AMIDST the Red Sea crisis, global ocean carrier schedule reliability continued to decrease dropping by 5.1 percentage points month on month in January 2024, the same month-on-month drop as in December 2023, to 51.6 per cent.
'The drop means that the January 2024 score was the lowest since September 2022,' said Sea-Intelligence CEO Alan Murphy.
On a year-on-year level, schedule reliability in January 2024 was 0.8 percentage points lower than in January 2023, according to Sea-Intelligence Maritime Analysis.
'Due to the round-of-Africa sailings, the average delay for LATE vessel arrivals deteriorated further, increasing by 0.59 days month on month to 6.01 days,' Mr Murphy added.
CMA CGM was the most reliable top-13 carrier in January 2024 with schedule reliability of 54.7 per cent, followed by four more carriers that were above the 50 per cent mark.
The remaining carriers all had schedule reliability of between 40 and 50 per cent, with Yang Ming the least reliable carrier with January 2024 schedule reliability of 42.2 per cent.
Sea-Intelligence latest issue of the Global Liner Performance (GLP) report covered schedule reliability across 34 different trade lanes and 60 plus carriers,
'In January 2024, the difference in schedule reliability between the most and least reliable carrier was the lowest since February 2023.
'Because of the current Red Sea crisis, and due to significant delays on the round-of-Africa sailings, none of the top-13 carriers were able to record a month-on-month improvement in schedule reliability, with only 7 carriers recording a year-on-year improvement in January 2024,' Mr Murphy explained.
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'The drop means that the January 2024 score was the lowest since September 2022,' said Sea-Intelligence CEO Alan Murphy.
On a year-on-year level, schedule reliability in January 2024 was 0.8 percentage points lower than in January 2023, according to Sea-Intelligence Maritime Analysis.
'Due to the round-of-Africa sailings, the average delay for LATE vessel arrivals deteriorated further, increasing by 0.59 days month on month to 6.01 days,' Mr Murphy added.
CMA CGM was the most reliable top-13 carrier in January 2024 with schedule reliability of 54.7 per cent, followed by four more carriers that were above the 50 per cent mark.
The remaining carriers all had schedule reliability of between 40 and 50 per cent, with Yang Ming the least reliable carrier with January 2024 schedule reliability of 42.2 per cent.
Sea-Intelligence latest issue of the Global Liner Performance (GLP) report covered schedule reliability across 34 different trade lanes and 60 plus carriers,
'In January 2024, the difference in schedule reliability between the most and least reliable carrier was the lowest since February 2023.
'Because of the current Red Sea crisis, and due to significant delays on the round-of-Africa sailings, none of the top-13 carriers were able to record a month-on-month improvement in schedule reliability, with only 7 carriers recording a year-on-year improvement in January 2024,' Mr Murphy explained.
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