The China Shipowners’ Association has applied for membership to the Baltic Exchange for the first time.
The move comes as the country’s owners and operators engage further with the London-focused shipping indices provider and the Baltic seeks to maintain its influence.
“It reflects the more outward-looking approach of China in the context of shipping and it reflects the good standing of the Baltic in China,” said Baltic Exchange chief executive Jeremy Penn.
“It reflects the more outward-looking approach of China in the context of shipping and it reflects the good standing of the Baltic in China,” said Baltic Exchange chief executive Jeremy Penn.
