On Time Performance

Monday, 01 August 2016

MOL Liner Ltd. Announces On-Time Arrival Performance Results for April 2016 to June 2016


August 1, 2016 – Hong Kong – MOL Liner Ltd. today announced the On-Time Arrival Performance quarterly results for April to June 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.

 

I.        East-West Trade

 The below services are measured:


(Table 1)

MOL East-West Trades

On-Time Arrival Performance
(All vessels)
(April 2015 – June 2016)

Trade Lane

(No. of services)

Apr - Jun

2015

Jul - Sep

2015

Oct - Dec

2015

Jan - Mar

2016

Apr - Jun

2016

Asia-U.S. West Coast (11)

74%

75%

86%

79%

89%

Asia-U.S. East Coast (8)

79%

82%

86%

70%

78%

Transatlantic (2)

83%

88%

75%

60%

79%

Asia-Europe (5)

85%

82%

92%

82%

85%

Asia-Mediterranean (4)

78%

88%

95%

93%

81%

 

The following performance criteria were used:

  • Measured 30 services on MOL’s East-West trade on all vessels.

 

(Table 2)

MOL East-West Trades On-Time Arrival Performance

(Vessels under MOL operation)

(April 2015 – June 2016)

Trade Lane

(No. of services)

Apr - Jun

2015

Jul - Sep

2015

Oct - Dec

2015

Jan - Mar

2016

Apr - Jun

2016

Asia-U.S. West Coast (2)

82%

98%

98%

94%

100%

Asia-U.S. East Coast (2)

60%

90%

94%

89%

97%

Transatlantic (0)

No MOL ships deployed in Transatlantic service since January 2015.

Asia-Europe (2)

81%

100%

94%

95%

100%

Asia-Mediterranean (1)

100%

89%

100%

100%

80%

 

The following performance criteria were used:

  • Measured 7 services on MOL’s East-West trade on MOL’s own vessels.

 

Note:

Both Asia-U.S. West Coast (JAS and SE2) and Asia-U.S. East Coast (CNY and SVS) services under MOL operation improved in April to June 2016. The Asia-U.S. West Coast service improved from 94% in January to March 2016 to 100% in April to June 2016, while the Asia-U.S. East Coast service improved from 89% in January to March 2016 to 97% in April to June 2016.

 

For the Asia to Europe service (LP1 and LP7), MOL vessels’ performance improved from last quarter’s 95% to 100% this quarter. No MOL ships deployed in LP4 service since October 2015.

 

For the Asia to Mediterranean service (EUM), the on-time performance of MOL vessels slipped from 100% in January to March 2016 to 80% in April to June 2016 due to bad weather and port closure in China.

 

 

II.      North-South Trade

 The below services are measured:

Asia-ECSA (East Coast South America) (CSW)

Asia-Mexico/WCSA (West Coast South America) (CWL)

Europe-South Africa (SRX)

 

 The measuring ports are as follows:

 

 

First Discharge port

Service

South Bound

(Asia-ECSA)

North Bound

(ECSA-Asia)

CSW (10/10)

Santos

Singapore

 

First Discharge port

Service

East Bound

(Asia-WCSA)

West Bound

(WCSA-Asia)

CWL (3/11)

Manzanillo, Mexico

Tokyo

 

First Discharge port

Service

South Bound

(Europe-South Africa)

North Bound

(South Africa-Europe)

SRX (2/8)

Cape Town

Rotterdam

Note: (number of MOL vessels / number of all vessels in a service)

 

 

(Table 1)

MOL North-South Trades

On Time Arrival Performance(All vessels)

(April 2015 – June 2016)

Trade Lane

(No. of services)

Apr - Jun

2015

Jul - Sep

2015

Oct - Dec

2015

Jan - Mar

2016

Apr - Jun

2016

Asia-ECSA (CSW) (1)

100%

96%

100%

100%

86%

Asia-WCSA (CWL) (1)

100%

86%

57%

70%

85%

Europe-South Africa (SRX) (1)

96%

83%

92%

70%

90%

 

The following performance criteria were used:

  • Measured 3 services on MOL’s North – South trade on all vessels.

 

(Table 2)

MOL North-South Trades

On-Time Arrival Performance(Vessels under MOL operation)

(April 2015 – June 2016)

Trade Lane

(No. of services)

Apr - Jun

2015

Jul - Sep

2015

Oct - Dec

2015

Jan - Mar

2016

Apr - Jun

2016

Asia-ECSA (CSW) (1)

100%

96%

100%

100%

100%

Asia-WCSA (CWL) (1)

100%

100%

75%

100%

100%

Europe-South Africa (SRX) (1)

100%

100%

100%

67%

100%

The following performance criteria were used:

·         Measured 3 services on MOL’s North – South trade on MOL’s own vessels.

 

Note:

In April to June 2016, MOL's Asia-East Coast South America (CSW) and Asia-West Cast South America services (CWL) continued to achieve 100% on-time performance results.

 

MOL operated vessels in the SRX service improved significantly from 67% in January to March 2016 to 100% in April to June 2016 due to stable weather in South Africa.

 

III.           Intra Asia Trade 

 The below services are measured:

Japan – Hong Kong/Straits/India/Pakistan (CHS/HS3/HSX)

Japan – Thailand (CBE/CBW)

 

 The measuring ports are as follows:

Service

South Bound

North Bound

CHS (3/3)

Singapore

Tokyo

HS3 (3/4)

Singapore

Osaka

HSX (5/7)

Singapore

Osaka

CBE (3/3)

Laem Chabang

Tokyo

CBW (3/3)

Laem Chabang

Osaka

Note: (number of MOL vessels / number of all vessels in a service)

 

(Table 1)

MOL Intra Asia Trades

On-Time Arrival Performance(All vessels)

(April 2015 – June 2016)

Trade Lane

(No. of services)

Apr - Jun

2015

Jul - Sep

2015

Oct - Dec

2015

Jan - Mar

2016

Apr - Jun

2016

Japan-Hong Kong/Straits (CHS) (1)

100%

81%

100%

85%

96%

Japan-Hong Kong/Straits(HS3) (1)

81%

92%

96%

92%

N/A

Japan-Hong Kong/StraitsIndia/Pakistan (HSX) (1)

N/A

N/A

N/A

N/A

100%

Japan – Thailand (CBE) (1)

96%

67%

50%

65%

77%

Japan – Thailand (CBW) (1)

100%

73%

74%

76%

62%

The following performance criteria were used:

  • Measured 4 services on MOL’s Intra Asia trade on all vessels.

 

 

(Table 2)

MOL Intra Asia Trades

On-Time Arrival Performance(Vessels under MOL operation)

(April 2015 – June 2016)

Trade Lane

(No. of services)

Apr - Jun

2015

Jul - Sep

2015

Oct - Dec

2015

Jan - Mar

2016

Apr - Jun

2016

Japan-Hong Kong/Straits (CHS) (1)

100%

81%

100%

85%

96%

Japan-Hong Kong/Straits

(HS3) (1)

84%

95%

95%

95%

N/A

Japan-Hong Kong/Straits/

India/Pakistan (HSX) (1)

N/A

N/A

N/A

N/A

100%

Japan-Thailand (CBE) (1)

96%

67%

50%

65%

77%

Japan-Thailand (CBW) (1)

100%

73%

74%

76%

62%

 

The following performance criteria were used:

·         Measured 4 services on MOL’s Intra Asia trade on MOL’s own vessels.

 

Note:

After careful evaluation of our service network, MOL has modified the Japan to South East Asia (HS3) service into a modified HSX product. The HSX service commenced on May 31, 2016 and it provides wider connectivity with the current network over key transshipment ports in Japan, South East Asia to some key ports in India and Pakistan. MOL operated vessels in this enhanced HSX service achieved 100% on-time arrival performance.

 

MOL operated vessels in the CHS service improved from 85% in January to March 2016 to 96% in April to June 2016.

 

The CBE on-time performance under MOL operation improved from 65% in January to March 2016 to 77% in April to June 2016.  

 

For the CBW service, berth congestions in Osaka, Kobe, Manila and Laem Chabang, as well as port closure in Xiamen due to bad weather, which affected MOL’s vessel on-time performance. The performance slipped from 76% in January to March 2016 to 62% in April to June 2016. Additionally, adverse weather in Busan and Bangkok as well as the tidal restrictions also delaying MOL’s vessel arrival. As a result, the on-time performance of CBW slipped to 62%.  

 

 

About MOL 
Mitsui O.S.K. Lines, Ltd. (MOL) has the world’s largest ocean shipping fleet. Backed by experience and technologies developed over 132 years, MOL moves today’s global economy. MOL operates specialized bulk carriers for iron ore, coal, and woodchips; tankers that transport crude oil and LNG; car carriers; cruise ships; ferries and coastal liners; and containerships that deliver a variety of finished products as part of the largest and most diverse global network of liner and logistics services. MOL Liner Ltd. is a wholly-owned subsidiary of MOL. The company transports a wide variety of cargoes in international standard containers. The MOL Liner containerships also cover a global network of routes. For more information, please visit www.molpower.com.

 

For more information, please contact:
Marvis Wong, Assistant  Manager, Global Marketing and Communications

MOL Liner Ltd.
Tel: (852) 2823 6564 
Email: marvis.wong@mol-liner.com


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