Scheduled capacity on the Asia-Europe route was reflective of actual deployment unlike on the Transpacific route, found Sea-Intelligence.
The firm found that carriers on the Asia-Europe route corrected upwards by adding capacity after scheduling less, whereas carriers on the Transpacific route tended to schedule more than they deployed.
The analysis found that scheduled deployments on the Asia-North Europe route were reflective of actual deployment, even four weeks out.
On the Asia-Mediterranean route, carriers corrected upwards by adding capacity after scheduling less. For weeks 7-9, capacity correction on the Asia-Mediterranean route was on the positive side, meaning that capacity was added back instead of taken out.
Alan Murphy, CEO, Sea-Intelligence, noted that while “schedules five or more weeks away had roughly 6-23 per cent ‘extra’ capacity [on the Asia-Europe route], this was nowhere near the capacity correction that was seen on the Transpacific.”
The data indicates that carriers on the Asia-Europe route corrected capacity “too aggressively” for week 7, but ended up adding some back in the weeks leading up to the week of deployment.
Sea-Intelligence recently reported that while schedule reliability continued to increase for the majority of 2022, there has been a month-to-month 3.8 per cent decline in January 2023, reaching to 52.6 per cent.