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Container Freight Rate Insight is the world’s first and only global source of container market freight rates on all the major routes and it is a “must have” tool for importers, exporters and freight forwarders as well as other industry stakeholders who require reliable, independent and well researched container shipping cost benchmarks.

The Container Freight Rate Insight is widely used for benchmarking, market analysis and as a reference point for index-linked contracts.

Started in January 2006 the Container Freight Rate Insight is driven by a large, unique database of average freight rates covering 600 trade routes around the world and several aggregated indexes. The sources of this freight rate data are a wide range of active freight forwarders in the Far East, South Asia, Middle East, Europe, US, Canada, South America, Africa and Oceania representing millions of dollars of container shipping transactions.

The Container Freight Rate Insight is hosted online at www.drewry.co.uk/cfri and boasts a wide range of dynamic content and feature rich functionality. In addition to market leading freight rate data it also provides rolling updates on carrier GRIs, service changes and BAF surcharges, as well as in depth analysis of current and future freight rate trends.

For a demonstration of the web site features go to www.drewrycfri.co.uk/demo for details of what to expect in Trade Routes (Tier 1) and Search Rates (Tier 2).

The Container Freight Rate Insight offers to two levels of access:

• Tier 1 Standard Subscription
• Tier 2 Advanced Subscription

See Description tab for more details.

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Key Benefits:

For shippers, importers and exporters

The Container Freight Rate Insight provides rates that are actually being paid by other companies on the same route. While Drewry cannot disclose specific company information for confidentiality reasons, the pricing information provides a benchmark against which to test the success of your freight rate negotiations. It also provides informed analysis and a view on the short-term outlook for freight rates.

Other key benefits include:

• Check trends in freight levels to determine contract renewal risks and benefits.
• Use Drewry's freight rate benchmarks as a reference point in your index-linked contracts.
• Use Drewry commentary and analysis to take informed budgeting and sourcing decisions on the main industry price drivers like supply/demand, BAFs etc

This tool does not include container freight rate forecasts. But we are able to provide these to you via our Container Forecaster quarterly industry report available from www.drewry.co.uk or our specialist advisory service from Drewry Supply Chain Advisors www.drewrysupplychains.com

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For freight forwarders and NVOCCs

The Container Freight Rate Insight will help in your rate negotiations with clients by providing independent evidence of changes (increases or decreases) in market rates.

Other key benefits include:

• Giving transparency to mid-market spot market levels
• Showing freight rate market trends to customers
• Indexing contracts on a back-to-back basis with carriers and shippers
• Authentic independent evidence with Drewry's name and reputation

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For carriers

The Container Freight Rate Insight will enable you to benchmark your average rates on specific port pairs against the latest forwarder market buy rates. These cover business with multiple carriers and are indicative of average market rates. The benchmarks will also provide market intelligence for studies on new routes or ports.

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For financial analysts and market analysts

Both individual freight rate benchmarks and aggregate indexes published in the Container Freight Rate Insight will enable you to promptly track changes in the market and identify key pricing indicators of the health of the container shipping industry.

Other key benefits include:

• Ability to gauge market strength
• Trend analysis assists interpretation of current company profitability since the last financial report
• Drewry commentary, analysis and news provides expert informed opinion on industry drivers

Trade Routes & Search Rates: Freight Rates & Indexes

The regions/countries covered by the 600 container freight rate benchmarks are:

- Australia (Melbourne)
- Australia (Brisbane)
- Brazil (Santos)
- Canada East Coast (Montreal)
- Canada East Coast (Halifax)
- Canada West Coast (Vancouver)
- Central China (Shanghai)
- Chile (San Antonio)
- Colombia (Cartagena)
- Egypt (Port Said)
- Hong Kong
- Indian Sub-continent (Mumbai)
- Indonesia (Jakarta)
- Italy (Genoa)
- Japan (Yokohama)
- Korea (Busan)
- United Arab Emirates (Dubai)
- Malaysia (Tanjung Pelepas)
- Morocco (Casablanca)
- Nigeria (Lagos)
- North China (Tianjin)
- North Continent Europe (Rotterdam)
- Philippines (Manila)
- Saudi Arabia (Dammam or Jeddah)
- South Africa (Durban)
- South China (Yantian)
- Singapore
- Taiwan (Kaohsiung)
- Thailand (Laem Chabang)
- Turkey (Istanbul)
- UK (Felixstowe)
- US East Coast (New York)
- US Gulf Coast (Houston)
- US West Coast (Los Angeles)
- Vietnam (Cat Lai-Ho Chi Minh)

In addition, weekly freight rate benchmarks are provided for the following trades:

• World Container Index Composite Index
• World Container Index Shanghai-Rotterdam Benchmark
• World Container Index Shanghai-Genoa Benchmark
• World Container Index Shanghai-Los Angeles Benchmark
• World Container Index Shanghai-New York Benchmark
• Drewry’s Hong Kong-Los Angeles Benchmark

Monthly aggregate freight rate indexes based on weighted averages of multiple container freight rate benchmarks include the following:

• Drewry East-West Freight Rate Index
• Drewry Global Freight Rate Index
• Drewry Transpacific Eastbound Freight Rate Index
• Drewry Transpacific Westbound Freight Rate Index
• Drewry Asia-Europe Westbound Freight Rate Index
• Drewry Asia-Europe Eastbound Freight Rate Index
• Drewry Intra-Asia Freight Rate Index
• Drewry Regional Freight Rate Index for Imports to the USA
• Drewry Regional Freight Rate Index for Exports from the USA
• Drewry Regional Freight Rate Index for Imports to Europe
• Drewry Regional Freight Rate Index for Exports from Europe

The Container Freight Rate Insight is an online research tool allowing you to keep up to date with the latest freight rate developments. Container freight rate data is updated bimonthly on all 600 routes, monthly on most high volume trade lanes and weekly on five key trades via Drewry’s Hong Kong-Los Angeles Benchmark and selected data from the World Container Index.

Each benchmark includes rates for both 20ft and 40ft dry box containers. Key trade routes covered include the transpacific, Asia-Europe, transatlantic, Middle East & South Asia trades, North-South trades (South America, Africa & Oceania), intra-Asia and intra-Europe trades. In most cases rates for both headhaul and backhaul trades are provided.

The Container Freight Rate Insight offers to two levels of access:

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• Tier 1 Standard Subscription
• Tier 2 Advanced Subscription

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Tier 1 Standard Subscription to Trade Routes only

Tier 1 provides access to Trade Routes where you can view and print recent container freight rate data covering 600 port pairs across all the main trade routes around the world as well as in depth commentary and analysis.

Trade Routes provide the following features to aid your analysis of freight rate developments:

• On-screen reports give benchmark freight rates by port pair for the last four months.
• Rates are ‘All In’ i.e. inclusive of Base Rate, Bunker Adjustment Factor (BAF), Surcharges and Terminal Handling Charges (THCs).
• Mouse over the on-screen ‘All In’ rate to reveal the Base Rate, BAF and THC values.
• Freight rates on individual port pairs are grouped into trade routes, together with Drewry analysis of market trends as well as carrier capacity and GRI notices.
• Graphs and information tables show all the key trends
• Additional information is given on current BAF surcharges for the main carriers.
• Users can select a preferred Trade Routes dashboard to focus on your key areas of interest.
• Aggregated indexes are provided for each of the main trade routes.
• Freight rate tables and accompanying commentary are available in a printer-friendly format.

Tier 2 Advanced Subscription to Trade Routes & Search Rates

Tier 2 provides access to the Search Rates database of container freight rates in addition to all Trade Routes features. Users can search Drewry’s entire library of freight rate data going back to January 2006 and download the results to your device.

Search Rates includes the following key features:

• Search and select single or multiple port pairs to view and download current freight rates of your choice to your device.
• Select and download freight rate history going back on 2006 to assess key trends and trade cycles.
• Download freight rate data to your device in Excel format.
• Download either all-in rates or a breakdown of the base rate, bunker adjustment factor (BAF) and terminal handling changes (THCs).

The rate benchmarks represent spot market rates for Full Container Loads paid by freight forwarders to ocean carriers for a particular month or week. They are affected by seasonal and short-term supply-demand factors, notably by the peak season in the trades from Asia.