Press Archive
The latest news from the Baltic Exchange
| 18/12/2009 New FFABA Association Chairmen Dorian Benson of GFI Brokers and Andrew Jamieson of ACM-GFI have been elected chairmen of the FFA Brokers’ Association (FFABA) dry and wet sections respectively for 2010. More >> |
| 18/11/2009 Lord Mayor warns London freight derivatives market that change is coming Newly elected Lord Mayor of London Alderman Nick Anstee has warned Baltic Exchange members that change is on the horizon for the freight derivatives sector. More >> |
| 02/09/2009 Baltic Exchange warns on over-zealous European derivatives regulation The Baltic Exchange has called on the European Commission (EC) not to lose sight of the benefits of over-the-counter (OTC) trading in the freight derivatives market and warns that over-zealous regulation could drive business away from Europe. More >> |
| 01/07/2009 Significant change to Baltic Exchange Dry Index In a move designed to help boost derivative trading, the Baltic Exchange will be implementing changes to the way in which the Baltic Exchange Dry Index (BDI) is calculated. As of 1 July 2009, the BDI will be calculated taking the timecharter components of the Baltic’s capesize, panamax, supramax and handysize indices. More >> |
| 01/06/2009 New chairman for Baltic Exchange Freight Market Information Users' Group Stefan Albertijn, senior freight manager at Hamburg based commodity house Alfred C. Toepfer International has been appointed the chairman of the Baltic Exchange’s Freight Market Information Group (FMIUG) dry section. More >> |
| 05/05/2009 Honorary Baltic Exchange Membership for Sammy Ofer Shipping magnate and philanthropist Sammy Ofer, KBE was presented with honorary life membership of the Baltic Exchange last week (30 April 2009). Awarded in recognition of his hugely successful shipping career as well as his charitable contributions to the National Maritime Museum and Cutty Sark appeal, Mr Ofer was presented his award at a lunch at the Baltic Exchange. More >> |
| 27/03/2009 Mark Jackson elected new Baltic Exchange Chairman The Board of Directors of the Baltic Exchange has elected Mark Jackson of AM Nomikos to serve as its Chairman, and Paul Over to serve as Vice-Chairman. They will take office following the Annual General Meeting scheduled for 8 July 2009, when the present Chairman Michael Drayton steps down. More >> |
| 09/03/2009 Baltic Exchange and LMAA to offer mediation services The Baltic Exchange and the London Maritime Arbitrators Association (LMAA) have teamed up to establish a mediation service for shipping and commodity related disputes. More >> |
| 05/03/2009 Baltic to publish port costs for tanker assessments The Baltic Exchange will begin publishing the port costs used to calculate its daily time charter equivalent (TCE) assessments for the tanker market from 9 March. More >> |
| 19/01/2009 2008 freight derivative trading volumes up Figures compiled by the Baltic Exchange reveal that the volume of Forward Freight Agreement (FFA) trades increased in 2008. Dry trading volumes grew by 15% on the previous year whilst tanker FFA volumes were up 14%. More >> |
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