LNG Freight Spot Prices*
Spark25S
Sep 22 - Oct 22103,500
/ daySpark30S
Sep 22 - Oct 2295,750
/ day
Introducing the
Spark
LNG Freight Platform
Supported by leading LNG market participants, exchanges and brokers. Designed for simplicity, built for progress.
Trusted by a wide range of global energy, research and financial organisations.
200+
Organisations1000+
Users
Built for the future.
- Designed using the latest technology so we can evolve as the markets do
- Customer led development to ensure we constantly provide what the market needs
-
Strong shareholder backing
Robust systems with strong methodologies
- Secure systems designed to protect customer anonymity
- Systems and methodologies designed to be IOSCO compliant
- Fully auditable data trials to give our customers peace of mind
Discover price and unlock insights
- Spot, FFA and Physical Forward Curve assessments
- Market led assessments from relevant, eligible submitters
- Intuitive analytical tools and charts designed to provide greater insights
- Connect via the Spark API, Webhooks, Excel Add-in or select third party vendors to automate data flows and improve efficiency
Premium Features
Multiple tools designed to meet the demands of traders, shipowners, charterers and analysts and based on market feedback.
Forward Curves
By providing forward assessments and allowing you to see how the forward curve evolves, you gain greater insight when making freight and cargo decisions.
Historical Data
By combining data with visualisation tools, Signals connects you to how prices evolve, compare and change, whenever you need.
Data Integrations
Access Spark historical data whenever you need it, directly via the platform.
Neutral
Access the Spark30N and Spark25N Carbon Neutral LNG freight rates, within a tool that enables you to understand the carbon impact of your freight.
Routes
$/MMBtu LNG freight forward curves for any global shipping routes, out to 2024 and broken down into components: hire, fuel, port and canal costs (including Panama delays).
Round Trip Calculator
Provides transparency on how the Spark methodology applies to market price information. This tool facilitates the market transition from hire + lump sum or % ballast bonus to round trip pricing.
Flexible Plans
Designed to meet your requirements, whichever type of organisation you are.
Connect to Spark data in the way that works best for you
Who we are
We are building a new way to understand commodity pricing,
starting with our LNG Freight. In early 2019, Spark launched with
the backing of Kpler Ventures, part of Kpler, the world’s leading
shipping tracking and commodity data intelligence provider, and
EEX (formerly Powernext), part of the Deutsche Boerse Group, a
globally recognised exchange.
Led by commodity professionals and experienced software engineers,
we are a small team of people from a variety of backgrounds who
want to make a big impact.
What we've done
2019
Spark launches with 2 employees: Tim Mendelssohn (formerly of BP and Koch Supply and Trading) and Charles Vallantin Dulac (formerly Head of Engineering at Kpler).
First LNG freight product/contracts launched for testing with submissions received from leading brokers and market players. First bilateral OTC freight swap completed against Spark contracts between Glencore and Socar.
Hit first 10,000 data points and 200 users from 50 companies.
2020
100+ companies connected to Spark with over 500 users.
Launch of Spark Premium to provide users with more insightful analytical tools.
Spark expands into Europe with first international office opened in London.
150+ companies connected to Spark from across LNG, Gas and Power industries.
2021
Intercontinental Exchange (ICE) selects Spark as provider for LNG freight assessments underpinning new cash settled LNG Freight futures contracts.
ICE launches Spark25S and Spark30S LNG freight cash settled futures contracts.
First IOSCO audit completed by PWC.
ICE invests in Spark joining Kpler and EEX.
London
40 Gracechurch St
London EC3V 0BT, United Kingdom
info@sparkcommodities.com
Singapore
16 Raffles Quay, #38-03, Hong Leong Building
Singapore 048581
info@sparkcommodities.com
