On Time Performance

Wednesday, 30 January 2013

MOL Announces On Time Arrival Performance Results for October - December 2012


January 30, 2013, Tokyo – MOL today updated On Time Arrival Performance results for October - December 2012 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)
(Jan 2012 – Dec 2012)
Trade Lane (No. of services)
Jan-Mar
2012
Apr-Jun
2012
Jul-Sep
2012
Oct-Dec
2012
Asia – U.S. West Coast (9)
72%
87%
87%
81%
Asia – U.S. East Coast (6)
82%
81%
84%
73%
Transatlantic (4)
77%
97%
86%
83%
Asia -Europe (5)
80%
87%
69%
81%
Asia – Mediterranean (3)
42%
70%
53%
87%
 
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)
(Jan 2012 – Dec 2012)
Trade Lane (No. of services)
Jan-Mar
2012
Apr-Jun
2012
Jul-Sep
2012
Oct-Dec
2012
Asia – U.S. West Coast (2)
75%
85%
97%
88%
Asia – U.S. East Coast (2)
100%
93%
85%
81%
Transatlantic (2)
71%
100%
88%
67%
Asia -Europe(3)
96%
96%
84%
78%
Asia – Mediterranean (2)
100%
66%
59%
40%
 
 
Note:
 
While attempting to maintain last quarter’s performance level for overall and East Coast service, several weather interruptions on the US East Coast (NYC Hurricane Sandy) resulted in reduced improvements in service and significant delays. Berth congestion in Panama has also had some impact on East Coast services.
 
All Asia-USWC services experienced heavy delays due to labor issues (port strike) on the US West Coast as well as inclement weather while departing Asia and holiday productivity slow down in the US.
 
All Trans Atlantic services were severely delayed due to inclement weather on the US East Coast (NYC Hurricane Sandy) as well as reduced labor output during the year-end holidays.
 
Severe weather at some Asian ports (Shanghai & Ningbo Typhoons) affected the on time departure of Asia-EUR/MED vessels under MOL operation, resulting in heavy delays and congestion upon arrival at European ports.
 
 
 
 
 
 
 


 
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)
(Jan – Dec 2012)
Trade Lane (No. of services)
Jan-Mar
2012
Apr-Jun
2012
Jul-Sep
2012
Oct-Dec
2012
Asia– ECSA (CSW) (1)
81%
77%
85%
93%
Asia– Mexico/WCSA (CWL)(1)
100%
100%
100%
88%
 
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)
(Jan – Dec 2012)
Trade Lane (No. of services)
Jan-Mar
2012
Apr-Jun
2012
Jul-Sep
2012
Oct-Dec
2012
Asia– ECSA (CSW) (1)
81%
77%
85%
93%
Asia– Mexico/WCSA (CWL) (1)
100%
100%
100%
100%
 
Note:
 
CSW performed 100% punctuality on South Bound schedule. Seasonal wind bound at South Africa affected CSW North Bound and overall punctuality.
 
Heavy weather on the route from Mexico to Asia and Tokyo port congestion during New Year holiday affected CWL West Bound schedule,but we have maintained 100% punctuality in regards of ships under MOL operation.
 
 


 
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)
(Jan – Dec 2012)
Trade Lane (No. of services)
Jan-Mar
2012
Apr-Jun
2012
Jul-Sep
2012
Oct-Dec
2012
Intra Asia (4)
100%
99%
91%
99%
 
The above performance criteria were used:
·          Measured4 services on MOL’s Intra Asia trade route.
 
 
 


 
 (Table 2)
MOL Intra Asia Trades On Time Arrival Performance
(MOL ships under our operation)
(Jan 2012 – Dec 2012)
Trade Lane (No. of services)
Jan-Mar
2012
Apr-Jun
2012
Jul-Sep
2012
Oct-Dec
2012
CHS (Japan-Hong Kong/Straits)1
100%
100%
96%
100%
HS3 (Japan-Hong Kong/Straits)(1)
100%
92%
85%
100%
CBE (Japan-Thailand)(1)
100%
100%
100%
96%
CBW (Japan-Thailand)(1)
100%
100%
81%
100%
 
Note:
CBE was affected by engine trouble of the vessel and typhoon in October, 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.