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Maritime Research

Drewry Benchmarking Club

Customised Real Time Benchmarking

October 2019

Drewry Benchmarking Club

Comprehensive freight rate package

How do your contract container freight rates compare with your peers and the wider market?

 

Drewry’s Benchmarking Club provides members with the opportunity to confidentially benchmark their contract shipping costs against their peers – based on genuine, shipper-only, buy rate comparisons.

 

New feature: Now benchmarking contract BAFs every quarter on the major East/West routes.

 

Download brochure

 

 

 

Why Benchmarking Club?

  • Secure best rates in the market

    • Reduce your spend

  • Understand short, medium & long term market developments

    • Respond quickly

    • Plan for future

    • Accurate budgeting

  • All Market Intelligence at your fingertips

    • Forecasts -> Plan

    • Indices -> Understand trends

  • IMO Sulphur regulation intelligence

    • Plan for regulatory changes

    • Calculate impact for your own routes

  • Understand Best Practices in Procurement

    • Maximise efficiencies (relations, processes, data, resources, etc.)

    • Achieve optimum results

  • Internal Stakeholder support & approval

    • Create awareness and understanding

Why Drewry?

  • 50 years experience in ocean freight intelligence and benchmarking

  • Access a wealth of market intelligence

  • True buying rates comparisons and transparency of shipper-only membership

  • Easy to combine with other Drewry products and services

    • Container Freight Rate Insight (CFRI)

    • Tender/RFQ support (e-SOFS)

    • Container Forecaster (CF)

    • Airfreight Benchmarks (SASI)

    • Reefer Benchmarks (R-BMC)

    • Ocean Buying Group (OBG)

Contract Freight Rate Benchmarking

Monthly Reports, individually tailored to your routes

Benchmark Rates & Comparison Report

  • Average, Lowest, Highest market rates
  • Spot Rates
  • Comparison by Shipper Size (S, M, L)
  • Transit time, Freetime and Rate Validity Comparison
  • Ranking

Benchmark Appraisal & Cost Savings Advice

  • Detailed analysis of your rates v benchmarks

Access to our interactive Online System

  • Overall Spend Analysis
  • Detailed Analysis by route
  • Historic Rate Evaluation
  • Indices, Forecasts
  • Rate Inconsistencies

More Information

Fast facts...

  • Membership is exclusive to shippers - importers and exporters only (not freight forwarders, carriers or NVOCCs)
  • Participants benefit from access to container contract rates, spot market rates, unique freight rate forecasts, indices, comprehensive market assessments and industry best practice information
  • Online access to monthly benchmarking rates
  • Further information about the club and its membership profile contact us
  • Exclusive Reefer Benchmarking Club also now available (since Sept 2017). Contact us for more information.

News

ESC, Drewry announce an IMO 2020 BAF transparent indexing mechanism

ESC, Drewry announce an IMO 2020 BAF transparent indexing mechanism
Drewry and the European Shippers’ Council (ESC) have published a bunker adjustment factor indexing mechanism to help shippers monitor and control bunker charges in the run-up to and following the introduction of the IMO 2020 low-sulphur regulation.

New risks heap more pressure on beleaguered container market

The mood-music surrounding the container market has deteriorated further in the last three months, resulting in Drewry downgrading its outlook for world container port throughput for the current year and the rest of the five-year horizon, in its latest Container Market Annual Review and Forecast.

Study findings: Drewry believes future online marketplaces could bring mutual benefit to both carriers and shippers

Online technology platforms where shipping lines and their customers can negotiate forward contracts could help improve vessel utilisation levels and reduce freight rate volatility, according to a joint study conducted by global shipping consultancy, Drewry and maritime supply chain technology provider, CyberLogitec.

Slow car carrier recovery to trigger more distressed asset sales

Car carrier shipping is expected to continue its slow recovery, supported by improving utilisation and minimal vessel ordering, according to Drewry’s latest Finished Vehicle Shipping Annual Review and Forecast.

Events

South Carolina International Trade Conference

Philip Damas presenting the container shipping outlook and challenges and opportunities for BCOs.

Global Biofuels Summit

Hu Qing to present the outlook for biofuels in Malaysia and Indonesia shipping markets.

TOC Americas 2019

Drewry will present its outlook for the container shipping industry.