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After more than a year and a half when only a third of containerships were reliably on schedule, the industry is showing strong improvements, reaching schedule reliability levels not seen in 20 months. Nearly half of containerships were reliably on schedule in August 2022. In addition, the average delay continues to dramatically improve, as the industry reports declines in volumes and a retreat from the surge experienced in 2021.
“Global schedule reliability continues to trend upwards, recording the largest month-over-month increase in 2022,” highlights Alan Murphy, CEO of Sea-Intelligence. “The average delay for late vessel arrivals has been dropping sharply so far this year,” he notes, falling to the lowest level since April 2021 and only the second time in 20 months that it has been below six days.
Read more in an article from The Maritime Executive.