Reliability in March is still below last year's levels, though there was an improvement in March, with 72.3 per cent of vessels arriving on time, up from 68.4 per cent in February, according to the latest Global Schedule Reliability report from SeaIntel Maritime Analysis.
Ending a three-month slide in performance, March's improved reliability was chiefly driven by better performances on the transpacific eastbound, Asia-Europe and Asia-Mediterranean trade lanes.
Yet these trade lanes are still below last year's levels by 21, 24 and 27 percentage points respectively.
Maersk Line was the most reliable shipping line in March with an on-time performance of 83.6 per cent, followed by Hamburg Sud with 81.1 per cent and United Arab Shipping Co (UASC) with 75.9 per cent, reported Lloyd's List.
Said SeaIntel partner Alan Murphy: Even though we are now seeing an improvement in the carriers' performance, it will take some months of continued improved performance before shippers will experience a performance level similar to the one they experienced a year ago.
It is doubtful whether the carriers will be able to reach the same level as last year, as most carriers are or will be reshuffling their services on the major east-west trade lanes and in some of the north-south trade lanes too.
So far, we have seen a significant number of service changes this year, and these changes cannot avoid impacting the carriers' schedule reliability as vessels need to be phased in and out of services.