Lloyd's List is part of Maritime Intelligence

This site is operated by a business or businesses owned by Maritime Insights & Intelligence Limited, registered in England and Wales with company number 13831625 and address c/o Hackwood Secretaries Limited, One Silk Street, London EC2Y 8HQ, United Kingdom. Lloyd’s List Intelligence is a trading name of Maritime Insights & Intelligence Limited. Lloyd’s is the registered trademark of the Society Incorporated by the Lloyd’s Act 1871 by the name of Lloyd’s.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction

Container reliability shows marginal improvement

Despite the improvement on September’s figures, delays remain at levels not seen since 2021

Reliability of containerships is still a huge problem, with just over half of vessels arriving at their scheduled calling points on time in October 2024 

RELIABILITY of container schedules continues to be poor, despite marginal improvements on last month’s figures, data from Sea Intelligence revealed.

Global schedule reliability stood at just 51.5% in October 2024, a 0.9 percentage point improvement on September’s figures, but still down more than 10% on October 2023 and the worst reliability figures since 2021.

For vessels that are late, the length of delay continues to be high, clocking in at 5.72 days. Though this is again a marginal improvement on September’s figure (5.86 days), it’s still the highest length of delay for October since 2021.

In terms of carrier specifics, 12 of the 13 top carriers continue to report a double-digit decrease in reliability for 2024. Maersk was the most reliable carrier in October 2024 with 57.9%, followed by the Mediterranean Shipping Co (52%).

Much has been made of the potential for front-loading of goods into the US to beat tariffs that look ever more likely to come into force in 2025. This has been put forward as a contributing factor for 2024’s wretched reliability record, but as Lloyd’s List reported, Asia-US west coast rates do not back that assessment up.

Comments from CMA CGM executive vice-president Christine Cabau Woehrel, reported in Lloyd’s List, suggested that increased vessel size and calls from bigger boxships were clogging up normally efficient Asian ports.

“We need to adapt to this new normal, because it’s not easy for ports worldwide to immediately expand yard space,” said Woehrel.

“We need new processes between terminals and shipping lines, and stronger collaboration on anticipating ship arrivals, productivity, and yard preparation to create new working modes together.”

Download the Lloyd’s List App — the essential tool for staying ahead in the maritime industry, anytime, anywhere! Available now on the App Store and Google Play. More information here

Related Content

Topics

  • Related Companies
  • UsernamePublicRestriction

    Register

    LL1151620

    Ask The Analyst

    Please Note: You can also Click below Link for Ask the Analyst
    Ask The Analyst

    Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

    All fields are required.

    Please make sure all fields are completed.

    Please make sure you have filled out all fields

    Please make sure you have filled out all fields

    Please enter a valid e-mail address

    Please enter a valid Phone Number

    Ask your question to our analysts

    Cancel