On 12 April the Baltic Exchange hosted its annual lunch with the Royal National Lifeboat Institution (RNLI) Salcombe. 

RNLI Salcombe ‘ The Baltic Exchange III‘

The Royal National Lifeboat Institution is the largest charity that saves lives at sea around the coasts of the UK, the Republic of Ireland, the Channel Islands and the Isle of Man as well as on some inland waterways.

The Baltic Exchange has been providing support to lifeboats at Salcombe, a popular resort town in the South Hampshire district of Devon, South-West England. for over 150 years. Most recently, the 25 knot Tamar Class All Weather Lifeboat ‘The Baltic Exchange III’, which Baltic members raised over half a million pounds towards and has saved countless lives since its launch.

Baltic Exchange Chairman, Duncan Dunn, gave a short speech in which he praised RNLI Salcombe’s work at sea, stating: 

‘As shipbrokers, freight traders and chartering managers sat in safe offices, the perils of the sea can seem remote. It is all too easy to forget that behind every fixture lies a potentially dangerous journey across the oceans and seas. The brave men and women of the RNLI help to keep seafarers safe off British shores’.