Tuesday 17th Jul, 2018

Mizzen first to launch live container pricing

Mizzen Group chairman, Dr Alan Taylor. Photo: Mizzenit
Mizzen Group chairman, Dr Alan Taylor. Photo: Mizzenit

GLOBAL freight forwarder marketplace, Mizzenit.com, says it has “successfully launched” a live spot pricing mechanism for some of the world’s largest shipping lines.

According to a company statement, Mizzenit.com now provides instant spot rates for more than 15,300 port pairs (import, export & cross trade) for the following trades:

  • Oceania to/from Australia
  • Australia/Oceania to/from Asia
  • Australia/Oceania to/from Europe, Middle East Gulf & Indian subcontinent
  • Australia to/from the Indian Ocean

The launch of instant rates includes some of the largest global shipping lines and more than 25% of total global container shipping capacity.

Mizzen Group chairman, Dr Alan Taylor, said they were excited to be working with the global shipping industry to bring more efficiencies to rate procuring and booking.

“We will be adding new lines over the coming weeks to increase live pricing capacity, as well as new trade lanes and more product opportunities so freight forwarders can spend more time winning new customers, and less time chasing prices and space,” Dr Taylor said.

Live pricing aims to complement an export and import rate request and booking function available through the mizzenit.com website.

Participating lines are said to represent about 55% of global container shipping capacity.

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