Baltic Exchange
The Baltic Exchange (incorporated as The Baltic Exchange Limited) is a membership organisation for the maritime industry, and freight market information provider for the trading and settlement of physical and derivative contracts. Situated since Edwardian times at 24–28 St Mary Axe, London EC3, the building was destroyed by a bomb in 1992. The Baltic Exchange then relocated to 38 St Mary Axe on 15 May 1995, before establishing its headquarters at 77 Leadenhall Street in the City of London as well as further offices in Europe, across Asia, and in the United States. Overview Its international community of 650 member companies encompasses the majority of world shipping interests and commits to a code of business conduct overseen by the Baltic Exchange: its members are responsible for a large proportion of all dry cargo and tanker fixtures as well as the sale and purchase of merchant vessels. The Baltic Exchange traces its roots back to 1744 at the Virginia and Baltick Coffee House on Threadneedle Street, near the Royal Exchange. With the rapid expansion of Britain's network of global trade, London's mercantile coffee houses operated as a maritime commercial node for communication and business. As British influence in trade to Virginia