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MOL Announces On Time Arrival Performance

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MOL Announces On Time Arrival Performance

 Results for October – December 2012

February 5, 2013, Tokyo – MOL today updated On Time Arrival Performance results for October – December 2012 for the major trade lanes for quarterly report as an effort of upgrading and improving the quality of services MOL Liner offers.

MOL has established a set of goals for KPIs including on time arrival performance in an effort to offer industry-leading transparency to customers and to showcase MOL’s strength as a carrier that provides high quality service. (Press release on 2nd of March 2012)

  1. I.              East-West Trade

(Table 1)

MOL East-West Trades On Time Arrival Performance

(All   vessels)

(Jan 2012 – Dec 2012)

Trade Lane (No. of   services)

Jan-Mar

2012

Apr-Jun

2012

Jul-Sep

2012

Oct-Dec

2012

Asia – U.S. West   Coast (9)

72%

87%

87%

81%

Asia – U.S. East Coast (6)

82%

81%

84%

73%

Transatlantic (4)

77%

97%

86%

83%

Asia –  Europe (5)

80%

87%

69%

81%

Asia – Mediterranean   (3)

42%

70%

53%

87%

 

The following performance criteria were used:

  • Measured 27 services on MOL’s East-West trade route.

  (Table 2)

MOL East-West Trades On Time Arrival Performance

(MOL ships   under our operation)

(Jan 2012 – Dec 2012)

Trade Lane (No. of   services)

Jan-Mar

2012

Apr-Jun

2012

Jul-Sep

2012

Oct-Dec

2012

Asia – U.S. West   Coast (2)

75%

85%

97%

88%

Asia – U.S. East   Coast (2)

100%

93%

85%

81%

Transatlantic (2)

71%

100%

88%

67%

Asia –  Europe  (3)

96%

96%

84%

78%

Asia – Mediterranean   (2)

100%

66%

59%

40%

Note:

While attempting to maintain last quarter’s performance level for overall and East Coast service, several weather interruptions on the US East Coast (NYC 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-USWC services experienced heavy delays due to labor issues (port strike) on the US West Coast as well as inclement weather while departing Asia and holiday productivity slow down in the US.

All Trans Atlantic services were severely delayed due to inclement weather on the US East Coast (NYC Hurricane Sandy) as well as reduced labor output during the year-end holidays.

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

  1. II.            North-South Trade
  • Below services are measured

Asia – ECSA (“East Coast South America”)  (CSW)

Asia – Mexico/WCSA (“West Coast South America”) (CWL – former WL1)

  • The measuring ports are as follows:
   

First Discharge   port

Service

South Bound

(Asia to ECSA)

North Bound

(ECSA to Asia)

CSW   (11/11)

Santos

Singapore

 

First Discharge   port

Service

East Bound

(Asia to WCSA)

West Bound

(WCSA to Asia)

CWL (3/11)

Manzanillo, Mexico

Tokyo

Note:   (number of MOL vessels / number of all vessels in a service)

 

(Table 1)

MOL North-South Trades On Time Arrival Performance

(All   vessels)

(Jan – Dec 2012)

Trade Lane (No. of   services)

Jan-Mar

2012

Apr-Jun

2012

Jul-Sep

2012

Oct-Dec

2012

Asia – ECSA (CSW) (1)

81%

77%

85%

93%

Asia – Mexico/WCSA (CWL)    (1)

100%

100%

100%

88%

 The above performance criteria were used:

  • Measured 2 services on MOL’s North – South trade route. 

(Table 2)

MOL North-South Trades On Time Arrival Performance

 (MOL ships under our operation)

(Jan – Dec 2012)

Trade Lane (No. of   services)

Jan-Mar

2012

Apr-Jun

2012

Jul-Sep

2012

Oct-Dec

2012

Asia – ECSA (CSW) (1)

81%

77%

85%

93%

Asia – Mexico/WCSA (CWL) (1)

100%

100%

100%

100%

Note:

CSW performed 100% punctuality on South Bound schedule.  Seasonal 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 of ships under MOL operation 

  1. III.           Intra Asia Trade
  • Below services are measured:

Japan – Hong Kong/Straits (CHS/HS3)

Japan – Thailand (CBE/CBW)

  • The measuring ports are as follows:
     

Service

South   Bound

North Bound

CHS (3)

Singapore

Tokyo

HS3 (4)

Singapore

Osaka

CBE (3)

Laem Chabang

Tokyo

CBW (3)

Laem Chabang

Osaka

   

Note: (number) = Number of MOL operating ships

(Table 1)

MOL Intra Asia Trades On Time Arrival   Performance

(All   vessels)

(Jan – Dec 2012)

Trade Lane (No. of   services)

Jan-Mar

2012

Apr-Jun

2012

Jul-Sep

2012

Oct-Dec

2012

Intra Asia (4)

100%

99%

91%

99%

 

The above performance criteria were used:

  • Measured4 services on MOL’s Intra Asia trade route

(Table 2)

MOL Intra Asia Trades On Time Arrival   Performance

(MOL ships   under our operation)

(Jan 2012 – Dec 2012)

Trade Lane (No. of   services)

Jan-Mar

2012

Apr-Jun

2012

Jul-Sep

2012

Oct-Dec

2012

CHS (Japan-Hong Kong/Straits)(1)

100%

100%

96%

100%

HS3 (Japan-Hong Kong/Straits)(1)

100%

92%

85%

100%

CBE (Japan-Thailand)(1)

100%

100%

100%

96%

CBW (Japan-Thailand)(1)

100%

100%

81%

100%

Note:

CBE was affected by engine trouble of the vessel and typhoon in October, while CHS, HS3 and CBW maintained 100% punctuality  for the past quarter.

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-EastCoast South America, Asia-Mexico/West Coast South America

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.

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