Freight Futures and Options

CME Group’s freight futures contracts are designed to meet the needs of the industry for secure and efficient clearing of Freight Forward Agreement transactions.

Access our expanding suite of freight contracts on NYMEX that continue to meet the evolving needs of the market.

The Benefits

  • A long history of proven reliability through CME ClearPort, backed by the strength of CME Clearing
  • Competitive fee schedule
  • Straight Through Processing (STP) directly into customer risk systems
  • Margined efficiently in the portfolio of products cleared through CME ClearPort
  • Futures and Options contracts cleared at CME Group offer full regulatory protection

Key Features of CME Clearing

The foundation of CME ClearPort is the strength of the CME Clearing and its market leading risk management. The benefits of CME Clearing include:

  • Instant confirmation that a trade is cleared — no delays while credit checks are carried out
  • A fund that ensures the safety and soundness of customers’ cleared positions
  • 24-hour monitoring by an experienced risk management team.

Related Products

Resources

 

Contacts

emailfreight@cmegroup.com

emailVerena Peternell
+44 20 3379 3723

emailNicolas Dupuis
+65 6593 5521

Featured Products

Introducing Container Freight Rate futures

Don't wait until your ship has come in to manage price risk.

New, first-of-its-kind product suite on six major trade lanes. Each trade lane is based on Freightos Baltic FBX trade lanes and calculated from spot rates offered by carriers to international freight forwarders on Freightos applications.

Find out more in the latest SER-8902R and FAQ.

Clearing Globex Floor ClearPort Product Name Exchange Product Group Subgroup Category Subcategory Cleared As Volume Open Interest
TL TL - TL Freight Route Middle East to China (TD3C) (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 1,520
BL2 BL2 - BL2 LNG Freight Route US Gulf to Continent RV ( LNG Fuel) (Baltic) Futures NYMEX Energy Freight Wet Outrights Futures 15 222
TM TM - TM Freight Route Continent to US Atlantic Coast (TC2) (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 72
FLP FLP - FLP LPG Freight Route Middle East to Japan (BLPG1) (Baltic) Futures NYMEX Energy Freight Wet Outrights Futures 0 69
CS4 CS4 - CS4 Container Freight (China/East Asia to North Europe) (FBX11) (Baltic) Futures NYMEX Energy Freight - Outrights Futures 0 40
TH TH - TH Freight Middle East to Japan (TC5) (Platts) Futures NYMEX Energy Freight Wet - Futures 0 40
T2D T2D - T2D Freight Route West Africa to UK Continent (TD20) (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 12
T5C T5C - T5C Freight Route Skikda, Algeria to Japan (TC15) (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
T6B T6B - T6B Freight Route Skikda, Algeria to Euromed (TC6) (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
TB2 TB2 - TB2 Freight Route West Coast India to Japan (TC12) (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
T8B T8B - T8B Freight Route Kuwait to Singapore (TD8) (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
T4D T4D - T4D Mini Freight Route US Gulf to Continent (TC14) (Baltic) Daily Futures NYMEX Energy Freight Wet - Futures 0 0
USE USE - USE USGC to UK Continent (Platts) Dirty Freight Futures NYMEX Energy Freight Wet Outrights Futures 0 0
ACB ACB - ACB Freight Route US Gulf to China (TD22) (Baltic) Futures NYMEX Energy Freight Wet Outrights Futures 0 0
BL1 BL1 - BL1 LNG Freight Route Australia to Japan RV ( LNG Fuel) (Baltic) Futures NYMEX Energy Freight Wet Outrights Futures 0 0
CS1 CS1 - CS1 Container Freight (China/East Asia to US West Coast) (FBX01) (Baltic) Futures NYMEX Energy Freight - Outrights Futures 0 0
CS3 CS3 - CS3 Container Freight (China/East Asia to US East Coast) (FBX03) (Baltic) Futures NYMEX Energy Freight - Outrights Futures 0 0
CS6 CS6 - CS6 Container Freight (China/East Asia to Mediterranean) (FBX13) (Baltic) Futures NYMEX Energy Freight - Outrights Futures 0 0
TK TK - TK Freight Route North Sea to Continent (TD7) (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
TMB TMB - TMB Freight Route Continent to US Atlantic Coast (TC2) (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
T9B T9B - T9B Freight Route Baltic to UK Continent (TC9) (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
TLB TLB - TLB Freight Route Middle East to China (TD3C) (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
THB THB - THB Freight Middle East to Japan (TC5) (Platts) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
TD3 TD3 - TD3 Freight Route Middle East to China (TD3C) (Platts) Futures NYMEX Energy Freight Wet - Futures 0 0
BL3 BL3 - BL3 LNG Freight Route US Gulf to Japan RV ( LNG Fuel) (Baltic) Futures NYMEX Energy Freight Wet Outrights Futures 0 0
TD8 TD8 - TD8 Freight Route Kuwait to Singapore (TD8) (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
T5B T5B - T5B Freight Route Med to Far East (TC15) (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
AEB AEB - AEB Freight Route US Gulf to ARA (TD25) (Baltic) Futures NYMEX Energy Freight Wet Outrights Futures 0 0
CS2 CS2 - CS2 Container Freight (US West Coast to China/East Asia) (FBX02) (Baltic) Futures NYMEX Energy Freight - Outrights Futures 0 0
CS5 CS5 - CS5 Container Freight (North Europe to China/East Asia) (FBX12) (Baltic) Futures NYMEX Energy Freight - Outrights Futures 0 0
TCF TCI - TCF Freight Middle East to Japan (TC5) (Platts) Average Price Option NYMEX Energy Freight Wet - Options 0 0
TDT TDT - TDT Freight Route Middle East to China (TD3C) (Baltic) Average Price Option NYMEX Energy Freight Wet - Options 0 0
FRS FRS - FRS Freight Route West Coast India to Japan (TC12) (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
TC6 TC6 - TC6 Freight Route Skikda, Algeria to Euromed (TC6) (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
FRC FRC - FRC Freight Route US Gulf to Continent (TC14) (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
TC9 TC9 - TC9 Freight Route Baltic to UK Continent (TC9) (Baltic) Futures NYMEX Energy Freight Wet - Futures 0 0
T4B T4B - T4B Freight Route US Gulf to Continent (TC14) (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
TKB TKB - TKB Freight Route North Sea to UK Continent (TD7) (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
T2B T2B - T2B Freight Route West Africa to UK Continent (TD20) (Baltic) BALMO Futures NYMEX Energy Freight Wet - Futures 0 0
TMD TMD - TMD Mini Freight Route Continent to US Atlantic Coast (TC2) (Baltic) Daily Futures NYMEX Energy Freight Wet - Futures 0 0
Trade Date: 21 Sep 2023 | FINAL

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2023 CME Group Inc. All rights reserved.