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Global Container Lines Significantly Improve Schedule Reliability in Feb

Global Container Lines Significantly Improve Schedule Reliability in Feb

The ocean carriers’ global schedule reliability increased sharply by 7.7% month-to-month in February 2023, reaching 60.2%, according to Sea-Intelligence’s Global Liner Performance (GLP) report.

Source: Sea-Intelligence.com, GLP Report, issue 139

The report covers over 60 lines on 34 different trades worldwide.

On a year-to-year level, schedule reliability has marked a staggering 26% rise. Meanwhile, the average delay for late vessel arrivals decreased by 0.07 days month-to-month in February reaching 5.29 days, while it is down 2.30 days year-to-year.

Source: Sea-Intelligence.com, GLP Report, issue 139

Maersk was the most reliable top-14 carrier in February with a score of 64.9%, followed by MSC with 64.4%. Hamburg Süd was the third carrier with a reliability score of over 60%.

In addition, the remaining carriers all had a schedule reliability score between 50% and 60%. ZIM was in the last position in February 2023 with a schedule reliability score of 52% despite its significant improvement.

“All top-14 carriers recorded a month-to-month increase in schedule reliability in February 2023, with PIL, ZIM, and Wan Hai all recording double-digit improvements,” noted Alan Murphy, CEO of Sea-Intelligence.

MMJ News Desk
Author: MMJ News Desk

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