Baltic Exchange

The Baltic Exchange is a global marketplace that provides information and benchmarks for the shipping industry, specifically for moving commodities like oil, coal, and iron ore via cargo ships. It operates as a trading and data hub where ship owners, freight companies, and brokers assess shipping costs and rates. Its main role is to publish daily freight indices that reflect current market conditions, helping participants make informed decisions and manage financial risks associated with maritime transport. The Baltic Exchange's reputation is based on transparency and reliable data in the maritime freight market.