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/ 31/07/2024

Hapag-Lloyd tops schedule reliability rankings, MSC suffers largest decline

In June, global schedule reliability dropped by 1.2 percentage points, compared with the previous month, to 54.4%, according to the latest Sea-Intelligence Global Liner Performance (GLP) report.

Source: Sea-Intelligence.com, GLP Report, issue 155

This is keeping in line with the trends seen so far in 2024, say the Danish analysts, where global schedule reliability has largely been within 50%-55%.

On a year-on-year level, however, schedule reliability in June 2024 was down 9.8%.

Additionally, the average delay for late vessel arrivals also deteriorated, increasing by 0.04 days month-on-month to 5.19 days.

“This is now the third-highest figure for the month, only surpassed by the pandemic highs of 2021-2022. On a Y/Y level, the June 2024 figure was 0.82 days higher,” noted Sea-Intelligence in the analysis.

Source: Sea-Intelligence.com, GLP Report, issue 155

Regarding the schedule eliability of the ocean carriers, German Hapag-Lloyd stood out in June with 55.4% score. There were another nine carriers above the 50% mark, with the remaining three carriers in the 40%-50% range. Israel-based ZIM was the least reliable carrier with schedule reliability of 44.4%.

Of the top-13 carriers, seven recorded a month-on-month improvement in schedule reliability, with Taiwanese Yang Ming recording the highest improvement of 6.1 percentage points. ZIM recorded the largest M/M decline of 3.3 percentage points.

On a Y/Y level, only HMM and Yang Ming recorded an increase in schedule reliability, while MSC recorded the largest Y/Y decline of 18.5 percentage points.


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