As a “benchmark” for measuring the quality of carrier services, the schedule performance of carrier services has always been a long-term focus of marine operation stakeholders and related parties in shipping industry. In order to adapt to the changes in the container shipping market and high-quality service requirements, and to meet the individual needs of major shipping, trading, and logistics companies, Shanghai Shipping Exchange, together with CargoSmart Limited (CargoSmart), researched and developed the “Global Carrier Schedule Performance”, referred to as “GCSP”.

    Leveraging big data of real-time operation of container vessels around the world, the GCSP index scientifically and objectively measures the schedule performance of carriers and their alliances at major ports around the world, demonstrating the service quality of capacity providers. The release of the index promotes standardized carrier service quality measurement methodology and improves the management efficiency of global supply chain.

    The GCSP index consists of three components: Main Trades Schedule Reliability, Carriers and Alliances Schedule Reliability, and Port Carrier Schedule Reliability.

  1.Selection of sample
  (1)  Selection of sample main trades: Transcontinental global trades are selected. The ten trades are Asia-Europe, Asia-Mediterranean, Asia-North America West Coast (NAWC), Asia-North America East Coast (NAEC), Asia-Persian Gulf (MEA), Asia-Oceania, Asia-West Africa, Asia-South Africa, Asia-South America, Europe-North America East Coast (NAEC) the initial period.
  (2)  Selection of sample main trades base ports: Based on the three basic principles of representativeness, region distribution and relevance, 50 main ports from the ten transcontinental trades are selected, which include Shanghai, Shenzhen, Qingdao, Xiamen, Hong Kong, Kaohsiung, Yokohama, Busan, Singapore, Port Klang, Tanjung Pelepas, Hamburg, Bremen, Le Havre, Felixstowe, London, Rotterdam, Antwerp, Zeebrugge, Piraeus, Naples, Genoa, Barcelona , Valencia, Malta, Port Said, Vancouver, Los Angeles, Long Beach, Oakland (USA), Houston, New York, Norfolk, Savannah, Manzanillo, Santos, Durban, Lagos, Melbourne, Auckland (New Zealand), Dubai, Jeddah and more.
  (3)  Selection of key ports of main trades: A total of 500 key global main ports related to the ten trades are selected. See the attached table for details.
  (4)  Selection of sample carriers: Carriers running global main trades are selected. The following top 14 carriers, ranked in terms of transport capacity, are selected: Maersk Line (Maersk), Mediterranean Shipping Company (MSC), China Ocean Shipping Company Limited (COSCO Shipping), CMA CGM Shipping (CMA CGM), Evergreen Marine Corporation (Evergreen), Orient Overseas Container Line (OOCL), Hapag-Lloyd, Yang Ming Marine Transport Corporation (Yang Ming), Ocean Network Express (ONE), HMM (China) Co., Ltd. (HMM), Wan Hai Lines (Wan Hai), ZIM Integrated Shipping Services (ZIM), Pacific International Lines (PIL) and Hamburg Süd. The total transport capacity of these 14 carriers accounts for more than 80% the total global container transport capacity. In addition, three global carrier alliances (2M, Ocean, and THE) are selected, and the schedule performances of their jointly operated Asia-Europe trade and Trans-Pacific trade are calculated.
  (5)  Selection of sample of trades in the Port Carrier Schedule Reliability Index: Trades across 10 sample shipping regions (Asia, Europe, Mediterranean, NAWC, NAEC, MEA, Oceania, West Africa, South Africa and South America).

2.Data Collection
  (1)  Collection of carrier schedule information: The estimated time of arrival (ETA) and the estimated time of berthing (ETB) is collected from CargoSmart, and the carrier schedule schedules information is provided by the sample carriers.
  (2)  The actual time of arrival (ATA) and the actual time of berthing (ATB) data information originates from vessel automatic identification system (AIS) data collected by Global Vessel Voyage Monitoring Center (GVVMC) of CargoSmart.

3.Calculation Methods
  (1)  Calculation method of schedule reliability: The ETB published by carriers and the ATB of vessels are compared according to the schedule operation rules and operation conventions of carriers. If the deviation is within 24 hours, the carrier is considered operating on time. Schedule reliability indicate the number of on-schedule sailings to the total number of sailings. Schedule performance index is compiled based on vessel operator (VO).
  (2)  Schedule reliability for Single Port - Operation Efficiency (SP) calculation method: The ETB published by the carrier 15 days before the ATB of vessels are calculated based on the data of ten sample trades and 50 basic ports by using single port dimension. If the deviation is within 24 hours, the carrier is considered operating on time. The Schedule Reliability for SP indicate the number of on-time operation to the total number of sailings.
  (3)  Schedule Reliability for Port Pair - Commercial Commitment (PP) calculation method: Based on the data of ten sample trades and 500 key ports by using port pairs, the ETB published by carrier when the vessels depart from the port of departure and the ATB of vessels are compared, A deviation between the ETB and ATB less than 24 hours is considered operating on time. Schedule reliability for PP indicates the number of on-schedule PP to the total number of sailings.
  (4)  Calculation method of Overall Service Performance Index: The arithmetic average of Schedule Reliability for Single Port - Operation Efficiency and Schedule Reliability for Port Pair - Commercial Commitment.
  (5)  Calculation method of Port Carrier Schedule Reliability Index: The ETB and ATB published by carriers 15 days before the actual berthing of vessels are calculated based on the data of routes between the regions involved in the ten sample trades and 500 key ports by using single port dimension. If the deviation is within 24 hours, the carrier is considered operating on time. Port Schedule Reliability indicates to the number of carriers’ on-schedule sailings to the total number of sailings.
  (6)  Number of port calls: The statistics on the number of port calls based on the data of routes among the regions involved in the ten sample trades by using the single port dimension. Multiple berthing in the same port are counted as one berthing.
  (7)  Overall Port Service Performance Index refers to the product of Port Schedule Reliability and port call frequency, then multiplied by 100.
         Port call frequency = number of port calls / total number of calls of the 50 sample ports
  (8)  Port Time=Total time between vessel arrivel port waiting zone/pilot station(as per GVVMC AIS data) to vessel departure from the berth.
  (9)  Berth Time=Total time between vessel arrivel berth (as per GVVMC AIS data) to vessel departure from the berth.
4、Indices Release Format
    The SSE shall compile and release the GCSP monthly indices at the beginning of each month , including the Global Main Trades Schedule Reliability, Carrier and Alliance Schedule Reliability and Port Carrier Schedule Reliability, and specifically including Schedule Reliability for Single Port - Operation Efficiency, Schedule Reliability for Port Pair - Commercial Commitment, Overall Service Performance, etc., to fully reflect the schedule performance of carrier services in the global container shipping industry.

FAQ

1.What are the main differences between Schedule Reliability for Single Port - Operation Efficiency and Schedule Reliability for Port Pair - Commercial Commitment?
    There are three main differences:
  (1)  Schedule Reliability for SP is calculated on a single-port dimension, and Schedule Reliability for PP is calculated on a port-pair dimension.
  (2)  Schedule Reliability for SP is based on the data of 50 base ports, and Schedule Reliability for PP is based on the data of 500 key ports.
  (3)  Schedule Reliability for SP is based on the ETB announced by carriers 15 days before the ATB of vessels, and Schedule Reliability for PP is based on the ETB announced by carriers when the vessels leave the port of departure.

2.How to check the historical data of GCSP?
    Subscribers can log on to Shanghai Shipping Exchange website to check historical data.