Schedule reliability decreases slightly in April 2021
Sea-Intelligence has published issue 117 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including April 2021. As the report itself is quite comprehensive and covers schedule reliability across 34 different trades lanes and 60+ carriers, this press release will only cover the global highlights from the full report.
Following an encouraging increase in global schedule reliability in March 2021, the global schedule reliability levelled out, with carriers recording a 1.0 percentage point M/M decrease in global schedule reliability in April 2021, reaching 39.2%. Thus, the road to return to “normal” global schedule reliability levels from previous has proven to be bumpy still. April 2021 continues the unfortunate trend of previous months and shows the lowest schedule reliability for any April on record in the 10 years that we have measured schedule reliability, with the gap to 2020 a sharp -30.6 percentage points.
The average delay for LATE vessel arrivals however, continued its decreasing trend, with the April 2021 figure 0.59 days lower M/M, and albeit still being higher by 0.61 days Y/Y, and still showing the highest for any April at 5.68 days, the gap Y/Y is closing compared to previous months in 2021.
Maersk Line was the most reliable top-14 carrier in April 2021 with schedule reliability of 46.5%, followed by Hamburg Süd with 42.4%. No other carrier had schedule reliability higher than 40%. The remaining carriers were within 30%-40%, apart from OOCL (29.1%), Evergreen (28.3%) and Yang Ming (27.6%). All carriers (with the exception of ONE and HMM), recorded a M/M decrease in schedule reliability, while none recorded a Y/Y improvement in April 2021. ONE recorded the largest M/M improvement of 1.1 percentage points while Evergreen recorded the largest Y/Y decline of a staggering -47.5 percentage points.
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All quotes can be attributed to: Alan Murphy, CEO, Sea-Intelligence.
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