On Time Performance

Monday, 01 February 2016

MOL Liner Ltd. Announces On-Time Arrival Performance Results for October to December 2015


February 1, 2016 – Hong Kong – MOL Liner Ltd. today announced the On-Time Arrival Performance quarterly results for October to December 2015 for the major trade lanes as an effort of upgrading and improving the quality of services MOL Liner offers.

D
uring 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.


The following performance criteria were used:

  • Measured 26 services on MOL’s East-West trade route on all vessels

 

The following performance criteria were used:

  • Measured 8 services on MOL’s East-West trade route on MOL’s own vessels

Note:
The on-time performance of Asia-U.S. West Coast, Asia-U.S. East Coast and Asia-Mediterranean services continued to improve in October to December 2015. In particular, vessels under MOL operation in Asia-Mediterranean achieved 100%. This was primarily attributed to the cascade and contingency plan.

Adverse weather in the U.S. in November impacted North American ports and caused berth congestion. The overall on-time performance of Transatlantic service slipped to 75% as a result.



Note:

Asia–ECSA service under MOL operation achieved 100% on-time performance. 

MOL operated vessels in Asia – WCSA in CWL service slipped to 75% in October to December 2015 due to adverse weather in the Far East. 

Europe-South Africa service under MOL operation continuously achieved a strong on0time performance result of 100% in October to December 2015.

 

III. Intra Asia Trade


The below services are measured:

Japan – Hong Kong/Straits (CHS/HS3)

Japan – Thailand (CBE/CBW) 


The measuring ports are as follows:

   

          


   

The following performance criteria were used:

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

       

Note: The CHS on-time performance improved from 81% in July to September 2015 to 100% in October to December 2015. For the HS3 service, MOL was able to achieve a strong on-time performance result at 95% for the second straight quarter.

Performance of CBE slipped from 67% in July to September 2015 to 50% in October to December 2015, while CBW on-time performance remained steady at 74% in October to December 2015.

Two services were severely impacted by worsening berth congestion, low productivity and a crane breakdown at Manila, as well as affected by the typhoon.