March 2016

Back to Baltic Dry Index

23-March-2016

Baltic Exchange might be taken over for $2.55 billion by Chinese interests. 270-year-old The Baltic Exchange story arrives courtesy of The Southeast Asian bourse operator Singapore Exchange Ltd (SGX). the SGX is leading in Iron Ore and LNG. Singapore soon will be an Asian maritime center and The Baltic Exchange is clearly now on the sales block. SGX is unlikely to be the only bidder. The Baltic Exchange is not a huge business in financial terms, probably worth less than $150 million, but it has a big strategic importance to shipping and maritime. The Baltic Exchange soon will lose its independence.

We kindly suggest that you visit the web page of Pacific Basin Shipping Limited to learn more about Baltic Exchange Indices and Baltic Dry Index Historical Data  www.pacificbasin.com

We kindly suggest that you visit the web page of Baltic Exchange to learn more about Baltic Exchange Freight Index www.balticexchange.com

We kindly suggest that you visit the web page of Investing to learn more about Baltic Exchange Indices and Baltic Dry Index Historical Data (BADI) www.investing.com

We kindly suggest that you visit the web page of Seeking Alpha to learn more about Baltic Exchange Indices and Baltic Dry Index Historical Data (BADI) www.seekingalpha.com