Schedule reliability improves again in March 2022
Sea-Intelligence has published issue 128 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including March 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 continues to slowly creep upwards, recoding a marginal M/M improvement yet again, with the March 2022 figure reaching 35.9%. Despite being the highest 2022 reliability figure so far, the March 2022 score is still slightly below the 2021 level. The average delay for LATE vessel arrivals decreased once again, this time by -0.32 days to 7.26 days in March 2022. Despite the improvement, the average delay figure has now been over 7 days since August 2021 and continues to be the highest across each month when compared historically.
With schedule reliability of 50.3%, Maersk was the only carrier with a score of over 50%, followed by Hamburg Süd with 45.9%. There were seven carriers with schedule reliability of 30%-40% and five with schedule reliability of 20%-30%. In March 2022, a lot of the carriers were very close to each other in terms of schedule reliability, with 10 carriers within 8 percentage points of each other. Wan Hai had the lowest schedule reliability in March 2022 of 22.6%. On a Y/Y level, only 3 of the top-14 carriers recorded an improvement in schedule reliability in March 2022, with the largest improvement of just 1.6 percentage points.
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All quotes can be attributed to: Alan Murphy, CEO, Sea-Intelligence.
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