Are index-based shipping contracts a trap for BCOs?

Dr Raymon Krishnan, president of Singapore’s Logistics & Supply Chain Management Society, ponders the risks of index-based freight contracts. For many beneficial cargo owners (BCOs), index-based freight contracts are increasingly positioned as the modern, data-driven answer to volatile shipping markets. On paper, they promise transparency, fairness, and alignment with prevailing market conditions.  In practice, however, …

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