Mercuria Takes Baltic Exchange to UK Court Over Hormuz Freight Benchmark

Name: Mercuria Takes Baltic Exchange to UK Court Over Hormuz Freight Benchmark
Uploaded: 2026-10-25T12:05:31.794575+00:00
Description: Mercuria is challenging the Baltic Exchange in the UK High Court over its decision to keep publishing the TD3C tanker-freight benchmark during the Strait of Hormuz conflict. The commodity trader has dropped its original damages claim and now seeks a declaration that the assessments were invalid.

Mercuria is challenging the Baltic Exchange in the UK High Court over its decision to keep publishing the TD3C tanker-freight benchmark during the Strait of Hormuz conflict. The commodity trader has dropped its original damages claim and now seeks a declaration that the assessments were invalid.

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