Shipping
SEA-INTEL: SCHEDULE RELIABILITY IMPROVEMENTS SLOWING DOWN
May 30, 2023

Global shipping schedule reliability has continued to improve month-on-month in April, according to the latest report by maritime data analysis company, Sea-Intelligence, although it noted that the strength of the improvements have declined with each proceeding month.

 

In April 2023, schedule reliability improved by 1.7 percentage points month-on-month to 64.2%, up 29.9 percentage points Yyear-on-year.

 

Self Photos / Files - Fig 1

 

Sea-Intelligence noted that average delay for LATE vessel arrivals also continued to decrease, with the April 2023 figure dropping by -0.72 days month-on-month to 4.34 days.

 

This is -2.22 days lower year-on-year and is now also lower than the respective 2020 figure, the maritime consulting firm added.

 

Self Photos / Files - Fig 2

 

Top 14 carriers record increased schedule reliability YoY

 

The report noted that Maersk was the most reliable top-14 carrier with schedule reliability of 70.3%, followed by MSC with 68.0%, and Evergreen with 67.1% — and there were 6 more carriers with schedule reliability of over 60%.

 

Sea-Intelligence said the remaining carriers all had schedule reliability of 50%-60% and were within 5.0 percentage points of each other.

 

Meanwhile, it added that Yang Ming was the least reliable carrier in April 2023 with schedule reliability of 52.1%.

 

Self Photos / Files - Fig 3

Source: Sea-Intelligence
 

"Only 7 of the top-14 carriers recorded a month/month improvement in schedule reliability in April 2023, with Evergreen recording the largest improvement of 4.6 percentage points," the maritime data analysis company said.

It noted that all top-14 carriers recorded double-digit year/year improvements, with Wan Hai recording a 43.5 percentage point improvement.

 

In March, shipping schedule reliability reached 62.6%, and bringing it almost in line with the 2020 figure for the same month.