Unmatched market intelligence is here for the freight market; early access is now available!

Geneva, Switzerland – September 25^th, 2024 – We’re delighted to announce that we are now providing early access to our latest vertical – Sparta for Freight.

Sparta for Freight provides live global arb-driven CPP freight market forecasts from real-time supply and demand data.

Sparta’s physical market information, combined with industry-leading forward-looking arbitrage models, enables freight market participants to anticipate global trade flows, position vessels, and trade paper with unmatched accuracy and conviction.

The Sparta for Freight platform 

Sparta is the only market intelligence platform for commodity traders that focuses exclusively on the forward market. Delivering actionable insights on opportunities that can still be traded.   

The freight market lacks a clear view of vessel demand. While it has a precise idea of supply, including the locations of vessels, their arrival times at specific ports, and their availability for charter, the demand side is more challenging. This is where Sparta’s strengths come into play. Understanding the arbitrage (ARB) level across all products a tanker can carry helps better determine the demand for those vessels.

Sparta for Freight leverages Sparta’s extensive arbitrage data, which has been collected daily for over three years. We’ve analysed dozens of correlations based on historical arbitrage data and its impact on freight rates. By using this data, we can better predict freight rate trends based on the profitability of various product arbitrages across regions.

Tailor-made for the freight market 

Sparta for Freight is designed to meet the needs of freight market participants, offering the same suite of innovative features Sparta is known for, alongside new features specifically tailored for the freight market. Freight market participants can look forward to: 

Sparta Curves: Real-time global pricing information – Intra-day FFA curves, swaps, the physical market and freight. Accessible from anywhere in the world via a web browser, Sparta’s mobile iOS application, or Excel.

Sparta Freight Dashboard: Instantly determine whether each CPP freight region is bullish or bearish and the best fixture option for your vessel. Load origin arbs are distilled into a single moneyness indicator.

Sparta Global ARBs – Dashboard: Anticipate global trade flows in a dynamic market through live arbitrage calculations, with live margins into pricing centres.

Clean Freight Calculator: Instant access to reliable prompt and forward freight rates and TCE earnings for over 2500 global routes across vessel classes.

Dirty Freight Calculator: Instant access to reliable prompt and forward freight rates for over 600 global routes across vessel classes.

Enhancements to the Sparta for Freight platform will continuously be added throughout the month of October and beyond.

Expanding opportunities 

Freight is just the next step in Sparta’s journey, which will eventually lead us to add full barrel coverage to our platform in the long term. In the short to medium term, Sparta will be adding verticals frequently throughout 2024 and beyond.

Book a demo of Sparta for Freight 

Early access to the Sparta for Freight platform is now available. Book a demo to see the platform in action and secure your early adopter advantage today.

To learn more, contact us at sales@spartacommodities.com, or book a demo