The freight market prices risk it cannot measure. FleetVane is the first standardised volatility benchmark for dry bulk — computed directly from observed vessel movement, not from opinion.

Every freight reference price is assessment-based opinion. There is no volatility benchmark at all. FleetVane occupies empty territory — a category with no incumbent, only an assessment model decades old.
A decision tool used every morning becomes workflow. A measurement that proves itself becomes a reference. A settlement reference embedded in a live contract cannot be switched off.
The measurement layer is built from a route graph accumulated from observed movement. A late entrant cannot reconstruct it backwards at any capital level.
Click any corridor and the market opens up: plain-language signal summary, supply-state snapshot, directional asymmetry, 30-day vessel-count trend, ballast positioning and destination congestion — with the full vessel roster beside it.

Plain-language read + directional asymmetry as leading supply signal
Tightening or softening · queues at destination
IMO · flag · DWT · cargo state · speed · destination
PAIR · PIN · PDF · XML · CSV on every panel

Static benchmark routes are committee-defined and fixed for years. FleetVane routes are extracted from observed traffic and move with the market — refreshed monthly, evidence-logged.

A daily measure of expected 30-day freight volatility per segment — Capesize, Panamax, Supramax — computed entirely from observed fleet behaviour. Base-100, self-referential, structurally resistant to manipulation.
Driven by absorption (+41%) and a slow replenishment pipeline (+26%), partly offset by balanced positioning (-13%) — the reading explains itself.
Absorption pressure · effective supply slack · replenishment pipeline · positioning dispersion · speed-and-congestion friction
Each day's value published with its driver contributions. A measurement, never a black box.
Calm · Normal · Elevated · Crisis — every transition logged and attributed.
Frozen constants · versioned methodology · no silent restatements.
No assessed price, forward curve or broker input enters FVI at any stage. Every constant derives from observed fleet behaviour. The independence claim is not a promise — it is a database permission an auditor can read.

A route graph accumulated from observed movement cannot be reconstructed backwards. A late entrant cannot buy this history — at any capital level.
Lane Intelligence and FleetVane Routes for physical market participants — owners, operators, charterers, commodity desks. Subscription revenue, no regulatory approval required, value visible from the first session.
The FVI family, index data licensing and, in time, derivatives referencing. Usage creates trust; trust creates the benchmark. Revenue scales with adoption, not headcount.
A data subscription can be cancelled. A settlement reference embedded in a live contract cannot. FleetVane scales like a software company and earns like an exchange.
Three segments computing daily; two-layer route architecture; visual product finalised for first external users.
Institutions onboarded; academic validation study; IOSCO-aligned governance defined.
Cross-segment headline index; 30/60/90-day readings; coverage expansion.
Index licensing and referencing; an intelligence layer on the one dataset competitors cannot reproduce.
Every analytics platform in this market contextualises against someone else's benchmark. FleetVane is built to be the benchmark they contextualise against.
A small group of institutions taken on early — with platform access, methodology briefings under NDA, and direct influence on the route and index roadmap.