Volume : III, Issue : XI, November - 2013

�Container Freight Procurement & Probable Use of Index Linked Contracts�–An Analysis of Insight Into Shippers� Perspective

Dr. D. Rajasekar, Capt. Dushyant Berry

Abstract :

Looking at the fast growth of global economies and containerization, it did not take much time for more players to get interested in the business and Operators to strive for ever increasing market share. Along with the economic success, also came major complexities in the overall operation of this multifaceted system. Imbalance between supply and demand of slot capacity has created a complex commercial environment among the stakeholders of the containerized industry. While asset owners will remain with the tendency to keep inging new capacity in the market and look out for enhanced market share in view of enhanced operations and better margins, however in order to overcome such character, industry requires tools to manage the risk of highly fluctuating commercials. With such complex environment, this study critically analyses the attitude of freight procurement by the shippers. The aim of the investigation is to see if the shippers follow traditional methods of procurement and the issues they face doing so. The investigation will also emphasize to find the knowledge of shippers in use of Index Linked Contracts and methodology adopted by them for use of such contracts

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr.D.Rajasekar, Capt.Dushyant Berry / �Container Freight Procurement & Probable Use of Index Linked Contracts�-An Analysis of Insight Into Shippers� Perspective / Indian Journal of Applied Research, Vol.3, Issue.11 November 2013

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