Maersk and 2M stand out in 2023 schedule reliability rankings

According to Sea-Intelligence, the annual global schedule reliability experienced a notable increase of 19.5 percentage points (PP), rising from 42.6% to 62.1% by the end of 2023. Despite this substantial improvement, it only managed to reach the level observed in 2020 and remains below the 70%-80% range seen in the years 2012-2019.

A concerning trend is the month-on-month (M/M) decline in schedule reliability throughout the fourth quarter of 2023, likely to persist into January 2024 due to the...

https://container-news.com/maersk-and-2m-stand-out-in-2023-schedule-reliability-rankings/

GLP Report: Schedule Reliability Stable at 64.2%

Credits: Venti views/Unsplash

Schedule reliability stable at 64.2%, states a Sea Intelligence news source.

Issue 144 of the Global Liner Performance (GLP) report

Sea-Intelligence has published issue 144 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including July 2023. As the report itself is quite comprehensive and covers schedule reliability across 34 different trade lanes and 60+ carriers, this press release will only cover the global highlights from...

https://mfame.guru/glp-report-schedule-reliability-stable-at-64-2/

Global schedule reliability still in historical low levels

Global schedule reliability seems to continue to follow the trend seen in 2021, with schedule reliability within a small range but at a slightly lower base, according to the Danish maritime data analysis company Sea-Intelligence.

The following are the main points of the Sea-Intelligence report that covers the schedule reliability of the 60+ ocean carriers in 34 different trade lanes.

Source: Sea-Intelligence.com, GLP Report, issue 129
Source: Sea-Intelligence.com, GLP Report, issue 129

The global...

https://container-news.com/global-schedule-reliability-still-in-historical-low-levels/

Reliability recovery will take at least 8-9 months, reports Sea-Intelligence

Even though supply chain problems continue to plague the shipping industry, Sea-Intelligence claims that Covid is now entering an endemic phase, rather than a pandemic.

“As such, it is also the time to take stock and contemplate how long it will take the supply chain to normalise,” stated Alan Murphy, CEO, Sea-Intelligence.

The Danish provider of research within the global supply chain industry has therefore analysed one of the disruptions towards stabilisation, which is non-other than schedule...

https://container-news.com/reliability-recovery-will-take-at-least-8-9-months-according-to-sea-intelligence/

Niche container lines outperform top-14 global ocean carriers in terms of reliability

Sea-Intelligence has reported that schedule reliability dropped from 78% in 2019 to 63.9% in 2020, and then to 35.8% in 2021, which is not only the lowest recorded fiscal year schedule reliability but is also quite a staggering drop from the pre-2020 levels.

Particularly, the Danish research and analysis company noted that the average delay for late vessel arrivals has been on an upward trend since the lowest recorded delay of 3.19 days in 2016, while in 2021 the figure reached 6.86 days, nearly...

https://container-news.com/niche-container-lines-outperform-top-14-global-ocean-carriers-in-terms-of-reliability/

2M snubs congested west coast ports as Asia-US pendulum services are axed

To improve schedule reliability, 2M partners Maersk and MSC are to avoid congested US west coast ports with two transpacific pendulum services.
From this week, the AE1/Shogun and AE6/Lion loops from Asia will turn in North Europe instead of going on to the US.
And to “facilitate the network adjustments”, the 2M said it would blank next week’s AE55/Griffin sailing from Asia to North Europe.
Maersk said the decision to discontinue the pendulum …

The post 2M snubs congested west coast ports as...

https://theloadstar.com/2m-snubs-congested-west-coast-ports-as-asia-us-pendulum-services-are-axed/

Demand Surge in Container Shipping Depletes Charter Market

The unexpected demand recovery in the container shipping sector driven primarily by the US-based demand surge has seen the charter market depleted of available capacity, reports Offshore Energy.

Increase in delays due to demand upturn

The demand upturn has lead to increasing delays and heavy port congestion impacting schedule reliability.

Labor shortages and work interruptions in certain ports and various inland bottlenecks exacerbate the situation. As a consequence of this ships are waiting in...

https://mfame.guru/demand-surge-in-container-shipping-depletes-charter-market/

Containership schedule reliability at lowest level since records began

Global container service scheduled reliability has declined to its lowest levels since records began, according to new data from SeaIntelligence Consulting.
The analyst’s latest schedule reliability data for December shows just 44.6% of vessels arriving on time, “which means that for the fifth consecutive month, global schedule reliability has been the lowest across all months since Sea-Intelligence introduced the benchmark in 2011”.
It said December’s reliability index, which covers global...

https://theloadstar.com/containership-schedule-reliability-at-lowest-level-since-records-began/

Logistics ‘rookie’ Cainiao claims its new services will be cheaper and reliable

Guaranteed compensation and good customer service are in very rare supply these days, especially in sea freight.
However, Cainiao, Alibaba’s logistics arm, has pledged cheaper, more reliable shipping services to its customers – and promised to compensate them for delays.
Cainiao today launched a shipment booking service, for air and sea, covering 200 ports in 50 countries and said the service encompassed container bookings and end-to-end logistics management.
It claimed its cross-border...

https://theloadstar.com/logistics-rookie-cainiao-claims-its-new-services-will-be-cheaper-and-reliable/

Shipping line reliability and accountability now ‘a thing of the past’

Shipping lines are facing increasingly angry customers as rates continue to soar and service levels plunge. Many are noting their frustrations on LinkedIn as the debate over whether carriers are profiteering rumbles on. In one typical example, the international transport manager for a furniture company claims accountability and reliability are now a “thing of the past”, while playing the blame game is the new top trend.
The manager notes that shipping …

The post Shipping line reliability and...

https://theloadstar.com/shipping-line-reliability-and-accountability-now-a-thing-of-the-past/

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