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GLOBAL SHIPPING SCHEDULE RELIABILITY CONTINUES TO IMPROVE
June 30, 2023
Global shipping schedule reliability has continued to improve month/month, with the latest improvement of 2.7 percentage points recorded in May 2023.
Sea Intelligence said in a new report that with this increase, schedule reliability is now up to 66.8%.
Compared to the same point in 2022, schedule reliability is up 30.3 percentage points.
On the other hand, the Danish maritime data analysis firm said the average delay for late vessel arrivals increased slightly, by 0.04 days month/month to 4.39 days.
Despite the increase, it added that the May 2023 figure was still -1.86 days lower year/year while also being better off than in any of the pandemic years.
Meanwhile, Sea Intelligence said Maersk was the most reliable top-14 carrier with schedule reliability of 73.5%, followed by Wan Hai with 70.9% and MSC with 70.4%.
It said that there were 7 carriers with schedule reliability of 60%-70%, with the remaining carriers recording schedule reliability of 50%-60%.
"Unlike previous months, the difference between the most and least reliable carrier increased substantially in May 2023," commented Alan Murphy, CEO, Sea-Intelligence.
He noted that HMM was the least reliable carrier in May 2023, with a schedule reliability of 52.6%.
Sea-Intelligence added that 13 of the top-14 carriers recorded a month/monthly improvement in schedule reliability in April 2023, with HMM recording the only decline of -2.5 percentage points.
The report said on a year/year level, all 14 carriers recorded double-digit improvements in schedule reliability.
