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

News

At Hamburg port E-mobility Project, BESIC enters crucial phase

Ten battery-operated heavy goods vehicles now transport containers between ships and the yard at the highly automated handling facility in the HHLA Container Terminal Altenwerder (CTA).

Life Rafts Not Functioning On Sunk Ferry's Sister Ship

South Korean investigators said on Friday that life rafts and escape chutes on a sister ship to a sunken ferry were not working properly. The Sewol ferry, weighing almost 7,

Historic Schooner Adventuress to Offer Tours at the Port of Everett

Historic Schooner AdventuressEverett, Wash. - National Historic  Landmark, the schooner Adventuress, will make its annual sail to visit the Port of Everett Marina April 26 - 29.

Software Solutions

DockMaster 8.0 Beta Program Launched

My-Villages, owner of the DockMaster suite of marine business software, launched DockMaster 8.0 for beta testing, which it calls the most powerful version yet with new navigation,

OSI to Integrate Software for UK Royal Navy

OSI Maritime Systems (OSI) announced the signing of a contract to integrate its flagship software, ECPINS-W Sub, into the U.K. Royal Navy’s T45 Destroyer Integrated Bridge System (IBS).

HHI to Deploy 3DEXPERIENCE Design Platform

Hyundai Heavy Industries Selects Marine & Offshore Industry Solution Experiences for Design and Engineering of Offshore Structures Dassault Systèmes, the 3DEXPERIENCE Company,

Logistics

At Hamburg port E-mobility Project, BESIC enters crucial phase

Ten battery-operated heavy goods vehicles now transport containers between ships and the yard at the highly automated handling facility in the HHLA Container Terminal Altenwerder (CTA).

Imperial: Decision on Canadian LNG Project Distant

Imperial Oil Ltd said on Thursday it is not yet close to deciding on whether it will go ahead with a Canadian liquefied natural gas export plant it is exploring

No Lift for Konecranes as Q1 2014 Profit Slips

Finnish crane maker Konecranes on Thursday reported a 32-percent fall in its core quarterly operating profit amid slow demand and tight competition. January-March 2014 operating profit,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Sonar
rss | archive | history | articles | privacy | 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: 0.1057 sec (9 req/sec)