Tuesday, May 26, 2015

Maersk Line ranked second in Q1 reliability



The first quarter reliability results by maritime analyst SeaIntel showed Maersk Line in second place while CSAV was number one, with a 0.6 percent point lead at 81 percent, according to a Maersk statement. Hamburg Süd came in third with 80.2 percent.

Maersk Line Head of Operations Execution Keith Svendsen said the decline was largely due to congestion on the U.S. West Coast impacting January reliability.

The SeaIntel report also indicated a global decline of reliability from 73.7 percent in the last quarter of 2014 to 69.7 percent for the first quarter of 2015, according to the statement. A number of incidents around the word contributed to the dip in results.

Svendsen explained that the global performance

fluctuates based on seasons and unforeseen events.

On the Asia-North Europe trade lane now operating in a vessel-sharing agreement with MSC, Maersk Line posted an overall schedule reliability of 91.1 percent, putting the carrier in the top spot. In the Asia-Mediterranean trade lane Maersk Line came in second to CSAV with a recorded schedule reliability of 76.2 percent, the statement said.

Maersk Line said the 2M alliance posted a schedule reliability score of 79.3 percent in February but declined in March with an average of 67.5 percent. Despite the dip, 2M is still the most reliable alliance in the East-West trade lane, followed by Ocean Three and CKYHE.


More Newswire stories

ILWU and PMA ratify W.C. dockworker contract

Sen. Murray and Cantwell champion U.S. Export-Import Bank

SC ports volume up nearly 15 percent in April

Small offshore oil platform catches fire off Louisiana



Today's Cargo News Archives