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Baltic Exchange Succumbs to Succumbs to Singapore as Shipping Turmoil Deepens

By Jonathan Saul LONDON, Sept 27 (Reuters) – The crisis in global shipping and a tax exodus by big Greek vessel owners have helped finally seal the fate of London’s Baltic Exchange after at least three approaches to buy it over the last six years of its near-three centuries history. Some 95 percent of shareholders […] The post Baltic Exchange Succumbs to Succumbs to Singapore as Shipping Turmoil Deepens appeared first on gCaptain.
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Baltic Exchange Succumbs to Singapore as Shipping Turmoil Deepens

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The crisis in global shipping and a tax exodus by big Greek vessel owners have helped finally seal the fate of London's Baltic Exchange after at least three approaches to buy it over the last six years of its near-three centuries hi...

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