Friday, December 12, 2014

Top Story

Drewry: Maersk and Hamburg Süd are the top two most reliable
container carriers

Maersk Line and Hamburg Süd are the top two most reliable container carriers, according to rankings published in the latest issue of the Carrier Performance Insight by Drewry Maritime Research.

Maersk Line and Hamburg Süd were by far the most reliable carriers in the three months ending October 2014, Drewry says, with overall on-time performances of 80.4 percent and 78.5 percent, respectively. The next best performing carrier was Cosco at 69.9 percent, with its CKYHE Alliance partners — Evergreen, K Line, Hanjin Shipping and Yang Ming — not too far behind.

Drewry’s new online version of Carrier Performance Insight, a collaboration with CargoSmart, uses Automatic Identification System data to measure on-time port arrivals against schedules on 350 different port pair combinations. The service provides carrier performance benchmarking on a port-to-port, trade lane, service and industry-wide basis, and is updated every month.

Industry-wide containership reliability improved gradually in the three month period to October, analysts say. The latest data shows that aggregate on-time performance for the Asia-Europe, Trans-Pacific and Trans-Atlantic trades improved to 64 percent in October, up from 63 percent in September and 55 percent in August.

"It is a positive to see reliability improving, but the industry’s on-time performance is still unacceptably low for many shippers," said Simon Heaney, senior manager of supply chain research at Drewry.

The Asia-Europe trade was the least reliable during August-October with only 58 percent of ships arriving on-time, compared to 62 percent in the Trans-Pacific and 77 percent in the Trans-Atlantic.

Looking ahead, Drewry predicts the recent drop in fuel prices could have some positive influence on reliability.

For more of the Drewry Carrier Performance Insight story: www.drewry.co.uk



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