On Time Performance

Thursday, 25 April 2013

MOL Announces On Time Arrival Performance Results for January - March 2013


April 25, 2013, Tokyo – MOL today updated On Time Arrival Performance results for January - March 2013 for the major trade lanes for quarterly report 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)

I.              East-West Trade
 
 
(Table 1)
MOL East-West Trades On Time Arrival Performance
(All vessels)
(Apr 2012 – Mar 2013)
Trade Lane (No. of services)
Apr-Jun
2012
Jul-Sep
2012
Oct-Dec
2012
Jan-Mar
2013
Asia – U.S. West Coast (9)
87%
87%
81%
87%
Asia – U.S. East Coast (6)
81%
84%
73%
70%
Transatlantic (4)
97%
86%
83%
74%
Asia -Europe (5)
87%
69%
81%
63%
Asia – Mediterranean (3)
70%
53%
87%
73%
 
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 ships under our operation)
(Apr 2012 – Mar 2013)
Trade Lane (No. of services)
Apr-Jun
2012
Jul-Sep
2012
Oct-Dec
2012
Jan-Mar
2013
Asia – U.S. West Coast (2)
85%
97%
88%
95%
Asia – U.S. East Coast (2)
93%
85%
81%
76%
Transatlantic (2)
100%
88%
67%
63%
Asia -Europe(3)
96%
84%
78%
69%
Asia – Mediterranean (2)
66%
59%
40%
25%
 
 
Note:
 
In Q1 2013, Asia-USWC services performance recovered from Q4 2012 but they still experienced delays due to the unstable weather at Pacific Ocean.
 
Asia-USEC services still suffered delays due to continuous weather interruptions in both Pacific Ocean and Atlantic Ocean since last quarter. In additional to weather factors, port congestions in Shanghai, Pusan and Balboa impacted our vessel schedules in March 2013.
 
Similar to Asia-USEC and Asia-USWC services, Transatlantic services still suffered heavy delays because the poor weather in Atlantic Ocean.
 
Strikes in Le Havre and Ashdod, port congestion and closured in Shanghai/Ningbo and port congestion in Hong Kong/Jeddah severely affected the schedule integrity of Asia to Europe/Mediterranean vessels which caused heavy delays to EUR/MED services.
 
 
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)
(Apr 2012 – Mar 2013)
Trade Lane (No. of services)
Apr-Jun
2012
Jul-Sep
2012
Oct-Dec
2012
Jan-Mar
2013
Asia– ECSA (CSW) (1)
77%
85%
93%
77%
Asia– Mexico/WCSA (CWL)(1)
100%
100%
88%
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 ships under our operation)
(Apr 2012 – Mar 2013)
Trade Lane (No. of services)
Apr-Jun
2012
Jul-Sep
2012
Oct-Dec
2012
Jan-Mar
2013
Asia– ECSA (CSW) (1)
77%
85%
93%
77%
Asia– Mexico/WCSA (CWL) (1)
100%
100%
100%
67%
 
Note:
 
CSW performed 100% punctuality on South Bound schedule, however, more vessels were suffered by seasonal wind bound at South Africa on CSW North Bound and this impacted overall punctuality in the 1st quarter of 2013.
 
CWL overall performance improved. One MOL operation vessel was affected by Tokyo pilotage suspension due to strong wind and this impacted the punctuality on CWL West Bound schedulein Q1 2013, but MOL maintained 100% punctuality on East Bound.
 
 
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 ships
 
 
 
(Table 1)
MOL Intra Asia Trades On Time Arrival Performance
(All vessels)
(Apr 2012 – Mar 2013)
Trade Lane (No. of services)
Apr-Jun
2012
Jul-Sep
2012
Oct-Dec
2012
Jan-Mar
2013
Intra Asia (4)
99%
91%
99%
98%
 
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 ships under our operation)
(Apr 2012 – Mar 2013)
Trade Lane (No. of services)
Apr-Jun
2012
Jul-Sep
2012
Oct-Dec
2012
Jan-Mar
2013
CHS (Japan-Hong Kong/Straits)1
100%
96%
100%
100%
HS3 (Japan-Hong Kong/Straits)(1)
92%
85%
100%
100%
CBE (Japan-Thailand)(1)
100%
100%
96%
92%
CBW (Japan-Thailand)(1)
100%
81%
100%
100%
 
Note:
CBE suffered accumulated delay due to New Year port closure in January, while CHS, HS3 and CBW maintained 100% punctuality for the past quarter.
 
 
 
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.