CMA CGM climbs to the top of Schedule Reliability in January 2024

COPENHAGEN : Sea-Intelligence has released the 150th edition of the Global Liner Performance (GLP) report, featuring schedule reliability data up to and including January 2024.

Amidst the ongoing Red Sea crisis, global schedule reliability witnessed a decline, with a month-on-month drop of -5.1 percentage points in January 2024—mirroring the same decrease observed in December 2023—to reach 51.6%. This decrease marks the lowest score since September 2022.

Additionally, on a year-on-year basis, schedule reliability in January 2024 was 0.8 percentage points lower than in January 2023. Notably, due to round-of-Africa sailings, the average delay for late vessel arrivals worsened, rising by 0.59 days month-on-month to reach 6.01 days.

In January 2024, CMA CGM emerged as the most reliable carrier among the top 13, boasting a schedule reliability of 54.7%. Following closely were four other carriers surpassing the 50% mark. The rest of the carriers maintained schedule reliability within the range of 40% to 50%, with Yang Ming ranking as the least reliable carrier with a schedule reliability of 42.2%. Notably, in January 2024, the difference in schedule reliability between the most and least reliable carriers narrowed to its lowest point since February 2023.

“Because of the current Red Sea crisis, and due to significant delays on the round-of-Africa sailings, none of the top-13 carriers were able to record an M/M improvement in schedule reliability, with only 7 carriers recording a Y/Y improvement in January 2024,” stated Alan Murphy, CEO of Sea-Intelligence.