Press Archive
The latest news from the Baltic Exchange
| 22/12/2004 No change to Baltic Panamax route 2A_03 Following requests by freight derivatives brokers through the Forward Freight Agreement Brokers’ Association (FFABA), the Baltic Exchange has said that it will not implement a change of description for Panamax Route 2A_03 for the time being. More >> |
| 21/12/2004 Baltic Supramax Index to replace Baltic Handymax Index The Baltic Exchange has announced that it intends to cease publication of the Baltic Handymax Index (BHMI) on 23 December 2005. More >> |
| 06/12/2004 Successful trial for Baltic Demolition Assessments The Baltic Exchange today (Monday 6 December) officially launched a weekly assessment of ship demolition values following a successful 21 week trial. More >> |
| 01/11/2004 Interim dividend for Baltic shareholders The Baltic Exchange Board of Directors today declared an interim dividend of £2.50 per share. More >> |
| 01/11/2004 Contribution of UK's maritime services sector underestimated The booming $30 billion freight derivatives market and high ocean freight rates mean that the financial contribution of maritime services to the UK economy vastly exceeds researchers’ estimates of £1 billion a year in foreign earnings, according to Baltic Exchange Chairman Peter Kerr-Dineen. More >> |
| 27/10/2004 Baltic Exchange retains ME Gulf-Singapore tanker route The Baltic Exchange will continue to make daily Worldscale assessments on its ME Gulf to Singapore tanker route (TD2) and will not be withdrawing the route on 30 June 2005 as previously announced (23 June 2004). More >> |
| 08/10/2004 Baltic Exchange launches new tanker assessments As of Monday 11 October 2004, the Baltic Exchange will be expanding its range of tanker market assessments with the launch of two new routes. This follows a successful 14 week trial. The new tanker route assessments will be based on the following criteria: More >> |
| 22/09/2004 Baltic Exchange to focus on Asian tanker markets The Baltic Exchange will announce tomorrow (23 September) at its Tanker Freight Derivatives Forum in Singapore that it will launch a new Asian tanker route and increase the number of Singapore-based shipbrokers on its reporting panel. More >> |
| 30/07/2004 BALTIC EXCHANGE PLANS TO INTRODUCE NEW FREIGHT INDEX The Baltic Exchange has announced today that it intends to undertake the widest possible consultation with the industry before introducing a new index that will replace the existing Baltic Handymax Index (BHMI). More >> |
| 29/07/2004 Baltic Exchange boost for freight derivatives market The growing market for freight derivatives looks set to receive further encouragement with the Baltic Exchange organising a series of forums and workshops in Hong Kong, Singapore and Athens this September. More >> |
| 23/07/2004 Baltic Exchange to expand vessel sale & purchase assessments The Baltic Exchange proposes to change the name of its Baltic Ship Valuation Assessments (BaSVA) to Baltic Sale and Purchase Assessments. More >> |
| 02/07/2004 Baltic Exchange launches ship demolition assessments The Baltic Exchange is set to launch an independent benchmark on the demolition values of bulk carriers and tankers. More >> |
| 30/06/2004 Baltic Exchange to introduce new dry freight index The Baltic Exchange has announced today that it plans to introduce a Baltic Supramax Index (BSI) which is intended to replace the existing Baltic Handymax Index (BHMI on 3 January 2006. More >> |
| 23/06/2004 Changes to Baltic Exchange tanker routes As of 1 July 2004, the Baltic Exchange will expand the range of its freight market information with the trial of two new tanker routes. More >> |
| 16/06/2004 Baltic Exchange reduces operating loss; develops dividend strategy The Baltic Exchange today announced a significantly reduced operating loss; it also outlined its intention to pursue a progressive dividend policy. More >> |
| 20/05/2004 New Sale and Purchase Vessel Derivative Advisory Group formed A new independent advisory group has been formed to enhance the emerging market for vessel asset derivatives. More >> |
| 16/03/2004 Baltic Exchange tightens freight market data redistribution policy The Baltic Exchange has announced a change to its distribution policy for its detailed daily freight market assessments, aimed at encouraging membership and reducing unauthorised access. More >> |
| 20/01/2004 Baltic Exchange extends BHMI publication; and reviews BITR routes The Baltic Exchange has announced that the daily handymax vessel assessments making up the Baltic Handymax Index (BHMI) will continue to be published until at least 1 January 2006. More >> |
| 19/01/2004 New chairman for Baltic freight derivatives brokers Andy Lucey of UK freight derivatives broker, Freight Investor Services, has been elected as the new chairman of the Forward Freight Agreement Brokers' Association (FFABA) for 2004. More >> |
| 06/01/2004 New Baltic voice for tanker principals Simon Toyne of the US oil trading company Hess Energy Trading Company LLC (HETCO) has been appointed the first chairman of the Baltic's Freight Market Information Users' Group's (FMIUG) tanker section. More >> |
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