LNG Freight Spot Prices*

Released on Jul 02

Spot

Spark25S

Jul 17 - Aug 16
$

64,750

/ day
Spot

Spark30S

Jul 17 - Aug 16
$

82,000

/ 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-collab

Now live.

Spark partners with ICE

Spark assessments underpin the new LNG Freight cash settled futures contracts on one of the world's largest commodities exchanges.

Now available to trade via ICE.

*Spark is designed for commodity professionals and reserves the right to control access rights.

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
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 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 or the Excel Add-in to automate data flows and improve efficiency
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Spark Neutral

EARLY STAGE PRODUCT

Introducing the world’s first carbon neutral LNG Freight rate.

Freight is a critical part of the LNG value chain.
It must be a critical part of the solution.

Spark25N Price Box
1. Assess Carbon Neutral Rates

A carbon neutral LNG freight rate combining existing, recognised SparkS rates with industry recognised carbon prices.

Transparent methodologies aligned to IMO standards and designed to help you meet your offset goals

Carbon Impact Calculator
2. Understand your carbon impact

Intuitive, early stage calculator designed to give you a better understanding of environment impacts and corresponding carbon costs and rates*.

Full flexibility on routes, assumed boil off rate and vessel speed, vessel size and carbon reference prices.

*Our phase 1 calculator gives approx calculations. As Neutral progresses, so will our calculations.
Community Support
3. Drive the change

Contribute to our goal by registering interest (anonymously if you prefer) to offset your freight linked carbon emissions.

If we can validate that there is a wider industry interest (even if non-binding at this stage), then we are committed to building the tools to make this happen.

Premium Features

Multiple features designed to meet the demands of traders, owners, 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.

Signals

Signals

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

Benchmarking Tools

Benchmarking Tools

For eligible submitters*, anonymous price information is turned into meaningful min/max ranges, allowing you to compare your views against market players.

Opti

Opti

Privileged access to Opti Beta providing you with a new tool to analyse FOB positions. Enriched with Kpler data and built with iteration in mind.

Historical Prices

Historical Prices

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

USGC Cancellation Tool

USGC Cancellation Tool

As US LNG exports continue to impact global balances, analyse potential decisions, run your own calculations and compare against historical flows. Supported by the latest Kpler data.

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

New Tools

We are constantly developing new tools for our customers. Others are in the pipeline as the platform develops.

Settlement Tracker

Settlement Tracker

Check how current spot contract is pricing, model different scenarios, verify the number of assessment days and confirm how the previous two months have priced.

Spread Charting

Spread Charting

Track the evolution of price spreads between different Spark LNG freight rates, enabling you to spot fundamental trends and explore potential trading opportunities.

Calculator

Calculator

Convert fixtures and assessments into SparkS and SparkF prices using the inputs you need and with full transparency.

Flexible Plans

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

Free

Free

Key Features

  • SparkS (Spot)*
  • SparkF (Front Month)*
  • Selected Beta feature testing
  • Neutral Beta platform
  • Limited API access
*Limited data set available
Let's Talk

Let's Talk

Everything in free, plus

  • Historical SparkS and SparkF prices
  • Physical forward curve from brokers, owners and charterers
  • Data via Excel Add-in and API
  • Signals
  • Opti
  • Other new Premium tools

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, 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.

London

1 Poultry
London EC2R 8EJ, United Kingdom
info@sparkcommodities.com

Singapore

18 Cross Street, #02-101, Cross Street Exchange
Singapore 048423
info@sparkcommodities.com

World Map of Locations