Thursday, November 11, 2021

VORTEXA UNVEILS FREIGHT PRICING ANALYTICS FOLLOWING THE BALTIC EXCHANGE PARTNERSHIP

 

KUALA LUMPUR, Nov 9 (Bernama) -- Vortexa has announced the launch of its new Freight Pricing Analytics screen available within Vortexa Freight Analytics following the recent data partnership with The Baltic Exchange, the world's leading independent source of maritime market information.

Vortexa Chief Executive Officer, Fabio Kuhn said: “For the first time in the freight markets, one screen is able to combine pricing with a real-time view of fundamentals at this scale and depth, unlocking an immense competitive edge in speed and foresight to market participants.’’

The new screen provides access to The Baltic Exchange freight pricing benchmarks alongside Vortexa’s real-time supply and demand analytics such as forward vessel availability and fleet utilisation for a chosen route - all in one view.

According to a statement, Vortexa’s Freight Pricing will further accelerate the time-to-market of trading, chartering and optimisation opportunities.

Vortexa’s forward view of tonnage supply up to 35 days ahead and real-time utilisation data at the highest frequency and granularity available in the freight markets today, help market participants to make well-informed, high-stake chartering and positioning decisions quickly and confidently.

Vortexa provides market-leading real-time data and advanced analytics for energy and shipping markets.

-- BERNAMA

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