It seems that the worst is over, with carriers recording a 5.8 percentage point M/M improvement in global schedule reliability in March, reaching 40.4%.
That’s according to the latest ‘Global Liner Performance’ (GLP) report released by maritime research company Sea-Intelligence.
“That said, there is a long way to go to reach the levels of the previous years,” said CEO Alan Murphy. “This was still the lowest schedule reliability for April in the 10 years that we have measured schedule reliability, with the gap to 2020 a sharp -29.9 percentage points.
“The average delay for late vessel arrivals also reversed its deteriorating trend, with the March 2021 figure 0.79 days lower M/M, albeit higher by 1.42 days Y/Y, and still the highest for any March at 6.16 days. The average delay in 2021-Q1 was higher than the extraordinarily high delays caused by the 2015-Q1 US West Coast labour dispute and has also been the highest for each month in all months since April 2020,” he said.