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GLOBAL SCHEDULE RELIABILITY DROPPED BACK TO JANUARY 2024 LEVELS
May 31, 2024

Ocean shipping schedule reliability reversed its improving trend and declined in April due to persistent global supply chain disruptions.

 

Sea Intelligence said schedule reliability declined by 2.5 percentage points month-on-month in April 2024 — now only 0.6 percentage points higher than the lowest year-to-date (YTD) point of January 2024.

 

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The Danish maritime analysis firm noted that on a year-on-year (Y/Y) level, schedule reliability in April 2024 was down 12.1 percentage points. 

 

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However, Sea Intelligence noted that the average delay for late vessel arrivals improved by -0.31 days M/M to 4.74 days.

 

"This figure is now closer to the pre-pandemic lows than the pandemic highs. On a Y/Y level, the April 2024 figure was 0.40 days higher," the report said.

Wan Hai is most reliable in April

 

Sea Intelligence said Wan Hai was the most reliable top-13 carrier in April 2024, with schedule reliability of 59.0%.

 

Evergreen followed with a schedule reliability of 53.2%.

 

The report added that there were another 4 carriers above the 50% mark.

 

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Meanwhile, for April, it said that ZIM was the least reliable carrier with schedule reliability of 44.2%. 

 

"Only CMA CGM and Evergreen were able to record an M/M improvement in schedule reliability in April 2024, with both of 1.3 percentage points each," commented Alan Murphy, CEO of Sea-Intelligence. "ZIM recorded the largest decline of -11.9 percentage points."

 

On a Y/Y level, the report said none of the 13 carriers recorded an increase in schedule reliability, with PIL recording the largest decline of -21.8 percentage points. Six more carriers had double-digit declines.

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