Improved global schedule reliability

Global schedule reliability is starting to show signs of improvement and for the month of July we have seen the scale show an improvement against 2021 levels. In recent months carrier vessel schedule reliability has improved MoM to 40.5%.

The lowest vessel reliability trade lane sector was again recorded on the Asia-US East Coast trade (15.9%) while the South America-Mediterranean trade lane was the best performing trade (64.0%).

On the Transpacific vessel schedule reliability in recent months has increased MoM in both directions, 39.8% to 39.6% on the Westbound and 36.2% to 38.6% on the Eastbound leg. On the Asia-North Europe trade lane performance has been improving since March and now stands at 31.5%.

On the Transatlantic trade lane, the figures went up to 29.8% on the westbound and 39.6% on the eastbound leg. The Asia-South America trades performed comparably well: 49.6% Asia-ECSA and 53.9% Asia-WCSA.

Should you have any questions in regards to the above, please do not hesitate to contact your DEAN World Cargo Account Manager.

Global average vessel delays is on the decline

Some of the congestion that has lingered for over 2 years is starting to dissipate and we can see from the attached figure that. average delays are also coming. This is due to many large port around the world have come back to almost full capacity in terms of staffing and operational capacity.

We must put into context that whilst we are seeing improvement, we are still hovering at record low levels.

Should you have any questions in regards to the above, please do not hesitate to contact your DEAN World Cargo Account Manager.