Cargoo and Drewry, the maritime research and advisory firm, are partnering to enable common customers of Drewry and Cargoo direct access to benchmarking into the Cargoo platform. For shippers, it closes the gap between knowing the market and acting on it.
Why this matters
Tender season puts heavy pressure on procurement teams. In Drewry Benchmarking Club polls, 44% of members need five to seven weeks just to prepare the RFQ, half need eight to twelve weeks to complete the full bid, and one in four could not state their detention and demurrage spend for the year.
The market view is the settled part. The pressure sits in the work around the tender: gathering volumes, harmonising bid sheets round after round and keeping contracts on track through the year.
What changes for customers
Set targets with confidence: Drewry benchmarks and seven-quarter forecasts sit against every lane in scope.
Run rounds faster: each carrier offer is evaluated against the benchmark lowest and average rates as it comes in.
Keep the savings: every booking is priced at the awarded rate, and freight audit checks each invoice line while it is still disputable.
Learn every season: performance and spend data feed next season’s targets.
A milestone for the platform
Benchmarks have always lived in separate files from the tender itself. With Drewry inside Cargoo, market intelligence and execution share one workflow, from the first RFQ to the last invoice of the year.
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