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Container Reliability Declines for Third Consecutive Quarter

Drewry’s Carrier Performance Insight report, just published, revealed a disappointing drop in performance for both ship-level and container-level reliability Key Performance Indicators (KPIs) in the third quarter. Containership reliability dipped below 70% for the first time since the beginning of 2012 as weaker performances in the Asia trades to and from Europe and the Middle East/Indian Subcontinent contributed to a quarter-on-quarter decline of 1.4 percentage points to 69.5%.