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Wednesday, July 18, 2018

BALTIC EXCHANGE LAUNCHES E-TRADING PLATFORM

This week the Baltic Exchange moved firmly into the new millennium with the launch of their long awaited e-trading platform, balticexchange.com. In two separate press conferences held on the same day, both Peter Kitchen, the Baltic Exchange Chairman, and Jim Buckley, CEO, introduced the e-platform as ‘a bold, imaginative and an innovative investment’.

During the launch Project Development Manager, Mike Elsom, explained that although primarily focused on the dry sector, 2 wet indices exist for dirty and clean products respectively encompassing a total of 12 routes. Further development on the wet side is anticipated with a focus on increasing coverage for the far east routes and also increasing the routes for the clean sector.

The site is currently on line and can be accessed at www.balticexchange.com

Contact: jan.svenne@intertanko.com