SIMIC

The average delay for LATE vessel arrivals has also been improving consistently since the start of the year.

"In October 2022, average delay improved once again, dropping by another -0.31 days month on month to 5.56 days. Average delay is now consistently below the 6-day mark and is closer to the 2020 level than the 2021 one," according to Sea-Intelligence's issue 135 of the Global Liner Performance (GLP) report, which covers schedule reliability across 34 different trade lanes and more than sixty carriers.

With schedule reliability of 56.4 per cent, Maersk was the most reliable carrier in October 2022, followed by MSC with 52.7 per cent. CMA CGM was the only other carrier above 50 per cent. The remaining carriers were very close to each other, all recording schedule reliability of 40-50 per cent. Wan Hai recorded the lowest schedule reliability of 41.6 per cent.

"All of the top-14 carriers recorded a month-on-month as well as a year-on-year improvement in schedule reliability. In fact, all of these carriers recorded double-digit year-on-year improvements, with 9 of those carriers recording improvements of over 20 percentage points," said Alan Murphy, CEO, Sea-Intelligence.