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SHIPPING NEWS » CONTAINER


Box carriers' on-time arrival rates improve to 63pc, up from Q2

Box carriers' on-time arrival rates improve to 63pc, up from Q2

DENMARK's Maersk Line has been named the world's most on-time carrier among the top carriers as 63 per cent of the world's containerships were found to have arrived on time in the third quarter, according to Drewry Maritime Research's latest schedule reliability report.
Sunday, 13.Nov.2011, 23:08 (GMT+3)

DENMARK's Maersk Line has been named the world's most on-time carrier among the top carriers as 63 per cent of the world's containerships were found to have arrived on time in the third quarter, according to Drewry Maritime Research's latest schedule reliability report.

The result surpasses the 55 per cent of on time arrivals recorded in the second quarter, reports Newark's Journal of Commerce. Out of the top 20 shipping lines measured by vessel fleet size across all the trades covered by Drewry, APL clinched the number two spot and Hyundai Merchant Marine came in third.

Maersk interestingly claimed the top spot after launching a new guaranteed schedule service at a number of ports in Asia and Europe in September. The quarterly reliability report measured the on-time performance of 3,821 ship arrivals at selected ports. The report considers a ship on time when it meets its estimated time of arrival or reaches the port a day early. Thirteen of the top 20 ocean liners were shown to have equalled or surpassed the 63 per cent industry average, and the report said that all but three major carriers improved their scores from the preceding quarter.

Read: 3805 Times- Container, On time, Arrival, -


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Asia-Europe rates fall 6.5pc to US$573/TEU - worst week in 2011 (Sunday,13.11.2011)
Germanischer Lloyd out to prove feasibility of LNG-fuelled box ships (Tuesday,08.11.2011)
Each TEU shipped Shanghai-north Europe costs carriers US$141, study says (Tuesday,08.11.2011)
Asia-Europe rates decline 5.5pc, but Asia-US west coast rates up 0.4pc (Monday,07.11.2011)
Deliveries of New Containerships Surpassed 1 Million TEU, Says Alphaliner (Thursday,03.11.2011)
Seaspan's third quarter loss widens 73pc to US$122.6 million (Thursday,03.11.2011)
Seago Line to operate Adriatic, Mediterranean services for Maersk (Wednesday,02.11.2011)
NOL posts quarterly US$91 million loss with full-year decline expected (Wednesday,02.11.2011)
NYK suffers US$150 million first half loss, expects losses to widen (Wednesday,02.11.2011)
Grand China suspends transpacific US service as market deteriorates (Wednesday,02.11.2011)





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