NEWS & BLOG
Views: 5 Author: Site Editor Publish Time: 2022-08-25 Origin: Site
The chaotic shipping schedule in 2021 has caused many traders and logistics service providers to suffer. According to Sea-intelligence, the average reliability of global schedules in 2021 is only 35.8%, which is the lowest figure on record. This compares with 78% in 2019, before COVID-19 took place.
Global Schedule Reliability (Annual), Source Sea-intelligence
Corresponding to the plummeting ship schedule reliability is the skyrocketing average ship delay days. Since 2016, when the average delay days for late arrivals reached a low of 3.19 days, the number of delay days has risen year after year, rising to 6.86 days by the worst year, 2021.
Global Average Delays (Annual), Source Sea-intelligence
So against the background of generally low reliability of shipping schedules, which shipping company is relatively more reliable?
It can be seen that Maersk is in first place with a schedule reliability of 46.4% in 2021. This is followed by Hamburg Süd with 40.9%. Four carriers in the top14 have a schedule reliability of 30%-40%, and seven carriers have a schedule reliability of 20%-30%. Only Evergreen's schedule reliability is below 20%. Meanwhile, all of the top 14 carriers were below the previous year in terms of reliability.
In terms of alliances, 2M (33.6%) is the most reliable shipping alliance in 2021, followed by THE Alliance (15.5%) and Ocean Alliance (8.2%). Compared to the industry average, only 2M is 3.5 percentage points higher than the industry average, while Ocean Alliance is 15.3 percentage points lower.
By route, the six major East/West trade routes all saw double-digit year-over-year declines in schedule reliability, with Asia-Europe and Asia-North America West Coast trade routes seeing year-over-year declines of more than 40 percentage points.
Tradeland Reliability (Annual), Source Sea-intelligence
In terms of delays, all six trade routes follow the same general trend. 2021 sees the largest increase in average delays for LATE vessels on the Asia-North America West Coast, with delays of more than 12 days, while Asia-North Europe follows closely behind with more than 8 days.
Tradelane Late Delay (Annual), Source Sea-intelligence