Global shipping schedule reliability showed marked improvement in November, recording a 4.1 percentage increase to  54.8%, according to the latest Sea-Intelligence report.

"[This is] the highest point it has been at in 2024 so far," the Danish maritime data analysis firm said.

This comes after a 0.9 percentage points month-on-month rise in October to 51.5%.

Sea-Intelligence noted that despite the M/M improvement, schedule reliability has largely remained within the 50%-55% range in 2024.

Meanwhile, the report said the average delay for late vessel arrivals improved, decreasing by -0.43 days M/M to 5.41 days.

"Despite the improvement, this is the second-highest figure for the month, only surpassed by the pandemic high of 2021," Sea-Intelligence added.

For November, Maersk was the most reliable top-13 carrier with schedule reliability of 61.9%.

The report noted that there were 8 carriers with schedule reliability of 50%-60%, with the remaining 5 carriers within a narrow 47%-50% range.

For the month, Wan Hai was the least reliable with 47.3% schedule reliability, Sea-Intelligence said.

In November 2024, the difference between the most and least reliable carriers dropped to under 15 percentage points.

"All top-13 global carriers recorded an M/M improvement in schedule reliability, with PIL recording the largest increase of 14.6 percent points," the report said.

It added that on a Y/Y level, only Yang Ming recorded an improvement, while 6 carriers recorded double-digit declines.