Hong Kong Strike Impairs Ship and Container Reliability

MarineLink.com
Tuesday, September 03, 2013

Ship-level and container-level reliability Key Performance Indicators (KPIs) decreased in the second quarter of 2013, according to Drewry’s quarterly report Carrier Performance Insight, just published.

Despite improvements in East-West trade reliability, the average on-time performance of containerships across all trades covered declined to 70.5%, down from 72.8% in the first quarter.

The average on-time performance has now declined for two consecutive quarters and the latest result was the worst since the first quarter of 2012 (69.3%) and was 2.8 percentage points lower than recorded in the same quarter last year.
It was expected that Asia-linked routes would struggle to maintain timeliness due to the disruption caused by the 40-day strike action at the port of Hong Kong during April and May.

“While Asia-Europe and transpacific services would theoretically also have been affected by the strike, as our ship reliability results prove, it did not impair reliability in those trades at all,” said Simon Heaney, research manager at Drewry.

“One reason for the bigger statistical impact of the strike on regional Asia services is down to our methodology which uses Hong Kong as the base port to capture ship arrival data; whereas other ports are used for Europe and U.S.-linked trades.

“Another reason is operational. In many cases carriers simply diverted scheduled calls at Hong Kong to nearby ports, which would have limited any potential knock-on delays. Hence, on longer distance trades when ships have more opportunity to catch up the disruption would barely have caused a ripple.”

Yang Ming usurped Maersk Line as the most reliable major carrier (defined as having a minimum of 100 voyage counts and 40 ship operated voyages per quarter) with an all-trades on-time average of 83.7% in the fourth quarter.

As to be expected from related KPIs, container-level data showed similar declines with all four main container KPIs declining by at least one percentage point in the second quarter. Most significantly, the ‘On-time Shipment of Cargo’ KPI which measures the timeliness of a container being loaded on to the ship slipped by two percentage points to 70%.

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

3D Printing in Rotterdam Port

Is 3D printing just a hype? Or is it really possible to print spare parts for ships that can actually withstand the requirements set for the often "rough" working

Caltex Replaces Australian Crew

The 36 Australian crew members of an Caltex tanker refusing to set sail after they were told their jobs would be gone after the next run. MR tanker Alexander Spirit (40,

Mombasa Port Workers End Strike

Mombasa, Kenya port workers end strike and returned to work on Friday after being warned they could lose their jobs, reports Reuters.   However the members of

Finance

Grimaldi Orders Three PCTCs

After signing an order for the construction of five new ships two weeks ago, the Italian shipowner  Grimaldi Group has signed another contract for the construction

Caltex Replaces Australian Crew

The 36 Australian crew members of an Caltex tanker refusing to set sail after they were told their jobs would be gone after the next run. MR tanker Alexander Spirit (40,

Teekay LNG Partners Declares Distribution

Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended June 30, 2015. The cash distribution is payable on August 14,

Container Ships

Record Bulk Shipping Demolition Rates in 1H15

Monthly demolition rates in the dry bulk shipping sector averaged 3.3 million DWT for 1H15, according to new figures from BIMCO, compared to 1.3 million DWT last year.

Is It Too Late To Tangle With Spike in Shipping Market

A series of interesting and extreme price spikes is going on in the shipping market today, says Clarksons, provider of global shipping and offshore market intelligence.

Greek Shipping Mulls Cyprus Move

Greek shipping companies are looking into moving to Cyprus due to the instability and uncertainty in Greece, it emerged, reports Cyprus News Agency.   The director

News

Aberdeen Pupils Peek into Subsea Oil & Gas Technology

Pupils at an Aberdeen primary school were given a rare insight into the depths of the oil and gas industry’s subsea sector after getting to sit in the driving

AVEVA, DNV GL's Sesam Integration Cuts Cost

Integration of Aveva and DNV GL's Sesam Reduces Costs in Maritime and Offshore Engineering. Engineers designing ship hulls and offshore floaters can now save

FORAN for Pertamina's Future Ships

FORAN has been chosen by state-owned company PERTAMINA to review the design of their future oil product carrier ships, under construction in a shipyard with the FORAN System.

 
 
Maritime Contracts Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1537 sec (7 req/sec)