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NYSHEX to launch in Europe this year

The New York Shipping Exchange has hired its former chairman to run the European arm of the business

NYSHEX has sought to bring enforceable contracts to container shipping. After a successful launch on the transpacific, it is now bringing the service to Europe

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A binding commitment

The pandemic has shown the weakness of box shipping’s laissez-faire relationship with contracts. Now both carriers and shippers can see the benefits of mutually assured commitments

Supply chain chaos rooted in box shipping’s contract culture

There are few things new in container shipping. Today’s problems reflect a long history of both shippers and carriers being wrongly incentivised to commit to what they have agreed to

New York Shipping Exchange raises funds for service expansion

Reliable contracts provide shippers with a way of avoiding ambiguity and securing their supply chain, says NYSHEX chief executive Gordon Downes





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