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.