The sale of the Baltic Exchange’s iconic sea nymph statue has been pulled after news of its auction drew ire from the organisation’s members.

The bronze fountain had been listed in a Bonhams auction series titled The Connoisseur’s Library Sale in London, slated for 15 and 16 February.

The Baltic Exchange told TradeWinds: “The auction of the Baltic fountain to raise funds towards a new Baltic Exchange lifeboat has been postponed as we carefully review the decision.