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.
LNG freight is one of the most volatile and least transparent parts of the LNG value chain. Rates are agreed bilaterally and quoted on inconsistent bases (hire plus ballast bonus, lump sums, round trips), and turning them into a delivered $/MMBtu cost for a specific route means stitching together hire, fuel, port and canal costs by hand.
Spark LNG Freight replaces this with a single, independent benchmark. Assessments are submitted daily by active market participants, underpin ICE-listed futures, and are converted into route-level $/MMBtu costs across 980+ routes, so traders, charterers, shipowners and analysts can price, hedge and evaluate freight on the same basis as the rest of the market.
Get ahead of the curve.