Friday, November 11, 2011

Container Reliability Improves

(International Freighting Weekly – Kizzi Nkwocha)

Container service reliability has improved for the second quarter in a row during the third quarter of 2011, analysts claim.

According to Drewry Maritime Research’s latest Schedule Reliability Insight report, the proportion of 3,281 ships arriving on time (defined as either arriving at port on the advertised ETA or a day earlier) at selected ports in the third quarter of 2011 rose by 8 percentage points against the previous quarter to 63%.
Drewry said Maersk Line retained its position as the most reliable of the Top 20 carriers (by vessel fleet size) across all the trades covered by the report. APL took second place, while its New World Alliance partner Hyundai Merchant Marine came third. Read more here.