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Shanghai Shipping Freight Exchange Co., Ltd. develops freight rate derivatives that help shipping companies manage rate risk.
Founded in 2010 and headquartered in Shanghai, China, SSEFC develops and applies freight rate derivatives, particularly for coastal coal freight rates, to help shipping companies and traders hedge rate fluctuations. Its client network includes COFCO Corporation, and it partners with Xiamen International Bank. Tiantu Capital invested in the company in August 2011, and it is at the Seed stage.
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