Don’t expect your cargo to arrive on time

by | 27 Aug 2021 | International News

Carriers are no less reliable – but they’re also no better.

That’s the finding of the latest survey undertaken by maritime consultancy Sea-Intelligence.

Its Global Liner Performance (GLP) report, which includes figures up to and including July, reveals that reliability has been hovering around 35%-40% for most of the year.

In July it dropped by -3.8 percentage points month-on-month (m-o-m) to 35.6%. On a year-on-year (y-o-y) level it was down a massive -39.7 percentage points. The average delay for late vessel arrivals continued to deteriorate, increasing by a further 0.35 days m-o-m to 6.88 days.

The level of delays this year has been the highest across each month compared to previous years.

Maersk Line was the most reliable carrier in July (47.3%) followed by Hamburg Süd, the only other carrier with a figure higher than 40%.

Evergreen was the least reliable, coming in at 16.2%.

None of the carriers recorded a m-o-m improvement, while the largest decrease of -9.6 percentage was recorded by ZIM. Not one posted a y-o-y improvement, with all of them seeing double-digit declines of over -32.0 percentage points.

As the report is quite comprehensive and covers schedule reliability across 34 different trade lanes and 60+ carriers, this article covers only the global highlights from the full report.

Source: https://www.freightnews.co.za/article/dont-expect-your-cargo-arrive-time