Tag: Baltic Exchange

Singapore Exchange Limited (SGX) has entered into an agreement with The Baltic Exchange Limited (Baltic Exchange) through which SGX will enter into exclusive discussions with the Baltic Exchange regarding a cash offer for 100% of the share capital of the Baltic Exchange (Transaction).

London has come top of a listing of maritime service centres published in English on September 10th, 2015 by the Baltic Exchange and Xinhua, China's news agency, whilst Singapore heads the overall list for its combined port and maritime services offering.

Changes in the capesize fleet profile have led the Baltic Exchange to announce that it will cease panel based reporting

he Baltic Exchange will be making changes to the Baltic Capesize Index including a change to its vessel description, amends to the route weightings and the addition of three new routes on 6 May 2014

The Baltic Exchange will be making significant amends to the Baltic Capesize Index including a change to its vessel description, amends to the route weightings and the addition of three new routes.

The London headquartered Baltic Exchange today held its first ever board meeting outside of the UK. Baltic Exchange directors met at Thomson Reuters Singapore offices to discuss a range of shipping market issues including proposed changes to the Baltic Exchange's index definitions.

Baltic Exchange Moves Capesize Reporting Times Forward

Baltic Exchange announces activity weighted forward curve for tanker FFAs

The occasion marked his 20 years as a Life Honorary Member of the Exchange. The achievements of Maersk Mc-Kinney Møller (98) were celebrated at a lunch attended by the legendary Danish shipowner and held in his honour on Wedseday on 12 October, at London's Baltic Exchange.The occasion marked his 20 years as a Life Honorary Member of the Exchange. Welcoming Mr Mc-Kinney Møller to the Baltic Exchange, its Chairman Mark Jackson said:"It is a delight that you have been able to accept our invitation and I very much hope that you will feel that you are back among friends."Referring to Mr Mc-Kinney Møller's speech of 1991 when he accepted his Life Honorary Membership, Mark Jackson said:"During your speech in October 1991 you talked about the professionalism of the Baltic membership; their thoroughness and attention to detail, but nonetheless the way in which everyone was expected to stand by the arrangements they had agreed verbally. I am pleased to say that the Baltic still demands these standards of behaviour and remains a firm proponent of the highest possible standards in all matters in shipping."Mr Mc-Kinney Møller first visited the Baltic Exchange in 1936 as an apprentice to the British shipping firm ...

The Baltic Exchange Board of Directors has elected Quentin Soanes The Baltic Exchange Board of Directors has elected Quentin Soanes to serve as its Vice Chairman with immediate effect. He replaces Paul Over, who will continue to serve on the Baltic Exchange Board and as Chairman of Baltic Exchange Derivatives Trading, the subsidiary company which runs the Baltex Multilateral Trading Facility for dry freight derivatives.Quentin Soanes said: "I am honoured to have been appointed to this position and look forward to supporting the current Chairman Mark Jackson as ably as my predecessor."Paul Over said: "As is widely known my core raison d'être for participation at the Baltic has been in the development of the freight futures business. With the successful launch of Baltex, it is natural for me to wish to focus my energies in that direction. The expansion of the Baltic's activities through Baltex has greatly increased the time commitment of all those involved especially in respect to the responsibilities for FSA regulatory requirements that Baltex has secured and must hold and maintain."Quentin Soanes (56) is a founding shareholder and main board director of Braemar Seascope PLC where he is head of business development. He is also joint managing ...