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ZE PowerGroup and Baltic Exchange Announce New Strategic Partnership to Expand Global Shipping Data Offerings
ZE PowerGroup Inc. (ZE) and Baltic Exchange have entered into a new strategic partnership that will allow the two organizations to collaborate and share data on the global maritime market. The partnership will allow ZE PowerGroup to broaden global shipping data offerings and deliver further vital data sets to clients in the energy and commodities sectors. The partnership is in line with ZE’s growth strategy to continue expanding the availability of data sources to its existing data ecosystem.
ZE, the leader in end-to-end data management and analytics solutions for energy and commodities, is widely recognized as having the widest data coverage. ZEMA avails over 1,100 unique data sources and over 13,000 data reports. Its award-winning platform, ZEMA™, allows clients to access large volumes of data to allow a wide range of analytic, visualization, reporting, integration, a
The Freightos Baltic Global Container Index (FBX) climbed 38% this month to a new FBX-high of $3,377/FEU, a 143% increase annually, driven by still-surging global demand and the resulting container shortage that kept rates spiking on Asia-Europe and Asia-Mediterranean lanes. Strong demand for transpacific ocean freight is still causing congestion and delays at US ports, .