LNG Freight Spot Prices*

Released on Sep 07 Now available to trade via
Spot

Spark25S

Sep 22 - Oct 22
$

103,500

/ day
Spot

Spark30S

Sep 22 - Oct 22
$

95,750

/ day
*Delayed prices; the latest prices are available to verified platform users.

Introducing the Spark
LNG Freight Platform

LNG freight pricing is a critical part of LNG trading. Historically, it has been hard to assess, difficult to evaluate and labour intensive to analyse.

Now it is not.

Supported by leading LNG market participants, exchanges and brokers. Designed for simplicity, built for progress.
ice-x-spark

Investment announcement


ICE invests in Spark Commodities

See Press Release

Trusted by a wide range of global energy, research and financial organisations.

200+

Organisations

1000+

Users
Featured in
platform

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
    kpler eex ice
security

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
Price Evolution

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

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

Historical Data

By combining data with visualisation tools, Signals connects you to how prices evolve, compare and change, whenever you need.

Data Integrations

Data Integrations

Access Spark historical data whenever you need it, directly via the platform.

Neutral

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

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

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.

*Only eligible, active LNG market players can submit market assessments. Contact us to find out more.

Flexible Plans

Designed to meet your requirements, whichever type of organisation you are.

Key Features

  • SparkS (Spot)*
  • Selected Beta feature testing
*Limited data set available

Everything in free, plus

  • SparkS spot (daily)
  • Daily FFA curves out to Cal24
  • Historical data
  • Data integrations
  • Routes (forward $/MMBtu curves) for any major routes
  • Neutral

Connect to Spark data in the way that works best for you

Excel Add-in Excel Add-in
Spark API Spark API
Spark Webhooks Spark Webhooks
ZEMA™ ZEMA™
Morningstar Morningstar
Enverus Enverus
Who we are

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

Q2

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).

Q3

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.

Q4

Hit first 10,000 data points and 200 users from 50 companies.

 

2020

Q1

100+ companies connected to Spark with over 500 users.

Q2

Launch of Spark Premium to provide users with more insightful analytical tools.

Q3

Spark expands into Europe with first international office opened in London.

Q4

150+ companies connected to Spark from across LNG, Gas and Power industries.

 

2021

Feb

Intercontinental Exchange (ICE) selects Spark as provider for LNG freight assessments underpinning new cash settled LNG Freight futures contracts.

22nd March

ICE launches Spark25S and Spark30S LNG freight cash settled futures contracts.

Jun

First IOSCO audit completed by PWC.

Nov

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

World Map of Locations