Overview
Lobbying Costs
50,000€
Financial year: Apr 2011 - Mar 2012
Lobbyists (Full time equivalent)
None declared
Lobbyists with EP accreditation
0
High-level Commission meetings
0
Lobbying Costs over the years
-
Info
The Baltic Exchange Ltd
EU Transparency Register
257962010025-13 First registered on 31 Oct 2012
Goals / Remit
The Baltic exchange is a membership organisation providing services to the global bulk shipping marketplace. We provide a series of daily benchmark rates reflecting the principal dry bulk and tanker shipping routes. These rates are used in the settlement of a range of physical and derivative contracts. We also provide daily forward curve information which is used in mark to market and CCP margining activity. We operate a code of conduct setting out ethical behaviour in the shipping market and have the ability to apply sanctionis. We also represent our members to governments worldwide and to supra-government organisations.
Main EU files targeted
Address
Head Office
St Mary Axe
London EC3A8BH
UNITED KINGDOM -
People
Total lobbyists declared
None declared
Lobbyists with EP accreditation
No lobbyists with EP accreditations
Complementary Information
None declared
Person in charge of EU relations
None declared
Person with legal responsibility
Mr Jeremy Penn (Chief Executive)
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Categories
Category
II - In-house lobbyists and trade/professional associations
Subcategory
Trade, business & professional associations
-
Networking
Affiliation
None declared
Member organisations
None declared
-
Financial Data
Closed financial year
Apr 2011 - Mar 2012
Lobbying costs for closed financial year
50,000€
Other financial info
The Baltic Exchange Ltd has revenues of £5.4 million GBP and in 2011-12 generated profits of 1.6 million GBP after tax. Very limited budgets are allocated to representational activity with some ad hoc consulting work and most being carried out by the Chief Executive. Some representation is achived via membership of Maritime UK
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EU Structures
Groups (European Commission)
None declared
Groups (European Parliament)
None declared
Communication activities
None declared
Other activities
None declared
Meetings
Meetings
None declared