Intelligence provider CargoSmart analyzed the schedule reliability of 22 ocean carriers across 13 trade lanes, reporting that overall, on-time schedule reliability increased by 6.6% to 69.3% in June 2018, from 62.7% in May 2018.
The Europe-Africa trade had the largest decrease in reliability, decreasing by 15.6% from 60.0% in May 2018 to 44.4% in June 2018. The Europe-Oceania trade had the largest improvement in reliability, increasing by 24.2%, from 47.4% in May 2018 to 71.6% in June 2018. The Europe-Middle East trade maintained the highest reliability among the 13 trades.
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Regarding the vessel discharging region, Africa had the largest reduction in reliability, decreasing by 16.7%, from 64% in May 2018 to 47.3% in June 2018, which was also the region with the lowest reliability. The Middle East region had the highest reliability, with 77.8% reliability in June 2018.
Taking a look back at the second quarter of 2018, the overall schedule reliability increased slightly from 60.7% in April to 62.7% in May, and then again to 69.3% in June. Compared to the same period last year, the reliability continued to increase from 58.6% in April 2017 to 70.1% in June 2017.
Reviewing the schedule reliability by carrier, ‘MCC’ and ‘Safmarine’ are at the top. MCC had the highest monthly average reliability of 79.4% in the second quarter of 2017 and went down to 73.0% in the second quarter of 2018. Safmarine had an average reliability of 73.1% in Q2 2017 and increased to 74.6% in Q2 2018.
CMA CGM was fifth in 2017 and went to fourth in 2018 with an average reliability of 69.2% in Q2 2017 and 70.3% in Q2 2018. OOCL and ANL were added to the top five list this year with 70.6% and 69.5% reliability in Q2 2018.