Carrier reliability hits rock bottom
The Copenhagen-based maritime intelligence provider Sea-Intelligence has published the figures on carrier schedule reliability in December last year. In its latest issue of the Global Liner Performance (GLP) report, CEO Alan Murphy spoke of a "record-low 44.6 pc in December 2020 for the fifth month in a row".
Compared to December 2019, schedule reliability is -31.7 percentage points lower. The picture throughout the whole of last year is alike: "Global schedule reliability has been the lowest across all months since Sea-Intelligence introduced the benchmark in 2011."
In December 2020, Hamburg Sud was the most reliable carrier with 55.3% schedule reliability, but a significant deterioration when compared to December 2019. "Only HMM and ZIM recorded a month-on-month improvement in schedule reliability," said Murphy.
Due to continued port congestion in many regions around the globe, and carriers still not letting off capacity-wise (especially on the major trades) not even for Chinese New Year, Sea-Intelligence does not expect schedule reliability to improve until the second quarter of this year. (cd)