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Container xChange, Drewry Partner to Leverage Cargo Container Data, Analysis

Global shipping consultancy Drewry and Container xChange, a global  marketplace for container trading and leasing, have entered an information-led partnership combining xChange’s rich platform data and Drewry’s research capabilities.

The companies said the partnership gives the maritime and shipping industry access to improved research, consultancy and container logistics market forecasting, enabling enhanced decision making and better market visibility for players in the sector.

“The global supply chain is grappling with many challenges and this partnership will help maritime and supply chain leaders develop robust strategies that are informed by the best data and analysis available,” Christian Roeloffs, founder and CEO of Container xChange, said. “Drewry is the definitive market leader in research and analysis, and with our rich data, this enhanced market offering will bring greater value to the supply chain.”

Container xChange tracks container leasing and trading transactions for millions of containers. This rich data will enable Drewry to develop improved insights and enhance research capabilities.

“We constantly seek new sources of marketplace data to enhance Drewry’s research and advisory services enabling our clients to make informed and timely commercial decisions with conviction,” Martin Dixon, head of research products at Drewry, said.

Roeloffs added that with container prices at extreme rates and container availability unpredictable, data and technology are two areas that can bring “immense resilience and agility to stakeholders in global supply chain.”

Container xChange has a strong footing with freight forwarding networks by partnering with the likes of Atlas Logistics Network, Security Cargo Network, Marco Polo Line Group and Globalink Network. This has allowed networks to diversify their offerings to their members by giving them access to the world’s largest neutral marketplace for trading and leasing of containers.

More than 1,000 companies, such as Kuehne+Nagel, Seaco or Sarjak, use its online platform to gain market transparency, avoid demurrage and detention charges and increase flexibility.

Headquartered in Hamburg, Germany, the company now has more than 200 employees. Last year, Container xChange acquired TankContainerFinder.com, a marketplace for tank container leasing and trading.