Global shipping schedule reliability, which has been on an upwards trend throughout 2023, has seen the first month-on-month (M/M) drop in June, putting a halt to the recovery seen over the past months.
Sea Intelligence said that schedule reliability declined by 2.5 percentage points to 64.3% last month. That said, schedule reliability is still a massive 24.4 percentage points higher year-on-year (Y/Y).
Schedule reliability in May reached 66.8%.
The Danish maritime data analysis firm said the average delay for late vessel arrivals, on the other hand, improved by a marginal -0.1 days to 4.36 days.
"In the last three months (including June), the average delay for late vessel arrivals has been within 0.03 days," Sea Intelligence said, adding that on a Y/Y level, the average delay figure was -2.01 days lower.
MSC: most reliable in June 2023
Sea Intelligence said with 70.6% schedule reliability in June 2023, MSC was the most reliable top-14 carrier, followed closely by Maersk with 69.9%.
It noted that MSC was the only carrier with a schedule reliability of over 70%, whereas there were 6 carriers (including Maersk) with a schedule reliability of 60%-70%.
"6 of the remaining 7 carriers had a schedule reliability of 50%-60%, with HMM (48.3%) being the only carrier with a schedule reliability of under 50%," the report added.
Sea Intelligence noted that MSC was the only top-14 carrier to have recorded an M/M increase in June 2023, albeit of a marginal 0.3 percentage points, with 2 of the remaining 13 carriers recording double-digit M/M declines.
"On a Y/Y level, however, all 14 carriers recorded double-digit improvements, with Wan Hai recording the largest improvement of 35.2 percentage points," the Danish maritime data analysis firm added.
