Ocean carrier schedule reliability in November slips 2.5pc

4th January, 2024

GLOBAL schedule reliability of ocean carriers recorded the first proper month-on-month decline in November 2023, down 2.5 percentage points to 61.9 per cent, bringing the score in line with that of March 2023, according to Sea-Intelligence Maritime Analysis.

On a year-on-year level however, schedule reliability was 5.4 percentage points higher.

"The average delay for late vessel arrivals continues to creep up, increasing by 0.10 days month on month to 5.02 days. With the month-on-month decrease, the average delay for late vessel arrivals is now on a similar trajectory to what we saw during the same time-period in 2020," 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 With 70.0 per cent schedule reliability in November 2023, Evergreen was the most reliable top-13 carrier, followed by Wan Hai with 68.1 per cent.

Including Wan Hai, six carriers had schedule reliability of 60 per cent-70 per cent, while the remaining six carriers had schedule reliability of 50 per cent-60 per cent.

Mr Murphy pointed out that ZIM was the least reliable carrier with schedule reliability of 52.3 per cent.

"Six of the top-13 carriers recorded a month-on-month increase in November 2023, with Evergreen recording the largest increase of 5.7 percentage points. Five of the 13 carriers recorded double-digit year-on-year improvements, with Evergreen recording the largest improvement of 17.4 percentage points."


Source: shippingazette

January 04, 2024

Singapore port tops 3 billion gross tonnes on Xmas day

THE Port of Singapore posted a record three billion gross tonnes (GT) in annual vessel arrivals, reported St Petersburg's PortNews...

Read more >
January 05, 2024

Air cargo tonnages in Q4 2023 to show 3pc growth: WorldACD

WHILE global air cargo tonnages for December 2023 are expected to be up five per cent year on year, Q4 will be the first quarter o...

Read more >