Braemar Shipping Services is launching a new screen for the dry freight derivatives industry.

It is doing so with an eye to the lessons learned from its rivals earlier flawed attempts to establish a derivatives platform.

The new screen, Braemarscreen.com, seeks to streamline the pre-execution process of trading forward freight agreements (FFAs.)

The shipbroker believes that greater price transparency will help drum up new business to the FFA market.

And it is confident of avoiding the pitfalls that led to litany of failed trading screens.