11 May 2015 -- ICIS, the global commodity market intelligence provider, has launched a new product for the global liquefied natural gas (LNG) market – LNG Edge.
This latest addition to the ICIS product portfolio provides real-time intelligence on LNG cargoes at sea, trade flow volumes, buy/sell opportunities, chartering availability and rates, as well as LNG spot prices and news updates – ALL in a single platform.
The three cornerstones of LNG Edge are ICIS’s proprietary data fusion technology, dual AIS data feeds from the world’s largest constellation satellite providers (Orbcomm and exactEarth) and the biggest LNG commercial intelligence gathering team, which verifies accuracy of the published data.
The combination of these resources and capabilities revolutionises the online tracking platforms in the market – setting LNG Edge apart from rest. It delivers unparalleled LNG market transparency via a high-speed and user-friendly online interface. Functionalities range from instant online mapping and search, to extensive Excel data download options, supporting all members of the LNG trading team – traders, analysts, shipping managers and directors.
LNG trade is entering a period of rapid growth, which will bring more trading routes, more vessels and more competition. Existing trading patterns will be challenged by a wave of new production. Price fluctuations will be key for optimised trading profits.
“The ability to realise commercial opportunities will depend not just on having the best market intelligence, but on being able to quickly make sense of shifts in trading patterns and prices through a single interface,” said Louise Boddy, Business Director of ICIS LNG Edge.
These technologies behind LNG Edge allow ICIS to constantly improve and develop the platform to meet the diverse needs of the growing and evolving marketplace.
As a user of LNG Edge, you are given access to:
To read more about LNG Edge, visit www.icis.com/LNG-Edge.
For further information about this press release, please contact:
Business Director, ICIS LNG Edge
Senior Marketing Manager, ICIS
ICIS is the world's largest petrochemical market information provider and has fast-growing energy and fertilizer divisions. Our aim is to give companies in global commodities markets a competitive advantage by delivering trusted pricing data, high-value news, analysis and independent consulting, enabling our customers to make better-informed trading and planning decisions. We have more than 30 years' experience in providing pricing information, news, analysis and consulting to buyers, sellers and analysts.
With a global staff of more than 800, ICIS has employees based in Houston, Washington, New York, London, Montpellier, Dusseldorf, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo and Perth. Some 350 of ICIS’s staff are journalists engaged in reporting market prices and news, and ICIS is fully committed to upholding the highest journalistic principles of verification, corroboration and authentication. ICIS has a compliance framework that along with its methodologies and business processes adheres to the requirements of the IOSCO PRA Principles.
LNG Edge is a dedicated LNG trading analytics and tracking platform - accessible online.
LNG Edge is powered by a combination of resources that sets it apart from the rest – through the accuracy of data, range of coverage, functionality and visibility the platform delivers.
Whether you are a trader, analyst or shipping manager, LNG Edge will help you to achieve efficiency in your trading functions.
With the right tools and information, it’s easy to stay ahead.Request to demo ICIS LNG Edge now >>
Live import-export volume data
Open tenders, vessel positions, charterer
Live and historical reload volumes
Chartering availability and rates