Drewry Benchmarking Club data now available on Cargoo’s ocean freight management platform for Club members

Drewry Shipping Consultants, a leading international provider of research and consulting services to the maritime and shipping industry, today announced a partnership with ocean freight management platform, Cargoo, which has selected Drewry Benchmarking Club (BMC) as a benchmarking data source for its customers.

Drewry BMC members who are also Cargoo customers will be able to access their benchmark data directly inside Cargoo, closing the gap between knowing the market and acting on it. The integration is available to Drewry BMC members only.

Tender season puts heavy pressure on procurement teams. In recent Benchmarking Club polls, 44% of members said they need five to seven weeks just to prepare the RFQ, and half need eight to twelve weeks to complete the full bid. One in four could not state their annual detention and demurrage spend.

Knowing where the market stands is rarely the hard part; more often the pressure lies in the work around the tender itself: gathering volumes, harmonising bid sheets round-after-round and keeping contracts on track through the year.

This story was originally published by Hellenic Shipping News. Read the full story at Hellenic Shipping News →