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 responsible for a large proportion of all dry cargo and tanker fixtures as well as the sale and purchase of merchant vessels.
Baltic Exchange services
- Independent, high quality dry, wet and gas freight market information
- Self-regulated chartering, sale and purchase and freight derivatives markets
- Central forum for competing freight market interests
- Framework ensuring high standards of business practice and co-operation
- London-based business facilities for members
- A collective voice for members worldwide
Shipping market information
The Baltic Exchange provides the shipping market with the following information:
- Seven daily indices covering capesize, panamax, supramax and handysize dry bulk carriers and tankers carrying clean and dirty products
- Over 50 separate route assessments
- Mark-to-market information
- Four dry cargo reports
- Second-hand ship values
- Ship demolition values
- Daily dry cargo fixture list
Self-regulated market
The Baltic exercises a light-handed supervision of the shipping market through a self-regulatory process and expects its members to conduct their business within a set of defined guidelines and work practices encapsulated in its 260 year old motto "Our Word Our Bond."