Global liner reliability reached a record high in October, according to measurements by the maritime analyst SeaIntel.
On-time performance increased to 84 percent, driven by improvements in 25 out of the 32 trades covered by SeaIntel’s reliability index. The top three performers globally were Maersk Line, Hamburg Süd and Hanjin Shipping, marking the first time Hanjin has made it into the SeaIntel’s monthly top three.
However, using a more stringent measurement of only arriving the same day or the day before - as opposed to the standard plus or minus one day - APL was third best.
“Despite the global record high performance, most individual carriers did not perform in line with their own best performance in 2012,” SeaIntel said. “This tells us two things. First it tells us that the improvement is a systemic improvement across the industry. Second, it tells us that there is indeed the possibility of further improvements. Had all carriers performed in line with their own best global performance in 2012, the schedule reliability would be further improved to 87 percent,” SeaIntel said.
In the main east-west trades, reliability increased by 1.7 percent from Asia to Europe and by 1.4 percent on the transpacific eastbound trade. This development was particularly driven by Mediterranean Shipping Co., which improved schedule reliability by 10 percent for the Asia-North Europe trade, and by 11 percent on the transpacific eastbound trade. MSC now ranks seventh out of the 20 carriers measured on the Asia-North Europe trade.
The report has extended the coverage to take in the trades between Asia and South America, where performance also increased on all trades in October. Most notable was improvement from the east coast of South America to Asia, where reliability increased from 63 percent to 73 percent. The highest schedule reliability is seen between the west coast of South America and Asia at 88 percent eastbound and 91 percent westbound.
The Global Liner Performance report is issued monthly by SeaIntel Maritime Analysis and measures more than 10,000 vessel arrivals monthly across 200 ports in 32 trade lanes.
Earlier this month, research from London-based analyst Drewry showed third quarter liner reliability had fallen to 73.5 percent, from a record high of 75.7 percent in the second quarter.
SeaIntel and Drewry use slightly different metrics to measure on-time reliability. The top three lines in the third quarter were, however, similar, with Maersk at No. 1, Maersk subsidiary Safmarine at No. 2 and Hanjin at No. 3.
"Drewry expects that the arrival timeliness of containerships and containers will decline again in the fourth quarter, due to the impact of hurricane Sandy and several disruptions from vessel winter programs and blank sailings," Drewry said. - Eric Johnson