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NYSHEX Enhancement Guarantees Direct Container Shipping Service Contracts

The New York Shipping Exchange (NYSHEX), whose vision is to increase ocean reliability through more effective digital contracting, announces the launch of an enhancement allowing shippers and carriers to utilize the NYSHEX framework and technology to secure, monitor and enforce ocean contracts signed outside of the Exchange. Having secured over 90k TEUs with 98%+ contract fulfilment, NYSHEX has demonstrated that when there is accountability in contracting, reliability increases. Unlike liquidated ... [+]

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