Long sea route causes delays
In its latest Global Liner Performance (GLP) report, the Copenhagen-based maritime consultancy Sea-Intelligence analyses the schedule reliability figures of the big carriers up to and including December 2023.
Because of the Red Sea crisis, global schedule reliability decreased by -5.0 percentage points on a month-month- basis in December 2023 – the largest drop since February 2021 – to 56.8%.
Accordingly, schedule reliability in December 2023 was the second lowest of the full year, although it was only 0.4 percentage points higher than in December 2022. Due to the round-of-Africa sailings, the average delay for late vessel arrivals deteriorated, increasing to 5.35 days.
Evergreen was the most reliable carrier in December 2023 with schedule reliability of 63.6%, followed by CMA CGM as the only two carriers above the 60% mark.
Six carriers showed a schedule reliability of 50%-60% (Maersk, Cosco, OOCL, Wan Hai, MSC and ONE), while the remaining five carriers all had a schedule reliability of 40%-50%, with Yang Ming the least reliable carrier with a December 2023 schedule reliability of 45.6%. The analysis covers schedule reliability on 34 different trade lanes and in more than 60 carriers. (cd)