Baltic

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Baltic

1. a branch of the Indo-European family of languages consisting of Lithuanian, Latvian, and Old Prussian
2. a freight-chartering market in the City of London, which formerly also dealt in some commodities
References in periodicals archive ?
The truck bomb, the most powerful detonated on UK soil since World War Two, left a huge crater in the road, two inch shards of broken windows from high rise buildings o the ground, and totally destroyed the front of the Baltic Exchange.
The daily cost to send a product tanker from Saudi Arabia to Japan was $20,375 on Monday according to the Baltic Exchange, more than double that of a year earlier, data compiled by Bloomberg show.
GMI paid Glencore as the Panamax-sized vessel traveled from near the coast of Yosu, South Korea, to Australia to load grain, reverting to a daily rate linked to a Baltic Exchange index level once the 60 days expired.
Average earnings for VLCCs, which hold 2 mln barrels of oil, fell 9.6% in the past year to $23,678 a day, compared with as much as $148,000 in 2008, according to the Baltic Exchange. Suezmaxes, which carry half as much crude, are earning $35,686 a day, down from $170,000 in 2008, according to the London-based rate publisher.
During previous El Nino patterns, the main sea freight index at London's Baltic Exchange has risen significantly.
He was also found guilty of killing Lance Bombardier Paul Garrett in 1993, former Ulster Defence Regiment soldier Thomas Johnston in 1978 and for his part in the Baltic Exchange and South Quay bombings.
Average earnings for VLCCs on the benchmark Middle East Gulf to Japan route -- the major market barometer -- are currently around $790 a day, below operating cost levels of around $10,000 to $12,000 a day, Baltic Exchange data showed.
Very large crude carriers are losing $6,761 daily on the benchmark Saudi Arabia-to-Japan voyage, more than Thursday's $6,482, figures from the Baltic Exchange in London showed.
Charter rates for the vessels to haul cargoes across the Mediterranean Sea doubled when the conflict broke out before slumping because of reduced cargoes, according to data from the Baltic Exchange in London, which assesses freight rates on international maritime routes.
Built on the former site of the Baltic Exchange, the Gherkin stands almost 600 feet high, three times as tall as Niagara Falls, but without the tacky gift shops.
According to the Baltic Exchange, in the demolition market, the average dry bulk carrier traded above USD 520 per lightweight ton in the Indian subcontinent, the highest since September 2008.

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