17.7 C
Hamburg
Sunday, May 18, 2025
Home Most Popular Schedule reliability hits all-time low in August, Maersk stays on top

Schedule reliability hits all-time low in August, Maersk stays on top

Although schedule reliability has hovered between 35%-40% for most of the year, in August 2021 it dropped to 33.6%, a new all-time low during the 10 years Sea-Intelligence has tracked global schedule reliability.

The Danish analysts said in its latest Global Liner Performance (GLP) report that on a Y/Y level, reliability in August 2021 was -30.1 percentage points lower than August 2020, continuing the trend of Y/Y declines of over -30.0 percentage points in each month in 2021 so far.

Source: Sea-Intelligence

“The average delay for late vessel arrivals continued to deteriorate, increasing by 0.58 days M/M to 7.57 days in August,” pointed out Sea-Intelligence.

Source: Sea-Intelligence

At the same time, Maersk Line was once again the most reliable top-14 carrier in August 2021, with a schedule reliability of 45.6%, followed by its subsidiary Hamburg Süd with 38.0%, according to the report.

Another three carriers had schedule reliability between 30%-40%, with only three box lines recording schedule reliability of 20%-30%.

Six carriers had schedule reliability of under 20%, with Evergreen recording the lowest August 2021 schedule reliability of just 11.5%, according to Sea-Intelligence data.

Additionally, only HMM recorded a M/M improvement in schedule reliability, of 1.6 percentage points, while no carrier recorded a Y/Y improvement, with the smallest Y/Y decline of -24.2 percentage points recorded by Maersk Line.

Source: Sea-Intelligence




Latest Posts

Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...
error: Content is protected !!