What is the Baltic Exchange?
The Baltic Exchange is the world’s only independent source of maritime market information for the trading and settlement of physical and derivative contracts. Its international community of over 550 members encompasses the majority of world shipping interests and commits to a code of business conduct overseen by the Baltic. Baltic Exchange members are engaged in arranging the ocean transportation of bulk cargoes such as oil, coal, grain and iron ore on behalf of shipowners and charterers; trading freight derivatives and buying and selling merchant vessels. Back to top • When was it established? The Exchange traces its origins back several centuries with the first use of the name at the Virginia and Baltick Coffee House in Threadneedle Street in 1744, reflecting the particular trading interests of the merchants and ships’ captains who frequented the premises and negotiated terms for the shipment of cargoes. Back to top • Who are its members? Members are drawn from across the internation
