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International Shipping
Slowdown in ocean carrier schedule reliability in April
Date:2023-06-02 Readers:
GlOBAL schedule reliability of ocean carriers has continued to improve month on month, although the strength of the improvements have declined with each proceeding month, according to Sea-Intelligence Maritime Analysis.

In April 2023, schedule reliability improved by 1.7 percentage points month on month to 64.2 per cent, up 29.9 percentage points compared to the same month last year.

"Average delay for late vessel arrivals also continued to decrease, with the April 2023 figure dropping by minus 0.72 days month on month to 4.34 days. This is minus 2.22 days lower year on year and is now also lower than the respective 2020 figure," said Alan Murphy, CEO, Sea-Intelligence.

The latest issue of the Sea-Intelligence Global Liner Performance (GLP) report, which covers schedule reliability across 34 different trade lanes and more than sixty carriers, showed that Maersk was the most reliable top-14 carrier with schedule reliability of 70.3 per cent, followed by MSC with 68.0 per cent, and Evergreen with 67.1 per cent.

There were 6 more carriers with schedule reliability of over 60 per cent. The remaining carriers all had schedule reliability of 50 per cent to 60 per cent and were within 5.0 percentage points of each other.

"Yang Ming was the least reliable carrier in April 2023 with schedule reliability of 52.1 per cent. Only 7 of the top-14 carriers recorded a month on month improvement in schedule reliability in April 2023, with Evergreen recording the largest improvement of 4.6 percentage points," according to the GLP report.

All top-14 carriers recorded double-digit year-on-year improvements, with Wan Hai recording a 43.5 percentage point improvement.

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