Shipping
SCHEDULE RELIABILITY DROPS -2.5 PERCENTAGE POINTS IN NOVEMBER
January 2, 2024

Global ocean schedule reliability recorded the first proper month/month (M/M) decline in November 2023, dropping -2.5 percentage points to 61.9%, bringing the score in line with that of March 2023.


Sea-Intelligence said in a new report that on a year-on-year (Y/Y) level, however, 
schedule reliability was still 5.4 percentage points higher compared to the same period in the preceding year.

 

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Meanwhile, it added that the average delay for late vessel arrivals continues to creep up, increasing by 0.10 days M/M to 5.02 days.

 

"With the M/M decrease, the average delay for late vessel arrivals is now on a similar trajectory to what we saw during the same time period in 2020," Sea-Intelligence added.

 

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Evergreen: most reliable in November

 

With 70.0% schedule reliability in November 2023, Evergreen was the most reliable top-13 carrier, followed by Wan Hai with 68.1%.

 

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Including Wan Hai, 6 carriers had schedule reliability of 60%-70%, while the remaining 6 carriers had schedule reliability of 50%-60%.

 

It added that ZIM was the least reliable carrier, with schedule reliability of 52.3%.

 

The report said 6 of the top 13 carriers recorded an M/M increase in November 2023, with Evergreen recording the largest increase of 5.7 percentage points.

 

On the other hand, 5 of the 13 carriers recorded double-digit Y/Y improvements, with Evergreen recording the largest improvement of 17.4 percentage points.