Shippers welcome plan for new index to improve liner reliability

September 6, 2019 Alexander Whiteman

Shanghai Shipping Exchange (SSE) and software solutions provider Cargosmart have teamed up to tackle vessel reliability concerns among shippers. 
They will work together to develop a new method of calculating schedule reliability on key tradelanes to help shippers optimise their supply chains.  
Vice president of SSE Yao Weifu said they aimed “to deliver a new shipping index that increases transparency to ocean carrier performance”. 
According to reports, global containership reliability hovers at an embarrassing 80%, and chief commercial officer of Cargosmart Lionel Louie believes this ...

The post Shippers welcome plan for new index to improve liner reliability appeared first on The Loadstar.

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