General Discussion


  • How to fix a price on one year contract with supplier?
  • German Naranjo
    Katla Seafood
    GMT 07:46
    1st Jun 2008
    dear all

    can you recommend how to agree on a price for one year contract with a supplier ? I.e. weekly med platts + premium, monthly med platss + premium.

    This is for supply a fishing fleet at high sea with a tanker.
    tks in advance
  • Mark Bresnahan
    Cockett Marine Oil Southern Europe Ltd
    GMT 11:10
    4th Jun 2008
    IP: x.x.113.251
    you are on the right lines, you can change a floating price ( monthly med cargo + premium ) into a fixed price, by taking out a swap. Email me mark@cockett.com for more info.