Baltic Exchange rolls out platform for real-time freight intelligence

The Baltic Exchange has together with digital platform developer Zuma Labs launched a new product that delivers real-time Baltic Exchange indices and FFA (freight forward agreement) prices to shipping professionals.

The new platform called Baltic Exchange View has been designed specifically to meet the needs of brokers, charterers, and shipowners for instant access to critical indices and prices, offering transparency and clarity, that should help navigate the day’s market volatility, the Baltic Exchange said.

The platform displays market information on large, easy-to-read screens and is optimised for busy commercial environments, keeping “every desk connected to market shifts”.

The launch follows the recently introduced know-your-customer (KYC) platform to give the maritime sector greater access to company data to support informed decision-making and meet increased regulatory obligations.

“This product is a natural extension of our commitment to delivering transparent and reliable data to the maritime community. With Baltic Exchange View, we’re providing an essential resource to help maritime professionals make informed, data-driven decisions,” said Mark Jackson, CEO of Baltic Exchange.

“Access to timely, reliable data has always been a challenge in shipping. With the trusted, high-quality data from Baltic Exchange, we’re ensuring that all participants have actionable intelligence to stay competitive,” added Chase Bennett, CEO of Zuma Labs.