SCHEDULE RELIABILITY CONTINUES ITS UPWARDS TREND

Shipping schedule reliability continued its uptrend in the last month of 2022, albeit improving at a marginal rate from the month prior.

 

Sea Intelligence said that compared to November 2022's performance, the December figure was just marginally better.

 

Self Photos / Files - image (26)

 Source: Sea-Intelligence

"The rapid increase in schedule reliability that we have been seeing in the second half of the year has abated somewhat, with the month-on-month increase in December of a marginal 0.1 percentage points to 56.6%," the report said.

 

Self Photos / Files - image (27)

 Source: Sea-Intelligence

It added that the average delay for late vessel arrivals had been dropping consistently since the turn of the year.

 

"In December 2022, however, the average delay increased slightly by 0.34 days M/M and reached 5.43 days," said Alan Murphy, CEO, Sea-Intelligence.

 

MSC most reliable in December

 

For the month, Sea Intelligence said in its report that MSC was the most reliable top-14 carrier in December, with schedule reliability of 63.3%, followed by Maersk with 60.1%.

 

Self Photos / Files - image (28)

 Source: Sea-Intelligence

The next 10 carriers recorded schedule reliability between 50%-60%, with only Yang Ming and ZIM recording schedule reliability of under 50%, at 47.7% and 47.2%, respectively.

 

Sea Intelligence noted that 10 of the top-14 carriers recorded a month-on-month improvement in schedule reliability in December 2022, while MSC recorded no change, and 3 carriers recorded a decline.

 

It added that Yang Ming recorded the largest increase of 5.3 percentage points, while ZIM recorded the largest month/month decline of -6.1 percentage points.

 

All carriers recorded double-digit year-on-year improvements though," Sea Intelligence said.

 

This is the 137th Global Liner Performance (GLP) report published by Sea-Intelligence. It covers schedule reliability across 34 different trade lanes and 60+ carriers.