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.
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.
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).
Confidential contract freight rate intelligence from the market leader in freight cost benchmarking
Exclusive to shippers, our Benchmarking Club allows participating members to confidentially compare their contract shipping costs against their peers based on genuine, shipper-only, buy-rate comparisons.
Membership features
Membership is exclusive to shippers (importers and exporters only - not freight forwarders, carriers or NVOCCs)
Access container contract and spot market rate insights, freight rate forecasts and comprehensive market assessments
Receive a detailed and fully customised report from our lead analyst every quarter
Be confident with your negotiating position with prospective and existing carriers
Demonstrate to internal stakeholders current contract rates are competitive
Gain internal support and approval for transportation budgets
Enjoy numerous member privileges, including access to Drewry's Container Freight Rate Insight service as part of the package and container market outlook briefings and best practice forums
Ahead of the IMO 2020 low sulphur regulatory change, Drewry has begun providing members of its Benchmarking Club service with quarterly benchmarks on contract Bunker Adjustment Factors (BAFs).
Drewry Benchmarking Club welcomes one of the world’s leading automotive and energy companies to its exclusive, online ocean freight cost comparison service.
Customised Real Time Benchmarking ·
Latest release 01 Dec 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.