Shipbroker Clarksons has brokered a 174,000-cbm forward freight agreement trade on the Chicago Mercantile Exchange (CME) in what the shop says is a world first.

Clarksons said the trade was a calendar 2025 to 2026 FFA based on the Baltic Exchange’s BLNG2g 174 LNG route assessment, from Sabine Pass in the US to the UK’s Isle of Grain, at $75,000 per day.