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A forward freight agreement (FFA) is a financial forward contract that allows ship owners, charterers and speculators to hedge against the volatility of freight rates. It gives the contract owner the right to buy and sell the price of freight for future dates. FFAs are built on an index composed of a shipping route for tanker or a basket of ...
Transpolar Sea Route. The Transpolar Sea Route (TSR) is a future Arctic shipping route running from the Atlantic Ocean to the Pacific Ocean across the center of the Arctic Ocean. [1][2] The route is also sometimes called Trans-Arctic Route. In contrast to the Northeast Passage (including the Northern Sea Route) and the Northwest Passage it ...
Arctic shipping routes are the maritime paths used by vessels to navigate through parts or the entirety of the Arctic. There are three main routes that connect the Atlantic and the Pacific oceans: the Northeast Passage, the Northwest Passage, and the mostly unused Transpolar Sea Route. [2] In addition, two other significant routes exist: the ...
DFDS Seaways. DFDS Seaways is a Danish shipping company that operates passenger and freight services across northern Europe. Following the acquisition of Norfolkline in 2010, DFDS restructured its other shipping divisions (DFDS Tor Line and DFDS Lisco) into the previously passenger-only operation of DFDS Seaways.
This map of shipping routes illustrates the relative density of commercial shipping in the world's oceans. Freight transport, also referred as freight forwarding, is the physical process of transporting commodities and merchandise goods and cargo. [1] The term shipping originally referred to transport by sea but in American English, it has been ...
The International North–South Transport Corridor (INSTC) is a 7,200-km (4500 mile) long [1] multi-mode network of ship, rail, and road route for moving freight between India, Iran, Azerbaijan, Russia, Central Asia and Europe. The route primarily involves moving freight from India, Iran, Azerbaijan and the Russian Federation via ship, rail and ...
The Arctic Bridge shipping route (blue line at map) is hoped to link North America to markets in Europe and Asia using ice-free routes across the Arctic Ocean. The Arctic Bridge or Arctic Sea Bridge is a seasonal sea route approximately 6,700 kilometres (4,200 mi; 3,600 NM) long linking Russia to Canada, specifically the Russian port of Murmansk to the Hudson Bay port of Churchill, Manitoba.
The Descartes Systems Group Inc. (commonly referred to as Descartes) is a Canadian multinational technology company specializing in logistics software, supply chain management software, and cloud -based services for logistics businesses. Descartes is perhaps best known for its abrupt and unexpected turnaround in the mid-2000s after coming close ...