Despite several mainline trades continuing to be marred by issues of port congestion and equipment availability, as well as ongoing diversions from the Red Sea, the latest data from analyst Sea-Intelligence showed a picture of improving schedule reliability in May.
According to the analyst’s monthly Global Liner Performance, industry-wide schedule reliability across all trades improved by 3.8 percentage points, compared with April, to reach 55.8%, which is the highest schedule reliability figure for the year so far – 1.2 percentage points higher than the previous highest figure of 54.6%, achieved in March.
However, it remained some 11 percentage points below May last year, and Sea-Intelligence chief executive Alan Murphy highlighted the fact that “despite the improvement in schedule reliability, the average delay for late vessel arrivals continued to deteriorate, increasing by 0.34 days month on month, to 5.1 days.