The Danish research and analysis company for the global supply chain industry, Sea-Intelligence has published a report showing that reliability continues to be under 40% in 2021.
In particular, figures from issue 123 of the Global Liner Performance (GLP) report demonstrated that schedule reliability recorded another marginal improvement in October of 0.4 percentage points to 34.4%, maintaining the range of 34%-40% seen throughout the year.
“The only ‘positive’, if one should call it that, is that schedule reliability is not plummeting further,” commented Alan Murphy, CEO of Sea-Intelligence.
On a year-on-year level, schedule reliability in October 2021 was down by 18 percentage points, according to Sea-Intelligence statistics.
“The average delay for late vessel arrivals also improved marginally, dropping to 7.34 days, albeit still the highest figure for this month, which has been a theme throughout 2021,” noted Danish researchers.
Maersk was once again the most reliable carrier in October 2021, with schedule reliability of 46.4%, followed by its subsidiary Hamburg Süd with 38.1%, as seen below.
Another three carriers had reliability ranging between 30%-40%, with five carriers recording schedule reliability of 20%-30%, according to Sea-Intelligence data, which also showed that four shipping lines had schedule reliability of under 20%, with Evergreen recording the lowest October 2021 reliability of just 13.4%.
“Ten carriers recorded a month-to-month improvement in schedule reliability, while no carrier recorded a year-on-year improvement in schedule reliability, with all but three carriers recording double-digit year-on-year declines of over 20 percentage points,” pointed out Murphy.