Container shipping schedule reliability improves to 64.4%

On a Y/Y level, schedule reliability was 19 percentage points higher. The average delay for late vessel arrivals decreased by 0.09 days M/M to 4.58 days. With the M/M decrease, the average delay for late vessel arrivals is now -1.30 days better off than at the same point last year.

With 71.3% schedule reliability in September, Maersk and Hamburg Süd were the most reliable top-14 carriers, followed by MSC with 69.8%. Six other carriers had schedule reliability of 60-70%.

There has been significant Y/Y growth in the capacity being offered in the market, says Sea-Intelligence in its latest update. "If the intention of blank sailings in recent months was to revert capacity growth, that hasn’t happened. As a result, we will continue to see very low utilisation in November 2023."

Sea-Intelligence shows the underlying capacity utilisation with the blue line showing the actual utilisation, and the orange line denoting "projection for the rest of 2023. The supply projection is based on carriers’ vessel deployment schedules until the end of 2023.

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