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Global container line reliability rises to 40%

AMG Logistics

Schedule reliability improved in the first six months of 2022, but remains well below pre-pandemic levels.

According to the latest Sea-Intelligence Global Liner Performance (GLP) report, reliability figures in June 2022 mark the first time since the start of the pandemic that schedule reliability has improved year-on-year, albeit by just 0.5%.

The latest figure compares to an all-time low of 30.4% in January 2022 and a recent high of 83.5% in June 2019.

As noted in its recent second quarter results, Maersk was the most reliable of the container lines with schedule reliability at 49.5%, followed by Hamburg Süd at 41.4% and ten carriers in the 30%-40% range. Yan Ming and Wan Hai both trailed at 24.8% and 29.2%, respectively.

The report also tracked average delays for late vessels another indicator which has improved in the course of the first six months. Average delays for late vessels were at their worst in January 2022 at 9.95 days, but recovered to 6.24 days in May 2022 and held at the same point into June; average delays for late vessels were an improvement on the 6.54 days recorded in June 2021.

The Sea-Intelligence figures are built from data across 34 different trade lanes and 60+ carriers.

Ref: https://shipsandports.com.ng/global-container-line-reliability-rises-to-40/

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