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Container line schedule reliability hits new low of 33.6%

Photo: Marcus Hand OOCLMalaysiaSingaporeStrait.JPG
Full capacity - OOCL Malaysia transiting the Singapore Strait last week
Container line schedule reliability hit an all-time-low in August according to analysts Sea-Intelligence.

SeaIntel’s August Global Liner Performance Report saw schedule reliability dropping to 33.6% its lowest level in the 10 years the analyst has tracked container line reliability.

Much of the year schedule reliability had hovered around 35 – 40%, however, the August coincided with growing port congestion in the US, Asia and elsewhere, which has worsened yet further in September. The report said that late arrival of vessels had continued to deteriorate in August increase 0.58 days to an average of 7.57 days.

No lines managed to score 50% schedule reliability in August, and six registered less than 20%.

Highest was Maersk Line with 45.6% schedule reliability and the lowest was Evergreen at just 11.5% for the month of August.

The report covers over 60 lines on 34 different trade lanes.

As reliability continues to worsen Maersk has announced that to improve schedule reliability it has decided to adjust vessel voyage numbers on Asia-North Europe services to match the corresponding actual weeks of departure. “Continued strong demand, coupled with network disruptions has hammered our schedule reliability,” the line said in an Asia-Pacific customer update.

Maersk will be rationalising some services dropping port calls in an effort to improve service reliability.

TAGS: Ports