14-02-2018

Box shipping lines globally see schedule reliability drop by 8.4 ppt in 2017

THE schedule reliability of container shipping lines in 2017 globally declined by 8.4 percentage points compared to the previous year to 74.5 per cent, according to data compiled by Sealntel Maritime Analysis.

Overall, Wan Hai was the most reliable carrier in 2017, with schedule reliability of 81 per cent. Hamburg Sud and Evergreen followed close behind with on-time performance of 79.7 per cent and 79.1 per cent respectively.

None of the top 18 carriers improved on their 2016 schedule reliability scores. Evergreen and HMM recorded the lowest decreases of 4.7 and 5.0 percentage points respectively. On the other hand, MOL, PIL and Yang Ming recorded the largest year-on-year declines at 12.7, 11.2, and 10.2 percentage points, respectively.

Looking at the major east-west trade lanes, Asia to North America west coast saw a 9.3 percentage point decline in schedule reliability to 72.1 per cent in 2017. Matson was the most reliable carrier on this trade lane with on-time performance of 93.3 per cent, followed by Evergreen with 81 per cent.

Asia to North America east coast saw a significant drop in on-time performance, from 80.4 per cent in 2016 to 66.3 per cent in 2017. Evergreen was the most reliable carrier on this trade route in 2017, with schedule reliability of 72.3 per cent, followed by Maersk Line and MSC with 70.5 per cent.

Schedule reliability on Asia to North Europe and Asia to Mediterranean dropped by 3.0 and 9.3 percentage points to 76.4 per cent and 74.6 per cent respectively. Evergreen was the most reliable carrier on the Asia to North Europe trade lane with on-time performance of 82.6 per cent, followed by Cosco with 82.5 per cent.

On the Asia to Mediterranean trades, Safmarine was the most reliable carrier with on-time performance of 95.5 per cent, followed by Evergreen with 79.8 per cent.

Both trans-Atlantic trades saw decreases in on-time performance of above 10 percentage points, with trans-Atlantic westbound declining by 10.5 percentage points to 67.4 per cent, and trans-Atlantic eastbound dropping by 10.6 percentage points to 70.2 per cent year on year in 2017.

Niche carriers ICL and Marfret had the highest schedule reliability on the trans-Atlantic westbound and eastbound trade lanes, recording on-time scores of 97.5 per cent and 98.7 per cent respectively.

Source: Schednet

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