Wednesday, July 18, 2012

REPORT: Gap between container delivery and vessel reliability

There is a gap that ranges from 8 to 52 percentage points depending upon the global shipping tradelane between container delivery and vessel reliability, according to an industry metrics report.

The Container Shipping Reliability Report's data is provided by the online ocean shipping platform INTTRA and analyzed by SeaIntel from what both parties say are out of an average of 900,000-1,000,000 container status messages processed daily from online shipping transactions that represent over 18 percent of total global container shipments.

The Asia to Europe and Asia to North America trades show container delivery gaps that are 8-10 percentage points lower than the vessel reliability, the report said.

In the Europe to Australia/New Zealand tradelane where vessel reliability for direct service has been 88 percent, container delivery has been at only 36 percent reliability for a difference of 52 percentage points, according to the report.

The INTTRA-SeaIntel report also revealed improvements in overall on-time performance for the global ocean shipping sector with on-time delivery in June improving to 64 percent from 61 percent in May.

Asia to Europe on-time delivery was up 9 percent to 74 percent to date in 2012 compared to the same period in 2011. Asia-Mediterranean performance was up 22 percent to 68 percent for the same period, the report said.

"The analysis of the on-time delivery on the direct services from China to various European countries revealed a strong correlation in the number of direct services and on-time performance. In markets where there are more direct services the performance in on-time container delivery for all participants is higher," the report said.

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