The almost three centuries old Baltic Exchange is a private and closed platform, where around 60 shipping brokers based mainly in London are contributing voluntarily their cargo prices. On the base of those contributions the Exchange publishes benchmark freight price indexes for a round number of 70 sea routes and vessel categories. The indexes are […]
“Private” sea freight indexes hide Libor like skeletons?
Filed Under: Business, Policy, Shipping, Transport Tagged With: Baltic Exchange, Barclays Plc, benchmark freight price indexes, Citigroup Inc, Deutsche Bank AG, Euribor, freight price indexes, Libor, Michel Barnier, Royal Bank of Scotland Group Plc, shipping brokers, UBS AG