• Home
  • Press Room
  • 2023-Q1 reliability rises close to pre-pandemic levels

2023-Q1 reliability rises close to pre-pandemic levels

There were noticeable improvements across all metrics of schedule reliability and average delay on a global, carrier, carrier alliance, and trade lane level in 2023-Q1. This continues a trend that we saw for most of 2022 as well, with the metrics now closer to the pre-pandemic levels than to the below-par service levels of the pandemic-impacted years.

On a global level, schedule reliability increased to 58.3%, which was a 3.4 percentage point (PP) increase Q/Q, and a 24.9 PP improvement Y/Y. In similar vein, the average delay for ALL vessel arrivals improved to 1.70 days, dropping by -2.88 days Y/Y, while the average delay for LATE vessel arrivals improved to 5.23 days, a notable -2.43 day improvement Y/Y.

 

As for the top-14 shipping lines (shown in Figure 1), all of them recorded double-digit Y/Y improvements, with 4 of them recording improvements of over 30 PP. Maersk was the most reliable carrier in 2023-Q1 with schedule reliability of 63.6%, with MSC the only other carrier with schedule reliability higher than 60%. 11 of the 12 remaining shipping lines were within 50%-60%, with Yang Ming the only exception with schedule reliability of 49.9%.

The three carrier alliances also recorded sharp Y/Y improvements in schedule reliability, although only 2M and Ocean Alliance outperformed the industry on the East/West alliance trades, but that too by under 2 PP. THE Alliance on the other hand underperformed the industry by a significant -12.1 PP.

All of the six major East/West trades recorded double-digit Y/Y improvements in schedule reliability, although all of them underperformed compared to the global industry average.

  

 --- 000 --- END OF PRESS RELEASE --- 000 ---

 All quotes can be attributed to: Alan Murphy, CEO, Sea-Intelligence.
For more information, please contact: This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it., This email address is being protected from spambots. You need JavaScript enabled to view it. 

Download this press release in PDF   Download this press release in Word   Download Excel file with the above chart(s)
Download press release in PDF   Download press release in Word   Download Excel file with the above chart(s)

Sea-Intelligence Pte Ltd
Centennial Tower #17-13
3 Temasek Avenue
Singapore 039190
This email address is being protected from spambots. You need JavaScript enabled to view it.

Sea-Intelligence ApS
Vermlandsgade 51
2300 Copenhagen S
Denmark
This email address is being protected from spambots. You need JavaScript enabled to view it.