On Time Performance

Thursday, 01 August 2013

MOL Announces On Time Arrival Performance Results for April - June 2013


August 1, 2013, Tokyo – MOL today updated On Time Arrival Performance quarterly results for April - June 2013 for the major trade lanes as an effort of upgrading and improving the quality of services MOL Liner offers.

MOL has established a set of goals for KPIs including on time arrival performance in an effort to offer industry-leading transparency to customers and to showcase MOL's strength as a carrier that provides high quality service. (Press release on 2nd of March 2012) 

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

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

(Table 1)

MOL East-West Trades On Time Arrival Performance

(All vessels)

(July 2012 – June 2013)

Trade Lane (No. of services)

Jul-Sep

2012

Oct-Dec

2012

Jan-Mar

2013

Apr-Jun

2013

Asia - U.S. West Coast (9)

87%

81%

87%

92%

Asia - U.S. East Coast (6)

84%

73%

70%

76%

Transatlantic (4)

86%

83%

74%

78%

Asia - Europe (5)

69%

81%

63%

60%

Asia - Mediterranean (3)

53%

87%

73%

42%

 

The following performance criteria were used:

  •   Measured 27 services on MOL’s East-West trade route.

  

 (Table 2)

MOL East-West Trades On Time Arrival Performance

(MOL vessels under our operation)

(July 2012 – June 2013)

Trade Lane (No. of services)

Jul-Sep

2012

Oct-Dec

2012

Jan-Mar

2013

Apr-Jun

2013

Asia - U.S. West Coast (2)

97%

88%

95%

98%

Asia - U.S. East Coast (2)

85%

81%

76%

68%

Transatlantic (2)

88%

67%

63%

89%

Asia - Europe(3)

84%

78%

69%

73%

Asia - Mediterranean (2)

59%

40%

25%

18%

Note:

In Q2 2013, the weather in the Pacific Ocean was stable, allowing the on time performance of Asia-USWC services to resume to over 90%. An even higher level of performance was expected, but was not achieved due to the impact on vessels by a labor strike in Hong Kong.

Asia-USEC services’ performance maintained a similar level as was achieved in Q1 2013, while the major factor attributing to the low on time performance was terminal congestion in Algeciras.

Due to adverse weather conditions at Rotterdam, the Transatlantic on time performance for all vessels improved only slightly. MOL’s vessels were less affected and reached 89% punctuality.

Asia-EUR/MED services were significantly affected by the strike in Hong Kong while MED services also suffered from congestion in Ashdod, which further delayed their East Bound schedule.

 

II.            North-South Trade

 

·         Below services are measured

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

Asia - Mexico/WCSA (“West Coast South America”) (CWL - former WL1)

 

·         The measuring ports are as follows:

 

 

 

First Discharge port

Service

SouthBound

(Asia to ECSA)

NorthBound

(ECSA to Asia)

CSW (11/11)

Santos

Singapore

 

First Discharge port

Service

EastBound

(Asia to WCSA)

WestBound

(WCSA to Asia)

CWL (3/11)

Manzanillo, Mexico

Tokyo

 

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

 

 

(Table 1)

MOL North-South Trades On Time Arrival Performance

(All vessels)

(Jul 2012 – Jun 2013)

Trade Lane (No. of services)

Jul-Sep

2012

Oct-Dec

2012

Jan-Mar

2013

Apr-Jun

2013

Asia - ECSA (CSW) (1)

85%

93%

77%

70%

Asia - Mexico/WCSA (CWL)(1)

100%

88%

96%

96%

 

The above performance criteria were used:

  •   Measured 2 services on MOL’s North – South trade route.

 

 

 (Table 2)

MOL North-South Trades On Time Arrival Performance

(MOL vessels under our operation)

(Jul 2012 – Jun 2013)

Trade Lane (No. of services)

Jul-Sep

2012

Oct-Dec

2012

Jan-Mar

2013

Apr-Jun

2013

Asia - ECSA (CSW) (1)

85%

93%

77%

70%

Asia - Mexico/WCSA (CWL) (1)

100%

100%

67%

88%

 

Note:

Adverse weather condition in South Africa affected the CSW vessel punctuality and its performance in Q2 2013. The CSW’s on time performance was also worse than last quarter due to a labor strike at Hong Kong. 

The overall situation of the CWL held steady at 96%. One MOL operated vessel was affected by dense fog in Central China which had a significant impact on the punctuality of CWL West Bound leg in Q2 2013, while MOL maintained an on time performance of 100% on the East Bound leg. 

 

III.           Intra Asia Trade

 

·         Below services are measured:

Japan – Hong Kong/Straits (CHS/HS3)

Japan – Thailand (CBE/CBW)

 

·         The measuring ports are as follows:

 

 

 

Service

South Bound

NorthBound

CHS (3)

Singapore

Tokyo

HS3 (4)

Singapore

Osaka

CBE (3)

Laem Chabang

Tokyo

CBW (3)

Laem Chabang

Osaka

 

 

Note: (number) = Number of MOL operating vessels

 

 

(Table 1)

MOL Intra Asia Trades On Time Arrival Performance

(All vessels)

(July 2012 – June 2013)

Trade Lane (No. of services)

Jul-Sep

2012

Oct-Dec

2012

Jan-Mar

2013

Apr-Jun

2013

Intra Asia (4)

91%

99%

98%

90%

 

The above performance criteria were used:

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

 

 

 (Table 2)

MOL Intra Asia Trades On Time Arrival Performance

(MOL vessels under our operation)

(July 2012 – June 2013)

Trade Lane (No. of services)

Jul-Sep

2012

Oct-Dec

2012

Jan-Mar

2013

Apr-Jun

2013

CHS (Japan-Hong Kong/Straits)1

96%

100%

100%

85%

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

85%

100%

100%

77%

CBE (Japan-Thailand)(1)

100%

96%

92%

100%

CBW (Japan-Thailand)(1)

81%

100%

100%

100%

 

Note:

CHS and HS3 suffered delays due to serious port congestion and low terminal productivity due to a labor strike at Hong Kong. In the meanwhile, CBE andCBW maintained 100% punctuality in Q2 2013.