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Container shipping schedule reliability improves
2024-05-08
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With a comprehensive network of international container shipping services, including LCL and FCL import and export operations, the U-Freight Group notes that ocean carrier reliability started to improve in March despite the Red Sea crisis, although still not on par with pre-crisis level.

Sea-Intelligence said that the March figure shows improvement of 1.6 percentage points to 54.6 per cent compared to the previous month, as the round-Africa routings normalise, and the carriers' service networks stabilise.

On a year-on-year level, schedule reliability in March 2024 was down by 7.9 percentage points, the maritime consultancy added.

The average delay for late vessel arrivals decreased by 0.52 days month on month to 5.03 days, improving marginally over the pre-crisis figure of November 2024.

Wan Hai was the most reliable top-13 carrier in March with schedule reliability of 59.7 per cent following by Hapag-Lloyd and ZIM with schedule reliability of 56.1 per cent each. There were another eight carriers above the 50 per cent mark.

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