Independent journal on economy and transport policy
19:04 GMT+2
Tradition Still Rules at Shipping Exchange
(Los Angeles Times)
May 14, 2000
Commerce: At the Baltic, it's still a business of relationships--matching cargoes and empty vessels.
By Bruce Stanley, Associated Press LONDON--It's just before lunch on a Monday and the murmurs and handshakes of men in pinstripes mark another subdued climax to trading at the Baltic Exchange. The Baltic is the shipping industry's largest exchange for the matching of empty vessels with cargoes of iron ore, wheat and other bulk goods. ...... Read more on Los Angeles Times
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