Global schedule reliability improved by nearly 5 percentage points from January to February according to SeaIntel’s latest industry-leading Global Liner Performance report. On-time performance increased to 72.2% in February (based on 9,931 vessel arrivals. Data from INTTRA shows that container delivery increased to 54.2% in February from 49.1% in January, based on 2.8 million container arrivals.
In February Hamburg Süd was the most reliable carrier with an on-time performance of 86.2%. The German carrier was followed by CSAV and Maersk Line with a recorded on-time performance of 84.4% and 83.4%, respectively. The CKYHE-members, COSCO, K Line and Yang Ming, were ranked at the bottom of the list. “The improvement in global schedule reliability was clearly reflected among the Top20 carriers as 19 carriers recorded an increase in performance from January to February, with K Line being the only exception. For the first time since February 2014 we see that Hamburg Süd is back on the top spot, although this does not come as a significant surprise as this has been the case for the German carrier in February of the past two years.” said Mr. Morten Berg Thomsen, shipping analyst at SeaIntel.
Reliability in the Transpacific EB trade lane (999 vessel arrivals) decreased for the seventh consecutive month to 39.8%, while container delivery decreased to 20.0%. Both scores represent a new record-low performance in the trade lane. In the Asia-North Europe trade lane (730 vessel arrivals) on-time performance increased to 73.2%, which marks a Y/Y improvement of 23.2 percentage points, while the Asia-Mediterranean trade’s (735 vessel arrivals) schedule reliability dropped to 63.4%.
Mr. Berg Thomsen added: “The most important incident taking place in February was the agreement that was reached between the Pacific Maritime Association and the International Longshore and Warehouse Union, so the situation at the US West Coast can return back to normal although it will take some months. In February we saw that the Transpacific EB trade lane declined to a level that is lower than even some of the trade lanes to Africa that notoriously are known for having a very low performance due to low productivity in the ports and very poor hinterland infrastructure. This just underlines how important this agreement was to the industry and the US.”