Eco-friendly ships remain scarce globally as fuel supply uncertainties hinder progress

Shipping companies around the world are moving to introduce eco-friendly ships, but the proportion of eco-friendly ships among the total fleet remains in single digits. There are concerns that as ‘carbon neutrality’ formally begins in 2050, a shortage of alternative fuel supplies could become a serious issue. According to the Korean Shipowners’ Association on the …

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Xeneta unveils index-linked contract simulator, backed by the industry’s most comprehensive and neutral ocean container freight data

Xeneta has launched an index-linked contract (ILC) simulator to help shippers navigate ocean freight container market volatility and end procurement inefficiency. The new ILC Simulator – now available in the Xeneta platform – allows shippers to compare traditional fixed-rate contracts with index-linked contracts using sample corridor data or their own historical ocean container freight rates. …

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Drewry extends global coverage in flagship Container Freight Rate Insight service

Drewry Supply Chain Advisors, the ocean freight cost benchmarking and procurement support division of Drewry Shipping Consultants, is pleased to announce a significant expansion to the lane (port pair) coverage within its flagship spot market ocean freight rate benchmarking service, Container Freight Rate Insight (CFRI), effective from 30 April. The culmination of an 18-month data …

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