COSCO LICENSES CELARIX RATE EXPLORER
China Ocean Shipping Co. Inc. has licensed Celarix Rate Explorer to automate COSCO's contract, tariff and pricing activities.
Under the agreement, Celarix will host Celarix Rate Explorer, allowing COSCO to manage their service contracts and rate tariffs internally.
COSCO owns and operates more than 500 merchant ships, amounting to 20 million deadweight tons of capacity.
Celarix, based in Cambridge, Mass., is a provider of tariff and service contract automation services.