Are there different categories of membership?
There are two main categories of membership – full membership and social membership. Members are required to adhere to the Baltic Code. All applications for membership are considered by the Baltic Exchange Membership Committee. Back to top • Can anyone become a member of the Baltic Exchange? Membership of the Exchange is open to anyone involved in shipping and its associated business provided they meet the entrance requirements. Social membership is open to individuals or companies wishing to enjoy discounted use of the Exchange’s dining and meeting facilities. Back to top • Can trade associations become members of the Exchange? Yes. There are currently 31 trade associations in membership. They include for example BIMCO, the Baltic Air Charter Association, Association of Average Adjusters and the Hong Kong Shipowners Association. Back to top • What is a Forward Freight Agreement? Forward Freight Agreements (FFAs) offer shipowners and operators, charterers and traders a means of protect
