place

Baltic Exchange

1744 establishments in Great BritainCommodity markets in the United KingdomEconomy of LondonEngvarB from June 2017Futures exchanges
Service companies of the United KingdomShip charteringShip management
Stained glass window from Baltic Exchange
Stained glass window from Baltic Exchange

The Baltic Exchange (incorporated as The Baltic Exchange Limited) is a membership organisation for the maritime industry, and freight market information provider for the trading and settlement of physical and derivative contracts. It was located at 24–28 St Mary Axe, London, until the building was destroyed by a bomb in 1992. The Baltic Exchange moved into a new building at 38 St Mary Axe on 15 May 1995. It is now located at 107 Leadenhall St and has further offices in Europe, across Asia, and in the United States.

Excerpt from the Wikipedia article Baltic Exchange (License: CC BY-SA 3.0, Authors, Images).

Baltic Exchange
Saint Mary Axe, City of London

Geographical coordinates (GPS) Address Nearby Places
placeShow on map

Wikipedia: Baltic ExchangeContinue reading on Wikipedia

Geographical coordinates (GPS)

Latitude Longitude
N 51.5151 ° E -0.0802 °
placeShow on map

Address

The Baltic Exchange

Saint Mary Axe 36
EC3A 8BY City of London
England, United Kingdom
mapOpen on Google Maps

Stained glass window from Baltic Exchange
Stained glass window from Baltic Exchange
Share experience

Nearby Places

London Millennium Tower

The London Millennium Tower was one of several ideas for the site of the former Baltic Exchange at 30 St Mary Axe, City of London that had been destroyed beyond repair by a Provisional IRA bomb blast.Designed by Foster & Partners, for then owner Trafalgar House, the plan was for the building to be the tallest in Europe and the sixth tallest in the world at that time, behind the twin Petronas Towers in Malaysia, the Sears Tower (now called the Willis Tower) in Chicago, and the twin towers of the World Trade Center in New York. Its height was planned at 386 metres (1,265 ft), with 92 floors, which means it would have been 39th in the world today, and would be overtaken in Europe by the Federation Tower. A public viewing platform was planned for 1000 ft above ground level. The scheme featured a highly unorthodox floor layout, essentially two asymmetrical ellipses joined at one end. When the plans were first unveiled in 1996, the Guardian newspaper coined the term "erotic gherkin", a name that was quickly taken up by other media and which stuck even after the plan was superseded, eventually becoming 30 St Mary Axe, the name of a different skyscraper that stands on the site today. English Heritage had been one of the largest backers of the project until they withdrew their support, due to Heathrow Airport objecting to the disruption that such a tall building would have on their flight paths. The project was eventually cancelled and the site sold to Swiss Re, which created its headquarters, also designed by Foster & Partners.

St Mary Axe
St Mary Axe

St Mary Axe was a medieval parish in the City of London whose name survives as that of the street which formerly occupied it. The Church of St Mary Axe was demolished in 1561 and its parish united with that of St Andrew Undershaft, which is situated on the corner of St Mary Axe and Leadenhall Street. The site of the former church is now occupied by Fitzwilliam House, a fact acknowledged by a blue plaque on the building's façade. Nearby parishes include the medieval Great St Helen's (1210) and St Ethelburga (14th century). The street name may derive from a combination of the church dedicated to the Virgin Mary and a neighbouring tavern which prominently displayed a sign with an image of an axe, or simply from the church name itself, which may have come from the axes used by the Worshipful Company of Skinners, who were patrons. The sign of an axe is reported to have been present over the east end of the church.The street St Mary Axe is now most notable for the Baltic Exchange at No. 38, and the "Gherkin" at No. 30, a distinctively shaped skyscraper built on the site of the former buildings of the Baltic Exchange and the UK Chamber of Shipping (destroyed by an IRA bomb in 1992). The street originates at its northern end as a turn off Houndsditch, with traffic flowing one-way southbound, and it originates at its southern end as a turn off Leadenhall Street, with traffic flowing one-way northbound. Both one-way portions of St Mary Axe converge at Bevis Marks, where traffic is forced westward into Camomile Street. Number 70 St Mary Axe appears in several novels by the British author Tom Holt as the address of a firm of sorcerers headed by J. W. Wells. This is itself a reference to Gilbert and Sullivan's The Sorcerer. In the song "My Name Is John Wellington Wells", the lyric renders his address as "Number Seventy, Simmery Axe"; this reflects the fact that some Londoners pronounce the street's name as "S'M'ry Axe" rather than enunciating it fully. The Tom Holt novels and The Sorcerer were written before the current office building at 70 St Mary Axe was constructed.

Church of St Mary Axe

St Mary Axe was a mediaeval church in the City of London. (The church that remains in the modern-day St Mary Axe is St Andrew Undershaft.) Its full name was St Mary, St Ursula and her 11,000 Virgins, and it was also sometimes referred to as St Mary Pellipar. Its common name (also St Mary [or Marie] at the Axe) derives from the sign of an axe over the east end of the church. The church's patrons were the Skinners' Company.According to John Stow in A Survey of London (1603), the name derived from "the signe of an Axe, over against the East end thereof". However, a document dated to the early reign of King Henry VIII describes a holy relic held in the church; "An axe, one of the two that the eleven thousand Virgins were beheaded with". This refers to the legend that Saint Ursula, when returning to Britain from a pilgrimage to Rome accompanied by eleven thousand handmaidens, had refused to marry a Hunnish chief and was executed along with her whole entourage on the site of modern Cologne, in about 451 AD.It was situated just north of Leadenhall Street on a site now occupied by Fitzwilliam House. First mentioned as St Mary apud Ax, it belonged for a time to the nearby Priory of St Helens. At the time of the Dissolution of the Monasteries it was still extant but in decline, and in 1562 it was offered to Spanish Protestant refugees as a place of worship. Three years later, however, it was unused and in a state of disrepair. Shortly afterwards it was pulled down and its parish was united with that of the neighbouring St Andrew Undershaft.The church gave its name to a street of the same name, which links Leadenhall Street with Camomile Street and Houndsditch. No. 30 was the location of the Baltic Exchange until it was destroyed by an IRA bomb in 1992; the Exchange is now located at No. 38 just to the north of its former address. On the site of the old Baltic Exchange now stands 30 St Mary Axe, a skyscraper known colloquially as the Gherkin because of its distinctive shape.The street of St Mary Axe was also the location of the sorcerer's shop in Gilbert and Sullivan's operetta The Sorcerer, which documents the former pronunciation "Simmery Axe". The church that remains in the modern-day St Mary Axe is St Andrew Undershaft.