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Supply Chain Advisors
Key Contacts
BAF and ETS Policy Support
Implement our Standard BAF Policy, align the BAF charges for all your providers and reduce your exposure to excessive unilateral increases in fuel charges.
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 Logistics 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
BAF Forecasting Services
Escalating geopolitical tensions in the Middle East are driving sharp increases in bunker fuel prices, pushing Bunker Adjustment Factor (BAF) surcharges higher. For shippers/BCOs, these volatile fuel surcharges are rapidly becoming one of the largest and least predictable components of ocean freight spend.
At such a time of heightened volatility, without accurate forecasts and the latest market intelligence, BAF increases can erode margins, disrupt budgets and undermine contract negotiations.
To learn more about this service email our team of ocean freight experts at supplychains@drewry.co.uk
Transportation Manager, Global Paper and Pulp Manufacturer
Senior Procurement Manager, International Provider of Office Supplies
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What our clients say about Benchmarking Club
“Drewry is a great resource for market insights, rate indices, and guidance on overall market conditions. Our partnership with Drewry has proven advantageous to our business by helping us establish best practices, refine our contracts and benchmark among the best in the industry.”
Director Global Logistics, Bissell Homecare, Inc.
“Drewry benchmarking [service] has provided us with the insights… to understand how we are positioned, especially important given the volatile and potentially irrational nature of the container marketplace.”
Anonymous, Global home furnishings business
“Drewry’s regular analysis and benchmarking tools help keep us informed on both our own freight rates as well as broader trends in the market. Their insights, reporting and forecasting capabilities truly support our strategic decision making.”
Peter Smith, Global Trade and Commercial Manager, Cotton-On Group
“We selected Drewry’s Benchmarking Club to benchmark our ocean rates with other retail industry leaders and to gain insight into container shipping market trends, forecasts and best practices through webinars provided to Club members by Drewry.”
Logistics Manager, Leading global electronics and home entertainment brand
“Drewry’s Benchmarking Club has made industry rate data and expertise readily accessible. We successfully leveraged their industry knowledge in our annual ocean carrier contract negotiations and continue to do so when evaluating changes to our organization’s sourcing strategies.”
Fortune 100, International US-Headquartered retail brand
“Benchmarking Club data allows us to see trends from both the market and Drewry point of view which provided strategic value on what to expect during the upcoming procurement process. The comparisons of our company’s position in transit times, rates and shipment methods are of particular value.”
Logistics Director, US FMCG Company
“Drewry has been very helpful to us in benchmarking our shipping costs and in developing strategies to improve our shipping efficiency and cost effectiveness.”
Head of Exports, Del Monte (Philippines)
“I would highly recommend Benchmarking Club to any organisation looking at improving overall efficiency and giving a real-world view of their performance...the Drewry team is super-knowledgeable about everything freight-related.”
Ocean Strategy Manager, Leading US-based Pharmaceutical Company
Working with 3 of the top 10 global retailers (National Retail Federation)
Access to an exclusive ocean freight cost benchmarking club comparing costs on over 14 million teu of freight
The first to publish benchmark container spot market freight rates back in 2006.
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