Reliability of Containership Schedule Stabilizes Amid Red Sea Diversions

The Sea-Intelligence end-of-year report for 2024 revealed that containership schedule reliability remained consistent around 50%-55%, slightly lower than the previous year. Despite challenges like diversions and longer travel times, the industry maintained a yearly average of 53%. Maersk led with over 60% reliability, aiming to exceed 90% with new routes.

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First Dual-Fuel LNG Ferry Handed Over in Scotland After Delays and Controversies

Scottish shipbuilder Ferguson Marine recently handed over the first dual-fuel LNG ferry, the Glen Sannox, to the government. Delayed by nearly ten years and facing cost overruns, the 7,300-ton vessel is now set to serve the Arran route. Despite controversies and ballooning costs, the ferry marks a crucial step in Scotland’s ferry procurement program.

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Container Shipping Delays Surge in 2024 as Schedule Reliability Hits New Low

In 2024, delays for containerships have reached levels not seen since the pandemic peak, with schedule reliability dropping to 51.4%. Maersk and Hapag-Lloyd aim to improve to 90% with the Gemini Cooperation in 2025. Port congestion in Asia and disruptions from Red Sea rerouting are contributing factors. Vessel bunching and winter weather challenges are causing delays.

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Red Sea Diversions Improve Liner Shipping Industry Schedule Reliability

Four months into the Red Sea diversions, liner shipping has shown improvements in schedule reliability. Sea-Intelligence reports a 1.6% increase in carrier reliability in March 2024, reaching nearly 56%. Carriers have adjusted schedules and brought in new tonnage to absorb disruptions, with late-arriving vessels reducing wait times. Pre-crisis levels are not yet reached.

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