Global schedule reliability, which had been consistently increasing in 2023, experienced its first decline in June 2023, with a decrease of -2.5 percentage points, resulting in a rate of 64.3 per cent.
According to Sea-Intelligence’s issue 143 of the Global Liner Performance (GLP) report, however, schedule reliability is 24.4 percentage points higher year-on-year (YoY).
In contrast, the average delay for LATE vessel arrivals improved by -0.1 day to 4.36 days.
According to Sea-Intelligence, the average delay for LATE vessel arrivals in the past three months (including June) was 0.03 days. On a YoY basis, the average delay was -2.01 days shorter.
As shown in the figure above, MSC was the most dependable top-14 carrier in June 2023, with 70.6 per cent schedule dependability, followed by Maersk with 69.9 per cent.
MSC was the only carrier with schedule reliability over 70 per cent, whereas there were 6 carriers (including Maersk) with schedule reliability of 60-70 per cent.
This comes eight months after it was reported that MSC was the most reliable carrier in November 2022.
Six of the remaining seven carriers had schedule reliability of 50-60 per cent, with HMM (48.3 per cent) the only carrier with schedule reliability of under 50 per cent.
MSC was the only top-14 carrier to have recorded a MoM increase in June 2023, albeit of a marginal 0.3 percentage points, with two of the remaining 13 carriers recording double-digit MoM declines.
On a YoY level however, all 14 carriers recorded double-digit improvements, with Wan Hai recording the largest improvement of 35.2 percentage points.
In July 2023, Sea-Intelligence reported the improvement of global schedule reliability in May 2023, reaching 66.8 per cent.
That same month, Sea-Intelligence reported that the rate of contraction for both loaded imports and overall handled volumes has been steadily slowing down in recent months.
