Container carriers schedule reliability improved in February

April 09, 2024

Sea-Intelligence has published issue 151 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including February 2024.

After a tumultuous few weeks in the wake of the Red Sea crisis, some form of stability has ensued, with the round-Africa routings now normalising.

This was also reflected in the February 2024 global schedule reliability score, which improved by 1.7 percentage points M/M to 53.3%. On a Y/Y level however, schedule reliability was -6.9 percentage points lower.

The average delay for LATE vessel arrivals also improved to 5.46 days, roughly the same level as pre-Crisis, which means that the increase due to the crisis has reverted.

Hapag-Lloyd was the most reliable top-13 carrier in February 2024 with schedule reliability of 54.9%. Another 7 carriers were above the 50% mark, with the remaining carriers all in the 40%-50% range.

Source: Sea-Intelligence