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Maritime · head to head

Baltic Exchange vs ZeroNorth

Baltic Exchange logo

Baltic Exchange

Maritime

Global shipping market benchmarks

From
$500/month
Rated
-
Full reviewWebsite
ZeroNorth logo

ZeroNorth

Maritime

Voyage optimisation, bunker procurement and emissions reporting for shipping, priced per vessel per module

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; ZeroNorth zeroNorth reported a net loss of roughly $65m for the 2024 financial year, deepening by around 57 per cent, so a multi-year fleet commitment should include contractual protection on continuity and pricing.
  • They diverge on capability: Baltic Exchange covers Freight indices, ZeroNorth covers Voyage optimisation.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

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

Attributes where Baltic Exchange and ZeroNorth differ
AttributeBaltic ExchangeZeroNorth
Starting price$500/monthOn request
Pricing modelsubscriptionquote
PlatformsWeb, ApiWeb, Cloud, iOS, Android
Founded1744Unknown

Identical on both: free tier (No), 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
  • Web support

Only in ZeroNorth

  • Voyage optimisation
  • Bunker procurement
  • Bunker price intelligence
  • Emissions compliance
  • Vessel selection
  • Agentic voyage automation

What people use each for

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

Baltic Exchange

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

ZeroNorth

  • A tanker operator wanting speed decisions that account for the freight market rather than optimising fuel in isolationnot Baltic Exchange
  • A bunker buyer testing supplier quotes against independent fair value pricing before fixing a stemnot Baltic Exchange
  • An owner needing EU ETS and FuelEU Maritime reporting derived from the same voyage data that drives operational decisionsnot Baltic Exchange
  • A charterer evaluating which vessel to take on a cargo based on projected voyage economics rather than on nominal specificationsnot 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

ZeroNorth

  • ZeroNorth reported a net loss of roughly $65m for the 2024 financial year, deepening by around 57 per cent, so a multi-year fleet commitment should include contractual protection on continuity and pricing.
  • The company consolidated operations during 2025, liquidating a Norwegian subsidiary, which is prudent cost control but means local presence and account continuity may not be what was originally sold.
  • Pricing is per vessel and per module, so the headline vessel figure understates the cost of an owner who wants voyage, bunker and emissions capability across a fleet.
  • Recommendation quality depends on the quality of noon reports and vessel data supplied, and an owner with poor reporting discipline will get poor optimisation regardless of the algorithms.
  • It sits between technical performance tools and chartering systems and fully replaces neither, so most owners run it alongside an existing voyage management system and pay for overlapping capability.

Pricing, plan by plan

Baltic Exchange

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

ZeroNorth

On request
  • ZeroNorth platform$undefined/year
    • Subscription per vessel and per module
    • Voyage optimisation, bunker and emissions modules priced separately
    • Multi-year agreements typical

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 ZeroNorth if

  • You need voyage optimisation.
  • You work on Web, Cloud, iOS, Android.
  • You also want bunker procurement.
ZeroNorth review

Questions people ask

Is Baltic Exchange or ZeroNorth better?
Neither clearly leads. Baltic Exchange starts at $500/month and ZeroNorth at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Baltic Exchange or ZeroNorth?
Baltic Exchange starts at $500/month and ZeroNorth at On request.
Does Baltic Exchange or ZeroNorth run on more platforms?
Baltic Exchange runs on Web, Api. ZeroNorth runs on Web, Cloud, iOS, Android.
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 ZeroNorth is typically brought in for.
What can Baltic Exchange do that ZeroNorth cannot?
Baltic Exchange covers Freight indices, Market assessments, Forward curves, Historical data. ZeroNorth covers Voyage optimisation, Bunker procurement, Bunker price intelligence, Emissions compliance.

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
ZeroNorth: How is ZeroNorth priced?

Per vessel and per module on subscription, typically multi-year and quoted. Nothing is published.

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
ZeroNorth: Is ZeroNorth financially stable?

It is well funded, raising $20m in February 2025, but reported a net loss of roughly $65m for 2024. Treat continuity terms as a contractual issue.

ZeroNorth: Does it replace my voyage management system?

No. It complements commercial voyage management platforms; most owners run both and accept some overlap.

ZeroNorth: Does it need onboard hardware?

No. It works from noon reports, AIS and existing vessel data feeds rather than requiring its own collection box.

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