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On 21 May 2008 the index reached its record high level since its introduction in 1998, reaching 11,793 points. Half a year later, on 5 December 2008, the index had dropped by 94%, to 663 points, the lowest since 1986.
Worldscale is a unified system of establishing payment of freight rate for a given oil tanker's cargo. Worldscale was established in November 1952 by London Tanker Brokers' Panel on the request of British Petroleum and Shell as an average total cost of shipping oil from one port to another by ship. A large table was created as result.
Baltic Exchange, a UK company that operates as a marketplace for shipbrokers, ship owners and charterers Baltic Dry Index, a daily shipping index published by the Baltic Exchange; Baltic Fleet, the Russian Navy's presence in the Baltic Sea; Baltic Shipyard in Saint Petersburg, one of the oldest shipyards in Russia
June 3 was the first calculation day for the TALSE index. In 1999 September 24, The alliance of Nordic Exchanges ( NOREX ) formally invited Tallinn Stock Exchange, alongside Riga Stock Exchange and the National Stock Exchange of Lithuania, to start negotiations for the potential merger with the union.
The Baltic Exchange serves as a type of stock market index for the trade. The term tramper is derived from the British meaning of " tramp ", as being an itinerant beggar or vagrant. In this context, it was first documented in the 1880s, along with "ocean tramp" (at the time many sailing vessels engaged in irregular trade as well).
The Medal of the Baltic Assembly. The Medal of the Baltic Assembly is an award given by the organization to individuals that have contributed to upholding the unity and cooperation of the Baltic States, outstanding contribution and cooperation in implementing joint cooperation projects, promoting regional cooperation in an enlarged Europe. [7]