Using Baltic Exchange data for settlement 

When Baltic Data is referenced for the settlement of contracts, every party to the contract is required to have a valid Baltic Data Settlement Licence for the entire duration of the contract. This includes, but is not limited to, Time and Voyage Charterparties, Contracts of Affreightment (COAs), Commodity Contracts and Freight Derivative agreements (FFAs) that are not given up for clearing.

A Baltic Data Settlement Licence can be obtained through:

  • A Baltic Panellist- Baltic data is based on assessments made by Panellist Brokers and the easiest way to obtain a licence is to nominate a Baltic Panellist Broker in the contract. Every Baltic Panellist Broker is permitted by the Baltic Exchange to provide Baltic Data (including a Settlement Licence to its clients in the segment(s) for which the Panellist Broker supplies assessments to the Baltic. A list of Baltic panellists can be found here.
  • Alternatively, a licence can be obtained directly from the Baltic Exchange

To ensure that your company has the correct licence or to learn more about Baltic Exchange market information, please contact [email protected].