Global schedule reliability continued downturn in January 2014
COO and Partner in SeaIntel, Mr. Alan Murphy, said: "The continued drop in performance is concerning for both shippers and carriers, but the poor performance in January does not come as a big surprise, as the winter slack season often shows poor performance due to both weather incidents and the carrier using the slack season to restructure their services, with disruptions as a result. January proved troublesome for many ports on the US east coast which had to be closed due to winter storms, leading to congestions and service delays, with strong impact on carriers' schedule reliability in January. Finally, the strike by port workers in Chile and delays in some Chinese ports has also impacted the result negatively."
For the first time since June 2013, Hamburg Süd was the most reliable carrier seen from a global perspective, with a performance of 80.4%. Maersk Line's 2.6 percentage point decline in schedule reliability means that the Danish carrier is ranked as the second most reliable carrier, followed by Evergreen. Maersk Line and Evergreen achieved a performance of 79.7% and 75.7%, respectively. Even though, both Hamburg Süd and Maersk Line saw a decline in their performance, while Evergreen improved their performance since December, there continues to be a solid gap between the Top2 carriers and the remaining carriers.
In January 2014, the global performance was based on 10,581 vessel arrivals in more than 270 ports around the World, covering 60 different carriers across 272 services and 32 different trade lanes, making the SeaIntel Global Liner Performance report the most comprehensive study of schedule reliability in the industry. Data from INTTRA shows that the timeliness of global container delivery decreased as well, to a record-low global average of 53.6% in January 2014, from 58.8% in December 2013. The global container delivery performance is based on the arrival of more than 5.5 million containers in December and January.
Despite the report showing that January 2014 had the lowest performance in schedule reliability over the past two years, the South America to Mediterranean trade lane improved its performance by 7 percentage points from December 2013 to January 2014. However, all the main east-west trade lanes, Transpacific Eastbound, Asia to North Europe and Asia to the Mediterranean saw their performance decline significantly by 12%, 13% and 12%, respectively.
For more information:
Morten Berg Thomsen
SeaIntel Maritime Analysis
Tel: +32 473 912 325
Email: m.thomsen@SeaIntel.com
www.SeaIntel.com