'We hope to further expand our dry market reports for the Asia region'

What are the imperatives that made the Exchange introduce it?

The Baltic Exchange is always looking to enhancing its freight market services, adding new routes, tweaking vessel descriptions and ensuring that the world's most important dry bulk and tanker trades are accurately represented.

The move has been driven by Baltic Exchange member firms across Asia. The shipping markets continue to move eastwards and it is vital that our services are relevant and easily accessible to shipowners, charterers and financial institutions across the region.

What are the advantages of the Asia specific market reports to regional and Indian owners, importers?

The move means that Indian owners and charterers will be able to get a clear view of the market much earlier in the working day.

Is the exchange thinking of introducing a similar report for Indo-African route?

Not at the moment, but we do hope to further expand our dry market reports for the Asia region.

How do you describe the growth of Asia-bound trade in the recent times?
The region continues to perform strongly and we expect this trend to continue.