Monthly Liner Schedule Reliability Falls for the First Time in 2023

Sea-Intelligence has published its new Global Liner Performance (GLP) report, with schedule reliability figures up to and including June 2023 covering schedule reliability across 34 different trade lanes and 60+ carriers.

Global schedule reliability, which has been on an upwards trend throughout 2023, has seen the first month-on-month drop in June 2023 of -2.5 percentage points to 64.3%.

That said, schedule reliability is still a massive 24.4 percentage points higher Y/Y.

The average delay for LATE vessel arrivals on the other hand improved by a marginal -0.1 days to 4.36 days.

In the last three months (including June), the average delay for LATE vessel arrivals has been within 0.03 days. On a Y/Y level, the average delay figure was -2.01 days lower.

With 70.6% schedule reliability in June 2023, MSC was the most reliable top-14 carrier, followed closely by Maersk with 69.9%.

MSC was the only carrier with schedule reliability over 70%, whereas there were 6 carriers (including Maersk) with schedule reliability of 60%-70%.

6 of the remaining 7 carriers had schedule reliability of 50%-60%, with HMM (48.3%) the only carrier with schedule reliability of under 50%.

MSC was the only top-14 carrier to have recorded a month-on-month increase in June 2023, albeit of a marginal 0.3 percentage points, with 2 of the remaining 13 carriers recording double-digit M/M declines.

On a year-on-year level however, all 14 carriers recorded double-digit improvements, with Wan Hai recording the largest improvement of 35.2 percentage points.

Read More: Largest Container Ship in Saudi Ports' History, MSC Loreto, Docks in Jeddah