Press Archive
The latest news from the Baltic Exchange
| 19/12/2007 New FFA Broker Association chairmen Ian Staples of Freight Investor Services and Ben Goggin of Simpson Spence & Young Futures have been elected chairmen of the Baltic Exchange’s FFA Brokers’ Association (FFABA) dry and wet sections respectively for 2007. More >> |
| 11/12/2007 Baltic Exchange provides dollar assessments for tankers The Baltic Exchange has announced plans to publish a daily time-charter rate for a variety of tanker types on a trial basis from January 2008. More >> |
| 06/12/2007 Baltic Exchange launches new India/China iron ore route The Baltic Exchange has launched a new supramax route covering the ocean transportation of iron ore from east coast India to China. Published Monday – Friday at 1300 (London) and based on dollar assessments made by a panel of international shipbroking companies, the route has been under trial since July 2007. More >> |
| 06/07/2007 Dry FFA volumes leap in Q2 2007 The latest figures from the FFA Brokers Association (FFABA), compiled by the Baltic Exchange, show a 32 per cent jump in dry Forward Freight Agreement (FFA) volumes from the first to second quarter of 2007. More >> |
| 29/06/2007 Baltic Exchange Singapore office launches Asian timezone reporting The Baltic Exchange commences the reporting and publishing of two existing tanker routes at new times via its recently opened Singapore office to meet the needs of the Asian markets on Monday 2 July 2007. More >> |
| 18/06/2007 Baltic Exchange announces increased dividend A final dividend of £2.85 per share has been declared by the Baltic Exchange Board, bringing the total to £3.25 for the year ending 31 March 2007. More >> |
| 23/05/2007 Baltic Exchange reports dry FFA volume rise The latest figures from the FFA Brokers Association (FFABA), compiled by the Baltic Exchange, show that 326,650 lots were traded in the dry freight derivatives market in Q1 2007, a rise of 4 per cent on the previous quarter (Q4 2006: 313,945). More >> |
| 27/04/2007 Dry cargo freight rates hit all time high The cost of transporting dry commodities such as coal, grain and iron ore by sea hit an all time high today (Friday 27 April) with the Baltic Exchange Dry Index reaching 6230 points. More >> |
| 19/04/2007 Baltic EGM results Baltic Exchange shareholders carried 26 of 29 resolutions at an Extraordinary General Meeting held today (19 April). The resolutions approved cover amendments to the Baltic Exchange’s constitution enhancing the way in which the organisation is run, including a share split and a reinforcement of shareholding requirements for members. More >> |
| 28/03/2007 Baltic Exchange calls EGM The Baltic Exchange has called an Extraordinary General Meeting of shareholders on 19 April to consider proposals to enhance the way in which the organisation is run. More >> |
| 19/03/2007 Galbraiths' Michael Drayton elected Baltic Exchange chairman The Board of Directors of the Baltic Exchange has elected Michael Drayton of shipbroking firm Galbraiths to serve as its Chairman, and Mark Jackson of A M Nomikos to serve as Vice-Chairman. More >> |
| 16/03/2007 Baltic Exchange values FFA market at USD 56bn in 2006 The latest figures from the FFA Brokers Association compiled by the Baltic Exchange show that the market for freight derivatives was worth an estimated USD 56 bn in 2006. More >> |
| 14/03/2007 New chairman for Baltic Freight Market Information Users' Group Keith Denholm, a director of Singapore based dry bulk shipowner Pacific Carriers, has been appointed the new chairman of the Baltic Exchange’s Freight Market Information Users’ Group dry section. More >> |
| 09/03/2007 Tanker derivatives market worth USD5.5bn in 2006 Figures from the FFA Brokers Association (FFABA) compiled by the Baltic Exchange reveal that in 2006 (1 Jan – 31 Dec) 12,758 tanker Forward Freight Agreements (FFAs) were transacted. More >> |
| 24/01/2007 Baltic Exchange pays interim dividend An interim dividend of £4 per share is being paid today to Baltic Exchange shareholders. This compares with last year’s interim dividend of £3.50. More >> |
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