Press Releases

Shipfix partners with the Baltic Exchange

Written by Olga Obraztsova | Feb 9, 2022 9:09:00 PM

LONDON, February 10, 2022

Shipfix Technologies S.A.S (“Shipfix”), a leading software and technology provider for maritime and commodities markets, today (10th Feb) announced a data partnership with the Baltic Exchange, which makes its freight pricing benchmarks available alongside Shipfix analytics.

Baltic Exchange pricing benchmarks are now accessible in conjunction with Shipfix’s market-leading analytics to provide a powerful combination for charterers, shipowners and freight analysts with the sharpest actionable insights available in the market.

“Combining the Baltic Exchange’s daily spot market assessments with Shipfix’s sophisticated platform and enriched data will add value to its clients who already subscribe to our data and increases our own reach.”

Mark Jackson, Baltic Exchange CEO

Shipfix’s forward view of tonnage supply up to 35 days ahead along with real-time tonne-mile demand data at the highest frequency and granularity available in the freight markets are rapidly transforming the chartering and positioning decisions made by Shipfix's clients including trading houses, shipowners and oil majors.

The integration of Baltic Exchange freight prices with Shipfix real-time supply and demand freight analytics will empower users to identify, optimise and time opportunities in the freight markets at much greater speed and accuracy.

We are pleased to integrate the Baltic Exchange indices into the Shipfix ecosystem for the benefit of our mutual clients and to expand into new markets together over time.”

Antoine Grisay, Shipfix Co-founder and Co-CEO

The partnership enables Shipfix subscribers who are also Baltic Exchange data subscribers to view the Baltic Data on Shipfix. This includes the ability to filter Dry Spot, Dry FFA, Tanker Spot, Tanker FFA indices across all sizes, view and filter all underlying Series, compare unlimited series and routes over graphs, display Daily, Weekly or Monthly averages, display Day on Day, Week on Week, MoM, YoY percentage changes and download graphs.

 

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About Shipfix:

Shipfix provides a data and community platform that drives chartering and operational efficiencies in the maritime and commodities markets. Shipfix provides unprecedented signals and analysis that can be applied to shipping, commodities and macro trading strategies. Our unique ability to aggregate and anonymise tonnage and cargo order intentions prior to the physical trade flows provides an early advantage in capturing market sentiment at the earliest point of the supply chain.

 

You trade. We empower your decisions.

 

Follow Shipfix on LinkedIn and Twitter for further updates and insights.

 

Contact Information:

enquiries@shipfix.com

+44 20 4525 1046

https://shipfix.com/

 

About the Baltic Exchange

Baltic Exchange is the world's leading independent source of maritime market information for the trading and settlement of physical and derivative contracts. Its international community of over 3,000 members encompasses the majority of world shipping interests and commits to a code of business conduct overseen by the Baltic. Baltic Exchange members are responsible for a large proportion of all dry cargo and tanker fixtures as well as the sale and purchase of merchant vessels. In November 2016, the Baltic Exchange was acquired by Singapore Exchange (“SGX”), bringing together complementary strengths of Singapore and London, two of the world’s most important maritime centres.

 

Contact Information:

Baltic Exchange:

Bill Lines T: +44 (0) 2033268460;

E: blines@navigatepr.com

 

--Release 10, 02, 2022--