New company “posted” by Baltic
Members are advised that a new company has been “posted” by the Baltic Exchange on the password protected area of www.balticexchange.com. Click here for further details.
The Baltic Exchange has a system of “posting” which dates back to its trading floor days whereby the exchange lets its entire membership know if a company has withheld payment to a member, perhaps by not paying a commission or honouring an arbitration award.
Members of the Baltic also have access to a comprehensive database of companies with whom other members have experienced difficulties in the past.