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.
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.
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.
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).
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Latest release 01 Nov 2019
How do your container shipping costs compare with your peers...? Our Benchmarking Club allows participating members to confidentially benchmark their contract shipping costs against their peers based on genuine, shipper-only, buy rate comparisons. Combine benchmarks and market intelligence with unique rate forecasts to maximise your procurement results.
The world’s first and only global source of container spot market freight rates on all the major routes. An essential reference for importers, exporters, freight forwarders and other industry stakeholders requiring up-to-date and independently researched container shipping cost benchmarks.