Register
Register with JOC.com and receive 5 free pieces of content for the first thirty days. After thirty days, you will receive 3 pieces of content and after sixty days you will receive 1 piece of content. To receive full access,
Subscribe Today. You can also subscribe to our daily newsletter.
Record-low global schedule reliability of 44.6% in December 2020
Sea-Intelligence has published issue 113 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including December 2020. As the report itself is quite comprehensive and covers schedule reliability across 34 different trades lanes and 60+ carriers, this press release will only cover the global highlights from the full report.
Global schedule reliability dropped to 44.6% in December 2020, which means that for the fifth consecutive month, global schedule reliability has been the lowest across all months since Sea-Intelligence introduced the benchmark in 2011. Compared to December 2019, schedule reliability is -31.7 percentage points lower, and is the fifth consecutive month that we have recorded a double-digit Y/Y decline. We also see a similar trend with the average delay for LATE vessel arrivals, which has recorded consecutive M/M increases for the past four months, reaching 5.74 days