According to the new Sea-Intelligence report, in July 2024, global schedule reliability dropped by -2.1% M/M to 52.1%.

Schedule reliability in July is almost at the same level as it was at the start of the year and is keeping in line with the trends seen so far in 2024, with reliability largely within 50%-55%.

On a Y/Y level, schedule reliability in July 2024 was -12.0%.

The average delay for LATE vessel arrivals improved, albeit marginally, decreasing by -0.02 days M/M to 5.24 days. This figure was only surpassed by the pandemic highs of 2021-2022. On a Y/Y level, the July 2024 figure was 0.63 days higher.

Maersk was the most reliable top-13 carrier in July 2024 with schedule reliability of 54.6%. There were another three carriers above the 50% mark, with the remaining 9 carriers all in the 40%-50% range. Wan Hai was the least reliable carrier with a reliability of 41.3%.

According to the report, only ZIM and MSC were able to record an M/M improvement in schedule reliability in July 2024, while Wan Hai recorded the largest and only double-digit decline of -11.6%.

“On a Y/Y level, none of the carriers recorded an increase in schedule reliability, with Yang Ming recording the smallest decline of -5.2% and Wan Hai recording the largest Y/Y decline of -27.4%,” Sea-Intelligence concluded.

Credit: Sea-Intelligence

Credit: Sea-Intelligence

Credit: Sea-Intelligence

According to the new Sea-Intelligence report, in July 2024, global schedule reliability dropped by -2.1% M/M to 52.1%.

Schedule reliability in July is almost at the same level as it was at the start of the year and is keeping in line with the trends seen so far in 2024, with reliability largely within 50%-55%.

On a Y/Y level, schedule reliability in July 2024 was -12.0%.

The average delay for LATE vessel arrivals improved, albeit marginally, decreasing by -0.02 days M/M to 5.24 days. This figure was only surpassed by the pandemic highs of 2021-2022. On a Y/Y level, the July 2024 figure was 0.63 days higher.

Maersk was the most reliable top-13 carrier in July 2024 with schedule reliability of 54.6%. There were another three carriers above the 50% mark, with the remaining 9 carriers all in the 40%-50% range. Wan Hai was the least reliable carrier with a reliability of 41.3%.

According to the report, only ZIM and MSC were able to record an M/M improvement in schedule reliability in July 2024, while Wan Hai recorded the largest and only double-digit decline of -11.6%.

“On a Y/Y level, none of the carriers recorded an increase in schedule reliability, with Yang Ming recording the smallest decline of -5.2% and Wan Hai recording the largest Y/Y decline of -27.4%,” Sea-Intelligence concluded.

Credit: Sea-Intelligence

Credit: Sea-Intelligence

Credit: Sea-Intelligence