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Vessel On-Time Performance Ratio

Methodology: We understand you expect your shipment to arrive when promised. MOL is one of the only ocean carriers to publicly disclose our on-time arrival performance. Since November 2010, we’ve been disclosing the performance of our East-West Trades on a quarterly basis. This includes the following trade lanes: Asia-U.S. West Coast, Asia-U.S. East Coast, Transatlantic, and Asia-Europe.

In May 2012, we began disclosing the performance of our North-South and Intra Asia trades as well. In April 2015, we began disclosing performance of our Europe-West Africa and Europe-South Africa services. We disclose the performance of ships under MOL’s operation as well as for all vessels in which MOL takes slots.  When a vessel arrives in the first port of destination area for both directions, within 24 hours of scheduled time of arrival, the voyage is regarded as on time. Results are weight-averaged based on MOL's space allocation of each service.

In July 2015, we began disclosing departure performance of key services calling at China ports in our East-West, North-South, and Intra-Asia trade lanes.

MOL Target:
Reach 100% on-time arrival performance.

Reach 100% on-time departure performance.

Please visit MOL’s On Time Performance website to view historical results.

MOL 2Q 2016 Results:

Global Arrival:

East-West Trades: Both Asia-U.S. West Coast (JAS and SE2) and Asia-U.S. East Coast (CNY and SVS) services under MOL operation improved in April to June 2016, The Asia-U.S. West Coast service improved from 94% in January to March 2016 to 100% in April to June 2016, while the Asia-U.S. East Coast service improved from 89% in January to March 2016 to 97% in April to June 2016. For the Asia to Europe service (LP1 and LP7), MOL vessels' performance improved from last quarter's 95% to 100% this quarter. No MOL ships deployed in LP4 service since October 2015. For the Asia to Mediterranean service (EUM), the on-time performance of MOL vessels slipped from 100% in January to March 2016 to 80% in April to June 2016 due to bad weather and port closure in China.

North-South Trades: In April to June 2016, MOL's Asia-East Coast South America (CSW) and Asia-West Coast South America (CWL) services continued to achieve 100% on-time performance. MOL operated vessels in the SRX service improved significantly from 67% in January to March 2016 to 100% in April to June 2016 due to stable weather in South Africa.

Intra Asia Trades: After careful evaluation of our service network, MOL has modified the Japan to South East Asia (HS3) service into a modified HSX product. The HSX service commenced on May 31, 2016 and it provides wider connectivity with the current network over key transshipment ports in Japan, South East Asia to some key ports in India and Pakistan. MOL operated vessels in this enhanced HSX service achieved 100% on-time arrival performance. MOL operated vessels in the CHS service improved from 85% in January to March 2016 to 96% in April to June 2016. The CBE on-time performance under MOL operation improved from 65% in January to March 2016 to 77% in April to June 2016. For the CBW service, berth congestions in Osaka, Kobe, Manila and Laem Chabang, as well as port closure in Xiamen due to bad weather, which affected MOL's vessel on-time performance. The performance slipped from 76% in January to March 2016 to 62% in April to June 2016. Additionally, adverse weather in Busan and Bangkok as well as the tidal restrictions also delayed MOL's vessel arrival. As a result, the on-time performance of CBW slipped to 62%.

China Departure:

East-West Trades: MOL operated vessels in SE2-E service continued to achieve 100% on-time departure performance in April to June 2016. 

North-South Trades: MOL operated vessels in SAC-W and SAS-W services continued to achieve strong on-time departure performance with a result of 100% in April to June 2016. The on-time departure performance of CWL-E was affected by port congestion in Shanghai and Ningbo which resuled in a vessel delay. As a result, the performance slipped from 100% in January to March 2016 to 67% in April to June 2016. For the CSW-S service, the measuring port was changed from Chiwan to Hong Kong in March 2016 due to the service structure change. The on-time performance slipped from 100% in January to March 2016 to 67% in April to June 2016.

Intra Asia Trades: After careful evaluation of our service network, MOL has modified the Japan to South East Asia (HS3) service into a modified HSX product. The HSX service commenced on May 31, 2016 and it provides wider connectivity with the current network over key transshipment ports in Japan, South East Asia to some key ports in West Asia. MOL operated vessels in this enhanced HSX service achieved 100%. CHS-S service under MOL operation improved from 77% in January to March 2016 to 92% in April to June 2016.

MOL 1Q 2016 Results:

Global Arrival:

East-West Trades: While attempting to maintain last quarter's performance level for all Asia-U.S. West Coast and Asia-U.S. East Coast services, adverse weather interruptions in both the Pacific ocean and Atlantic ocean together with dense fog and port closures in Ningbo, Qingdao, Shanghai and Yantian resulted in reduced performance in January to March 2016. On Asia to U.S. West Coast and Asia to U.S. East Coast services, the construction work in the GCT Deltaport in Vancouver caused berth congestion, which affected MOL's vessels arrival at Vancouver. Additionally, accumulated delays due to port closure in both U.S. and Asia during Christmas holiday, New Year holiday and Chinese New Year holiday impacted MOL's vessel performance in two services. MOL operated vessels under Asia to U.S. West Coast slipped slightly from 98% in October to December 2015 to 94% in January to March 2016, while Asia to U.S. East Coast performance slipped to 89% in January to March 2016, compared to 94% in October to December 2015. Bad weather in the U.S. also impacted the overall on-time performance of Transatlantic service. The performance slipped from 75% in October to December 2015 to 60% in January to March 2016 as a result. MOL operated vessels in the Asia to Europe service remained at 95% in January to March 2016. The Asia-Mediterranean services maintained a high level of on-time reliability and vessels under MOL operation achieved 100% on-time performance in January to March 2016.

North-South Trades: Asia-ECSA and WCSA services under MOL operation achieved a strong on-time performance result of 100% in January to March 2016. For the Europe-South Africa service, seasonal wind bound affected MOL's SRX on-time performance in January to March 2016. The performance of SRX slipped from 100% in October to December 2015 to 67% in January to March 2016.

Intra Asia Trades: The bad weather condition in Japan affected the terminal operations and resulted in port congestion in Kobe, which affected CHS's on-time arrival performance under MOL operation. The performance slipped from 100% in October to December 2015 to 85% in January to March 2016. For HS3 service, MOL kept a strong performance at 95% in January to March 2016, despite port congestion in Japan during the New Year holiday and bad weather in Qingdao. The performance of CBE improved from 50% in October to December 2015 to 65% in January to March 2016, while CBW on-time performance remained at 76% in January to March 2016. Both CBE and CBW services under MOL operation were continuosly affected by worsening berth congestion and low productivity at Manila, as well as berth unavailability in Laem Chabang. Rough sea condition in Laem Chabang, Bangkok and Osaka also had some impact on two services. Additionally, Manila was closed due to the Good Friday holiday which caused some delays on CBE and CBW.

China Departure:

East-West Trades: MOL operated vessels in SE2-E service continued to achieve 100% on-time departure performance in January to March 2016. Three MOL operated vessels in SVS-E service were delayed due to the dens fog and port congestion in Yantian. The on-time departure performance regressed from 91% in October to December 2015 to 80% in January to March 2016. The overall performance of the LP4-W service slipped significantly from 100% to 55% due to the bad weather and port closures in China.

North-South Trades: MOL operated vessels in CSW-S, CWL-E, SAC-W and SAS-W services continuously achieved a strong on-time departure performance result of 100% in January to March 2016. MOL operated vessels in CSW-S, CWL-E, SAC-W and SAS-W services continuously achieved a strong on-time departure performance result of 100% in January to March 2016. The overall performance of CWL-E was affected by port congestion at Ningbo which resulted in vessel delay. As a result, the overall performance was at 70% in January to March 2016. Dense fog and port closure in Shanghai and Ningbo affected the overall on-time departure performance on Asia to South Africa service (SAC-W) in January to March 2016. The performance slipped significantly from 100% in October to December 2015 to 60% in January to March 2016. On Asia to South Africa service (SAS-W), the overall performance slipped from 91% in October to December 2015 to 64% in January to March 2016 due to dense fog and port closure in Xiamen and Hong Kong. 

 

Intra Asia Trades: While attempting to maintain last quarter's performance level for all Intra-Asia service, adverse weather interruptions in Japan (strong wind and rough sea) resulted in reduced performance in CHS-S and HS3-S services and significant delays. Berth congestion in Kobe has also had some impact in the two services. MOL operated vessels in CHS-S service slipped from 100% in October to December 2015 to 77% in January to March 2016. HS3-S service was also affected by the dense fog in Qingdao and port congestion in Japan during the New Year holiday also affected on-time departure performance of MOL operated vessels in January to March 2016. The performance slipped to 89% in this quarter, compared to 100% in October to December 2015. 

 

MOL 4Q 2015 Results:

Global Arrival:

East-West Trades: The on-time performance of Asia-U.S. West Coast, Asia-U.S. East Coast, and Mediterranean services continued to improvide 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 plans. 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.

North-South Trades: 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 under MOL operation continuously achieved a strong on-time performance result of 100% in October to December 2015.

Intra Asia Trades: The CHS on-time performance improved to 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 severly impacted by worsening berth congestion, low productivity and a crane breakdown at Manila, as well as affected by the typhoon.

China Departure:

East-West Trades: MOL operated vessels in SE2-E service continued to achieve 100% on-time departure performance in October to December 2015. SVS-E voyages were delayed due to a typhoon in Yantian and berth congestion in Colombo. The performance slipped from 100% in July to September 2015 to 91% in October to December 2015. No MOL vessel was deployed in LP4-W service in October to December 2015.

North-South Trades: MOL operated vessels in CSW-S, CWL-E, SAC-W, and SAS-W services achieved 100% on-time departure performance. In particular, SAC-W improved from 50% in July to September 2015 to 100% in October to December 2015. The overall performance of CWL-E was affected by port congestion at Ningbo and the repair work of a partner's vessel. As a result, the CWL-E performance slipped to 62%.

Intra Asia Trades: MOL operated vessels in CHS-S and HS3-S services achieved a noteworthy improvement to 100% in their on-time departure performance in October to December 2015.

MOL 3Q 2015 Results:

Global Arrival:

East-West Trades: Both Asia-U.S. West Coast and Asia-U.S. East Coast services continued to improve in overall on-time performance. In particular, vessels under MOL operation achieved 98% and 90% on-time performance, respectively. Considerable alleviation of terminal congestion at Oakland contributed to the improvement. The Asia-Europe services maintained a high level of on-time reliability and vessels under MOL operation achieved 100% on-time performance. Asia-Mediterranean services maintained a high level of on-time performance.

North-South Trades: Asia-ECSA service (CSW) maintained high on-time performance. A delay was only observed due to strong wind while the vessel was passing under South Africa waters. Asia-WCSA service under MOL operation achieved on-time performance continuously while overall performance reduced to 86% due to occasional berth congestion affecting partners' operating voyages. Europe-South Africa service under MOL operation continuously achieved 100% on-time performance. The overall performance decreased due to inclement weather and berth congestion at South African ports affecting partners' operating voyages.

Intra Asia Trades: A typhoon impacted Japanese ports and Hong Kong and caused some delays on the Intra-Asia services. The CHS on-time performance slipped to 81% as a result. For the HS3, MOL was still able to achieve a strong on-time performance result of 95% because of a relatively large buffer time in the HS3 schedule that enabled catch-up once delayed by the typhoon. Performance of the CBE and the CBW was primarily impacted by the typhoon, occasional port congestion at Laem Chabang, and a crane breakdown at Manila.

China Departure:

East-West Trades: SE2-E, SVS-E and LP4-W achieved 100% on-time departure performance. MOL operated vessels in SE2-E service improved from 85% in April to June 2015 to 100% in July to September 2015 due to the easing of the U.S. West Coast labor issue. SVS-E service performance in April to June 2015 recorded at 91% as some vessels phased in late. The schedule is back to normal in July to September 2015 and hence the performance improved to 100%.

North-South Trades: CSW-W, CWL-E and SAS-W achieved 100% on-time departure performance. MOL's Asia-East Coast South America service (CSW-S) remained at 100% on-time departure performance which was attributed to the new CSW schedule. MOL implemented a new CSW schedule by changing the last port of call from Hong Kong to Chiwan. SAS-W improved significantly from 50% in April to June 2015 to 100% in July to September 2015 primarily due to stable weather and port operations in South Africa. The overall on-time departure performance of SAC-W service remained steady at 50% in July to September 2015. A broken crane and port dredging construction caused the congestion in Port Durban. MOL operated vessels in SAC-W service were delayed for three to four days, which also affected the Northbound arrival in Shanghai. Additionally, the dense fog in Shanghai and Ningbo caused low port productivity.

Intra Asia Trades: MOL operated vessels in CHS-S services slipped from 85% in April to June 2015 to 69% in July to September 2015. Voyages were delayed due to three typhoons in previous sailings in Japan. The adverse weather caused rough sea conditions that suspended pilot services and terminal operations in Hong Kong. Meanwhile, the MOL operated vessel MOL Empire on the CHS service suffered from a collision with a vessel in Port Kelang, which affected the Southbound arrival in Hong Kong. For HS3-S, the on-time departure performance improved from 78% in April to June 2015 to 90% in July to September 2015. Delay was due to the adverse weather caused by Typhoon "HALOLA" in the previous sailing in Japan.

MOL 2Q 2015 Results:

Global Arrival:

East-West Trades: The Asia-U.S. East Coast services, as well as the Transatlantic (pendulum) services, achieved noteworthy improvements in their on-time performance in April-June 2015 primarily due to U.S. West Coast operations returning to normal. The performance of the Asia-U.S. East Coast services continued to show strong improvements due to the successful implementation of schedule recovery measures as well as an easing of port congestion at U.S. East Coast ports. Delays at Oakland on the PA2's West Bound leg were the main cause of the decrease in the on-time performance of MOL's operated vessels. Both the Asia-Europe and Asia-Mediterranean services produced remarkable gains in their on-time reliability as berth congestion in North Europe, Port Said, Hong Kong and Ningbo has begun to subside. Increased productivity at Singapore also positively contributed to the improved results. MOL's operated vessel in the Asia-Mediterranean service (EUM) achieved 100% on-time performance.

North-South Trades: Asia-ECSA service (CSW) maintained 100% on-time performance since last quarter as the improvement of port productivity in Asia supported consistent schedule reliability. On-time performance for the Asia-WCSA service (CWL) improved from last quarter's 93% to 100% this quarter largely due to improved Keelung port productivity. Europe-West Africa service overall performance improved, however, heavy rain at Tema and Abidjan caused low port productivity and serious congestion, which impacted the punctuality in April-June 2015. On-time performance for Europe-South Africa significantly improved and MOL vessels' schedule reached 100% punctuality after the strong wind season at Cape of Good Hope in the last quarter. However, overall it was slightly impacted by lack of labor from mid-June at European ports due to summer holiday season.

Intra Asia Trades: CHS/CBW achieved 100% on-time performance. CBE maintained high on-time performance. HS3 on-time performance decreased due to occasional berth congestion at Singapore on the day of HS3 call (Saturday) and low productivity at Port Kelang North Port at the time of terminal system migration,

China Departure:

East-West Trades: LP4-W performed with 100% punctuality on Asia-Europe services West Bound schedule. For SVS-E, one East Bound voyage was delayed due to the previous return West Bound voyage which experienced delays at Suez Canal and Norfolk. However, the SVS-E on-time performance from April to June 2015 achieved an overall 91% punctuality of Asia-U.S. East Coast route. For SE2-E, due to the berth congestion at Laem Chabang on the Asia-U.S. West Coast and Asia-U.S. East Coast, the repair work of the vessel and labor issues at the Port of Oakland on the Asia-U.S. East Coast, the on-time performance was impacted.

North-South Trades: MOL's Asia-East Coast South America service (CSW-S) 100% on-time performance supported consistent schedule reliability. On-time performance for Asia-Mexico/West Coast South America (CWL-E) was impacted by port congestion at Shanghai and Ningbo due to dense fog. For the two Asia-South Africa (SAC-W and SAS-W) voyages from April to June 2015, one voyage was delayed due to operational limitations which required the vessel to sail at low speed. Another voyage was delayed due to port closures at Shanghai and Ningbo.

Intra Asia Trades: Two CHS-S voyages were delayed due to berth congestion at Hong Kong as well as gantry crane breakdwon at Tokyo which caused longer operation time. For HS3-S, one voyage was delayed due to dense fog at Yokkaichi and low port productivity at Tokyp and Hong Kong. One voyage was delayed due to low port productivity at Port Kelang North port which affected the South Bound Hong Kong schedule.

MOL 1Q 2015 Results:

East-West Trades: Due to the lingering effects of labor issues on the U.S. West Coast, both Asia-U.S. West Coast and Transatlantic (pendulum) services' performance deteriorated further in January - March 2015. Performance of Asia-U.S. East Coast services improved due to various schedule recovery programs, including additional relief vessels and port omissions. Overall Asia-Europe and Asia-Mediterranean services performance did not improve in January-March 2015 due to ongoing port congestion at Shanghai, Hong Kong, Europe Ports, and Port Said, plus low productivity in Singapore.

North-South Trades: The on-time performance of MOL's Asia-ECSA service (CSW) improved from 92% in October-December 2014 to 100% in January-March 2015. Although South African ports (Cape Town and Ngqura) were still generally facing strong wind conditions in January-March 2015, delays were avoidable by securing appropriate berth windows and making schedule adjustments. The change of coastal schedule in response to Keelung's port closure during the Chinese New Year period negatively affected the on-time performance of vessels operated by MOL on the Asia-WCSA service (CWL). However, overall performance of the service improved from 87% to 93% due to improvement upon Asia port congestion. The Europe-West Africa service (ARN) schedule was negatively impacted by delays in Abidjan due to congestion, which also impacted the Southbound arrival in Tincan. On the Europe-South Africa service (SRX), departures from Cape Town were affected by adverse weather conditions (severe wind) delaying departures two to four days.

Intra Asia Trades: In January-March 2015, CHS/HS3 on-time performance improved due to alleviation of port congestion. CBE/CBW on-time performance improved significantly due to the removal of the Manila call from the rotation.

MOL 4Q 2014 Results:

East-West Trades: Due to the labor issues on the U.S. West Coast, the on-time performance of Asia-U.S. West Coast services deteriorated. Asia-U.S. East Coast services have not improved. The vessels arrived out of schedule partly due to delays in Asia caused by port congestion and bad weather. Additionally, vessels bunching up as a result of being off schedule caused congestion that also impacted the overall result of U.S. East Coast products. Overall Transatlantic on-time performance worsened in Oct-Dec 2014 due to port congestion at the U.S. West Coast and U.S. East Coast ports. Asia-Europe on-time performance improved in Oct-Dec 2014 due to the enhanced productiviy in Europe ports. Congestion in Singapore eased slightly and it conributed to the improved on-time performance of Asia-Mediterranean service.

North-South Trades: The on-time performance of MOL's Asia-ECSA service (CSW) improved from 71% in Jul-Sep 2014 to 92% in Oct-Dec 2014. The primary factor contributing to the improved on-time performance for this service is due to reduced terminal congestion at Singapore. However, delays still occurred on the East Bound leg because of severe weather conditions in Cape Town and Ngqura. Berth congestion at Hong Kong and Shanghai in October and December negatively affected the on-time performance of voyages operated by non-MOL vessels on the Asia-Mexico/WCSA service (CWL). However, MOL vessels were able to achieve 100% on-time performance in Asia-WCSA in Oct-Dec 2014.

Intra Asia Trades: In Oct-Dec 2014, CHS on-time performance improved. MOL implemented an ad-hoc port omission at Da Chan Bay and Singapore single call to recover from the accumulated delay caused by congestion at Hong Kong as well as affected by typhoons. HS3 on-time performance improved. MOL implemented a pro-forma change of the HS3 Port Kelang single call to enhance its on-time performance in October 2014. CBE on-time performance improved. MOL deployed an extra ship to recover from the delay caused by heavy congestion and low terminal productivity at Manila. In consideration of the prolonged Manila situation, MOL removed the Manila call from the CBE with effect from January 2015. CBW on-time performance improved. MOL deployed an extra ship to recover from the delay caused by heavy congestion and low terminal productivity at Manila. In consideration of the prolonged Manila situation, MOL also removed the Manila call from the CBW with effect from December 2014.

MOL 3Q 2014 Results:

East-West Trades: Overal U.S. West Coast on-time performance decreased due to congestion at Vancouver. However, MOL vessels' on-time performance remains high since MOL operating services do not call Vancouver. U.S. East Coast on-time performance has yet to improve due to the ongoing terminal congestion at Singapore. Transatlantic on-time performance improved due to easing of terminal congestion at New York. Asia-Europe on-time performance decreased due to worsening of terminal congestion at Rotterdam, Hamburg and Southampton. Asia-Mediterranean on-time performance was yet to be improved due to prolonged congestion at Singapore.

North-South Trades: Port congestion at Busan and Singapore and inclement weather conditions (dense fog) at Shanghai negatively affected CSW on-time performance in Q3 2014. MOL vessels' CWL on-time performance improved to 88% in Q3 2014, from 67% in 2Q 2014, although severe port congestion at Shanghai, Ningbo and Hong Kong continued to cause delays.

Intra Asia Trades: In Q3 2014, CHS and HS3 on-time performance decreased due to berth congestion at Hong Kong and Singapore. In consideration of prolonged congestion, MOL implemented HS3 Port Kelang single call to improve on-time performance with effect from October 2014.

CBE on-time performance remained low due to prolonged berth congestion and low terminal productivity at Manila. In consideration of the prolonged congestion and decreased on-time performance, MOL implemented Laem Chabang single call Q2 2014. MOL also deployed an extra vessel for schedule recovery measures for one cycle in July 2014 and have since added an additional ship from September 2014 to the service to ensure all necessary actions were being taken to improve our on-time performance.

CBW on-time performance was severely impacted by worsening berth congestion and low terminal productivity at Manila. In consideration of the prolonged congestion and decreased on-time performance, MOL deployed an extra vessel for schedule recovery measures in September 2014 and have since maintained the additional ship in the service to ensure all necessary actions were being taken to improve on-time performance.

In regard to Manila calling services, MOL is considering further counter-measures to improve on-time performance.

MOL 2Q 2014 Results:

East-West Trades: U.S. West Coast on-time performance continuously achieved high punctuality in Q2 2014. U.S. East Coast and Transatlantic on-time performance have yet to improve primarily due to the ongoing terminal congestion at New York. Asia Europe performance decreased, mainly due to the terminal congestion at Rotterdam and Hamburg. The Asia Mediterranean service on-time performance decreased due to the ongoing terminal congestion at Shanghai.

North-South Trades: Congestion at Asian ports and inclement weather in Central China negatively affected the on-time performance in both CSW and CWL in Q2 2014. Additionally, April's earthquake in Chile affected the terminal operations and resulted in port congestion throughout Q2 2014, which affected the CWL's on-time performance.

Intra Asia Trades: In Q2 2014, CHS and HS3 on-time performance decreased due to berth congestion at Hong Kong and Singapore. CBE on-time performance was severely impacted by worsening berth congestion and low terminal productivity at Manila. In view of risks brought by prolonged congestion and low terminal productivity at Manila, MOL implemented a Laem Chabang single call and is studying further contingency plans to improve our CBE performance. CBW on-time performance has been relatively maintained despite serious berth congestion at Manila by the maximum speed-up.

MOL 1Q 2014 Results:

East-West Trades: In Q1 2014, MOL vessels maintained high on-time performance in Asia-USWC services. However, the overall on-time performance deteriorated to 79%, compared to 83% in the last quarter, and was mainly attributed to port congestion at Shanghai. MOL vessels on-time performance was significantly affected by port congestion at Shanghai and New York due to inclement weather in Asia-USEC services. The overall on-time performance also deteriorated due to port congestion at Shanghai.

Continuous inclement conditions in the Atlantic Ocean played a major role in the reduced on-time performance in the Transatlantic service.

In the Asia-Europe services, on-time performance improved, compared to the last quarter, due to recovery from port congestion at European ports.

In the Asia-Mediterranean services, MOL vessels' on-time performance decreased due to port congestion at Jeddah.

North-South Trades: CSW on-time performance achieved 100% in Q1 2014. CWL on-time performance decreased due to port congestion at Central and South Chinese ports. However, MOL vessels improved on-time performance to 84%, compared to 67% in the last quarter, which was affected by port closure at Shanghai and congestion at Asian and Mexican ports. Only 1 MOL vessel delayed due to labor strikes and port congestion in Chile.

Intra Asia Trades: In Q1 2014, CHS achieved high on-time performance and MOL experienced only one voyage delay due to port congestion at Japan and Singapore. HS3 on-time performance improved to 88%, compared to 85% in the last quarter, which was affected by typhoons. CBE on-time performance deteriorated due to one vessel's continuous delay caused by port congestion at Manila. CBW on-time performance did not improve due to port congestion at Manila, in addition to inclement weather at sea.

MOL 4Q 2013 Results:

East-West Trades: 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 Busan and Shanghai.

Asia-USEC services' performance was slightly worsened to 62% in Q4 2013 due to port congestion at Busan, Shanghai, and Colombi, 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 operated vessels in Trans-Atlantic services.

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

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

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

Intra Asia Trades: 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.

MOL 3Q 2013 Results:

East-West Trades: In Q3 2013, the overall on-time performance of Asia-USWC services was hindered by typhoons in Asia during August and September, while MOL vessels achieved an on-time performance of 100%.

Although the terminal congestion in Algeciras slightly improved, Asia-USEC services' performance maintained a similar level as Q2 2013. Port congestion in New York and Singapore was the major factor attributing to the lack of improvement for Asia-USEC on-time performance.

The congestion in New York also affected the on-time performance of Transatlantic services, resulting in lower on-time performance compared with Q2 2013.

Asia-Europe/Mediterranean schedule integrity was interrupted by typhoons in Asia and post-typhoon port congestion in Chinese ports.

North-South Trades: Adverse weather conditions in South Africa and port congestion at Paranagua and Montevideo greatly affected the CSW service punctuality and its on-time performance in Q3 2013.

The overall situation of the CWL remained steady at 96%. One partner's operated vesel was affected by a typhoon in Central China, which had a significiant impact on the punctuality of CWL West Bound leg in Q3 2013, while MOL maintained an on-time performance of 100% on both the West and East Bound legs.

Intra Asia Trades: CHS service was on-time except one vessel's accumulated delay caused by haze at Singapore and berth congestion at Hong Kong.

HS3 performance was not improved due to the impact of the yard congestion at Jakarta.

CBE performance deteriorated due to the negative impact by typhoons as well as port closure during the Full Moon festival holiday at Busan.

CBW service was on-time except one vessel's delay to phase-in at Laem Chabang.

MOL 2Q 2013 Results:
East-West Trades: In Q2 2013, the weather in the Pacific Ocean was stable, allowing the on time performance of Asia-USWC services to resume to over 90%. An even higher level of performance was expected, but was not achieved due to the impact on vessels by a labor strike in Hong Kong.

Asia-USEC services performance maintained a similar level as was achieved in Q1 2013, while the major factor contributing to the low on time performance was terminal congestion in Algeciras.

Due to adverse weather conditions at Rotterdam, the Transatlantic on time performance for all vessels improved only slightly. MOL's vessels were less affected and reached 89% punctuality.

Asia-EUR/MED services were significantly affected by the strike in Hong Kong while MED services also suffered from congestion in Ashdod, which further delayed their Eastbound schedule.

North-South Trades: Adverse weather condition in South Africa affected the CSW vessel punctuality and its performance in Q2 2013. The CSW's on time performance was also worse than last quarter due to a labor strike at Hong Kong. The overall situation of the CWL held steady at 96%. One MOL operated vessel was affected by dense fog in Central China which had a significant impact on the punctuality of the CWL Westbound leg in Q2 2013, while MOL maintained an on time performance of 100% on the Eastbound leg.

Intra Asia Trades: CHS and HS3 suffered delays due to serious port congestion and low terminal productivity due to a labor strike at Hong Kong. Meanwhile, CBE and CBW maintained 100% punctuality in Q2 2013.

MOL 1Q 2013 Results:
East-West Trades: The Asia-USWC service performance recovered from 4Q 2012 but still experienced delays due to the unstable weather in the Pacific ocean.

Asia-USEC services still suffered delays due to continuous weahter interruptions in both the Pacific ocean and the Atlantic ocean. In addition, port congestions in Shanghai, Busan, and Balboa impacted vessel schedules in March 2013.

Likewise, Transatlantic services still suffered heavy delays because of poor weather in the Atlantic ocean.

Strikes in Le Havre and Ashdod, port congestion and closures in Shanghai and Ningbo, and port congestion in Hong Kong and Jeddah severely impacted the schedule integrity of Asia to Europe/Mediterranean vessels which caused heavy delays to EUR/MED services.

North-South Trades: CSW performed 100% punctuality on the South Bound schedule. However, more vessels were impacted by seasonal wind bound at South Africa on the CSW North Bound and this harmed overall punctuality in the first quarter of 2013.

The CWL overall performance improved. One MOL vessel was affected by the Tokyo pilot suspension due to strong winds and this impacted the punctuality of the CWL West Bound schedule. But, MOL mainted 100% punctuality on the East Bound.

Intra Asia Trades: CBE suffered accumulated delays due to New Year port closures in January. Meanwhile, CHS, HS3, and CBW maintained 100% punctuality.

MOL 4Q 2012 Results:
East-West Trades: While attempting to maintain last quarter's performance level for overall and East Coast service, several weather interruptions on the U.S. East Coast (New York City, Hurricane Sandy) resulted in reduced improvements in service and significant delays. Berth congestion in Panama has also had some impact on East Coast services.

All Asia-U.S. West Coast services experienced heavy delays due to labor issues (port strike) on the U.S. West Coast as well as inclement weather while departing Asia and holiday productivity slowed down in the U.S.

All Transatlantic services were severely delayed due to inclement weather on the U.S. East Coast (New York City, Hurricane Sandy) as well as reduced labor output during the year-end holidays.

Severe weather at some Asian ports (Shanghai and Ningbo typhoons) affected the on-time departure of Asia-Europe/Mediterranean vessels under MOL operation, resulting in heavy delays and congestion upon arrival at European ports.

North-South Trades: CSW performed 100% punctuality on the South Bound schedule. Seasonally wind bound at South Africa affected CSW North Bound and overall punctuality. Heavy weather on the route from Mexico to Asia and Tokyo port congestion during New Year holiday affected CWL West Bound schedule, but we have maintained 100% punctuality in regards to ships under MOL operation.

Intra Asia Trades: CBE was affected by engine trouble of the vessel and typhoon in October. Meanwhile, CHS, HS3, and CBW maintained 100% punctuality for the 4th quarter of 2012.

MOL 3Q 2012 Results:
East-West Trades: While attempting to maintain last quarter's performance level for overall West Coast and East Coast service, several weather interruptions during the Pacific typhoon season resulted in reduced improvements in service. Berth congestion in Panama has also had some impact on East Coast services. Berth congestion also impacted Trans-Atlantic service. Asia-Europe services were negatively affected by inclement weather in Asia and port congestion in Europe. Terminal congestion at Mediterranean ports has continued to adversely affect on-time performance of MOL operated vessels since 1Q 2012.

North-South Trades: Berth congestion at South African ports was back to normal, but seasonal windbound at South Africa affected the CSW North Bound schedule punctuality.

Intra Asia Trades: HS3 and CBW were affected by three typhoons and subsequent port congestion in September, while CHS and CBE maintained good performance for the past quarter.

MOL 2Q 2012 Results:
East-West Trades: Good weather conditions and a reduction in port congestion resulted in the improvement of West Coast service on-time performance. Minor delays were attributed to rough seas. MOL operated vessels were mostly on-time, but overall East Coast performance was severely affected by the ongoing port congestion issues in Panama. MOL operated vessels achieved 100% on-time performance in the Transatlantic trade, while overall performance significantly improved as a result of the resolution of labor and congestion issues. Although Asia-Europe/Med schedules were impacted by European port congestion issues, the delays occurred within the first cycle of the new pro-forma schedules and improvements are expected after schedule review.

North-South Trades: Berth congestion at South African ports affected Asia-ECSA South and North Bound punctuality. The delay of towage service in Buenos Aires and seasonal windbound from South Africa to Asia deteriorated the overall CSW's performance.

Intra Asia Trades: HS3 was affected by a typhoon in June, but the overall performance of Intra Asia services was good for the second quarter of 2012. MOL will continue to serve our customers with high quality service.

MOL 1Q 2012 Results:
East-West Trades: The performance of Asia-U.S. East Coast/U.S. West Coast service was affected by Asian port congestion. However, MOL ships for the Asia-U.S. East Coast service managed to overcome this situation. Asia-U.S. West Coast service was affected by rough seas in the Pacific. The port operation interrupted by winter weather in Europe also harmed the performance of Asia-Europe and Transatlantic services. In particular, Transatlantic service was heavily impacted by the Antwerp port strike. Port congestion in the Mediterranean severely affected the Asia-Mediterranean performance. Though MOL ships were able to manage this tough situation, the overall performance was still severely hit.

North-South Trades: The performance of Asia-South Africa-East Coast South America (CSW) service was 100% on the soutbound leg. However, on northbound back to Asia, delays in towage service in Buenos Aires and bad weather in Cape Town affected the result of the CSW performance.

Intra Asia Trades: The performance of Intra Asia services was good for the first quarter of 2012. MOL will continue to serve our customers with high quality service.

Vessels Under MOL Operation Vessel On-Time Performance Overview - MOL Vessel On-Time Performance Overview - All Vessels China Vessel On-Time Performance Overview - MOL China Vessel On-Time Performance Overview - All Vessels

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