Vessel Schedule Reliability Drops by 2.5% in November 2023

According to latest reports from Sea Intelligence, global schedule reliability recorded the first proper M/M decline in November 2023, of -2.5 percentage points to 61.9%, bringing the score in line with that of March 2023.

On a Y/Y level however, schedule reliability was 5.4 percentage points higher.

The average delay for LATE vessel arrivals continues to creep up, increasing by 0.10 days M/M to 5.02 days. With the M/M decrease, the average delay for LATE vessel arrivals is now on a similar trajectory to what we saw during the same time-period in 2020.

With 70.0% schedule reliability in November 2023, Evergreen was the most reliable top-13 carrier, followed by Wan Hai with 68.1%.

Including Wan Hai, 6 carriers had schedule reliability of 60%-70%, while the remaining 6 carriers had schedule reliability of 50%-60%. ZIM was the least reliable carrier with schedule reliability of 52.3%.

6 of the top-13 carriers recorded a M/M increase in November 2023, with Evergreen recording the largest increase of 5.7 percentage points. 5 of the 13 carriers recorded double-digit Y/Y improvements, with Evergreen recording the largest improvement of 17.4 percentage points.

Read More: Maersk Tops the List for Schedule Reliability Among Major Liners