Global schedule reliability improved by 6.6 percentage points monthly in October 2022 and reached 52.0%; With scheduled reliability of 56.4%, Maersk was the most reliable carrier in October 2022, followed by MSC with 52.7%, according to Sea-Intelligence.
Sea-Intelligence has published Global Ship Performance (GLP) report No. 135, with schedule reliability figures through October 2022. The report is fairly comprehensive and includes reliability. Reliable schedules on 34 different trade routes and over 60 carriers.
Global schedule reliability improved by 6.6 percentage points monthly in October 2022 and reached 52.0%. The average delay for late arrivals has also improved significantly compared to the beginning of the year. In October 2022, the average delay once again improved, further reducing -0.31 monthly days to 5.56 days. The average latency is now consistently below the 6-day mark and close to the level of 2020.
With scheduled reliability of 56.4%, Maersk was the most reliable carrier in October 2022, followed by MSC with 52.7%. CMA CGM is the only other carrier above 50%. The remaining firms are very close to each other, all have 40%-50% reliability. Wan Hai recorded the lowest schedule reliability of 41.6%. The top 14 carriers all recorded monthly and yearly improvements in schedule reliability. In fact, all of the shipping lines that provide this service recorded double-digit year-over-year improvement, with nine of those lines recording an improvement of more than 20 percentage points.
Australia has made another stride in its agriculture sector by announcing an agreement to export plums to Vietnam in the near future, in addition to the current exports of peaches and nectarines. This project is part of a two-way agricultural market access agreement aimed at providing Australian plums to Vietnam and Vietnamese passion fruit to Australia.
Vietnamese tuna is enjoying many advantages in the UK market thanks to tariff incentives from the UK - Vietnam Free Trade Agreement (UKVFTA).
International media reports indicate that the container ship congestion at Singapore-one of Asia's busiest ports-has reached its worst level since the pandemic and has now spread to nearby ports like those in Malaysia. This situation poses a risk to the global supply chain and is causing delays in the shipment of goods within the region.
The Mid-Autumn Festival is upon us once again, bringing with it joy and warm moments of reunion.
On August 28, 2024, Glotrans representatives participated in the seminar "The Readiness of Supporting Industries in the Supply Chain for Emerging Technologies" hosted by the Ho Chi Minh City Department of Industry and Trade. This event marks a significant step forward in connecting and developing the supporting industry market in Vietnam.
Glotrans would like to inform our valued Customers and Partners about our National Day holiday schedule as follows: The holiday will start from Saturday, August 31, 2024, to the end of Tuesday, September 3, 2024. We will resume work on Wednesday, September 4, 2024.
