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

Finance

Oil Price Shock Soon to be Positive Overall for Canada

Canada's economy will start to show more positive effects from the drop in oil prices than negatives from the second quarter onwards, Bank of Canada Governor Stephen Poloz said on Friday.

Total Eyes Sale of its Fuel Retailing Business in Turkey

Total aims to exit its fuel distribution business in Turkey and has asked Societe Generale to lead the sale, sources said on Friday, as the French oil producer

MISC Says AET Tankers Unit Not for Sale

MISC Berhad issued a statement today addressing recent market speculation that the company is set to sell its wholly owned petroleum tanker subsidiary AET Tankers.

Container Ships

VT Halter Powers Ahead

If you drive just south of I-10 in Pascagoula, Miss., within 10 minutes you find yourself on the doorstep of VT Halter Marine, arguably one of the more diverse and active shipyards in the U.

Horizon's Hawaii Business Acquisition Cleared by DOJ

Horizon Lines, Inc. reported yesterday that, after a review by the Antitrust Division of the Department of Justice, Horizon's proposed sales transaction with The

SDARI Inks Agreement for INTERSCHALT Loading Software

INTERSCHALT maritime systems AG, a maritime software and services provider of loading computers on board containerships, signed a cooperation agreement with the

News

Two Rescued from Sinking Shrimp Boat

Two fishermen were rescued from their sinking shrimp boat by a U.S. Coast Guard aircrew Friday off the coast of Saint Simons Island near Brunswic, Georgia.   Watchstanders

IMO: Making Ferries Safer

The International Maritime Organization (IMO) domestic ferry safety conference in Manila April 24 has adopted guidelines to aid the process of reducing the mounting

Judge Orders Migrant Boat to Remain in Custody

An Italian judge on Friday ordered that the presumed captain of a migrant boat that sank with the loss of more than 700 lives should remain in custody after prosecutors

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority 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: 0.2400 sec (4 req/sec)