Michael Gaulin’s Post

In May 2024, global schedule reliability improved by 3.8 percentage points M/M to 55.8%. This might not mean that service levels are improving: the average delay of vessels is 5,1 days Blank sailings or rolled containers can improve vessel reliability while containers are not being moved and they are not part of this measurement.

Despite several mainline trades continuing to be marred by issues of port congestion and equipment availability, as well as ongoing diversions from the Red Sea, the latest data from analyst Sea-Intelligence showed a picture of improving schedule reliability in May. However, it remained below some 11 percentage points below May last year. Sea-Intelligence chief executive Alan R. Murphy highlighted the fact that “despite the improvement in schedule reliability, the average delay for late vessel arrivals continued to deteriorate, increasing by 0.34 days month on month, to 5.1 days." Gavin van Marle reports #containershipping #oceanshipping #oceanfreight #seafreight #supplychain #logistics #cargo #freight https://lnkd.in/eiB7wDWi

If we consider only the numbers, yes, this can be an improvement. But in fact, we are far from that. What do you think, when you say, arrival on time has 50-50% chance? Well... #schedulereliability #redseacrisisimpact #globalsupplychain

Sea-Intelligence has released liner shipping reliability data for March 2024. There is a slow improvement in terms of global reliability, now up from a lowpoint of 51.5% in January to 54.6% in March. Of course this is clearly not a good performance, but at least the operational performance is slowly going in the right direction. More positively, the magnitude of the global average delays seen for vessels which arrive late has dropped more sharply from 6.2 days in January to now "just” 5 days. For comparison the norm before the pandemic was around 4 days. Asia-Europe sees a much larger improvement compared to last month. The underlying data shows more significant monthly reliability improvment on the key Asia-Europe and Transpacific trades, but also some sharp drops related to Asia-Middle East as well as a few of the South American trades.   https://lnkd.in/dRrRN7Xt

🚢📊 Delve into the latest insights from the Sea Intelligence report revealing that only two shipping lines achieved schedule reliability in 2023. Explore the implications of this finding on the global shipping industry and understand the challenges faced by shipping companies. https://lnkd.in/e8kejjwN #ShippingIndustry #ScheduleReliability #SeaIntelligence

📣 Despite the fact that already 1.14 Mteu of new capacity has been delivered this year so far, the members of the three mega-alliances still lacked 36 ships to fully staff their 25 Asia – Europe loops as of Friday 10 May. Taking into account that the average vessel size on this trade currently stands at 14,150 teu, some 509,400 extra slots are still needed. This represents 9.6% of the total capacity required to guarantee weekly sailings for all alliance loops. 📊 According to Alphaliner, 376 ships are currently needed for 25 loops, compared to 321 for 27 loops one year ago. The extra #ships are needed as 24 loops are being re-routed via the Cape of Good Hope due to the Red Sea crisis. 👈 The CMA CGM-operated Asia–East Med–Adriatic ‘BEX2’ service, which is one of the four Ocean Alliance Far East – Med loops, is currently the only one transiting via the Gulf of Aden and the Suez Canal following its reinstatement in early May. ✅ Subscribe to Alphaliner Weekly Newsletter for further details on the topic https://bit.ly/2Na5HOA #redsea #redseacrisis #cogh #maritime #containershipping #operators #liners #shippingdata

📣 Despite the fact that already 1.14 Mteu of new capacity has been delivered this year so far, the members of the three mega-alliances still lacked 36 ships to fully staff their 25 Asia – Europe loops as of Friday 10 May. Taking into account that the average vessel size on this trade currently stands at 14,150 teu, some 509,400 extra slots are still needed. This represents 9.6% of the total capacity required to guarantee weekly sailings for all alliance loops. 📊 According to Alphaliner, 376 ships are currently needed for 25 loops, compared to 321 for 27 loops one year ago. The extra #ships are needed as 24 loops are being re-routed via the Cape of Good Hope due to the Red Sea crisis. 👈 The CMA CGM-operated Asia–East Med–Adriatic ‘BEX2’ service, which is one of the four Ocean Alliance Far East – Med loops, is currently the only one transiting via the Gulf of Aden and the Suez Canal following its reinstatement in early May.

EVERGREEN LINE tops December schedule reliability rankings, while its compatriot Yang Ming Marine Transport Corp. is at the bottom of the table. Read the full analysis of December's Global Liner Performance by Sea-Intelligence in the following article: #oceanfreight #oceancargo #containerlines #containershipping #shippinglines

Asia to Europe trade is still 10% short of capacity. This is not only impacting Asia to Europe but impacting all trades. Short Capacity = Higher Rates

OCEAN CARRIER’S SCHEDULE RELIABILITY IN OCTOBER REMAINS UNCHANGED GLOBAL schedule reliability of ocean carriers in October remained unchaned on a month-on-month basis at 64.4%. Sea-intelligence’s CEO, Alan Murphy, said: “Barring the increase in May, schedule reliability has been ranging within 2 percentage points since March 2023. On a year-on-year level, schedule reliability was 12.6% points higher. “The average delay for LATE vessel arrivals continues to creep up, increasing by 0.33 days month on month to 4.90 days. With the month –on-month decrease , the average delay for LATE vessel arivals is now on a similar trajectory to what we saw during the same time-period in 2020.” The latest issue of the Sea-intelligence Global Liner Performance (GLP) report, which covers schedule reliability across 34 dirrerent trade lanes and more tha nsixty carriers, showed that Maersk, with 71.1 % schedule reliability in October, 2023, was the most reliabile top-13 carrier, followed by MSC with 68.5%. #Globalmaritime #shipping #ocean #schedule #reliability #global #trade