On Time Performance

Thursday, 30 January 2014

MOL Announces On Time Arrival Performance Results for October - December 2013


January 30, 2014, Tokyo – MOL today updated On Time Arrival Performance quarterly results for October - December 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)

(January 2013 – December 2013)

Trade Lane (No. of services)

Jan-Mar

2013

Apr-Jun

2013

Jul-Sep

2013

Oct-Dec

2013

Asia - U.S. West Coast (9)

87%

92%

88%

83%

Asia - U.S. East Coast (6)

70%

76%

67%

62%

Transatlantic (4)

74%

78%

65%

67%

Asia - Europe (5)

63%

60%

45%

47%

Asia - Mediterranean (3)

73%

42%

49%

84%

 

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)

(January 2013 – December 2013)

Trade Lane (No. of services)

Jan-Mar

2013

Apr-Jun

2013

Jul-Sep

2013

Oct-Dec

2013

Asia - U.S. West Coast (2)

95%

98%

100%

100%

Asia - U.S. East Coast (2)

76%

68%

65%

92%

Transatlantic (2)

63%

89%

75%

53%

Asia - Europe  (3)

69%

73%

50%

63%

Asia - Mediterranean (2)

25%

18%

30%

100%

 

Note:

In Q4 2013, MOL vessels maintained 100% on-time performance in Asia-USWC. The overall performance decreased to 83%, compared to 88% in Q3 2013 due to port congestion at Pusan and Shanghai.

Asia-USEC services’ performance was slightly worsened to 62% in Q4 2013 due to port congestion at Pusan, Shanghai and Colombo, while MOL vessels significantly improved their on-time performance from 65% in Q3 to 92% in Q4 2013 due to less impact.

The adverse weather condition at USEC ports and in the Atlantic Ocean impacted the on-time performance of MOL’s operating vessels in Trans-Atlantic services.

Asia-Europe schedule integrity was affected by port congestion in Europe while Mediterranean services significantly improved, noting that MOL vessel achieved 100% on time in Q4 2013.

 

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

South Bound

(Asia to ECSA)

North Bound

(ECSA to Asia)

CSW (11/11)

Santos

Singapore

 

First Discharge port

Service

East Bound

(Asia to WCSA)

West Bound

(WCSA to Asia)

CWL (3/11)

Manzanillo, Mexico

Tokyo

 

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

 

(Table 1)

MOL North-South Trades On Time Arrival Performance

(All vessels)

(January 2013 – December 2013)

Trade Lane (No. of services)

Jan-Mar

2013

Apr-Jun

2013

Jul-Sep

2013

Oct-Dec

2013

Asia - ECSA (CSW) (1)

77%

70%

58%

87%

Asia - Mexico/WCSA (CWL)  (1)

96%

96%

96%

82%

 

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)

(January 2013 – December 2013)

Trade Lane (No. of services)

Jan-Mar

2013

Apr-Jun

2013

Jul-Sep

2013

Oct-Dec

2013

Asia - ECSA (CSW) (1)

77%

70%

58%

87%

Asia - Mexico/WCSA (CWL) (1)

67%

88%

100%

67%

 

Note:

 

CSW improved low on-time performance from Q3 2013. However, we were unable to achieve 100% on time due to dense fog at Shanghai as well as congestion at ECSA ports in December 2013.

 

CWL performance deteriorated due to port closures also caused by dense fog at Shanghai, and congestion at Asian and Mexican ports, in addition to adverse weather in the Pacific Ocean.

 

 

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

North Bound

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)

(January 2013 – December 2013)

Trade Lane (No. of services)

Jan-Mar

2013

Apr-Jun

2013

Jul-Sep

2013

Oct-Dec

2013

Intra Asia (4)

98%

90%

89%

83%

 

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)

(January 2013 – December 2013)

Trade Lane (No. of services)

Jan-Mar

2013

Apr-Jun

2013

Jul-Sep

2013

Oct-Dec

2013

CHS (Japan-Hong Kong/Straits)1

100%

85%

92%

100%

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

100%

77%

79%

85%

CBE (Japan-Thailand)(1)

92%

100%

85%

73%

CBW (Japan-Thailand)(1)

100%

100%

96%

74%

 

Note:

CHS performance achieved 100% on time.

HS3 performance improved in Q4 2013, while there were still some delays due to Typhoon “WIPHA” at Japan coastal ports in mid October and Typhoon “KROSA” at Cai Mep at the beginning of November.

CBE performance deteriorated due to decreased productivity throughout Q4 2013 at Manila in addition to encountering Typhoon “Francisco” at the end of October.

CBW performance deteriorated due to reduced port productivity during 4Q 2013 at Manila, including delays caused by Typhoon “HAIYAN” at the beginning of November.

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