2M Alliance — the container vessel-sharing agreement between MSC and Maersk — recorded the fastest post-pandemic recovery in schedule reliability, according to the latest report of Sea-Intelligence.
The Danish maritime data analysis firm noted that to gauge which of the three carrier alliances recorded the fastest post-pandemic recovery in schedule reliability, it pegged their lowest recorded schedule reliability during the pandemic as month "0" and then looked at the change from that baseline in the months that followed.
Sea-Intelligence said this is shown in Figure 1 for Asia-North Europe.
"In just the 2nd month after dropping to its lowest point, 2M had improved schedule reliability by 20 percentage points, whereas the improvements for Ocean Alliance and THE Alliance were both under 10 percentage points," commented Alan Murphy, CEO of Sea-Intelligence.
[Source: Sea-Intelligence]
He noted that by the 7th month, 2M almost reached a recovery of 50 percentage points, with the other two alliances lagging severely behind.
"Ocean Alliance only got to the 45-percentage point mark by the 17th month, with THE Alliance taking 25 months just to get within a hair of the 50 percentage point mark," Murphy added.
"In short, the schedule reliability recovery rate for 2M was far above the other two alliances," the Sea-Intelligence chief further said.
"In fact, on both Asia-Europe trade lanes, 2M has seen rapid improvements in schedule reliability after dropping to its lowest point during the pandemic; however, while they continued on this trajectory on Asia-North Europe (as previously mentioned), their rate of recovery on Asia-Mediterranean slowed down considerably."
Ocean Alliance, on the other hand, while having a relatively slower rate of improvement in Asia-North Europe, have largely been consistent in schedule reliability improvements in the months after their lowest figure of the pandemic.
"THE Alliance has seen a relatively slower rate of recovery on Asia-North Europe, picking up in recent months, while seeing the opposite trend on Asia-Mediterranean," Murphy concluded.
