Tradition Still Rules at Shipping Exchange
Commerce: At the Baltic, it's still a business of relationships--matching
cargoes and empty vessels.
By Bruce Stanley, Associated Press
LONDON--It's just before lunch on a Monday and the murmurs
and handshakes of men in pinstripes mark another subdued climax
to trading at the Baltic Exchange.
The Baltic is the shipping industry's largest exchange for the
matching of empty vessels with cargoes of iron ore, wheat and
other bulk goods.
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