Softwr

Maritime · head to head

Baltic Exchange vs ShipHero

Baltic Exchange logo

Baltic Exchange

Maritime

Global shipping market benchmarks

From
$500/month
Rated
-
Full reviewWebsite
ShipHero logo

ShipHero

Logistics

Warehouse management for e-commerce

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Baltic Exchange no pricing published on website, membership and data services require contacting the organization; ShipHero pricing details not disclosed on public website; requires contacting sales
  • They diverge on capability: Baltic Exchange covers Freight indices, ShipHero covers Warehouse management.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Baltic Exchange and ShipHero actually diverge.

Attributes where Baltic Exchange and ShipHero differ
AttributeBaltic ExchangeShipHero
Starting price$500/monthOn request
Pricing modelsubscriptionUnknown
PlatformsWeb, ApiWeb
CategoryMaritimeLogistics
Founded17442013

Identical on both: free tier (No), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Baltic Exchange

  • Freight indices
  • Market assessments
  • Forward curves
  • Historical data
  • API
  • Data feeds
  • Trading platforms
  • Api support

Only in ShipHero

  • Warehouse management
  • Pick/pack/ship
  • Inventory tracking
  • Automation rules
  • Shopify
  • Amazon
  • WooCommerce
  • BigCommerce

Both cover

  • Web support

What people use each for

The jobs each tool is most often brought in to do.

Baltic Exchange

  • Shipping market freight data and indicesnot ShipHero
  • Freight derivatives tradingnot ShipHero
  • Vessel investment decision makingnot ShipHero
  • Dry bulk and tanker rate assessmentsnot ShipHero
  • Container freight market analysisnot ShipHero

ShipHero

  • Multi-carrier shipping with live rate shopping (UPS, FedEx, USPS, DHL)not Baltic Exchange
  • Warehouse management with picking, packing, and returns automationnot Baltic Exchange
  • Labour management and workforce performance trackingnot Baltic Exchange
  • Integration with major e-commerce platforms (Shopify, Magento, BigCommerce, TikTok Shop)not Baltic Exchange

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Baltic Exchange

  • No pricing published on website, membership and data services require contacting the organization
  • Custom pricing based on organization type and data needs

ShipHero

  • Pricing details not disclosed on public website; requires contacting sales
  • No published technical system requirements or browser compatibility specifications
  • Custom quote model requires enterprise sales engagement for pricing transparency

Pricing, plan by plan

Baltic Exchange

$500/month
  • Data Services$1500/month
    • Freight indices
    • Market assessments
    • Historical data

ShipHero

On request

No published plan breakdown. See the ShipHero review.

Which should you pick?

Choose Baltic Exchange if

  • You need freight indices.
  • You work on Web, Api.
  • You also want market assessments.
Baltic Exchange review

Choose ShipHero if

  • You need warehouse management.
  • You also want pick/pack/ship.
ShipHero review

Questions people ask

Is Baltic Exchange or ShipHero better?
Neither clearly leads. Baltic Exchange starts at $500/month and ShipHero at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Baltic Exchange or ShipHero?
Baltic Exchange starts at $500/month and ShipHero at On request.
Does Baltic Exchange or ShipHero run on more platforms?
Baltic Exchange runs on Web, Api. ShipHero runs on Web.
What is Baltic Exchange best used for?
Baltic Exchange is most often used for shipping market freight data and indices, freight derivatives trading, vessel investment decision making, dry bulk and tanker rate assessments. Of those, shipping market freight data and indices and freight derivatives trading are not what ShipHero is typically brought in for.
What can Baltic Exchange do that ShipHero cannot?
Baltic Exchange covers Freight indices, Market assessments, Forward curves, Historical data. ShipHero covers Warehouse management, Pick/pack/ship, Inventory tracking, Automation rules. Both handle Web support.

Answered from the vendors’ own pages

Baltic Exchange: How much does Baltic Exchange membership cost?

Baltic Exchange does not publish pricing on their website. Membership and data service pricing is customized and requires direct contact with the organization.

Source
ShipHero: What is ShipHero's pricing model?

ShipHero does not publish pricing on its homepage. The company uses a direct sales model, directing customers to book a demo or contact their sales team at [email protected] to discuss pricing.

Source
Baltic Exchange: What services does Baltic Exchange provide?

Baltic Exchange provides shipping market data services including daily published indices (200+), freight derivatives trading facilities, member fixtures database, and analytical tools for shipping professionals.

Source
ShipHero: Is ShipHero expensive?

ShipHero states that the solution to warehouse inefficiency is not as expensive as you might think, suggesting competitive pricing. However, specific costs require contacting sales.

Source
ShipHero: Can I try ShipHero before committing?

The site does not mention a free trial. To evaluate ShipHero, customers must schedule a demo with the sales team.

Source
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