LLamasoft and Drewry Announce Partnership

Marinelink.com
Thursday, July 18, 2013

Drewry’s Global Ocean Container and Air Freight Rate Benchmarks Available to LLamasoft Customers for Use in Supply Chain Modeling.
 

LLamasoft, a global leader in supply chain design software solutions, and Drewry Maritime Research, the leading provider of freight rate benchmarking today announce a partnership to make Drewry’s global ocean container and air freight rate benchmarks available to LLamasoft customers for use in supply chain design.  LLamasoft will resell Drewry’s Container Freight Insight (CFRI) and Sea & Air Shipper Insight (SASI) benchmarking products as part of the new LLamasoft Data Services offering.


Drewry publishes container freight rate benchmarks on over 600 international trade routes as well as several aggregated indexes in its Container Freight Rate Insight which is available online at www.drewry.co.uk/cfri. It also publishes air freight rate benchmarks on 21 East-West trades in its Sea and Air Shipper Insight. The data is widely used for benchmarking and market analysis and is a key component in modeling new supply chain and transportation networks.


The benchmarking service will enable LLamasoft customers to understand global ocean and air freight rate market trends to help determine the cost and feasibility of new network structures and shipping locations.


“Our collaboration with LLamasoft enables Drewry’s freight rate benchmarks to be used by a wider community of users who will benefit from reliable, trusted market information which has become the industry standard,” said Drewry director Philip Damas.


“Drewry is the gold standard for ocean rates, benchmarking and analysis. Missing or incomplete data remains one of the biggest hurdles to overcome in most supply chain design efforts. This partnership continues to deliver on our commitment to solve the missing data problem for LLamasoft customers and ensure that every supply chain design study or project is a success,” said LLamasoft president and CEO Donald Hicks.


Drewry urges shippers to consider adopting index-linking as a mechanism to avoid contract default in the current environment of major price volatility.

 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Container Ships

Liebherr to Deliver RTGs to Mayotte and Manila

Liebherr confirms orders for variable speed RTGs and electric RTGs. DPWorld Asian Terminals Inc. has placed an order with Liebherr Container Cranes for a further 5 RTGs at its Manila facility.

UASC Targets Expansion to Beat Container Market Blues

UASC expects to reach volume of 2.35 mln TEU in 2014 Global carriers still struggling with weak conditions United Arab Shipping Company (UASC) is on a major expansion drive,

DP World Receives 1st Scheduled Vessel at New Terminal

DP World has yesterday welcomed the first scheduled vessel to call at its new Container Terminal 3 in Jebel Ali, Dubai, as it gears up to serve customers at the state-of-the-art facility.

News

WFW Advises ING Bank on $340m Loan Facility for Euronav

Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.

UN Authorizes Ship Inspections Near Somalia For Arms, Charcoal

The United Nations Security Council authorized the inspection of boats suspected of carrying illegal shipments of charcoal or weapons to and from Somalia on Friday,

Clean Marine Wins New Contract

Clean Marine has been selected by Hyundai Mipo Dockyard in South Korea to supply exhaust gas cleaning systems (EGCS) for two new MR tankers. IMO’s convention

Software Solutions

Ecoships Claims 15% Ship Efficiency Gain

Ecoships introduced a customized version of the Six Sigma DMAIC approach to process and performance evaluation in order to optimize the energy-efficiency of the vessels under its management.

General Dynamics is Link Govt-level Security to Consumer Smartphone

General Dynamics C4 Systems recently received the Defense Mobile Classified Capability (DMCC) contract from the National Security Agency (NSA). As part of the contract,

GOST Security System thwarts Break-in

GOST (Global Ocean Security Technologies), announced that its GOST Insight HD GPS Security System was instrumental in foiling the theft of electronics onboard a powerboat in Aventura, Florida.

Logistics

UN: Ship Inspections near Somalia for Arms, Charcoal

The United Nations Security Council authorized the inspection of boats suspected of carrying illegal shipments of charcoal or weapons to and from Somalia on Friday,

Singapore Bunker Meter Mandate Targets 'Frothy Fuel'

Singapore, the world's biggest bunkering port, plans to end the so-called "cappucino effect" in ship fuelling through new meters designed to stop suppliers from short-changing customers,

Antwerp Port Achieves Highest Throughput

The port of Antwerp handled a freight volume of 148,344,168 tonnes during the first nine months of this year. That’s 3.7% more than the same period last year. Both

 
 
Maritime Careers / Shipboard Positions Naval Architecture Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1231 sec (8 req/sec)