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Schedule reliability on an upward trend, Evergreen climbs to second place

Danish maritime data company Sea-Intelligence has analysed the schedule reliability of the container shipping lines up to July 2022.

Source: Sea-Intelligence.com, GLP Report, issue 132

Source: Sea-Intelligence.com, GLP Report, issue 132

According to the report, global schedule reliability continues to trend upward, rising 0.5% points M/M in July 2022 to 40.5%. This is the second time since the start of the pandemic that the schedule reliability improved on an annual basis.

The average delay for late ship arrivals has been falling sharply so far this year, easing slightly in recent months. In July 2022, the average delinquency improved by -0.09 days M/M, meaning that the delay figure is now firmly below the seven-day mark and an improvement over the respective 2021 figure.

Source: Sea-Intelligence.com, GLP Report, issue 132

With schedule reliability of 48%, Maersk was the most reliable carrier in July 2022, followed by Evergreen at 44.3%. CMA CGM also recorded schedule reliability of over 40%, while there were nine carriers with 30%-40% schedule reliability and only two with 20%-30%.

"In July 2022, once again, a lot of the carriers were very close to each other in terms of schedule reliability, with 10 carriers within 10 percentage points of each other," noted Alan Murphy, CEO of Sea-Intelligence.

ZIM had the lowest schedule reliability in July 2022 at 26.6%. On a Y/Y level, 11 of the top-14 carriers recorded an improvement in schedule reliability in July 2022, with seven carriers recording double-digit improvements.

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