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Home Ports and Terminals

Global liner performance: schedule reliability continues to improve in August 2022

Editor by Editor
3 years ago
Reading Time: 1 min read
Global-Liner-Performance
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Sea-Intelligence has published issue 133 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including August 2022.

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As the report itself is quite comprehensive and covers schedule reliability across 34 different trade lanes and 60+ carriers, this press release will only cover the global highlights from the full report.

Global schedule reliability continues to trend upwards, recording the largest M/M increase in 2022 of 5.8 percentage points, and reaching 46.2% in August. The average delay for LATE vessel arrivals has been dropping sharply so far this year, tapering off a little in the past few months.

In August 2022, average delay improved sharply once again, dropping by -0.57 days M/M to 5.86 days. This is now the first time that average delay has dropped below the 6-day mark since April 2021.

Global-Liner-Performance

With schedule reliability of 53.0%, Maersk was the most reliable carrier in August 2022, followed by CMA CGM with 46.0%. Another 6 carriers recorded schedule reliability of over 40%, 5 recorded schedule reliability of 30%-40%, while Yang Ming recorded the lowest schedule reliability of 29.8%.

In August 2022, once again, a lot of the carriers were very close to each other in terms of schedule reliability, with 10 carriers within 7 percentage points of each other. 12 of the top-14 carriers recorded a M/M improvement, while all 14 recorded a Y/Y improvement, with 11 of those carriers recording double-digit improvements, and 3 recording improvements of over 20 percentage points.

Source: Sea Intelligence

Tags: Global Liner Performanceglobal shippingSea Intelligence
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