The Gemini partners are making good on their promise of 90% schedule reliability, “miles ahead” of the Premier and Ocean alliances’ timekeeping, with Hapag-Lloyd performing “slightly better than Maersk”.
eeSea founder Simon Sunboell told delegates at S&P Global’s TPM25 event in Long Beach, California, this week that the Gemini pair had achieved 91% schedule reliability in the first month of operating together.
According to eeSea data to 1 March, Hapag-Lloyd the German carrier averaged 99% reliability, while Maersk was some 10% less, at 88%.
This, Mr Sundboell said, was because Hapag-Lloyd was less exposed to the more volatile transatlantic trade.
Hapag-Lloyd CEO Rolf Habben Jensen had told media the two carriers “both need to deliver the schedule reliability that [they] have agreed”.
eeSea data showed that in week commencing 27 January, Gemini delivered 100% reliability after it had completed four port calls, 95% the following week after 55 port calls, then 94% over 114 port calls, 90% over 151 port calls and 88% over 137 port calls.
And the Gemini duo is currently “miles ahead” of the Premier and Ocean alliances, in terms of reliability, with them recording 44% and 25%, respectively, between 27 January and 1 March.
“The Premier Alliance is reporting surprisingly low on-time performance from the outset, and the Ocean Alliance is also disappointingly low,” said Mr Sundboell.
But he pointed out that it was “still early days”, explaining that both the Gemini Cooperation and Premier Alliance had launched with ‘blank canvasses’ and both have thus far completed very few headhaul routes.