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New chief Mark Jackson unveils ‘bold plans’ for The Baltic Exchange

Jude Chan Published on Wed, Apr 26, 2017 / 4:41 PM GMT+8

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SINGPAPORE (April 26): Newly appointed Baltic Exchange Chief Executive Mark Jackson has unveiled what he called “bold plans” to ensure that it “remains at the heart of the bulk shipping industry for the long-term”.

In 2017, Jackson says Baltic Exchange will development a post-trade digital maritime market infrastructure; move into LNG and container indices; enhance its regulatory role; and change its data distribution policies.

Speaking in Singapore during the concurrent MPA Singapore Maritime and Singapore Iron Ore Weeks, Jackson says the Baltic Exchange has been “invigorated” following its acquisition by the Singapore Exchange (SGX) in Nov 2016.

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New chief Mark Jackson unveils ‘bold plans’ for The Baltic Exchange