Bad Year Start for Liner Reliability

Container service reliability started 2016 on a disappointing note as the average on-time performance slipped by 5.7 percentage points in January to 69.6%, according to Drewry’s Carrier Performance Insight.

The latest result represented the worst month-on-month decline since January 2015 (when the on-time average fell by 9.4 points) and brought it down to its lowest reading since April 2015.

Nine of the 10 trades covered were less punctual in January, with the biggest decline seen in the Transatlantic route (-17.9 points), which was no doubt affected by the heavy snow storms that struck the US East Coast, the Insight shows.

The three most reliable carriers for December 2015 retained the very same positions in January 2016 with Japanese carrier MOL once again taking the plaudits with an average on-time performance of 82.7%, down from 88.2% in December. Wan Hai followed in second place with 79.5% and Maersk Line took third spot with 77.0%. The spread between the most and least reliable carriers in January was about 30 points with Zim propping up the pack with an average of 57.2%.

“The latest reliability performance of carriers is disappointing considering the gains made in 2015. However, some of the deterioration can be explained by harsh weather, so it is too early to judge if this was just a blip or represents the start of a prolonged downwards trend,” said Simon Heaney, senior manager of supply chain research at Drewry.

“Drewry expects the February result to show some improvement although the operational network changes designed to cater for the demand slowdown during Chinese New Year might have a negative impact,” added Heaney.

Share this article

Follow World Maritime News

In Depth>

Events>

<< May 2019 >>
MTWTFSS
29 30 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 31 1 2

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >