Vortexa Unveils World's First Port-to-port Freight Pricing Platform For Energy Trading

KUALA LUMPUR, Feb 21 (Bernama) -- Vortexa, a global energy and freight market analytics provider, has launched Anywhere Freight Pricing, the first-ever 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 a new benchmark for speed and scale in the global freight markets.

“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.

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“With Anywhere Freight Pricing, Vortexa has made this a reality, forever transforming how energy freight is priced and traded,” said Vortexa Founder and Chief Executive Officer, Fabio Kuhn in a statement.

Historically, the energy freight market has struggled with inefficient pricing and a lack of transparency. Anywhere Freight Pricing addresses these issues by empowering traders, charterers and shipowners with unparalleled access and transparency, redefining how freight trading decisions are made.

The platform provides instant access, enabling any vessel class, origin and destination ports to get the latest freight rate for the specified route with daily updates and global coverage.

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It also allows users to compare multiple routes, assessing port and canal fees, and analyse five years of historical pricing data for better trend and seasonality insights.

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.

-- BERNAMA