Schedule reliability improves slightly in February 2022
Sea-Intelligence has published issue 127 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including February 2022. 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.
Global schedule reliability improved M/M in February 2022 by 4.0 percentage points, reaching 34.4%, the first significant M/M improvement we have seen in schedule reliability since March 2021. In February 2022, the schedule reliability score was only marginally lower Y/Y. The average delay for LATE vessel arrivals also improved M/M, decreasing by -0.77 days to 7.11 days in February 2022. That said, the delays have now been over 7 days since August 2021, and continue to be the highest across each month when compared historically, as the delay figure for February 2022 was 0.16 days higher Y/Y.
Maersk was once again the most reliable top-14 carrier in February 2022, with schedule reliability of 47.8%, followed by Hamburg Süd with 42.4%. Only MSC, CMA CGM, and ZIM had schedule reliability between 30%-40%, with 8 carriers recording schedule reliability of 20%-30%. Only Wan Hai had schedule reliability of under 20%, of 18.7%, making it the least reliable top-14 carrier in February 2022. Only HMM recorded a M/M decline in schedule reliability, with Evergreen recording the largest M/M improvement. On the other hand, 8 carriers recorded a Y/Y decline in schedule reliability, with Wan Hai recording the largest decline.
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All quotes can be attributed to: Alan Murphy, CEO, Sea-Intelligence.
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