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Maritime · head to head

Baltic Exchange vs Terminal49

Baltic Exchange logo

Baltic Exchange

Maritime

Global shipping market benchmarks

From
$500/month
Rated
-
Full reviewWebsite
Terminal49 logo

Terminal49

Maritime

Container tracking for freight forwarders

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only Terminal49 has a free tier, so it costs nothing to try first.
  • Each has a real cost: Baltic Exchange no pricing published on website, membership and data services require contacting the organization; Terminal49 aPI access and webhooks start at the Essential plan
  • They diverge on capability: Baltic Exchange covers Freight indices, Terminal49 covers Automated tracking.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Baltic Exchange and Terminal49 actually diverge.

Attributes where Baltic Exchange and Terminal49 differ
AttributeBaltic ExchangeTerminal49
Starting price$500/monthFree
Free tierNoYes
Founded17442019

Identical on both: pricing model (subscription), platforms (Web, Api), user rating (Not yet rated), category (Maritime).

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

Only in Terminal49

  • Automated tracking
  • Terminal appointments
  • Demurrage alerts
  • Customer portals
  • TMS platforms
  • Carrier websites
  • Terminal systems

Both cover

  • Web support
  • Api 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 Terminal49
  • Freight derivatives tradingnot Terminal49
  • Vessel investment decision makingnot Terminal49
  • Dry bulk and tanker rate assessmentsnot Terminal49
  • Container freight market analysisnot Terminal49

Terminal49

  • Tracking ocean containers and shipments across carriers and terminalsnot Baltic Exchange
  • Feeding container milestones into an internal system over an APInot 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

Terminal49

  • API access and webhooks start at the Essential plan
  • The free plan is limited to 3 users and 50 document credits
  • The Lite and Complete plans require an annual contract
  • No plan above the free tier publishes a price, so every paid tier requires contacting sales

Pricing, plan by plan

Baltic Exchange

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

Terminal49

Free
  • Pro$299/month
    • Unlimited tracking
    • Terminal data
    • API access

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 Terminal49 if

  • You need automated tracking.
  • You want to start without paying.
  • You work on Web, Api.
  • You also want terminal appointments.
Terminal49 review

Questions people ask

Is Baltic Exchange or Terminal49 better?
Neither clearly leads. Baltic Exchange starts at $500/month and Terminal49 at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Baltic Exchange or Terminal49?
Terminal49 has a free tier; the other does not. Paid plans start at $500/month for Baltic Exchange and Free for Terminal49.
Does Baltic Exchange or Terminal49 run on more platforms?
Both run on Web, Api, so platform support will not decide this one for you.
Can I use Terminal49 for free?
Yes. Terminal49 has a free tier, so you can try it without paying. Baltic Exchange starts at $500/month.
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 Terminal49 is typically brought in for.
What can Baltic Exchange do that Terminal49 cannot?
Baltic Exchange covers Freight indices, Market assessments, Forward curves, Historical data. Terminal49 covers Automated tracking, Terminal appointments, Demurrage alerts, Customer portals. Both handle Web support, Api 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
Terminal49: Is there a free plan available?

Yes, Terminal49 offers a Free Forever plan with no commitment required. It includes up to 3 users, basic shipment tracking, and 50 document credits.

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
Terminal49: What plans require payment?

Terminal49 offers four tiers: Free (free forever), Lite (annual contract), Essential (annual or pay-as-you-go), and Complete (annual contract). Lite, Essential, and Complete require direct contact with sales for pricing.

Source
Terminal49: What features are in the Essential plan?

Essential (Most Popular) includes unlimited users, full shipment & container dashboards, API access & webhooks, intermodal rail tracking, container assignments, and team collaboration features. It offers both annual contract and pay-as-you-go billing options.

Source
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