Business Daily from THE HINDU group of publications
Thursday, Aug 31, 2006
Business Daily from THE HINDU group of publications Thursday, Aug 31, 2006 |
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Logistics
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Shipping Industry & Economy - Infrastructure Clarkson, Synchronet tie up to form new trading platform Our Bureau
Self-serviced platform Will enable a full spectrum of industry participants to trade (current and forward) capacity and cargo opportunities via a genuinely neutral site in a secure environment. Designed specifically for incremental cargo and capacity opportunities. Will offer trading of "ad hoc" slots for full (or empty) containers amongcarriers and between deep sea, short sea carriers and leasing companies. Will provide registered users a site for fresh and relevant container industry research and data.
Kolkata , Aug. 30 An open market for buying and selling of slots on container ships, to be launched later this year, might bring to an end the secrecy that usually surrounds freight rate negotiations. This follows the decision of Clarkson PLC, the world's largest provider of shipping services, to launch in partnership with Synchronet Marine Inc, a leading provider of technology based container interchange services, a new joint venture, Global Slot Network Ltd. The new company will provide a platform to facilitate the trading of container freight and slot capacity online. With headquarters in London, it will have representative offices in Asia and the US. This new Business-to-Business (B2B) self-serviced platform will enable a full spectrum of industry participants to trade (current and forward) capacity and cargo opportunities via a genuinely neutral site in a secure environment, according to a release issued by Clarkson. This multi-carrier, multi-shipper and multi-forwarder exchange is designed specifically for incremental cargo and capacity opportunities. The platform will also offer trading of "ad hoc" slots for full (or empty) containers amongcarriers and between deep sea, short sea carriers and leasing companies, and provide registered users a site for fresh and relevant container industry research and data. The platform is currently undergoing rigorous testing and enhancement in consultation with a panel from within the industry, and will be ready for open registration from early September and for live trading from early November. "This development should bring greater transparency to an industry which requires modernising,'' observes Clarkson's CEO, Mr Richard Fulford-Smith. "This platform effectively provides a new marketing channel for participants to expand commercial opportunities," says Synchronet CEO, Mr Will Middleton, the release adds.
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