Baltic Exchange welcomes Sigrid Teig as Deputy CEO

Baltic Exchange has announced the appointment of Sigrid Teig as Deputy Chief Executive Officer, set to join the company later this year. This strategic move aims to bolster the leadership team and propel the firm into new horizons of product and service innovation. Teig has over 15 years of experience in shipping, maritime services, and digital transformation, with expertise in the Singapore and Asia-Pacific markets.

Previously, she served as Managing Director Singapore and Executive Vice-President of Customer Success at Marcura, supporting more than 300 clients in dry bulk and tanker markets. Prior to Marcura, Teig held significant roles at Western Bulk, including Chief Process Officer and General Manager of its Singapore office. She also has a Master of Science in Economics and Business Administration from the Norwegian School of Economics.

Teig has served on the board of the Norwegian Business Association (Singapore) and held several non-executive directorships in the maritime industry. As Deputy CEO, she will collaborate closely with the Baltic Exchange's CEO Mark Jackson and the broader team, members, and panelists to improve member services, expand product offerings, and fortify Baltic Exchange's standing as the foremost source of maritime market information.

Teig expressed her excitement about joining Baltic Exchange during a transformative period, emphasizing its role as the "heart" of the maritime industry for over 280 years.

Mark Jackson, the CEO of Baltic Exchange, expressed delight in welcoming Teig, highlighting her exceptional expertise in commercial leadership, stakeholder management, and shipping markets. This move is part of a broader leadership transition announced in October 2025, with Mark Jackson retaining the CEO role but with a broader focus on strategic initiatives and product evolution, particularly in the realm of freight and transportation data.