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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.
A financial plan can also be an estimation of cash needs and a decision on how to raise the cash, such as through borrowing or issuing additional shares in a company. [3] Note that the financial plan may then contain prospective financial statements, which are similar, but different, to those of a budget. Financial plans are the entire ...
This is a list of abbreviations used in a business or financial context. ... ICB – Industry Classification ... $225K would be understood to mean $225,000, and $3.6K ...
The same year, the Ship Energy Efficiency Management Plan was adopted, which required ship energy efficiency to be monitored. [ 3 ] : 17 These were included in Annex VI of MARPOL 73/78 . That the new regulations would apply equally to all countries regardless of economic development was a source of dispute relating to the principles of Common ...
The international shipping industry can be divided into four closely related shipping markets, each trading in a different commodity: the freight market, the sale and purchase market, the newbuilding market and the demolition market. These four markets are linked by cash flow and push the market traders in the direction they want.
Income-contingent repayment, a payment plan based on the payer's income; Industrial Cases Reports, a law report; Inishowen Community Radio (ICR FM), a local radio station broadcasting on the Inishowen Peninsula in Ireland; Intercolonial Railway, a historic Canadian railway
IACS is a non-commercial, technical collaboration association to establish, review, develop, and promote minimum technical requirements in relation to the design, construction, maintenance and survey of ships and other marine related facilities and to assist international regulatory bodies in the development and interpretation of statutory regulations to help ensure their universal and uniform ...
Supply chain finance (or supply chain financing, abbreviated to SCF) is a form of financial transaction initiated by the ordering party (a business customer) in order to help its suppliers to finance their receivables more easily and at a lower interest rate than the rate available commercially.