FFAs Time Charter Options Calculator
Ever wonder as a ship
owner or operator how much this charter extension
option you are giving away to your vessel's charterer is
actually worth?
Do you have the
means and tools to
determine if the profit participation scheme you are
offered by charterers is fairly priced or not?
- FFAs Suite TC Calculator makes all these decisions very easy to price in actual monetary terms, the familiar way in US$/day. Just input some preliminary data into the model and get immediate results based on the prevailing paper market prices at any given moment.
- The markets have changed in the past few years, with paper prices now almost dominating the mechanics behind complex TC structures. We supply you with the tools to cope with market changes in a professional way, never left wondering if you made the right decision or not.
- Just think that being able to improve on your vessels charter terms by a tiny $25/day using our tools represents annual savings of more than $9,000, a twenty fold multiple of what our service costs to you.
Our TC Calculator can price from the simplest structure to the most complex one, catering for all kinds of variations in the market, like profit sharing schemes, loses sharing schemes, index linked schemes with caps and floors, you name it.
- We do not just offer an TC Options Calculator, leaving it up to you to determine the correct parameters to be passed to the model to evaluate a specific structure. We supply all the necessary data, in historical form, such as implied volatility, historical volatility, swap closing prices, spot closing prices, average settlement spot prices, interest rates etc.
- We take the uncertainty out of the picture, and we provide you with a robust data environment to start pricing a complex TC structure with embedded options right out of the box! No more left wondering if you are inputting the correct parameters or not.
- Feel free to adjust all pricing input parameters, like defining your own paper curve, for example to better represent the starting voyage point for a proposed charter.