▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

Vortexa Unveils ‘Anywhere Freight Pricing’: The First Port-to-Port Freight Pricing Platform for Energy

#anywherefreightpricing--Vortexa, a leading provider of global energy and freight market analytics, has launched Anywhere Freight Pricing—the world’s first port-to-port freight pricing platform fo...

Business Wire

 

LONDON: #anywherefreightpricing--Vortexa, a leading provider of global energy and freight market analytics, has launched Anywhere Freight Pricing—the world’s first port-to-port freight pricing platform for energy trading. This groundbreaking solution provides instant, unlimited pricing for over 50,000 active and 70 million possible Clean Petroleum Product (CPP) freight routes, setting an entirely new standard for speed and scale in the global freight markets.

The energy freight market has long struggled with highly inefficient pricing mechanisms and significant information asymmetries. Anywhere Freight Pricing empowers traders, charterers and shipowners with unparalleled access and transparency, redefining how freight trading decisions are made:

  • Instant access: Any vessel class, origin and destination ports to get the latest freight rate for the specified route. Prices update daily, at 4:30PM UK time.
  • Global coverage: 50,000+ active and 70+ million possible clean routes.
  • Unlimited route comparison: Optimise pricing options by evaluating multiple routes, including breakdowns for port and canal fees.
  • Historical data: 5 years of pricing data for all routes for seasonality and trend analysis, with optional vessel and cargo count overlay.

“Since the beginning of global energy markets, traders have strived for instant, unlimited access to sharp freight prices to evaluate their trading ideas before going firm on the market. With Anywhere Freight Pricing, Vortexa has made this a reality — forever transforming how energy freight is priced and traded”, said Fabio Kuhn, Founder and CEO of Vortexa.

Powered by Vortexa’s proprietary deep tech and market intelligence, this launch is set to transform trading in a market where freight is increasingly the key driver of profitability. The initial release focuses on clean products, with freight pricing for Dirty Petroleum Products (DPP) to follow in the coming months.

About Vortexa

Vortexa provides market-leading real-time data and analytics for energy and freight markets. Combining human intelligence with AI-driven insights, Vortexa helps its clients navigate the complex energy landscape with greater clarity and confidence. With a vision to build the future of energy markets, Vortexa empowers energy traders, analysts, and freight professionals to gain a competitive edge into complex and opaque markets by making trading decisions with confidence. Vortexa is a multidisciplinary force of over 170 employees combining the best of energy and freight expertise, data science and engineering in London, Geneva, Singapore, Houston, NYC and the UAE.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

Red Hat Optimizes Red Hat AI to Speed Enterprise AI Deployments Across…

Red Hat, the world's leading provider of open source solutions, today continues to deliver customer choice in enterprise AI with the introduction of Red…

IMVARIA Reports Multi-Site Clinical Experience With FDA-Authorized AI…

#ATS--IMVARIA Inc., a health tech company pioneering AI-driven digital biomarker solutions, today reported results from multi-site clinical experiences…

Grant Thornton launches new tool, pairing skilled professionals with powerful…

Grant Thornton, one of America’s largest providers of end-to-end audit, assurance, tax and advisory services, announced today the launch of a new, proprietary…

Clover Expands Commitment to the Restaurant Industry with the Launch of…

Clover, the world's smartest point-of-sale solution, under parent company, Fiserv, today announced the launch of Clover Hospitality by BentoBox at the…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!