Global shipping schedule reliability dipped in June, according to a new analysis by Sea-Intelligence, keeping in line with the trends seen so far in 2024, where global schedule reliability has largely been within 50%-55%.
The Danish maritime consultancy company said June's schedule reliability figures dropped by -1.2 percentage points month-on-month (M/M) to 54.4%.
However, on a year-on-year (Y/Y) level, schedule reliability in June 2024 was -9.8 percentage points lower.
Sea-Intelligence said in its report that the average delay for late vessel arrivals also deteriorated, increasing by 0.04 days M/M to 5.19 days.
This is now the third-highest figure for the month, only surpassed by the pandemic highs of 2021-2022. On a Y/Y level, the June 2024 figure was 0.82 days higher.
For June, the report said Hapag-Lloyd was the most reliable top-13 carrier in June 2024 with schedule reliability of 55.4%.
There were another 9 carriers above the 50% mark, with the remaining 3 carriers in the 40%-50% range.
Meanwhile, ZIM was the least reliable carrier with schedule reliability of 44.4%.
"Of the top-13 carriers, 7 recorded an M/M improvement in schedule reliability, with Yang Ming recording the highest improvement of 6.1 percentage points," said Alan Murphy, CEO of Sea-Intelligence.
"ZIM recorded the largest M/M decline of -3.3 percentage points. On a Y/Y level, only HMM and Yang Ming recorded an increase in schedule reliability, while MSC recorded the largest Y/Y decline of -18.5 percentage points," he added.
