According to market intelligence provider SeaIntel’s latest Global Liner Performance report, global schedule reliability improved by nearly 5 percentage points from January to February. On-time performance increased to 72.2 per cent in February (based on 9,931 vessel arrivals.) Data shows that container delivery increased to 54.2 per cent in February from 49.1 per cent in January, based on 2.8 million container arrivals.
In February, Hamburg Süd was the most reliable carrier with an on-time performance of 86.2 per cent. The German carrier was followed by CSAV and Maersk Line with a recorded on-time performance of 84.4 per cent and 83.4 per cent, respectively. The CKYHE-members – COSCO, “K” Line and Yang Ming – were ranked at the bottom of the list.
“The improvement in global schedule reliability was clearly reflected among the Top 20 carriers as 19 carriers recorded an increase in performance from January to February, with “K” Line being the only exception. For the first time since February 2014, Hamburg Süd is back on the top spot, although this does not come as a significant surprise, as this has been the case for the German carrier in February of the past two years.” said Mr. Morten Berg Thomsen, shipping analyst at SeaIntel.
Mr. Berg Thomsen added: “The most important incident taking place in February was the agreement that was reached between the Pacific Maritime Association and the International Longshore and Warehouse Union, so the situation at the U.S. West Coast can return back to normal, although it will take some months.”