The Baltic Exchange represents a global community of shipping interests. These include shipowners, charterers and shipbrokers who are collectively responsible for handling a large proportion of the world’s dry cargo and tanker fixtures, freight derivative trades as well as the sale and purchase of merchant vessels. The Baltic Exchange is regulated by the UK’s Financial Conduct Authority (FCA) pursuant to the EU Benchmark Regulation. It is the trusted provider of data for the settlement of physical and derivative freight contracts, underpinning risk management tools for the shipping and transportation markets. Founded in 1744, the Baltic Exchange is headquartered in London with regional offices in Singapore, Shanghai, Athens, Stamford and Houston. In 2016 the Baltic Exchange was acquired by Singapore Exchange ("SGX"). Baltic Exchange services: · Daily benchmarks for dry, wet, container and gas freight markets · OPEX, S&P, ship recycling & forward assessments · Air cargo assessments · Escrow and dispute resolution support · Executive training via the Baltic Academy · Networking for shipping professionals