Hapag-Lloyd tops schedule reliability rankings, MSC suffers largest decline

GENEVA : In June, global schedule reliability dropped by 1.2 percentage points, compared with the previous month, to 54.4%, according to the latest Sea-Intelligence Global Liner Performance (GLP) report.

This is keeping in line with the trends seen so far in 2024, say the Danish analysts, where global schedule reliability has largely been within 50%-55%.

On a year-on-year level, however, schedule reliability in June 2024 was down 9.8%.

Additionally, the average delay for late vessel arrivals also deteriorated, increasing by 0.04 days month-on-month to 5.19 days.

“This is now the third-highest figure for the month, only surpassed by the pandemic highs of 2021-2022. On a Y/Y level, the June 2024 figure was 0.82 days higher,” noted Sea-Intelligence in the analysis.

Regarding the schedule eliability of the ocean carriers, German Hapag-Lloyd stood out in June with 55.4% score. There were another nine carriers above the 50% mark, with the remaining three carriers in the 40%-50% range. Israel-based ZIM was the least reliable carrier with schedule reliability of 44.4%.

Of the top-13 carriers, seven recorded a month-on-month improvement in schedule reliability, with Taiwanese Yang Ming recording the highest improvement of 6.1 percentage points. ZIM recorded the largest M/M decline of 3.3 percentage points.

On a Y/Y level, only HMM and Yang Ming recorded an increase in schedule reliability, while MSC recorded the largest Y/Y decline of 18.5 percentage points.