Reliability at Ship and Box Level Down Slightly in Q3

Press Release
Friday, November 09, 2012

Container service reliability across all trades fell marginally in the third quarter with the percentage of on-time ship arrivals dropping to 73.5%, down from the record high of 75.7% set in the second quarter, according to Drewry’s quarterly report Carrier Performance Insight.



Drewry expects that the arrival timeliness of containerships and containers will decline again in the fourth quarter, due to the impact of hurricane Sandy and several disruptions from vessel winter programmes and blank sailings.

 
Despite the small on-time percentage drop, the average deviation between the advertised day of arrival and the actual day of arrival for all vessel calls was unchanged quarter-on-quarter at the record low of 0.6 days.



Maersk Line held on to their coveted status as the most reliable major carrier (defined as having a minimum of 100 voyage counts in a quarter) with an all-trades on-time score of 90.5% in the third quarter, down from 91.4% in the previous quarter.



Safmarine, by virtue of sharing space on many of its big sister Maersk’s services, came in second with an on-time percentage of 90.3% to round off a good quarter for the A.P. Moller-Maersk group.



Hanjin Shipping dropped down a place, but kept a spot on the rostrum by finishing third with an on-time percentage of 88.1%, down by 1.5 percentage points compared with its second quarter result.



The leading trio of lines were some way ahead of the chasing pack and the latest results revealed a worrying variance of performance between lines with a staggering 40 percentage point difference between the most and least reliable carriers.



“While the industry average is finally getting up to mildly respectable numbers, shippers should not lose sight of the fact those standards can vary dramatically between carriers when making their procurement decisions,” said Simon Heaney, research manager at Drewry.



The report also highlights how the carrier industry’s reliability issues seem to start before the box is loaded onto the ship as, according to data compiled by Drewry, about three out of ten containers are not loaded on the intended ship. The ‘On-Time Shipment of Cargo’ in the third quarter was 68%, down by 1 percentage point on the previous quarter. As this Key Performance Indicator measures whether a box is loaded onto a ship as scheduled, any discrepancy at this point will likely mean that the container will arrive late at the final destination port, even if the originally intended ship voyage is on-time.

 

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

Ports

Hapag-Lloyd Adds Halmstad to Rotation

As one of the top global carriers Hapag-Lloyd offers a comprehensive service network and will add port of Halmstad, Sweden to the Nordic Short Sea Network. As

BBC Chartering Opens Vietnam Office

BBC Chartering announces the opening of a new representative office in Ho Chi Minh City, Vietnam, starting August 1st breakbulk, and general cargo transportation

Fratelli Neri Orders Damen Tug

One of the largest Italian tug owners, Fratelli Neri S.p.A, ordered its first Damen tug, an ASD 3212, on 21 July 2015.   The vessel will be the first ASD tug

Finance

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

DryShips Reaches Agreement with Ocean Rig

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk and petroleum cargoes, and through its subsidiary, Ocean Rig UDW Inc.

South China Sea Hotline in the Works

China and Southeast Asian nations have agreed to set up a foreign ministers' hotline to tackle emergencies in the disputed South China Sea, a senior official of

Container Ships

Hapag-Lloyd Adds Halmstad to Rotation

As one of the top global carriers Hapag-Lloyd offers a comprehensive service network and will add port of Halmstad, Sweden to the Nordic Short Sea Network. As

China Shipping Orders Eight 13500 TEU Box Ships

China Shipping Container Lines has placed orders for eight 13,500 twenty-foot-equivalent container ships at Shanghai Jiangnan Changxing Shipbuilding, continuing

Shanghai 6th Best Shipping Center Globally

Shanghai has moved up the rankings of the world’s top shipping centers to sixth place, surpassing Dubai thanks to Free Trade Zone regulations and the Belt and Road Initiative,

Logistics

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

West Africa's August Crude Exports to Asia to Slip

West African crude oil exports to Asia were expected to fall to 1.84 million barrels per day (bpd) in August, Reuters data and a survey of traders showed.     Slower

South China Sea Hotline in the Works

China and Southeast Asian nations have agreed to set up a foreign ministers' hotline to tackle emergencies in the disputed South China Sea, a senior official of

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Repair Winch
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: 0.1617 sec (6 req/sec)