The Baltic Exchange

Abstract

The primary function of the Baltic is the provision of facilities for the fixing of cargoes for merchant vessels. Of all the City of London's worlds of invisible earners, none is perhaps more invisible than the intricate array of shipbrokers, chartering agents, marine arbitrators, surveyors, average adjusters and others; these provide for more of the services essential to the world's shipping than all other countries put together. Moreover, their contribution to the UK's balance of payments has grown faster than any other item in the City's invisible earnings.

Citation

Allen, B. (1980), "The Baltic Exchange", Education + Training, Vol. 22 No. 3, pp. 90-91. https://doi.org/10.1108/eb016695