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Shippers can easily determine the competitiveness of the rates that they are paying against the spot market.
Shippers can find out the approximate cost of shipping on new or unfamiliar routes without issuing a request for quotation for all the possible routes.
Shippers can assess the trends and levels of spot rate benchmarks to help define negotiation objectives, tactics and optimal timing for their annual contracts, noting that spot rates are a leading indicator of annual contract rates.
Forwarders can prove to their customers that the rates that they charge are market competitive.
Shippers, carriers and forwarders can use the Drewry benchmarks as contractual indices for rate reviews and as an independent index for index-linked contracts.
Drewry is a trusted and internationally recognised source of seafreight and airfreight rate benchmarks, whose rate benchmarks are quoted in Lloyd’s List, the Journal of Commerce, the Hong Kong Shippers Council’s Shippers Today and IATA reports.

Service level	Available for which routes?	Period	Includes access to historical data?	Pricing
Level 1 Ad hoc enquiry on current rate benchmarks on main routes	About 600 main routes (contact us for list of routes)	Current benchmarks only	No	£100 per enquiry per route
Level 2 Ad hoc enquiry on current rate benchmarks on customer-nominated uncommon routes	No limit on availability (Drewry will research as per customer requirement)	Current benchmarks only	No	£100+ per route (final price on request)
Level 3 Ongoing benchmarking of rates for a year on all main routes	About 600 main routes (see list below)	1 year	No	£1,195 a year (through Container Freight Rate Insight subscription)
Level 4 On-going benchmarking of rates for a year on all main routes, including historical data and online access to downloads	About 600 main routes (see list below)	1 year	Yes	£1,600+ a year (through Container Freight Rate Insight and online database subscription) (final price on request)
Level 5 On-going benchmarking for customer-nominated uncommon routes or for reefer or tank container rates	No limit on availability (Drewry will research as per customer requirement)	1 year	No	£1,195 fixed cost + £200+ per customer-nominated uncommon route (final price on request)

For enquiries and questions, contact us at supplychains@drewry.co.uk with your full contact details or call one of our offices.

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In a world where port congestion is a serious issue, some regional ports are operating well below capacity.

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