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Schedule reliability ends 2014 with a decline

After three months of continuing improvements in schedule reliability, the year 2014 ended with a decline, according to SeaIntel’s latest industry-leading Global Liner Performance report. On-time performance decreased to 71.7 per cent (based on 11,202 vessel arrivals) in December, from 75.6 per cent in November. Data from INTTRA shows that container delivery declined as well in the same period to 58.2 per cent, based on more than 3 million container movements.

The decline in schedule reliability in December followed the seasonal pattern and was driven by a general decline in the majority of the world’s large trade lanes. Notably, declines in the Asia-North Europe, Transpacific EB and Transatlantic EB and WB trade lanes drove the global score down.

For the 10th consecutive month, Maersk Line was the most reliable carrier in December with a global score of 85.1 per cent, based on vessel arrivals in more than 270 ports. Hamburg Süd and CSAV took the second and third spot with a score of 81.4 per cent and 79.3 per cent, respectively. In December, all Top 20 carriers recorded a decline in global schedule reliability, according to SeaIntel.

"Shippers should not expect to see any considerable improvement in schedule reliability in January or February with the 2M and Ocean Three carriers launching their new service networks. Even a well-planned implementation of a new network is bound to meet some unexpected challenges, likely resulting in a negative impact on schedule reliability, said Mr Morten Berg Thomsen, shipping analyst at SeaIntel.

He added: "SeaIntel will follow the major four alliances’ on-time performance closely in the main East-West trades going forward as the development in the reliability of individual alliances is of great importance for the shippers’ supply-chains. Shippers should have access to solid data on alliance level, so they can make a well-informed and accurate decision, before they commit volumes to an alliance carrier."

Reliability in the Transpacific EB trade (1,194 vessel arrivals) decreased for the fifth consecutive month to 49.7 per cent, while container delivery decreased to 37.4 per cent. Both scores represent a new record-low performance in the trade lane. In the Asia-North Europe trade lane (740 vessel arrivals), on-time performance dropped to 78.9 per cent, whereas the Asia-Mediterranean trade (704 vessel arrivals) improved by 3.6 points to 80.4 per cent, SeaIntel said.

Source: Exim News Service: COPENHAGEN, Jan. 29


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