Schedule reliability continues to be low in July 2021
Sea-Intelligence has published issue 120 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including July 2021. As the report itself is quite comprehensive and covers schedule reliability across 34 different trades lanes and 60+ carriers, this press release will only cover the global highlights from the full report.
While schedule reliability is not getting any worse, it is not getting better either, hovering around 35%-40% for most of the year. In July 2021, schedule reliability dropped by -3.8 percentage points M/M to 35.6%. On a Y/Y level, schedule reliability was down a massive -39.7 percentage points. The average delay for LATE vessel arrivals continued to deteriorate in July 2021, increasing by a further 0.35 days M/M to 6.88 days. The level of delays in 2021 have been the highest across each month compared to previous years.
Maersk Line was the most reliable top-14 carrier in July 2021, with schedule reliability of 47.3%. Hamburg Süd was the only other carrier with schedule reliability higher than 40%, with only four carriers between 30%-40%, six between 20%-30%, and the remaining two under 20%. Evergreen had the lowest schedule reliability in July 2021 of 16.2%. None of the carriers recorded a M/M improvement in July 2021. The largest M/M decrease was of -9.6 percentage points recorded by ZIM. None of the top-14 carriers recorded a Y/Y improvement in schedule reliability, with all carriers recording double-digit declines of over -32.0 percentage points.
--- 000 --- END OF PRESS RELEASE --- 000 ---
All quotes can be attributed to: Alan Murphy, CEO, Sea-Intelligence.
|Download press release in PDF||Download press release in Word||Download Excel file with the above chart(s)|