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Supply Chain Advisors
Low-sulphur Bunker Price Tracker
We’ve introduced a simple, clear indexing mechanism to help determine changes in the BAF charges during the lifetime of a contract.
Our new low-sulphur bunker price tracker is intended to standardise, clarify and simplify the adjustment of Bunker Adjustment Factors (BAFs) between shippers and carriers or forwarders. By streamlining the process and agreeing common bunker price measurement periods, BAF adjustment periods, fuel prices and index formulae, we hope to bring much needed clarity to challenges the regulatory change presents.
Drewry has now published its first Bunker Adjustment Factor reference price based on low-sulphur fuel and in line with its new, independent BAF indexing mechanism.
To better understand your BAF fuel costs following the IMO low-sulphur regulatory change, contact us:
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Areas of Expertise
Recent News
20 May 2020
Satisfaction survey in container transport: availability of cargo space now number one customer requirement
Container shipping lines’ ability to provide cargo space as needed showed a marginal improvement in 2019, but this gain will have been dramatically reversed by the end of the first half of this year, according to the fourth annual shipper satisfaction survey of Drewry and the European Shippers’ Council (ESC).
28 Apr 2020
Drewry Forwarder Benchmarking Club achieves global coverage milestone
Drewry’s online ocean freight cost comparison service for freight forwarders and non-vessel operating common carriers (NVOCCs) achieves a significant participation milestone.
Recent Projects
Market entry strategy for digital 'procure-to-pay' solution
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.
e-sourcing global ocean tender management solution: e-SOFS
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).
The first company to provide detailed and regular slow-steaming analysis for the container industry (Container Forecaster)
The first independent consultancy to publish liner schedule reliability rankings in 2005
Access to an exclusive ocean freight cost benchmarking club comparing costs on over 2 million teu of freight for more than $2.3bn of freight spend.
We were the first to publish benchmark container spot market freight rates in 2006.
