Global Liner Reliability Continues Upward Surge
The schedule reliability of shipping lines around the world has continued to improve month-on-month, with the latest improvement hitting a 2.7% increase in May 2023.
When compared to the same point in 2022, schedule reliability is now up 30.3%.
That said, the average delay for late vessel arrivals increased slightly.
Of the big-name liners, Danish powerhouse Maersk Line was the most reliable, out of the top 14 carriers it had a schedule reliability of 73.5%.
This figure was followed by Wan Hai with 70.9%, and world largest liner MSC in third with 70.4%.
There were 7 carriers with schedule reliability of 60%-70%, with the remaining carriers recording schedule reliability of 50%-60%.
Unlike previous months, the difference between the most and least reliable carrier increased substantially in May 2023, with HMM being the least reliable carrier in May 2023 with schedule reliability of 52.6%.
13 of the top 14 carriers recorded a month-on-month improvement in schedule reliability in April 2023, with HMM recording the only decline of -2.5%.
On a year-on-year level, all 14 carriers recorded double-digit improvements in schedule reliability.