OOCL tops ocean carrier reliability chart, with Yang Ming taking wooden spoon
Hong Kong container shipping line OOCL has been named as the most reliable carrier by SeaIntel ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
Severe congestion maybe the excuse, but container line reliability fell in December for the second month in a row and recorded the worst on-time performance since last August. The aggregate performance for the three main trades dropped to 58% in the last month of the year. The worst lane was the transatlantic, which slumped to 46.3%. Maersk bucked the trend with a three-month average of 80%, followed by Hamburg Sud (75%) and Cosco (70%), while MSC showed off its new colours by rising 9 points to 61%. According to Drewry, the industry could see better results soon as slow winter demand and cheaper fuel prices may help box lines to catch up.
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