Guests of honour were Singapore’s Minister of Transport, Lui Tuck Yew, and British High Commissioner to the city state, Antony Phillipson.

More than 100 others, made up of brokers and shipowners, were treated to drinks and dinner at the hotel’s famous East India Rooms.

“Holding a board meeting in Asia reflects the importance of the region to the Baltic Exchange,” Baltic chairman Quentin Soanes told TradeWinds.

“We