Search results for: Carrier Reliability

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  • 23 July 2015

    Container service reliability made another steady improvement in June with the aggregate on-time performance for the three key East-West trades rising by 5.7 percentage points to extend the data-series record to 77.3%, according to Drewry’s Carrier Performance Insight. The latest on-time month-on-month gain marks the fifth month out of six that has occurred in 2015. […]

  • 23 July 2015

    Container service reliability made another steady improvement in June with the aggregate on-time performance for the three key East-West trades rising by 5.7 percentage points to extend the data-series record to 77.3%, according to Drewry’s Carrier Performance Insight. The latest on-time month-on-month gain marks the fifth month out of six that has occurred in 2015. […]

  • 21 May 2015
    Business & Finance

    Container service reliability reached a data-series high in April with the aggregate on-time performance for the three key East-West trades rising to 67.6%, up by 4.1 percentage points on March, according to Drewry’s Carrier Performance Insight. The previous best since Drewry’s new data series started in May 2014 was achieved in October last year (64.3%) after […]

  • 23 May 2017

    Carriers’ overall on-time and transit time reliability decreased in April as the great migration of vessels ensued amid launching of the mega ocean shipping alliances, 2M, OCEAN Alliance, and THE Alliance on April 1. Namely, the on-time reliability in April decreased to 59% from 63% in March 2017, according to the latest data provided by […]

  • 21 June 2017
    Business & Finance

    Carriers’ overall on-time schedule reliability improved 4.7%, increasing from 58.6% in April 2017 to 63.3% in May 2017, according to the latest data provided by intelligence provider CargoSmart. Regarding schedule reliability by trade, 10 of the 12 trades improved from April 2017 to May 2017. The trans-Atlantic trade experienced the largest improvement in reliability, rising by 21%, […]

  • 25 July 2017
    Business & Finance

    Carriers’ overall on-time and transit time reliability improved by 6.8%, increasing from 63.3% in May 2017 to 70.1% in June 2017. Reviewing schedule reliability by trade, nine of the 12 trades improved from May 2017 to June 2017, according to the latest data from intelligence provider CargoSmart. The three trades with decreasing schedule reliability were Asia-Africa, […]

  • 9 August 2018
    Business & Finance

    CargoSmart: Ocean carriers’ schedule reliability increased by 6.6% to 69.3% in June 2018.

  • 25 April 2018

    CargoSmart: Carriers’ schedule reliability decreased by 1.6%, from 59.6% in February 2018 to 58% in March 2018.

  • 5 September 2019

    The index will aim to help shippers optimize their supply chains.

  • 20 October 2015
    Business & Finance

    Container service reliability across the three main East-West trades reached a new data series high in September, rising by 6.5 percentage points over August to the new record of 79.9%, with the carrier pack led by Denmark’s Maersk Line, according to Carrier Performance Insight by Drewry Supply Chain Advisors. After a two-month break Maersk Line […]

  • 20 October 2015
    Business & Finance

    Container service reliability across the three main East-West trades reached a new data series high in September, rising by 6.5 percentage points over August to the new record of 79.9%, with the carrier pack led by Denmark’s Maersk Line, according to Carrier Performance Insight by Drewry Supply Chain Advisors. After a two-month break Maersk Line […]

  • 23 January 2014

    Mitsubishi Heavy Industries, Ltd. (MHI) has selected 14 of the company’s most notable technological advances or achievements of the past year and designated them to receive its “Best Innovation 2013” awards. The list of recipients includes the “Sayaendo,” a new-generation LNG (liquefied natural gas) carrier. “Sayaendo” features a continuous cover integrated with the ship’s hull, […]

  • 24 January 2014
    Business & Finance

    Mitsubishi Heavy Industries, Ltd. (MHI) has selected 14 of the company’s most notable technological advances or achievements of the past year and designated them to receive its “Best Innovation 2013″ awards. The list of recipients includes the “Sayaendo,” a new-generation LNG (liquefied natural gas) carrier. “Sayaendo” features a continuous cover integrated with the ship’s hull, […]

  • 20 April 2015
    Business & Finance

    Liner shipping service reliability across the three core EastWest trades hit a five-month peak in March with an aggregate on-time performance of 64%, according to Drewry’s Carrier Performance Insight. The latest result represents an 8.5 percentage point gain over February and is the second best average (after October 2014) since the start of the new […]

  • 13 November 2014
    Business & Finance

    Maersk Line remains the most reliable carrier in the third quarter of 2014 despite a global schedule industry-wide reliability dip, the latest report on global liner performance by maritime analyst SeaIntel shows. Maersk Line posted a score of 83.9%, compared to 85.7% in the previous quarter. Schedule reliability among the top 20 global carriers dropped […]

  • 1 August 2017
    Business & Finance

    Global schedule reliability improved 2.3 percentage points to 74.6% in the second quarter of 2017, from 72.3% in reported in the previous quarter, according to market intelligence provider SeaIntel informed. Although the score increased on a quarterly level, it dropped by 10.4 percentage points on a year-on-year level from 85% recorded in the second quarter of […]

  • 7 July 2015
    Business & Finance

    Singapore-based container line APL, part of Neptune Orient Lines, was the most reliable carrier with a global on-time performance of 85.5% in May, according to the latest Global Liner Performance Report by SeaIntel Maritime Analysis. The report, which ranks the performance of the top 20 carriers, says that there was a global improvement in container […]

  • 7 July 2015
    Business & Finance

    Singapore-based container line APL, part of Neptune Orient Lines, was the most reliable carrier with a global on-time performance of 85.5% in May, according to the latest Global Liner Performance Report by SeaIntel Maritime Analysis. The report, which ranks the performance of the top 20 carriers, says that there was a global improvement in container […]

  • 6 October 2017
    Business & Finance

    Schedule reliability for deep-sea carriers has positively impacted their financial results, according to a statistical analysis conducted by SeaIntel Maritime Analysis. SeaIntel tested the hypothesis on whether the relative profitability of a carrier is independent of their reliability relative to their competitors. The correlation coefficient between relative profitability and reliability across 14 quarters was calculated for all […]

  • 1 November 2017
    Business & Finance

    In the third quarter of 2017 Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) was the most reliable carrier with a schedule reliability score of 83.3%. Evergreen and Wan Hai were the second most reliable carriers scoring 82.5% each, followed by APL and HMM with 82.3% and 82.0%, respectively, according to the data provided […]

  • 29 June 2016
    Business & Finance

    Ocean carriers achieved a six-month high for liner service reliability in May, according to data provided by Drewry’s Carrier Performance Insight. The most reliable carrier in May was Hong Kong-based Orient Overseas Container Line (OOCL), which had an on-time average of 81.1%, very closely followed by Taiwan’s shipping company Wan Hai with 81.01% and Evergreen with 80.3%. […]

  • 21 November 2017
    Business & Finance

    Carriers’ overall on-time schedule reliability increased by 3.3%, from 64.3% in September 2017 to 67.6% in October 2017, latest data from intelligence provider CargoSmart shows. Regarding schedule reliability by trade, 10 of the 12 trades increased from September 2017 to October 2017. The Asia-Africa trade experienced the largest improvement in reliability, increasing by 11.5% to 45.9% in […]