Sea-Intelligence has released issue 144 of the Global Liner Performance (GLP) report, which includes schedule reliability numbers through July 2023.
“This press release will only include the global highlights from the entire study because the research is extremely detailed and examines schedule reliability across 34 different trade lanes and 60+ carriers,” stated Alan Murphy, CEO, of Sea-Intelligence.
In July 2023, schedule reliability remained steady M/M at 64.2%, being slightly lower than the high set in May 2023. However, on a year-over-year basis, schedule reliability in July 2023 is still 23.8 percentage points greater.
In contrast, the average delay for LATE vessel arrivals increased by 0.21 days M/M to 4.59 days. This is the year’s first significant rise, following two months of stability at 4.37 days. Despite the M/M rise, the average delay is still -1.85 days shorter year on year.
MSC was the most reliable top-14 carrier in July 2023, with 71.5% schedule reliability, followed by Maersk and Hamburg Süd with 69.8%. MSC was the only carrier with schedule reliability greater than 70%, while the other six carriers (including Maersk and Hamburg Süd) had schedule reliability ranging from 60% to 70%.
All seven remaining carriers had schedule reliability of 50%-60%, with Yang Ming having the lowest reliability at 51.3%. In July 2023, 9 of the top 14 carriers reported an M/M rise, with Wan Hai reporting the biggest gain of 9.7 percentage points.
“On a Y/Y basis, however, all 14 carriers improved by double digits, with Wan Hai improving by the most, 36.6 percentage points,” explained Alan Murphy, CEO, of Sea-Intelligence.
