Sea-Intelligence Report Reveals Container Carrier Schedule Reliability Trends for August 2023
In the August 2023 report from Danish maritime data analysis firm Sea-Intelligence, global schedule reliability took a slight dip, falling by -0.9 M/M to 63.2%. However, this drop is part of a steady trend, with schedule reliability remaining within a 2% point range since March 2023.
On a year-over-year basis, the data paints a brighter picture, showing a remarkable 17% point increase in schedule reliability. The average delay for LATE vessel arrivals rose by 0.07 days M/M to 4.67 days, but it's worth noting that this figure is still significantly better than the same period the previous year, with a -1.23 days improvement, as highlighted by Sea-Intelligence CEO Alan Murphy.
Among the top 14 carriers in August 2023, MSC emerged as the most reliable, boasting a 70.9% schedule reliability rate, followed closely by Maersk and Hamburg Süd at 70%.
CMA CGM was the sole carrier falling in the 60%-70% schedule reliability range. Eight other carriers recorded reliability figures between 50% and 60%, while HMM and Yang Ming faced greater challenges, with rates of 50% and 47.3%, respectively.
Interestingly, only three of the top fourteen carriers showed month-to-month improvements in August 2023, with OOCL leading the pack with a significant gain of 2.8% points. However, on a year-over-year basis, all 14 carriers made substantial progress, with MSC making the most significant leap of 26.8% points.
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