Ships’ schedule reliability dives to record low, Maersk most reliable

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Maersk says all China ports are operating normally despite the lockdown. Photo from Maersk
  • Schedule reliability fell by -1.2 percentage points in December month-on-month to 32.0%, the lowest ever recorded
  • Year-on-year, schedule reliability was -12.5 percentage points lower
  • The average delay for late vessel arrivals increased to 7.33 days, the fifth consecutive month with the delay figure above seven days
  • Maersk was once again the most reliable top 14 carrier in December 2021, with schedule reliability of 46.2%

The schedule reliability of ships dropped again in December, the lowest point reached in 11 years, according to Sea-Intelligence.

Schedule reliability fell by -1.2 percentage points in December month-on-month to 32.0%, which is the lowest ever global schedule reliability since Sea-Intelligence started the measurement in 2011.

“The new reliability report from Sea-Intelligence provides yet another hard indication that the supply chain bottlenecks problems are nowhere near being resolved,” said maritime and shipping expert Lars Jensen in a social media post, commenting on the latest data.

Year-on-year, schedule reliability was -12.5 percentage points lower. Despite the low schedule reliability in 2021, there hasn’t been much fluctuation, with the global scores hovering between 32% and 40% for the most part, said Sea-Intelligence.

The average delay for late vessel arrivals increased to 7.33 days, the fifth consecutive month with the delay figure above seven days, said the supply chain analyst and advisor.

“The new data covering December 2021 shows a new record low as only 32% of vessel arrivals globally were on time. And the 68% which were late were on average more than a week late,” Jensen explained.

Maersk was once again the most reliable Top-14 carrier in December 2021, with schedule reliability of 46.2%, followed by Hamburg Süd with 41.4%.

MSC was in third spot, with schedule reliability between 30% and 40%.

Hapag-Lloyd led the six carriers that recorded schedule reliability of 20% to 30%, said Alan Murphy, CEO of Sea-Intelligence. The others were, in descending order, HMM, CMA CGM, ZIM, PIL and ONE.

The remaining five carriers—Yang Ming, Cosco, OOCL, Wan Hai and Evergreen—had schedule reliability of under 20%, with Evergreen recording the lowest December 2021 schedule reliability figure of 14.3%.

Nine 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 four carriers recording double-digit year-on-year decline.

Jensen noted that seven of the 34 trades covered had a vessel reliability below 20%, “with the absolute bottom being the Pacific trade into US West Coast at only 10%. This marks the 7th month within 2021 where this trade had the lowest reliability of any trade globally.”

Photo by M Anink on Unsplash