Schedule reliability unchanged M/M in October 2023 : Sea Intelligence

COPENHAGEN : Sea-Intelligence has published issue 147 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including October 2023. 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 remained unchanged M/M in October 2023 at 64.4%. Barring the increase in May, schedule reliability has been ranging within 2 percentage points since March 2023. On a Y/Y level, schedule reliability was 12.6 percentage points higher. The average delay for LATE vessel arrivals continues to creep up, increasing by 0.33 days M/M to 4.90 days. With the M/M decrease, the average delay for LATE vessel arrivals is now on a similar trajectory to what we saw during the same time-period in 2020.

With 71.1% schedule reliability in October 2023, Maersk was the most reliable top-13 carrier, followed by MSC with 68.5%. Including MSC, 6 carriers had schedule reliability of 60%-70%, while the remaining 6 carriers had schedule reliability of 50%-60%. HMM was the least reliable carrier with schedule reliability of 53.7%. 6 of the top-13 carriers recorded a M/M increase in October 2023, with HMM recording the largest increase of 7.7 percentage points. 11 of the 13 carriers recorded double-digit Y/Y improvements, with Wan Hai recording the largest improvement of 22.8 percentage points.

Source : Sea intelligence