Mastercard wanted to evaluate the readiness of the container freight industry to adopt a value proposition for procure-to-pay automation that would incorporate core Mastercard benefits such as payment guarantees.
Client: A US-headquartered global producer of technology products
Drewry Supply Chain Advisors was selected to manage the 2016 global ocean tender for a US-headquartered global producer of technology products combining procurement best practices, the latest technology and freight cost benchmarks in Drewry’s e-Sourcing Ocean Freight Solution (eSOFS).
Drewry’s freight cost benchmarking and procurement support division, is pleased to announce the launch of a new range of fuel advisory and management services designed exclusively for shippers and forwarders.
As part of a series of initiatives aimed at bringing greater transparency to fuel costs resulting from the new IMO 2020 low-sulphur regulation, Drewry is pleased to announce the publication of its first low-sulphur reference bunker index tracker.
Underlying vessel operating cost inflation accelerated moderately in 2019 on higher repair & maintenance and insurance spend, while costs are expected to continue rising at a similar pace in 2020, according to Drewry’s latest Ship Operating Costs Annual.