Schedule reliability of global shipping lines drops in July 2024

Denmark-based research and analysis specialist SeaIntelligence reported that Global Schedule Reliability dropped by -2.1 percentage points in July.

Sea-Intelligence released its 156 issue of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including July 2024.

“In July 2024, global schedule reliability dropped by -2.1 percentage points M/M to 52.1%,” said Alan Murphy, chief executive officer of Sea-Intelligence.

According to the report, schedule reliability in July is almost at the same level as it was at the start of the year and is keeping in line with the trends seen so far in 2024, with reliability largely within 50%-55%.

On a Y/Y level, schedule reliability in July 2024 was -12.0 percentage points lower. The average delay for LATE vessel arrivals improved, albeit marginally, decreasing by -0.02 days M/M to 5.24 days.

This figure was only surpassed by the pandemic highs of 2021-2022. On a Y/Y level, the July 2024 figure was 0.63 days higher.

Maersk has also climbed in the first place as the most reliable top-13 carrier in the report in July 2024, with schedule reliability of 54.6%, in comparison with the other carriers MSC, CMA CGM, Evergreen, Hapag-Lloyd, OOCL, ZIM, Cosco, HMM, Yang Ming, ONE, PIL, and Wan Hai.

There were another 3 carriers above the 50% mark, with the remaining 9 carriers all in the 40%-50% range.

Only ZIM and MSC were able to record a M/M improvement in schedule reliability in July 2024, Sea‑Intelligence said.

The full report can be found here.