The Baltic Exchange Ltd
Biography
The Baltic Exchange is the world’s only maritime marketplace. It maintains professional standards, resolves disputes and provides market information – including the Baltic indices. With over 500 member companies from all parts of the world, its international members handle a very large proportion of all dry cargo and tanker fixtures.
More than half the world’s new and secondhand tonnage is bought and sold by Baltic members in a market. Commissions from chartering and sale and purchase in 2002 (latest available figures) amounted to more than US$0.5 billion.
The Baltic Exchange publishes: Baltic Dry Index, Baltic Capesize Index (11 routes), Baltic Panamax Index (seven routes), Baltic Handymax Index (six routes), Baltic Dirty Tanker Index (11 routes), Baltic Clean Tanker Index (five routes), Baltic Ship Valuation Assessment (four vessel types), Baltic Liquified Petroleum Gas (one route), Baltic Forward Assessment (four routes), dry cargo fixture list and market reports.