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Schedule reliability hits all-time low in August, Maersk stays on top

Although schedule reliability has hovered between 35%-40% for most of the year, in August 2021 it dropped to 33.6%, a new all-time low during the 10 years Sea-Intelligence has tracked global schedule reliability.

The Danish analysts said in its latest Global Liner Performance (GLP) report that on a Y/Y level, reliability in August 2021 was -30.1 percentage points lower than August 2020, continuing the trend of Y/Y declines of over -30.0 percentage points in each month in 2021 so far.

Source: Sea-Intelligence

"The average delay for late vessel arrivals continued to deteriorate, increasing by 0.58 days M/M to 7.57 days in August," pointed out Sea-Intelligence.

Source: Sea-Intelligence

At the same time, Maersk Line was once again the most reliable top-14 carrier in August 2021, with a schedule reliability of 45.6%, followed by its subsidiary Hamburg Süd with 38.0%, according to the report.

Another three carriers had schedule reliability between 30%-40%, with only three box lines recording schedule reliability of 20%-30%.

Six carriers had schedule reliability of under 20%, with Evergreen recording the lowest August 2021 schedule reliability of just 11.5%, according to Sea-Intelligence data.

Additionally, only HMM recorded a M/M improvement in schedule reliability, of 1.6 percentage points, while no carrier recorded a Y/Y improvement, with the smallest Y/Y decline of -24.2 percentage points recorded by Maersk Line.

Source: Sea-Intelligence

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