Schedule reliability improves to 64.4%
Sea-Intelligence has published issue 146 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including September 2023. As the report itself is quite comprehensive and covers schedule reliability across 34 different trade lanes and 60+ carriers, this press release will only cover the global highlights from the full report.
Global schedule reliability increased by 1.2 percentage points M/M in September 2023 to 64.4%. Barring the increase in May, schedule reliability has been ranging within 2 percentage points since March 2023. On a Y/Y level, schedule reliability was 19.0 percentage points higher. The average delay for LATE vessel arrivals decreased by 0.09 days M/M to 4.58 days. With the M/M decrease, the average delay for LATE vessel arrivals is now -1.30 days better off than at the same point last year.
With 71.3% schedule reliability in September 2023, Maersk and Hamburg Süd were the most reliable top-14 carriers, followed by MSC with 69.8%. Along with MSC, 6 other carriers had schedule reliability of 60%-70%. 4 other carriers had schedule reliability of 50%-60%, with HMM the only carrier under 50% with schedule reliability of 45.9%. 10 of the top-14 carriers recorded a M/M increase in September 2023, with PIL recording the largest increase of 7.3 percentage points. On a Y/Y level, 13 of the 14 carriers recorded double-digit improvements, with Hamburg Süd recording the largest improvement of 26.8 percentage points.
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All quotes can be attributed to: Alan Murphy, CEO, Sea-Intelligence.
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