The Baltic Exchange’s head of Asia Pacific Chris Jones and Asia Pacific head of sales Marcus Lee have quit the Singapore Exchange-controlled shipping organisation.

TradeWinds understands that Lee submitted his resignation at the end of January while Jones will leave the Baltic on Friday.

Jones, when contacted by TradeWinds, confirmed that he had resigned. However, he declined to elaborate on the reasons behind his and Lee’s decisions to leave beyond saying they were made in order to pursue other personal interests.