A decision-grade freight intelligence platform for traders, charterers, brokers & analysts. Turning noisy tanker data and arb economics into actionable calls: levels, timing, and positioning, so users can trade, fix and execute with more confidence.
Global clarity
A single coherent view of the freight market, alongside pertinent news that matters to the shipping community.
Speed to market
Live arb margins converted into implied vessel demand, with clear near-term impact on fixtures and rates.
Actionable signals
See what’s changing and why, before it shows up in rates. Built on arb demand, vessel supply, and market flows.
Built by freight traders, for freight traders
Our Freight Supply & Demand (FSD) framework links live arb margins to implied vessel demand and concrete rate forecasts, quantifying the spreads that drive fixtures and mapping them to WS targets.
For dirty freight, the RBI (Relative Basket Index) benchmarks the crude complex against a defined basket of routes and grades, flagging when relative pricing is stretched and where rates are heading.
The result is a practical market dashboard with expected trading ranges, positioning ideas, and early warning when arbs close, tonnage lengthens, or flows reverse.
Vessel supply, route pressure, and crude-driven demand in one live workspace. Read demand earlier, understand tightening routes before rates move, and position with conviction.
Demand shifts, tightening routes, changing arb economics, and evolving TCE pressure, surfaced when they matter, directly in dashboards, commentary, and FreightAssist. Includes flags for when freight rallies shut arbs, tonnage lists are lengthening, and when relative pricing reaches extremes.
See when regions turn bullish or bearish, which routes offer real economics, and how TCE earnings evolve over time. Live and forward views sit side by side, showing where freight value is forming.
Instant visibility into clean freight rates and TCE earnings across 2,500+ global routes. Compare options, optimise fixtures, and negotiate with conviction as conditions change.
Prompt and forward dirty freight rates across 600+ global routes. Build 12-month freight curves for any route alongside TCE forecasts and forward arb margins, so long-term TC decisions are grounded in the same live economics as prompt trading.
Build custom chart pages to track freight rates, TCE earnings, arbitrage margins, and physical market context together. Mix live, forward, and seasonal views. Overlay freight with crude, products, and arbs. Keep everything aligned in one place.
See vessel supply, crude and product flows, and route pressure in one live view. Understand why routes are tightening before rates move.
Instant access to clean freight rates and TCE earnings across 2,500+ global routes. Spot assessments plus up to 12 months of forward visibility to plan and negotiate with confidence.
Prompt and forward dirty freight rates across 600+ routes and vessel classes. Align shipping costs with market conditions using consistent, trade-ready data.
Live arb calculations across grades and regions. Track landed prices and margins as they update. Capture opportunities before your competition.
Michael Ryan
Commodity Owner – Freight
michael.ryan@spartacommodities.comMichael Ryan, our Freight Commodity Owner at Sparta, brings over a decade of experience in the energy trading sector. His career started and flourished at Trafigura managing risk across products and regions before becoming Head of Risk for subsidiary Puma Energy. Michael then joined the Trafigura commercial team trading clean and gas freight while successfully growing the physical fleet through strategic dealmaking.
Oil prices rise as attacks dent hopes for Strait of Hormuz reopening
Expert: June Goh (Senior Oil Market Analyst, Sparta) Publication: Al Jazeera Market Focus: Crude...
12 AUG 26 - 08:13
TC12 WCI MR: Busy start to last week fades as arb margins close and model turns neutral
WCI MR vessel supply in the seven-day ahead window remains tight at 7 ships against a 90-day moving...
10 AUG 26 - 10:46
