Maersk Line’s Schedule Reliability Takes a Nosedive in July

Image Courtesy: Maersk Line

Danish container carrier Maersk Line, a long-term top-performer when it comes to global schedule reliability, fell to the back of the ranking list in July, for the first time ever.

The company’s reliability score stood at 75.1% in July, data from market intelligence provider SeaIntel shows.

The United Arab Shipping Company (UASC) followed suit in poor schedule reliability performance achieving 75.9% score.

“Maersk Line had a stellar on-time performance in the first 45 months from July 2011 (when we started the on-time benchmark) to March 2015, coming first in 33 of those months, and only dropping out of the top-2 for a single month,” SeaIntel said.

“The challenge for Maersk Line seems to be seasonal, as they seem to drop in the lower half of the ranking in June-October. It is also likely that the cyber-security incident in late June played a role, as Maersk Line did not update their schedules for several weeks following the incident.”

The cyber attack that hit Maersk on June 27 is expected to damage the company’s business performance by up to USD 300-million in the upcoming quarter.

Overall, global schedule reliability dropped 1.5 percentage points from 77.7% in June to 76.25% in July.

OOCL was the most reliable top 18 carrier in July with an on-time performance of 85.2%, followed by Evergreen with 84.8%. ICL, UAFL, and WEC Lines were all the top performing niche carriers with a perfect schedule reliability score of 100%.

Out of the top 18 carriers, only 11 improved their on-time performance from last month, and the M/M were quite small. PIL improved the most since June, by 3.3 percentage points, while Hamburg Süd saw the biggest decline, of 4.4 percentage points. On a Y/Y, only Evergreen experienced an improvement in schedule reliability, albeit of only 0.8 percentage points.

Across the alliances, Ocean Alliance has continued its strong start with further improvements in schedule reliability, reaching 86.2% in July, an improvement of 2.0 percentage points M/M.

2M, which overtook The Alliance last month, continued its upward trend and improved 5.2 percentage points M/M to reach 81.7% in July. The Alliance saw a second consecutive month of declining schedule reliability, recording a decrease of 1.2 percentage points M/M to 74.0% in July, SeaIntel said.

Share this article

Follow World Maritime News

In Depth>


<< Nov 2017 >>
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

Maritime Information Warfare 2017

Maritime Information Warfare will focus on the growing need for navies to develop their information exploitation capabilities…

read more >


The Summit will gather key marine experts and companies around the globe which have a big influence in the industry…

read more >

The CWC 18th Annual World LNG Summit & Awards Evening

The CWC World LNG Summit will continue to give you access to premium networking opportunities as it brings together the who’s who…

read more >

Marintec China 2017

The largest maritime event in Asia Pacific, Marintec China connects maritime professionals from the entire shipbuilding supply chain together.

Over the years, Marintec China has grown to reflect the size and importance of the Asian maritime market. 2015 event is another record-breaking edition with the largest exhibition area and the highest number of industry professionals attending ever. The encouraging figures proven that China remains one of the major shipbuilding nations and Marintec China has been the most authoritative platform in Asia.

With the maritime industry facing great opportunities but also many challenges, it is important for the industry to connect and engage more to ultimately win new business in globally-significant markets. A visit to Marintec China is a great way to learn about the latest technology and innovation of the supply industry, a platform for industry professional to meet face to face, make connection and do business.

Marintec China is poised to be the definitive event and is undoubtedly a must-attend for all involved in the maritime industry.

Marintec China will be held from 5 to 8 December 2017 at the Shanghai New International Expo Centre in Shanghai, China and continue its dedication to serve as the “LEADING” platform “CONNECTING” the community and “STRENGTHENING” the maritime industry.

Marintec China offers the perfect opportunity for companies serving the maritime market to showcase their innovations, products and services to a wide audience. A platform for face to face meetings in business, creating new relationships and consolidating existing ones.

More info

read more >