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Freight Loop - Emission Trading Scheme cost impact assessment
Head of Drewry Supply Chain Advisors, Philip Damas looks at the ramp-up in the application of the European Trading Scheme (ETS) at a time when associated charges for shippers and forwarders are amplified by longer voyages resulting from Red Sea diversions.
Drewry believes now is the time for shippers to consider implementing a standard ETS policy for greater transparency and to help control these costs.
Implement a standard BAF & ETS policy
The Drewry Standard BAF Policy is an industry standard, accepted by the major ocean carriers and adopted by a number of our BCO clients. We provide a clear policy document, tailored to your company and its trade lanes, which can be communicated to your Logistic Service Providers (LSPs) prior to bid.
Adopting our standard BAF Policy provides a number of benefits:
- Less complexity through standardisation
- Simplify invoicing and auditing
- Greater transparency, reduced risk of excessive charges
- Incorporates our latest view on new fuel types
- Use your BAF policy as a pre-condition to bid for your business
Solutions for shipper/BCOs
We work with logistics operations and procurement teams in some of the world's top manufacturers and retailers, helping them benchmark their ocean freight costs and improve their ocean freight tender processes by combining robust market intelligence with powerful procurement technologies and proven best practices.
Ocean freight rate and capacity intelligence (annual subscriptions)
- Container Freight Rate Insight - container spot market freight rate intelligence
- Drewry Benchmarking Club - confidential benchmarking of contract freight rates, transit times and free times
- Container Capacity Insight - container capacity and port congestion insights
Ocean bid management and related support (advisory services)
- Contract appraisal and design - ensuring alignment with core business objectives
- Carrier strategy workshops - become a best-in-class 'preferred partner'
- Ocean freight procurement and bid support - in partnership with Freightender
- Fuel advisory and management services - bringing clarity and control to fuel pricing
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