Baltic Exchange


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Baltic Exchange

A company that tracks information on goods being shipped internationally and the derivatives based upon them. That is, it tracks commodities, futures contracts, and options, provided they represent internationally shipped items. It also publishes a code of conduct for members, which include most of the world's shipping interests. The Baltic Exchange is based in London and was established in 1744.
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The Baltic Exchange provides daily freight market prices, maritime shipping cost indices, and a market for FFAs.
A rate of 37.23 points works out at $27,791 a day, according to the Baltic Exchange.
Shippers were among the best performers, boosted after the Baltic Exchange's chief sea freight index soared 418 points or 3.93 per cent.
Many buildings, including the Baltic Exchange, are destroyed by the IRA blast.
The dozen come together for the Flesh Of The Bear which is being promoted by the Baltic Exchange scheme.
Terrorists used a truck to deliver the April 10, 1992, bomb that exploded in front of the Baltic Exchange. Just over a year later and only 200 yards away, a similar truck bomb exploded in front of Bishopsgate on April 24, 1993.
It is a long time indeed since England's trade with the Baltic made it worthwhile to set up the Baltic Exchange. The author, a member of an ancient noble family that served Grand Dukes and Tsars, has made an impressive effort to re-introduce the Baltic people, their history and present problems.
The Baltic Exchange's main sea freight index fell for a seventh straight session, as demand for shipping iron-ore fell in the Atlantic.
Dubai has recently been named as one of the top five in the International Shipping Centre Development Index (ISCD), to become the first Arab city to achieve this top international recognition in the maritime sector, according to a recent report by Baltic Exchange, and Xinhua News Agency, a subsidiary of the China Economic Information Service (CEIS) based in London.
As of August 13, 2018, the weighted time charter average of the Baltic Exchange Cape Index was $26,059 per day.
Citing its innovative free-trade zone and improvement in the domestic trade environment, Dubai is one of the top five world-class maritime cities listed in the International Shipping Centre Development Index (ISCD) compiled by the Baltic Exchange and Xinhua alongside Singapore, Hong Kong, London, and Shanghai.

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