Baltic members and customers already using maritime technology company ZeroNorth’s Optimise software platform can now access Baltic data via the same hub thanks to the Baltic Exchange’s API.

Optimise will now be able to display global market rates for dry bulk ships and tankers provided by the Baltic Exchange, including a range of both time charter equivalent (TCE) rates and time charter average information.

Mark Jackson, Chief Executive, the Baltic Exchange, said: “This is a partnership which is designed to add value to our members and data customers. For those who are already using the ZeroNorth platform, this brings their data needs under one roof. Our benchmark information is regulated by the UK financial authorities and is relied upon by the shipping industry to settle trades and underpin contracts.”

The Optimise platform interprets multiple sources of information to make its recommendations on speed, route and when, where and what to bunker. The software provides a clear indication of the upsides of any decision in both dollars and CO2.

For further details see https://zeronorth.com/press/zeronorth-partners-with-the-baltic-exchange-to-provide-market-rate