According to Sea-Intelligence, global schedule reliability has decreased by 5.0 percentage points month-over-month (MoM) in December 2023 to 56.8 per cent as a result of escalating tension in the Red Sea.
The maritime data company has released issue 149 of the Global Liner Performance (GLP) report, which includes schedule reliability numbers up to December 2023.
The report provides the global highlights of the GLP research, which looks at schedule reliability across 34 trade routes and more than 60 carriers.
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Amidst the Red Sea crisis, global schedule reliability fell by 5.0 percentage points MoM in December 2023, the greatest MoM loss since February 2021, to 56.8 per cent.
With this, December 2023 schedule reliability was the second-lowest of 2023. On a year-over-year (YoY) level, schedule reliability in December 2023 was only 0.4 percentage points higher than in December 2022.
Due to the round-of-Africa sailings, the average delay for LATE vessel arrivals deteriorated, increasing by 0.30 days M/M to 5.35 days.
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Evergreen was the most reliable of the top 13 carriers in December 2023, with a schedule reliability of 63.6 per cent, followed by CMA CGM, the only two carriers to exceed 60 per cent.
Six carriers had schedule dependability of 50-60 per cent, while the remaining five carriers all had schedule reliability of 40-50 per cent, with Yang Ming having the lowest schedule reliability in December 2023 at 45.6 per cent.
Due to the increasing transit durations across Africa, none of the top 13 carriers improved schedule reliability on a MoM basis, while only four carriers improved YoY.
