ShippingWatch

P3 partner finishes last on reliability

Mediterranean Shipping Company (MSC), one of the partners in the planned P3 alliance with Maersk Line and CMA CGM, is the least reliable container carrier among the world's Top 20 carriers, according to a new analysis by SeaIntel.

Photo: APM Terminals

MSC, the 2nd largest container carrier in the world and partner in the announced P3 alliance with Maersk Line and French CMA CGM, achieved the lowest rate of schedule reliability among the Top 20 container carriers in the world, according to an analysis by SeaIntel, which measures carriers' ability to arrive on time in terms of their schedules in 2013 compared 2012.

Maersk Line is at the other end of the scale, ranked as the most reliable of all the Top 20 carriers, with a performance rating of 88 percent, while CMA CGM with 80.1 percent finished in the middle of field, ranking 10th. MSC, Mediterranean Shipping Company, finished last, at 20th, with 74.4 percent in 2013, though the carrier improved compared to last year, up from 71 percent.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Exmar to develop CO2 tanker in joint venture

Transporting CO2 will become an important market as the green transition gathers momentum, expects Belgian Exmar, which aims to develop a CO2 tanker in collaboration with Lattice.

Oil service firm loses nearly USD 60 million in three months

Norway's PGS still suffers under the Covid-19-stricken oil market, delivering yet another financial report with enormous red figures on the bottom line. The deficit is smaller than in Q3 2020, however, when PGS lost more than a quarter billion dollars.

IKEA sustainability manager: Green solutions should not cost more

As a starting point, furniture giant Ikea won't accept that green solutions become more expensive than polluting solutions, says Elisabeth Munck af Rosenschöld, Global Sustainability Manager for Supply Chain Operations, to ShippingWatch. Ikea is part of an alliance of global companies that calls for green shipping by 2040.

Further reading

Related articles

Trial banner

Latest news

See all jobs