Cleartrade Exchange (CLTX) expects the overall market size of its core products of iron ore, shipping and fuel oil to grow to $200m by 2020.
Chief executive Egbert Laege told Reuters CLTX aims to take a growing slice of that trading.
He added the total exchange revenue for freight and seaborne commodities in Asia-Pacific markets are likely to grow from $130m in 2015 to $200m in 2020.
