agreements (FFA)

Credit Risk and Clearing

Risk Management with CFFAs

Session 4: Container Freight Risk Management II

Examples of Hedging with CFFAs

Shipper and Carrier Hedging Process

Short and Long-term Hedging Strategies

Differences in Front Haul and Back Haul Hedging

Terms and Conditions

No course material may be copied or reused without the permission of the Baltic Exchange.

You may only print off any course materials for your own personal use. You must not provide, offer to sell, license or transfer the course materials (whether in whole or in part in any manner or form or in or on any media) to any other person unless we have agreed to this in writing.

In the event that we are unable to deliver classroom learning due to events beyond our control, delegates will be offered the choice of a refund or reschedule to a future date. 

Further Questions

Please contact: 
Tel:  +44 (0)20 3326 8465
Email:  [email protected]