Search ×
Home London
Baltic Exchange
The 1922 stained glass window from the Baltic Exchange at 30 St Mary Axe in the City of London was destroyed by an IRA terrorist bomb in 1992. The glass was restored and re-erected in the Maritime Museum in Greenwich. It commemorates members of the Exchange killed during World War I. The shields depict the coats of arms of colonies and dependencies of the British Empire. At the top, from left to right, are the Arms of Canada (1868), the Royal arms of King George V of the United Kingdom, and the Arms of Australia. At the bottom, from left to right, are the Arms of New Zealand, the Arms of Jamaica (Argent, on a cross gules five pineapples slipped or), the Arms of Ceylon (featuring an elephant, palm trees, and mountains), and the Arms of Mauritius.

Baltic Exchange

London, Great Britain

The Baltic Exchange in London stands as the central hub for ship broking across the globe. It serves as the primary marketplace where shipping professionals converge to negotiate and conduct business. Established with a rich history, the exchange has become essential for those involved in the maritime industry.

The Role of the Baltic Exchange

At the heart of the shipping world, the Baltic Exchange plays a crucial role by providing daily information on maritime freight rates. This data is vital for ship owners, brokers, and charterers. It ensures that all parties involved have access to transparent and reliable market information. This transparency helps in setting fair freight costs, thus facilitating smoother transactions.

Diverse Functions and Services

Beyond freight rates, the Baltic Exchange offers a range of services. These include indices that track shipping costs across different routes and vessel types, helping stakeholders make informed decisions. The exchange also provides a forum for dispute resolution, ensuring conflicts are managed effectively and efficiently.

A Historical Perspective

Founded in the 18th century, the Baltic Exchange has evolved alongside the shipping industry. Its long-standing presence and adaptation to modern demands highlight its importance. Even as digital advancements transform global trade, the exchange remains a vital part of maritime commerce.

Global Impact

With its influence extending far beyond London's boundaries, the Baltic Exchange connects international markets. It plays a pivotal role in facilitating global trade by ensuring smooth communication and transactions between different countries and shipping entities. The exchange's impact on the shipping industry is profound, affecting how goods move across the world.

Source - https://en.wikipedia.org/wiki/Baltic_Exchange_(building)
Developed by Reflex.com.ua
Cities
Contacts
  • info@reflex.com.ua
Social media