Independent journal on economy and transport policy
01:26 GMT+2
Baltic abandons mutualisation plan
(Financial Times)
November 30, 1999
The Baltic Exchange, the world's largest shipping market, has abandoned plans to convert from a private limited company to a mutual institution.
The London exchange, which handles about half the world's tanker charters and a third of dry bulk cargo charters, said there was strong support for mutualisation, but the expectations of some shareholders meant the ...... Read more on Financial Times
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