Schedule reliability continues to be under 40% in 2021
Sea-Intelligence has published issue 123 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including October 2021. As the report itself is quite comprehensive and covers schedule reliability across 34 different trade lanes and 60+ carriers, this press release will only cover the global highlights from the full report.
Schedule reliability recorded another marginal improvement in October, of 0.4 percentage points to 34.4%, maintaining the range of 34%-40% seen throughout the year. The only “positive”, if one should call it that, is that schedule reliability is not plummeting further. On a Y/Y level, schedule reliability in 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, which has been a theme throughout 2021.
Maersk was once again the most reliable top-14 carrier in October 2021, with schedule reliability of 46.4%, followed by Hamburg Süd with 38.1%. Another three carriers had schedule reliability between 30%-40%, with five carriers recording schedule reliability of 20%-30%. Four carriers had schedule reliability of under 20%, with Evergreen recording the lowest October 2021 schedule reliability of just 13.4%. Ten carriers recorded a M/M improvement in schedule reliability, while no carrier recorded a Y/Y improvement in schedule reliability, with all but three carriers recording double-digit Y/Y declines of over 20.0 percentage points.
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All quotes can be attributed to: Alan Murphy, CEO, Sea-Intelligence.
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