BHP may have recently pioneered on-line chartering, but other major miners say the technology still leaves a lot to be desired.

“What we have seen so far is pretty underwhelming to be honest,” Peter Lye, head of shipping at Anglo American told delegates at the TradeWinds Shipowners Forum in Singapore.

Fiete Kallenberg, head of capes in Asia Pacific for Cargill Ocean Transportation, agreed saying that he haven’t seen anything in the market, or a product, that was suitable right now.