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The Baltic Exchange

Showcasing what is

special about London

By Jeremy Penn, Chairman of the LISW15 Steering Group
and Chief Executive of The Baltic Exchange

T
he Baltic Exchange is a global organisation many class societies maintaining a presence in

serving the international bulk shipping London; for international organisations such
marketplace. We are based in London as the International Chamber of Shipping,

because it is the heart of the international Intercargo and INTERTANKO and of course the
marketplace for maritime business services. IMO; for technical management and crewing;

LISW15 is an opportunity for the UK to showcase for education, with the Institute of Chartered
those services and for Baltic members to comeShipbrokers playing an important global role

to London to do business, meet colleagues from and many universities, including Cass Business
around the world and to inform themselves onSchool and Henley Business School enjoying a

an important range of current issues, covered in global franchise; and inally in what is doubtless
the outstanding central conference planned for only a partial list, the Baltic Exchange itself.

Thursday 10 September, as well as in the many LISW15 will showcase the unique offer available

other events taking place throughout the week.within the UK and will do so with unprecedented
Wherever they choose to base their support from the British Government. The week

businesses, shipping people look to Londonextends far beyond London, with important
for shipbroking services, including chartering participation from the Royal Navy, the UK's ports

and sale and purchase; for insuranceand from shipping centres such as Glasgow and
services whether hull or P&I; for inance and Liverpool. It is a national event, more than worthy

accountancy, whether involving traditional bank of the support of the national government, which
lending or modern creative approaches; for legal shows by its high level of engagement that it

services, with English Law, London arbitration recognises the role of international shipping as
and the High Court of England being at the the core platform for world trade, and is fully

heart of global shipping; for ship classiication in supportive of the central role played by the UK in

the form of Lloyds Register or one of the otherthis vital world market. l

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