Shipping Schedule Reliability Continues to be Under 40% in 2021
Sea-Intelligence has published its new Global Liner Performance (GLP) report, with schedule reliability figures up to and including November 2021.
The report covers schedule reliability across 34 different trade lanes and 60+ carriers.
Schedule reliability declined month-on-month in November by -0.6 percentage points to 33.6%, maintaining the range of 33%-40% seen throughout the year.
The only continuing “positive”, if one should call it that, is that schedule reliability has not plummeted further.
On a year-on-year level, schedule reliability in November 2021 was down -16.4 percentage points.
Shipping Lines Show Nearly $80 Billion Operating Profit So Far in 2021
The average delay for late vessel arrivals on the other hand, dropped down to 6.93 days, albeit still the highest figure for this month, which has been a recurring theme in 2021.
Maersk was once again the most reliable top-14 carrier in November 2021, with schedule reliability of 46.3%, followed by Hamburg Süd with 40.4%.
Only MSC had schedule reliability between 30%-40%, with five carriers recording schedule reliability of 20%-30%.
The remaining six carriers had schedule reliability of under 20%, with Evergreen recording the lowest November 2021 schedule reliability of just 11.8%.
Four carriers recorded a month-on-month improvement in schedule reliability, while no carrier recorded a year-on-year improvement in schedule reliability, with all but Maersk recording double-digit year-on-year declines.
Read More: Congestion: There is Much More to It Than Port or Terminal Efficiency