08 May 2024
Sea-Intelligence has unveiled its latest Global Liner Performance report, indicating an uptick in schedule reliability up to March 2024, albeit still below levels seen before the crisis.
In their recent publication, Sea-Intelligence presents the most current Global Liner Performance report, encompassing schedule reliability data through March 2024. As round-Africa routes return to normal and carrier service networks stabilize, schedule reliability shows signs of improvement, with March 2024 figures climbing by 1.6 percentage points month-on-month to reach 54.6%. However, this improvement still falls short of pre-crisis standards.
Comparing year-on-year, schedule reliability in March 2024 experienced a decline of -7.9 percentage points. The average delay for late vessel arrivals decreased by -0.52 days month-on-month to 5.03 days, showing marginal enhancement over the pre-crisis benchmark of November 2019.
March 2024 saw Wan Hai emerge as the most reliable among the top 13 carriers, boasting a schedule reliability of 59.7%. Hapag-Lloyd and ZIM followed closely with a schedule reliability of 56.1% each. Additionally, eight other carriers achieved reliability rates above the 50% mark. PIL ranked as the least reliable carrier, with a schedule reliability of 49.0%. Eleven out of the top 13 carriers recorded month-on-month improvements in schedule reliability for March 2024, with Wan Hai leading the pack with an impressive improvement of 11.1 percentage points. Conversely, CMA CGM experienced the largest decline of -1.8 percentage points.
On a year-on-year basis, none of the 13 carriers saw an increase in schedule reliability, with PIL recording the most significant decline of -18.1 percentage points.
