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Liner schedule reliability showing upward trend


Sea-Intelligence has issued issue 106 of the monthly Global Liner Performance (GLP) report, with schedule reliability figures up to and including May 2020. While the report itself is very dense and covers schedule reliability scores across 34 different trade lanes, this release only covers the global highlights from the 116-page report.


Global schedule reliability improved by 5.1 percentage points M/M in May 2020 to 74.9%, although below the May 2019 figure by 5.3 percentage points. This continues the upward trend in schedule reliability meaning that the pandemic-induced blank sailings have not had a negative impact as expected. “We presented a possible explanation in April that this could simply be as a result of carriers instituting buffers in their schedules to maintain schedule integrity. However, a recent analysis published in our Sunday Spotlight showed this not to be true. The increase in schedule reliability could then simply be a case of fewer vessels being easier to manage per service string. In which case, a demand resurgence could see schedule reliability drop,” the release explained. 


On the other hand, however, the average delay for LATE vessel arrivals (i.e. vessels that were LATE) has been consistently high throughout 2020, and has been on an upward trend since March. Both April and May 2020 figures were the highest for the respective months.


In terms of the top-15 deep-sea carriers, Hamburg Süd was the most reliable in May 2020 with schedule reliability of 84.7%, followed by ZIM with 83.5%. Of the 15 carriers, 13 recorded an M/M improvement in schedule reliability, as per the release.

 

Source: Exim News Service: Copenhagen, July 1

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