Press Archive

The latest news from the Baltic Exchange

14/03/2012
New Baltic Exchange appointments

The Baltic Exchange has announced the elections of Susan Glover (BP Shipping) as chairman of its Freight Market Information Group (FMIUG) tanker section and Emily Driver (SSY Futures) as chairman of the Forward Freight Agreement Brokers’ Association (FFABA) dry section.
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13/03/2012
Baltex FFA data now available to shipping market

A summary of real time prices on Baltex, the Baltic Exchange’s Multilateral Trading Facility for dry freight derivatives, will be made available to Baltic members from 14 March 2012.
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29/02/2012
Greater Asian chartering authority enables Baltic to move supramax reporting times

Increased levels of chartering authority in the Asia-Pacific region have led the Baltic Exchange to move forward the publication times of its Asian supramax routes.
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18/11/2011
Tanker derivative traders move to dollar per tonne settlement

Tanker freight derivative traders meeting at the Freight Market Information Users' group at the Baltic Exchange yesterday (17 November 2011) agreed that from the New Year all Tanker FFA contracts which are traded in Worldscale would be converted to a dollar per metric tonne ($/MT) price when presented to the clearing houses.
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17/11/2011
Lord Mayor of London commends UK maritime services

Newly elected Lord Mayor of London David Wooton highlighted the £26bn contribution made by maritime businesses to the UK economy during a visit to London’s Baltic Exchange yesterday (Weds 16 Nov 2011).
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12/10/2011
Baltic Exchange honours Maersk Mc-Kinney Møller

The achievements of Maersk Mc-Kinney Møller (98) were celebrated at a lunch attended by the legendary Danish shipowner and held in his honour today (Weds 12 October) at London’s Baltic Exchange.
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29/09/2011
Baltic Exchange elects new Vice Chairman

The Baltic Exchange Board of Directors has elected Quentin Soanes to serve as its Vice Chairman with immediate effect.
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06/07/2011
Baltex approaching critical mass

Four weeks after its launch, the Baltic Exchange’s electronic marketplace for dry freight derivatives, Baltex, is close to achieving the critical mass needed for success with 15 principals and 5 broker members now using the system.
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16/06/2011
New Baltic User Group Chairmen

The Baltic Exchange’s Freight Market Information User Group (FMIUG) has elected two new chairmen for its dry and wet market sections.
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08/06/2011
Baltex executes first trade

The Baltic Exchange’s electronic marketplace for dry freight derivatives, Baltex, commenced trading today (8 June 2011) and executed its first trade at 0733.
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08/06/2011
Promising first day for Baltex

Baltex - the Baltic Exchange’s electronic marketplace for dry freight derivatives – closed its first full day’s trading at 1800 (London) today as scheduled.
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18/05/2011
Baltex to launch 8 June

The Baltic Exchange has announced that its Multilateral Trading Facility for dry freight derivatives, Baltex, is set to go live on 8 June 2011. The announcement was made following a discussion with the Freight Market Information Users’ Group which met today (Weds 18 May) in London.
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04/05/2011
FSA approves Baltex - launch imminent

The UK’s Financial Services Authority (FSA) has authorised the Baltic Exchange’s subsidiary Baltic Exchange Derivatives Trading Ltd (BEDT) to run a Multilateral Trading Facility to offer trading in Forward Freight Agreements (FFAs). Baltex, a central screen based trading solution for the dry FFA market, will go live shortly.
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05/04/2011
Baltic Magazine contract up for tender

The Baltic Exchange invites tenders for the contract to publish its magazine the Baltic.
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23/03/2011
Extra year in office for Baltic Exchange Chairman Mark Jackson

The Baltic Exchange has announced that at the request of the Board, current Chairman Mark Jackson will continue in the role for one further year, extending his current two year term which commenced on 8 July 2009.
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28/01/2011
Baltic Exchange pays interim dividend

Following a decision by the Baltic Exchange Board of Directors on 17 November 2010, an interim dividend of £0.40 per share will be paid on 28 January 2011 to Baltic Exchange shareholders.
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The Baltic is a quarterly magazine and your window to what's happening in the shipping world.

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  • Baltic bomb- 20 years on
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