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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

VEB Guarantees $3 Bln of Yamal LNG Debt

Russian development bank VEB said on Friday it had provided a guarantee for $3 billion of debt to the Yamal liquefied natural gas (LNG) project, led by Russian gas firm Novatek.

US Oil Drillers Cut Rigs after 3 Weeks of Additions

U.S. oil drillers cut rigs this week for a 20th week this year after three weeks of additions, according to a closely followed report on Friday, as crude prices

World Stocks Tumble as Britain Votes for EU Exit

Global capital markets reeled on Friday after Britain voted to leave the European Union, with $2 trillion in value wiped from equity bourses worldwide, while money

Container Ships

MSC Jade Sails with MAN's Biggest Engine

The largest and most powerful engine from MAN Diesel & Turbo’s portfolio ever designed and built has entered service.   Built by Doosan Engine in Korea and rated at 75,

Slowing Shipping Fleet Growth to Ease Officer Shortage

Slowing growth in the size of the shipping fleet will reduce the shortage of officers over the coming years, according to the latest Manning report published by global shipping consultancy Drewry.

Kuriyama Joins Matson Board of Directors

The Board of Directors of Matson, Inc. has appointed Stanley Kuriyama as a director of the company, effective June 23, 2016.   Kuriyama is the Executive Chairman of Alexander & Baldwin, Inc.

News

Denmark Adopts Digital Ship Certification

As of June 24, 2016, ships flying the Danish flag are being digitally certified, making Denmark one of the first countries to put an end to the 100-year-old tradition

Conrad Shipyard Forms LNG Business Unit

Conrad Shipyard has formed a new business unit focused on LNG projects.   Conrad, builder of North America’s first LNG bunker barge scheduled for 2017 delivery,

Prince Charles Places Final Section of UK Aircraft Carrier

The second of the largest warships ever built for the U.K. Royal Navy, the Queen Elizabeth Class carrier HMS Prince of Wales, was given the royal seal of approval when HRH The Prince of Wales,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Ship Simulators Sonar
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: 0.1005 sec (10 req/sec)