-4.2 C
Hamburg
Tuesday, February 18, 2025
Home News Global schedule reliability drops to 52.1% in July

Global schedule reliability drops to 52.1% in July

Sea-Intelligence has released issue 156 of the Global Liner Performance (GLP) report, providing schedule reliability data up to July 2024. According to a statement, this report is extensive, covering schedule reliability across 34 trade lanes and over 60 carriers; however, this press release will focus on the global highlights.

“Source: Sea-Intelligence.com, GLP Report, issue 156”

“Source: Sea-Intelligence.com, GLP Report, issue 156”

In July 2024, global schedule reliability dropped by 2.1 percentage points month-over-month (M/M) to 52.1%. This level is nearly the same as at the beginning of the year, consistent with 2024’s trend of reliability fluctuating between 50% and 55%. Year-over-year (Y/Y), schedule reliability in July 2024 was down by 12.0 percentage points.

The average delay for late vessel arrivals slightly improved, decreasing by 0.02 days M/M to 5.24 days, a figure only surpassed by the pandemic peaks of 2021-2022. Compared to the previous year, the July 2024 delay figure was 0.63 days higher.

Moreover, Maersk was the most reliable among the top 13 carriers in July 2024, with schedule reliability of 54.6%. Three other carriers also surpassed the 50% mark, while the remaining nine carriers fell within the 40%-50% range. Wan Hai was the least reliable carrier, with a reliability of 41.3%.

Only ZIM and MSC achieved M/M improvements in schedule reliability in July 2024, with Wan Hai experiencing the largest decline at 11.6 percentage points. “On a Y/Y level, none of the carriers recorded an increase in schedule reliability, with Yang Ming recording the smallest decline of -5.2 percentage points and Wan Hai recording the largest Y/Y decline of -27.4 percentage points,” stated Alan Murphy, CEO of Sea-Intelligence.





Latest Posts

ONE and Yusen Logistics drive sustainable shipping with ONE LEAF+

Ocean Network Express (ONE) and Yusen Logistics have entered into a new partnership focused on sustainable shipping solutions through ONE's green shipping service, ONE...

IMF downgrades 2025-26 World Trade Growth projections

The International Monetary Fund (IMF) recently released the January 2025 update to its World Economic Outlook (WEO), originally published in October 2024. This update includes...

CMA CGM applies new rates from Indian Sub to North Europe and Med

New CMA CGM Freight All Kinds (FAK) rates will be applicable starting 1 March 2025 (gate-in date) and will remain in effect until further...

US and India Deepen Defense and Trade Ties to Counter China’s Influence

The United States plans to ramp up military sales to India from 2025, including the provision of F-35 fighter jets, according to US President...

Kuehne+Nagel, Acer Europe renew decarbonization partnership

Kuehne+Nagel has renewed its strategic partnership with Acer Europe to further decarbonize sea freight through the use of biofuel. In its third year, the collaboration...
error: Content is protected !!