Baltic Exchange (building) Baltic Exchange (building) The Baltic Exchange was a building located at 24–28 St Mary Axe in London and occupied by Baltic Exchange Ltd, a provider of information on maritime transportation markets. A historic landmark, the Baltic Exchange building was architecturally known for its cathedral-like trading hall and its stained glass. It was destroyed in a bombing in 1992. The site is now occupied by "The Gherkin". The historic building was designed by Smith and Wimble and completed by George Trollope & Sons in 1903: it was subsequently listed as a Grade II* listed building. On 10 April 1992 at 9:20
St. Helen's (skyscraper) Axe, in the City of London, which it desired to develop as its new headquarters. The site comprised adjacent properties in St Mary Axe and the former Shell building in Great St Helens. At the same time the Peninsular and Oriental Steam Navigation Company was planning to redevelop its city offices in Leadenhall Street. Due to a number of issues affecting both sites, notably poor access to the Commercial Union site and the restricted width of the Peninsular and Oriental site, it was not possible to obtain planning consents that would optimise the amount of floor space desired by either