MSC bests Maersk’s reliability performance

MSC bests Maersk’s reliability performance

Global schedule reliability figures were up once again in November 2022 according to last month’s analysis from Sea-Intelligence.

Schedule reliability improved by 4.7 percentage points month-on-month (M/M) in November 2022 to reach 56.6 per cent.

The average delay for late vessel arrivals has also been improving consistently since the start of the year as reported by the firm.

In November 2022, average delay improved once again by another -0.58 days M/M to 5.04 days.

Sea-Intelligence found that both schedule reliability and average delay are now better than the 2020 level as well.

MSC was the most reliable carrier in November 2022 with 63.4 per cent, followed by Maersk with 61.7 per cent – the only carriers above 60 per cent.

READ: Schedule reliability climbs in August, Maersk still leading

The next 8 carriers recorded schedule reliability of 50 per cent to 60 per cent, while 4 carriers recorded between 40 and 50 per cent.

Yang Ming recorded the lowest score standing at 42.5 per cent.

Apart from the Taiwanese carrier, all of the top 14 carriers recorded a M/M improvement.

All carriers recorded a double-digit year-on-year improvement in schedule reliability, with 12 carriers recording improvements of over 20 percentage points.

At the end of last year, the firm wrote that major shipping lines recorded historic profits for a combined EBIT of $41.6 billion in the second quarter of 2022, whilst trends show a gradual decline in shipping rates.

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