The Baltic Coffee Shop in Shanghai was inaugurated by the Lord Mayor of the City of London, Lord Mountevans, a Baltic member, on 11 September during his official to China. The Coffee Shop is on the 20th Floor of the shining new shipping hub, at the Maritime & Finance Excellence Center (MFEC), situated in the heart of the Shanghai Expo Park.
Baltic chief executive Jeremy Penn also attended the ceremony and gave a speech.
Quite a number of leading shipping related companies have already pledged to take space in the MFEC in the coming months.
It is anticipated that the Baltic Coffee Shop will prove to be a place where the Shanghai shipping community can gather, discuss business and socialise, just as the London shipping community did at the original Baltick and Virginia Coffee House on Threadneedle Street, over 250 years ago.