Containership reliability ebbing at end of 2014
Containership reliability declined for the second month in a row in December 2014, according to Drewry’s enhanced Carrier Performance Insight. The latest data shows that the aggregate on-time performance for the Asia-Europe, transpacific and transatlantic trades dropped to 58% in December, down from 62% in November and 64% in October 2014.
December’s on-time performance was the worst since August (55%) with the monthly decline the result of weaker reliability across all three trades. Reliability in the Asia-Europe trade (7,475 voyages tracked) declined by 4.5 points month-on-month to 64.3%. In the transpacific (3,826 voyages), the on-time performance dropped 3.3 points to a new low of 47.4%, while transatlantic (570 voyages) reliability also slumped to a nadir of 46.3%, down by 12.6 points.