CONTAINER shipping reliability declined during the third quarter of 2013 to below 70 per cent of on-time ship arrivals for the first time since the beginning 2012 and its lowest same quarter 2011 at 61.1 per cent, according to Drewry's latest report on Carrier Performance Insight.
Maersk again finished on the top of Drewry reliability rankings in 13 of the last 15 quarters.
The decline is a sign of weaker performance on Asia-Europe and Mideast/Indian subcontinent trades creating a quarter-to-quarter decline of 1.4 percentage points to 69.5 per cent.
The shipments from port of origin were no worse than in the second quarter. Delays in cargo availability at destination ports were caused by longer than scheduled transit times at sea, according to data from e-commerce platform provider CargoSmart.
The decline is likely to continue into the winter slack season with a raft of announcements for the fourth quarter of missed or cancelled voyages along with other service adjustments, said Drewry research manager Simon Heaney.
"Reliability in the container shipping arena is on a worrying downwards trend having made huge strides in the last couple of years. While carriers are rightfully looking to cut costs they need to keep focus on delivering the service their customers demand," he added.
Danish giant, Maersk Line, retained its status as the most reliable despite a lower on-time performance in the third quarter compared to the second at on-time reliability of 79.3 per, down 2.7 points from previous quarter.
OPINION
22 November 2013 - 23:32
Container shipping reliability declines over nine months, says Drewry
CONTAINER shipping reliability declined during the third quarter of 2013 to below 70 per cent of on-time ship arrivals for the first time since the beginning 2012
OPINION
22 November 2013 - 23:32
Container shipping reliability declines over nine months, says Drewry
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