On Time Performance

Thursday, 28 April 2016

MOL Liner Ltd. Announces On-Time Arrival Performance Results for January to March 2016


MOL Liner Ltd. today announced the On-Time Arrival Performance quarterly results for January to March 2016 for the major trade lanes as an effort of upgrading and improving the quality of services MOL Liner offers.

 

During the past four years, MOL has continued to offer industry-leading transparency to customers and showcase its strength as a carrier that provides high quality service by working towards a set of goals for key performance indicators (KPI), including on-time arrival performance.

                                                                        

Measurement criteria are:

 

  • Scope of trade lanes is

    East-West Trade:        Asia-U.S. West Coast, Asia-U.S. East Coast, Transatlantic, Asia-Europe, Asia-Mediterranean

     

    North-South Trade:     Asia-East Coast South America, Asia-Mexico/West Coast South America, Europe-Africa

     

    Intra Asia Trade:         Intra Asia

     

  • When a vessel arrives at the first port of destination area for both directions, eastbound and westbound, within 24 hours of scheduled time of arrival, the voyage is regarded as On-Time Arrival.

     

  • In each trade, Table 1 covers all vessels in the above scope and Table 2 covers vessels under MOL operations. Both results are weight-averaged based on MOL space allocation of each service.

The following performance criteria were used:

  • Measured 8 services on MOL’s East-West trade route on MOL’s own vessels

 

Note:

While attempting to maintain last quarter’s performance level for all Asia-U.S. West Coast and Asia-U.S. East Coast services, adverse weather interruptions in both the Pacific ocean and Atlantic ocean together with dense fog and port closure in Ningbo, Qingdao, Shanghai and Yantian resulted in reduced performance in January to March 2016.


On Asia to U.S. West Coast and Asia to U.S. East Coast services, the construction work in the GCT Deltaport in Vancouver caused berth congestion, which affected MOL’s vessels arrival at Vancouver. Additionally, accumulated delays due to port closure in both U.S. and Asia during Christmas holiday, New Year holiday and Chinese New Year holiday impacted MOL’s vessels performance in two services. MOL operated vessels under Asia to U.S. West Coast slipped slightly to from 98% in October to December 2015 to 94% in January to March 2016, while Asia to U.S. East Coast performance slipped to 89% in January to March 2016, compared to 94% in October to December 2015.

 

Bad weather in the U.S. also impacted the overall on-time performance of Transatlantic service. The performance slipped from 75% in October to December 2015 to 60% in January to March 2016 as a result.

 

MOL operated vessels on the Asia to Europe service remained at 95% in January to March 2016.

 

The Asia-Mediterranean services maintained a high level of on-time reliability and vessels under MOL operation achieved 100% on-time performance in January to March 2016.



Note:

Asia–ECSA and WCSA services under MOL operation achieved a strong on-time performance result of 100% in January to March 2016.  

 

For the Europe-South Africa service, seasonal wind bound affected MOL’s SRX on-time performance in January to March 2016. The performance of SRX slipped from 100% in October to December 2015 to 67% in January to March 2016.

III. Intra Asia Trade

  1.  

  • The below services are measured:

    Japan – Hong Kong/Straits (CHS/HS3)

    Japan – Thailand (CBE/CBW)








Note:

The bad weather condition in Japan affected the terminal operations and resulted in port congestion in Kobe, which affected CHS’s on-time departure performance under MOL operation. The performance slipped from 100% in October to December 2015 to 85% in January to March 2016.

 

For HS3 service, MOL remained a strong performance at 95% in January to March 2016, despite port congestion in Japan during the New Year holiday and bad weather in Qingdao.

 

The performance of CBE improved from 50% in October to December 2015 to 65% in January to March 2016, while CBW on-time performance remained at 76% in January to March 2016. Both CBE and CBW services under MOL operation were continuously affected by worsening berth congestion and low productivity at Manila, as well as berth unavailability in Laem Chabang. Rough sea condition in Laem Chabang, Bangkok and Osaka also had some impact on two services.

 

Additionally, Manila Port was closed due to the Good Friday holiday which caused some delays on CBE and CBW.  



































































 

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