Freight Investor Services has launched FIS LIVE, a service providing live prices for a variety of freight types via a new app.
The service covers dry freight, iron ore, fuel oil, steel, scrap, non-ferrous metals, coking coal and fertilisers, allowing traders to access live flat and spread pricing in real time on their mobile phone or desktop, with both English and Chinese language versions available.
Users can set price targets and receive alerts when bids or offers hit target levels, and the service also includes charting of historical prices, technical analysis and market news.
“FIS is constantly looking for new ways to serve our existing customers better and encourage new ones by providing easier access to real time information in a user friendly way,” said FIS founder and Managing Director, John Banaskiewicz.
“With over 5 billion mobile devices in use around the world, the majority of them in Asia, apps have become an integral part of working life, even more so in these challenging times.”
Pricing data via FIS LIVE is available free of charge to verified FIS customers on a three-month trial basis. Prices for wet tanker freight futures are due to be added in the near future, the company says.