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Klaveness Commercial Management - Marine Money

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Owner’s option to convert to TC<br />

P4TC ‐ Level P4TC ‐ Daily change<br />

$6 000<br />

$4 000<br />

$2 000<br />

$0<br />

‐$2 000<br />

‐$4 000<br />

‐$6 000<br />

$100 000<br />

$80 000<br />

$60 000<br />

$40 000<br />

$20 000<br />

$0<br />

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009<br />

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009<br />

� The daily volatility can<br />

challenge a presumably<br />

good time to fix the ship<br />

� Conversion to TC can be<br />

done irrespective of the<br />

vessel’s physical position<br />

� With a predefined rate<br />

level, we can utilize the<br />

volatility to the benefit<br />

of the ship owner<br />

KLAVENESS COMMERCIAL MANAGEMENT INTRODUCING NEW OPPORTUNITIES IN THE DRY BULK MARKET<br />

KLAVENESS COMMERCIAL MANAGEMENT INTRODUCING NEW OPPORTUNITIES IN THE DRY BULK MARKET

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