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Maritime Research

Drewry Benchmarking Club

Customised Real Time Benchmarking

December 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

Drewry publishes first low-sulphur BAF reference price

Drewry publishes first low-sulphur BAF reference price
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.

Ship operating costs rise on higher R&M and insurance spend

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.

The time for higher BAF charges has come

With the enforcement date of the IMO 2020 low-sulphur regulation now only 6 weeks away, shippers and forwarders are starting to get their chequebooks out to help ocean carriers cover the additional cost of the cleaner, low-sulphur fuel.

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.