ZIM Most Reliable Carrier in 2nd Quarter

Image Courtesy: ZIM

Israel’s cargo shipping company ZIM Integrated Shipping Services Ltd. was the most reliable carrier during the second quarter of 2016, followed by Japanese counterpart Mitsui O.S.K. Lines (MOL) and German-based Hamburg Süd Group, according to the Global Liner Performance Report by SeaIntel Maritime Analysis.

Namely, ZIM was at the top with a global on-time performance of 87.8%, while MOL and Hamburg Süd saw their performance reach 87.3% and 87.1%, respectively.

The report stated that global schedule reliability in the second quarter increased to 85% from 78.7% seen in the previous quarter, improving 8.5 percentage points on a Y/Y level.

All top-20 carriers recorded an increase in schedule reliability over the first quarter of the year, with South Korea’s Hyundai Merchant Marine (HMM) and Singapore-based APL showing the biggest increases of 8.1 and 7.6 percentage points to 85% and 85.8%, respectively.

Additionally, the largest Y/Y increases in schedule reliability were seen from Mediterranean Shipping Company (MSC), ZIM and Taiwanese Yang Ming.

The report also shows that the Asia-Unites States West Coast trade lane showed an improvement of 12.1 percentage points from the previous quarter, while the trade lane experienced a surge of 21.4 percentage points on a Y/Y level.

Schedule reliability in the Asia-US East Coast trade lane increased by 11 percentage points, and by 7.7 percentage points for the respective periods.

The Asia-North Europe trade lane reliability reached 81.8% in the second quarter, while the Asia-Mediterranean trade lane quarterly schedule reliability stood at 85.9% .

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2018 >>
MTWTFSS
26 27 28 29 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 4 5 6

Singapore Maritime Technology Conference and Exhibition (SMTC) 2018

The 3rd Singapore Maritime Technology Conference and Exhibition (SMTC) 2018 is organized by the Maritime and Port Authority of Singapore…

read more >

Singapore Maritime Week 2018

Singapore Maritime Week (SMW), organised annually by Maritime and Port Authority of Singapore (MPA) and attracts…

read more >

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >

Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

read more >