CLECAT joins Drewry-ESC transparent tool for bunker charges

Brussels, London, 30 June 2020 – European forwarders’ association joins industry initiative on a fair, neutral bunker adjustment factor indexing mechanism for shippers, forwarders and shipping lines.

The mechanism was the result of the ESC-Drewry IMO toolkit reference group, a committee of Drewry procurement professionals and 10 ESC member shippers formed in 2019 and has been adopted by both Drewry shipper customers and ESC shipper members since its publication.

The three industry expert groups also plan to work on areas of cooperation, possibly covering further resources, transparency or easier standard contract practices for all stakeholders in the maritime and logistics sectors.

For more information, please see the Press Release.