Maersk Line’s reliability in Hong Kong dropped from 90% (usual score) to 46% in Q2. In July, reliability level had increased to 73% in Hong Kong and there are signs that it is getting better.
On whether the new P3 alliance would make Maersk Line less reliable, he says: “While our partners in the P3 alliance have different ways of operating their network today, reliability is important to all our customers. Therefore, the aim is to design and execute the network with this criterion in mind. We will, when the time comes, define what it takes and outline this in the governing documents for operating the P3 network.”
“In the past year we have reduced our fuel consumption by 1 million tonnes, or 18 percent per transported container, through changes to our network, reducing the average speed of our vessels by one knot and using more fuel efficient vessels. It is true that our overall reliability has dropped slightly, but we were the most reliable carrier 12 times in 13 quarters, with the last eight being consecutive. So we are convinced we are making the right decisions for our customers and the profitability of Maersk Line”, concludes Morten Engelstoft.