POST Online Media Lite Edition


Shipping lines recorded decline in performance ratings

Staff writer |
For the first time since February this year, global shipping lines'’s Global Liner Performance report, the drop amounts to almost four percentage points from 75.6 percent in June to 71.6 percent.

The report explained that shipping giants Maersk Line, Hamburg Süd and Hanjin are still the most reliable liners, adding that Hyundai Merchant Marine, MOL, NYK were found at the other end of the list of the world’s top 20 shipping lines. Three major trade lines were hit hardest, based on SeaIntel's report, those being the transpacific eastbound, Asia-Mediterranean and Asia-north Europe routes.

It explained that congestion issues in Rotterdam and Hamburg are believed to be the biggest contributors to liner reliability downturn between Asia and Europe, which fell for 20 percentage points.

What to read next

Cambodia-China direct cargo shipping route on course
EU clears CMA CGM, NOL container shipping merger
Three Japanese shipping lines have Singapore's OK for joint venture