Forward Contract

Seabridge now introduces "Forward Contract" to you provide you an option that allow you to take greater control of bunker cost exposure. Rather than accepting the consequences of the price risk exposure, your company could take control of price risk and even turn it to your favor by utilizing "Forward Contract".

Forward Contract is literally a commercial contract that relate to your company's bunker procurement in a designated future which allow you to manage your bunker cost in almost any time in the future and create an opportunity to speculate the market dynamics. While the potential rewards from speculation may be high, so are the risks. When you have bunkering plan, you could take whole or part of your inquiry to make forward contract deal with Seabridge Bunkering. And then, such "back-to-back" transactions would represent a hedging activity.