NYSHEX

What is the New York Shipping Exchange? Navigate B2B (with video)

Navigate B2B 11/20

Steve Ferreira and Gordon Trouncer Downes walk through the ins and outs of NYSHEX 

Steve Ferreira breaks down the NYSHEX with its founder and CEO.

The New York Shipping Exchange (NYSHEX) is a solution developed for the ocean freight industry by its stakeholders. It’s a resource to gain an understanding of the current market space and to give companies reliable access to digital contracting. 

In this episode of Navigate B2B, host Steve Ferreira, the founder and CEO of Ocean Audit, brings on the...

https://www.freightwaves.com/news/what-is-the-new-york-shipping-exchange-navigate-b2b-with-video

NYSHEX raises new funds to progress harmony between shippers and carriers

The New York Shipping Exchange (NYSHEX) has set its sights on providing more technology to shippers, with an initial focus on retailers, after raising $13.5m in new capital.
Investment fund NewRoad Capital led the funding round and has joined the list of NYSHEX shareholders.
NYSHEX provides the liner industry with a “simplified and standardised over-the-counter exchange for entering enforceable freight contracts”, which shippers and NVOCCs can use free after receiving accreditation – …

The post N...

https://theloadstar.com/nyshex-raises-new-funds-to-progress-harmony-between-shippers-and-carriers/

NYSHEX, carriers push for more binding ocean shipping contracts

container ship of NYSHEX carrier

Renege on a cargo contract in tanker or dry bulk shipping and your counterparty will attach your assets and drag you into arbitration. Containerized freight contracts are different — more like Third World traffic rules (that red light you see is just a suggestion). Promised cargo might not show up. Ships might not load the cargo that does.

Efforts to change this are now gathering steam, particularly in the wake of massive coronavirus disruptions to containerized trade. A rising number of ocean...

https://s29755.pcdn.co/news/enforceable-box-transport-gathers-steam-as-nyshex-scores-funding

ONE Joins New York Shipping Exchange

Ocean Network Express (ONE) said it will start offering container slots on a digital exchange as it seeks to “further enhance customer experience“ says a press release published on their webiste.

Japan’s joint venture

The joint venture of Japan’s three largest shipping companies, ONE will tap the New York Shipping Exchange (NYSHEX) to offer trans-Pacific eastbound container space. January sailing slots will be available on the platform from mid-December onward, it said.

NYSHEX’s platform offers...

http://mfame.guru/one-joins-new-york-shipping-exchange/

How strong is the digital traction in container shipping?

Getting hard numbers about the take-up of digital services in container shipping – whether it is booking freight through neutral online platforms, or utilising digital-first freight forwarders – has hitherto been pretty difficult, which has left the debate of shipping’s digitisation often feeling obscured. However, here’s Lars Jensen to the rescue, with a LinkedIn post that fills in some of the blanks and clearly indicates that the adoption of digital …

The post How strong is the digital...

https://theloadstar.com/how-strong-is-the-digital-traction-in-container-shipping/

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