Global vessel performance improved by a further 4.7 percentage points in November 2022 to reach 56.6%, according to the latest analysis by Sea-Intelligence.
Global container line schedule reliability improved by 4.7 percentage points, month on month (M/M), in November 2022 and reached 56.6%, according to the latest analysis by Sea-Intelligence, as congestion eases and reliability continues to improve.
Sea-Intelligence said that the average delay for late vessel arrivals has also been improving consistently since the start of the year. In November 2022, average delay times improved once again, dropping by another -0.58 days, M/M, to 5.04 days. Sea-Intelligence highlighted that schedule reliability and average delay are now better than their 2020 level.
With schedule reliability of 63.4%, MSC was the most reliable carrier in November 2022, followed by Maersk with 61.7%. They were the only carriers above 60%. The next 8 carriers recorded schedule reliability of 50%-60%, while 4 carriers recorded schedule reliability of 40%-50%.
Yang Ming recorded the lowest schedule reliability of 42.5%. Apart from Yang Ming, all of the top 14 carriers recorded an M/M improvement in schedule reliability, whereas all carriers recorded a double-digit Y/Y improvement in schedule reliability, with 12 carriers recording improvements of over 20 percentage points.
Sea-Intelligence recently published issue 136 of its Global Liner Performance (GLP) report, with schedule reliability figures up to and including November 2022, covering schedule reliability across 34 different trade lanes and 60+ carriers.
By Will Waters
Source: https://forwardermagazine.com/