In the first quarter of 2023, improvements were made across all metrics of schedule reliability and average delay on a global, carrier, carrier alliance, and trade lane level.
According to the latest analysis from Sea-Intelligence, this continues a trend which featured throughout 2022 as well, with the metrics now closer to the pre-pandemic levels than to the below-par service levels of the pandemic-impacted years.
On a global level, schedule reliability increased to 58.3 per cent, which was a 3.4 per cent increase from the quarter prior, and a 24.9 per cent rise year-on-year.
Similarly, the average delay for ALL vessel arrivals improved to 1.70 days, dropping by 2.88-days year-on-year, while the average delay for LATE vessel arrivals improved to 5.23 days, a 2.43-day improvement.
As for the top-14 shipping lines, all of them recorded double-digit year-on-year improvements, with four of them recording improvements of over 30 per cent, according to Sea-Intelligence’s analysis.
Maersk was the most reliable carrier in Q1 2023 with a schedule reliability of 63.6 per cent, with MSC the only other carrier with figures higher than 60 per cent.
11 of the 12 remaining shipping lines were within between 50 per cent and 60 per cent, with Yang Ming the only exception with schedule reliability of 49.9 per cent.
Sea-Intelligence noted that the three carrier alliances also recorded sharp year-on-year improvements, although only 2M and Ocean Alliance outperformed the industry on the East/West alliance trades, albeit by just under 2 per cent.
READ: Top carriers set sail towards improved schedule reliability
THE Alliance underperformed the industry by a significant 12.1 per cent.
All of the six major East/West trades recorded double-digit year-on-year improvements in schedule reliability, although all of them underperformed compared to the global industry average.
