Providing independent assessments
The members of the various Baltic Exchange panels are competitive shipbrokers who do not invest in the markets they report and are free from conflicts of interest. Shipowners or charterers cannot be panellists.
Strict criteria apply to the selection of Baltic Exchange panellists. These include:
- Recognition as competent, professional firms, actively engaged in the markets they report, with adequate personnel
- Membership of the Baltic Exchange, meeting all relevant membership criteria
- Geographical spread of panellists
- Exclusion of firms who are exclusive representatives of principals or dependent on small number of clients
Panellists are able to provide counterparts with a settlement licence to cover their use of Baltic Data within the same market sector. See settlement licence for details.