Posts Tagged ‘The Baltic Exchange’

Baltic Exchange authorised as Benchmark Administrator in the EU

Baltic Exchange authorised as Benchmark Administrator in the EU
Mark Jackson Baltic Exchange authorised as Benchmark Administrator in the EU The Baltic Exchange’s subsidiary, Baltic Exchange Information Services Ltd (BEISL), has been authorised by the UK’s Financial Conduct Authority (FCA) as a benchmark administrator under EU Benchmark Regulation. This means...
March 16th, 2020 | Markets, News, Shipping Indices | Read More

January in review

January in review
  January in review Welcome to the Baltic Monthly Review, bringing you the latest news and comment on industry developments from the heart of the Baltic Exchange. We’ll be including updates on our services and exclusive invites to some of our 40 events across the globe each year. To find out...
January 31st, 2020 | Events, Conferences,Forums and Symposiums, Maritime Education and Training, Markets, Reports | Read More

2019 volatility lifts freight derivative volumes

2019 volatility lifts freight derivative volumes
Mark Jackson 2019 volatility lifts freight derivative volumes The freight derivatives markets for both tankers and dry cargo vessels saw increased traded volumes in 2019 according to data released by the Baltic Exchange. Tanker Forward Freight Agreement (FFA) volumes were up 38% on the previous year,...
January 6th, 2020 | Dry Bulkcarriers, Markets, News, Tankers | Read More

Volatile Capes’ slight “rebound” but all other dry indices falling; the Wets balancing…

Volatile Capes’ slight “rebound” but all other dry indices falling; the Wets balancing…
John Faraclas Volatile Capes’ slight “rebound” but all other dry indices falling; the Wets balancing… The BDI was up 11 points earlier on today and now stands at 1,365… Messy Geopolitics might as numerous times have stressed turn Planet Ocean upside down! John Faraclas’ brief daily recap: The...
November 13th, 2019 | Associations, Banking, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Food and Drink, Maritime Education and Training, Markets, Military, Reports, Shipfinance, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Launch: Baltic ICS Lecture Series 3

Launch: Baltic ICS Lecture Series 3
3rd annual Baltic ICS Lecture Series Attended by 600+ shipping professionals globally starts next week in  Shanghai, Singapore, Athens, London and now also Hong Kong Chartering, trading and operations staff are invited to join the 3rd annual lecture series supporting future generations of industry...
September 19th, 2019 | Maritime Education and Training | Read More

New appointments to Baltic Index Council

New appointments to Baltic Index Council
The Baltic Exchange New appointments to Baltic Index Council The Baltic Exchange is pleased to announce two new appointments to the Baltic Index Council (BIC), the governing body which provides effective scrutiny of the Baltic on all aspects of its benchmark determination process in accordance with the...
August 5th, 2019 | Company Profiles, Markets, Person Profiles | Read More

Denis Petropoulos appointed new Baltic Exchange Chairman

Denis Petropoulos appointed new Baltic Exchange Chairman
Dennis Petropoulos Denis Petropoulos appointed new Baltic Exchange Chairman Denis Petropoulos has been elected Chairman of the Baltic Exchange Council with effect from 1 June 2019. He replaces Duncan Dunn who has held the position since January 2018. Denis Petropoulos was a founding partner of Braemar...
May 17th, 2019 | Chartering, Company Profiles, Dry Bulkcarriers, News, People and Places, Person Profiles, Story of the Day, Tankers | Read More

New appointments to Baltic Exchange Council

New appointments to Baltic Exchange Council
The Baltic Exchange The Baltic Exchange is pleased to announce three new appointments to the Baltic Exchange Council (BEC), the governing body which oversees the Baltic’s strategy for membership services, social responsibility, charities and its relationship with its members, governments, regulatory...
January 9th, 2019 | Markets, News, Person Profiles, Stock Markets | Read More

Freight Derivative Trade Volumes up in 2018

Freight Derivative Trade Volumes up in 2018
The Baltic Exchange Figures compiled by the Baltic Exchange reveal that the overall volume of Forward Freight Agreement (FFA) trades increased in 2018. Freight derivative volumes in the tanker market rose by 20% in 2018 hitting 321,962 lots, volumes in the dry market rose 1.4% to 1,196,929 lots, its...
January 8th, 2019 | Chartering, Markets, Reports | Read More

Escrow services for Baltic members now live

Escrow services for Baltic members now live
The Baltic Exchange The Baltic Exchange’s Escrow Service for its members to hold deposits for ship sale transactions goes live today (15 October). The service is run out of Singapore and led by Chris Jones, the Baltic Exchange’s Head of Asia who is a former Sale & Purchase shipbroker...
October 15th, 2018 | Markets, Sales and Purchases | Read More

Baltic Exchange Panellist Brokers enter into charterparty management discussions

Baltic Exchange Panellist Brokers enter into charterparty management discussions
Mark Jackson The Baltic Exchange has entered into discussions with a group of Dry Panellist Brokers with the aim of jointly developing a charterparty and recap tool for the dry bulk market.  The goal is for the Baltic Exchange and Panellists to work together and produce an industry standardised recap...
April 26th, 2018 | Chartering, Dry Bulkcarriers, Markets | Read More

Baltic Exchange launches Escrow Service for vessel sales

Baltic Exchange launches Escrow Service for vessel sales
The Baltic Exchange will be launching an Escrow Service for its members to hold deposits for ship sale transactions. The move will allow Baltic Exchange members to take advantage of the Exchange’s trusted position in the marketplace when undertaking the sale or purchase of a vessel. Announcing...
April 25th, 2018 | News, Sales and Purchases | Read More

Baltic Exchange sets out modernised Code for freight market

Baltic Exchange sets out modernised Code for freight market
The Baltic Exchange The Baltic Exchange will be introducing a modernised code of conduct for shipowners, charterers and shipbrokers using the physical shipping and freight derivatives markets. Following a detailed review of the current arrangements led by law firm Norton Rose Fulbright with oversight...
April 24th, 2018 | Markets, News, Shipping Indices | Read More

Baltic Exchange applies changes to BDI

Baltic Exchange applies changes to BDI
The Baltic Exchange Building Following consultation with members, the Baltic Exchange will be implementing previously announced changes to the Baltic Dry Index (BDI).   From 1 March 2018 the BDI will be re-weighted to the following ratios of timecharter assessments: 40% Capesize, 30% Panamax and 30%...
February 1st, 2018 | Chartering, Dry Bulkcarriers, Markets, News, Shipping Indices, Statistics, Stock Markets | Read More

Pat Donnelly elected as FFABA Tanker Chairman

Pat Donnelly elected as FFABA Tanker Chairman
Pat Donelly Pat Donnelly, of Braemar ACM-GFI, has been elected as Chairman of the Tanker FFA Brokers Association. He replaces Ben Courtney of ICAP Energy who has chaired the group, which represents the worldwide community of tanker Forward Freight Agreement (FFA) brokers, since 2016.  Founded in 1997,...
December 14th, 2017 | Associations, Company Profiles, Person Profiles | Read More

Baltic Exchange appoints new Chief Commercial Officer

Baltic Exchange appoints new Chief Commercial Officer
Janet Sykes The Baltic Exchange has appointed a new Chief Commercial Officer to support its ambitious growth plans. Janet Sykes, former head of communications at shipping services provider Clarksons Platou, will join the Baltic Exchange on 3 July. Welcoming her appointment, Baltic Exchange Chief Executive...
May 18th, 2017 | Company Profiles, HR, Markets, Person Profiles | Read More

Baltic Exchange outlines bold plans to enhance maritime leadership role

Baltic Exchange outlines bold plans to enhance maritime leadership role
Mark Jackson – Development of post-trade digital maritime market infrastructure – Move into LNG and container indices – Enhancement of regulatory role – Change of data distribution policies Newly appointed Baltic Exchange Chief Executive Mark Jackson has set out the Exchange’s...
April 26th, 2017 | Conferences, Seminars, Forums, Events, Markets, Shipping Indices | Read More

Changes to Baltic Exchange dry bulk indices

Changes to Baltic Exchange dry bulk indices
The Baltic Exchange The Baltic Exchange will be implementing previously announced changes to its Supramax Index; launching dual reporting of a new Panamax Index on a trial basis and is in the final consultation process of a new Handysize Vessel dual reporting period for the Handysize Index. These actions...
March 28th, 2017 | Markets, News, Shipping Indices | Read More

LISCR’s Christmas drinks and dips at the Baltic

LISCR’s Christmas drinks and dips at the Baltic
l to r: Kostas Ladas, Scott Bergeron and Hilary Spilkin The second Christmas event of the day was organized by LISCR’s London office. LISCR administers the Liberian Registry which was established in 1948 and today ranks as the second largest in the world. The drinks and appetizers event took place...
December 8th, 2016 | Events, Conferences,Forums and Symposiums, Flags | Read More

Markets fallout, Geopolitics too

Markets fallout, Geopolitics too
John Faraclas The BDI  (Baltic Dry Index) fell earlier on today 19 points at 838 given the Capers, on …reflection fall of 91 points… the geopolitics too are about to bring the world down; John Faraclas daily briefing: The Capers come down yet again following yesterday’s plus of 117 points...
November 1st, 2016 | Dry Bulkcarriers, Markets, Military, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Mark Jackson named CEO of The Baltic Exchange

Mark Jackson named CEO of The Baltic Exchange
Mark Jackson 26 September 2016 Mark Jackson named CEO of The Baltic Exchange The Baltic Exchange Limited (“Baltic Exchange”) today announces that Mark Jackson, currently Chief Commercial Officer of AM Nomikos Group and a former Chairman and Director of The Baltic Exchange, will become its next Chief...
September 26th, 2016 | Associations, Chartering, Company Profiles, Fixtures, HR, Markets, News, People and Places, Person Profiles, Shipping Indices, Stock Markets | Read More

SGX and Baltic Exchange: update on Proposed Acquisition

SGX and Baltic Exchange: update on Proposed Acquisition
The Baltic Exchange Singapore Exchange Limited (SGX) and The Baltic Exchange Limited (Baltic Exchange) are pleased to announce that they have agreed on the terms for a recommended offer by SGX for the entire issued share capital of the Baltic Exchange (Proposed Acquisition). Today’s announcement follows...
August 22nd, 2016 | Company Profiles, Markets, News, Statistics, Stock Markets | Read More

Baltic Exchange panellist agreement

Baltic Exchange panellist agreement
Guy Campbell In the context of the Baltic Exchange’s potential acquisition by Singapore Exchange (SGX) an agreement, which documents and reinforces existing processes established by the Baltic Exchange and its 48 shipbroking panellists, has today (25 July) been sent to each firm for signature. The...
July 25th, 2016 | Markets, News, Shipping Indices, Stock Markets | Read More

Baltic Exchange and SGX extend period of exclusive discussions

Baltic Exchange and SGX extend period of exclusive discussions
The Baltic Exchange The Baltic Exchange and Singapore Exchange (SGX) have agreed to extend the period of exclusive discussions regarding an offer for the Baltic Exchange from 30 June 2016 to 31 August 2016. The exclusivity agreement was signed on 25 May 2016 to allow the Baltic Exchange to consult with...
June 28th, 2016 | Associations, Markets, Mergers and Acquisitions, Shipping Indices, Stock Markets | Read More

Baltic Exchange and Singapore Exchange enter into exclusive discussions

Baltic Exchange and Singapore Exchange enter into exclusive discussions
The Baltic Exchange The Baltic Exchange Limited (“Baltic”) announces that it has entered into exclusive discussions with Singapore Exchange Limited (“SGX”) regarding an offer for the Baltic. The signing of this exclusivity agreement follows discussion with a number of interested parties. The...
May 25th, 2016 | Associations, Mergers and Acquisitions, News, Shipping Indices, Stock Markets | Read More