MSC, Maersk only carriers with schedule reliability above 60%

Average delay improved once again, dropping by another -0.31 days M/M to 5.56 days In October

The Y/Y laden inbound growth in Q32022 was between 4-11%, and annualised growth was between 7-10%: Sea-Intelligence

Non-alliance carriers managed to triple market share from around 5% to around 15% during the peak of the market.

With schedule reliability of 53.2%, Maersk was the most reliable carrier in September.

On Transpacific, utilisation dropped below 90% for much of 2022, becoming a catalyst for declining freight rates.

Even with 26-31% capacity reduction on Transpacific & 19-27% on Asia-Europe, rates continue to fall: Sea-Intelligence