The average delay for LATE vessel arrivals improved to 5.46 days, roughly the same level as pre-crisis, meaning that the increase due to the crisis has reverted.
Sea-Intelligence, a provider of research & analysis, data services, and advisory services within the global supply chain, has published a new issue of its Global Liner Performance report, with schedule reliability figures up to and including February 2024.
After a tumultuous few weeks in the wake of the Red Sea crisis, some form of stability has ensued, with the round-Africa routings now normalising.
This was also reflected in the February 2024 global schedule reliability score, which improved by 1.7 percentage points M/M to 53.3%. On a Y/Y level, however, schedule reliability was -6.9 percentage points lower.
The average delay for LATE vessel arrivals also improved to 5.46 days, roughly the same level as pre-crisis, which means that the increase due to the crisis has reverted.
Hapag-Lloyd was the most reliable top-13 carrier in February 2024 with schedule reliability of 54.9%.
Another 7 carriers were above the 50% mark, with the remaining carriers all in the 40%-50% range.
PIL was at the bottom with a score of 45.3%. On an M/M level, 7 carriers recorded an improvement in schedule reliability, with the highest improvement of 9.7 percentage points recorded by Hapag-Lloyd.
Evergreen recorded the largest M/M decline of -5.0 percentage points. On a Y/Y level, none of the 13 carriers recorded an increase in schedule reliability.
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