SIMIC

GLOBAL schedule reliability of ocean carriers in October remained unchanged on a month-on-month basis at 64.4 per cent.

Sea-Intelligence's CEO, Alan Murphy, said: "Barring the increase in May, schedule reliability has been ranging within 2 percentage points since March 2023. On a year-on-year level, schedule reliability was 12.6 percentage points higher.



"The average delay for LATE vessel arrivals continues to creep up, increasing by 0.33 days month on month to 4.90 days. With the month-on-month decrease, the average delay for LATE vessel arrivals is now on a similar trajectory to what we saw during the same time-period in 2020."



The latest issue of the Sea-Intelligence Global Liner Performance (GLP) report, which covers schedule reliability across 34 different trade lanes and more than sixty carriers, showed that Maersk, with 71.1 per cent schedule reliability in October, 2023, was the most reliable top-13 carrier, followed by MSC with 68.5 per cent.



Including MSC, 6 carriers had schedule reliability of 60 per cent to 70 per cent, while the remaining 6 carriers had schedule reliability of 50 per cent to 60 per cent. HMM was the least reliable carrier with schedule reliability of 53.7 per cent.



"Six of the top-13 carriers recorded a month-on-month increase in October, with HMM recording the largest increase of 7.7 percentage points. Eleven of the 13 carriers recorded double-digit year-on-year improvements, with Wan Hai recording the largest improvement of 22.8 percentage points," said Mr Murphy.