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Vortexa Partners with Baltic Exchange to Enable the Market to Take Advantage of Freight Opportunities in a Rapidly Evolving Playing Field

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LONDON – Vortexa today announced a data partnership with The Baltic Exchange , which makes your freight price benchmarks available alongside Vortexa analytics.

Vortexa’s forward-thinking vision of supplying tonnage up to 35 days in advance along with real-time ton-mile demand data with the highest frequency and granularity available in the freight markets is rapidly transforming chartering decisions and positioning among existing Vortexa customers, including trading companies, shipowners and oil. Big leagues.

The integration of freight pricing from The Baltic Exchange with Vortexa’s real-time supply and demand freight analysis will allow users to identify, optimize and time opportunities in the freight markets with much greater speed and accuracy.

Fabio Kuhn, CEO of Vortexa said: “This is the first time that price analysis and predictive and real-time load analysis have come so close. This unparalleled view will unlock an immense competitive advantage for market participants in a rapidly evolving playing field. ”

Mark Jackson, CEO of Baltic Exchange, said: “Vortexa’s analytics are highly respected and we are delighted to be collaborating. This association adds value to Vortexa users and increases the presence of The Baltic Exchange as the world’s leading source of independent data on the maritime market ”.

About Vortexa

Vortexa provides market leading real-time data and advanced analytics for the energy and transportation markets. With the most accurate and complete picture of flows and cargo dynamics, Vortexa covers crude oil, refined products, LPG and LNG, in all classes of ships. We help shipping merchants, analysts and professionals gain a competitive advantage in complex and opaque markets by making better business decisions with confidence. Vortexa is a multidisciplinary force of more than 100 employees combining the best of energy and transportation expertise, data science and engineering at three main centers in London, Singapore and Houston.

About The Baltic Exchange

Baltic Exchange is the world’s leading independent source of maritime market information for trading and settlement of physical contracts and derivatives. Its international community of more than 640 members encompasses most of the world’s maritime interests and is committed to a code of business conduct overseen by the Baltic. Members of the Baltic Exchange are responsible for a large proportion of all tanker dry cargo and accessories, as well as the buying and selling of merchant ships. In November 2016, the Baltic Exchange was acquired by the Singapore Exchange (“SGX”), bringing together the complementary strengths of Singapore and London, two of the most important maritime hubs in the world.

View the source version on businesswire.com: https://www.businesswire.com/news/home/20211014005426/en/

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Contacts:

Media:

Vortexa: Emma Boyle, Senior Communications Executive
T: +44 (0) 7814767321; E: [email protected]

The Baltic Exchange: Bill Lines
T: +44 (0) 2033268460; E: [email protected]tepr.com

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