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Steamship Lines Struggle With Reliability

: Transport

Liner Service Reliability Falls to Record Lows 2018-05-10

Liner service reliability fell to record lows in the first quarter of 2018, following on from last year’s already significant on-time performance decline, according to analysis by SeaIntel.
Earlier this year, the analyst reported that full-year global schedule reliability slumped by 8.4 percentage points, to 74.5% in 2017, down from 82.9% in 2016. And the deteriorating trend has apparently continued into 2018, as liner performance plummeted to new lows in the first three months, when global schedule reliability fell by 8.1 percentage points compared with the final quarter of 2017, and fell by 6 percentage points, year on year.
SeaIntel’s consolidated on-time performance reading of 66.4% among the world’s top carriers for the three-month period was based on 37,475 vessel arrivals and was the lowest quarterly schedule reliability recorded by the analyst since it started measuring reliability in 2011.
Read more in an article from Lloyd's Loading List.

Source: CIFFA


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