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IMC Shipping joins as member of Baltic Exchange; first firm to apply since SGX acquisition

Jude Chan Published on Fri, Dec 09, 2016 / 5:54 PM GMT+8

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SINGAPORE (Dec 9): Singapore Exchange (SGX) has announced that IMC Shipping, part of the IMC Industrial Group, has joined as a member of the Baltic Exchange.

IMC Shipping was the first firm to apply for membership since SGX acquired the London shipping institution on Nov 8, SGX said in a press release on Friday.

IMC Shipping’s business includes dry bulk trade routes that supply iron ore and coal to Asia’s fast-growing economies.

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