With schedule reliability edging up slightly – but still well below acceptable norms – some analysts have said that for shippers price is sometimes secondary to the predictability of getting the product to market.
All the more reason for carriers to focus on schedule integrity – with the likes of Evergreen, at the bottom of the pile, registering just 13.4%.
There was a marginal improvement in reliability in October of 0.4 percentage points to 34.4%, maintaining the range of 34%-40% seen throughout the year, according to the latest Global Liner Performance report, compiled by maritime consultancy Sea-Intelligence, and covering the period up to and including October 2021.
“The only “positive”, if one should call it that, is that schedule reliability is not plummeting further,” said Sea-Intelligence CEO Alan Murphy.
On a y-o-y level, October 2021 was down -18.0 percentage points. The average delay for late vessel arrivals also improved marginally, dropping to 7.34 days, albeit still the highest figure for this month. “ This has been a theme throughout 2021,” said Murphy.
Maersk was once again top of the log, achieving 46.4% reliability, followed by Hamburg Süd at 38.1%. Another three carriers were within the 30%-40% range, with five recording 20%-30%.
Four were under 20%.
Ten recorded a m-o-m improvement, none a y-o-y improvement – with all but three carriers showing double-digit declines of over 20.0 percentage points.
This report covers the global highlights from the full report which is extensive.