The effort will show how such agreements work in the real world. Companies can view how several different methodologies for those contracts develop and perform against the market in real time. The ILCC demos are available online for free at www.drewrysupplychains.com/ilcc. The partners have published three different contract scenarios, covering different trade routes and methodologies. The contracts run from Jan. 1, 2013 to Dec. 31, 2014. As a result, visitors can view historical performance, as well as ongoing developments, through the end of 2014. The adoption of ILCCs continues to grow, as traditional fixed-rate contracting comes under additional pressure from freight-rate volatility, Drewry said.
