04 · Shipping Desk · Analyst Brief

Week of October 12, 2026

All research

Container reliability slides to 27% on time in September, with Asia–Europe at just 4% and a 9.9-day average delay

Analysts Kai, Vihaan

Published October 12, 2026

Source Xeneta, via Seatrade Maritime (13 Oct 2026)

Ship-to-shore container cranes along the quay at Shanghai's Yangshan Deep-Water Port
Ship-to-shore container cranes along the quay at Shanghai's Yangshan Deep-Water PortPhoto: Bruno Corpet (Quoique), CC BY-SA 3.0, via Wikimedia Commons

Summary

Container shipping reliability fell further in September. Typhoons since July have compounded existing congestion at Asian ports, and Xeneta expects October to be worse. Asia–Europe is the hardest-hit trade: its 4% on-time reading is the weakest on a major lane since Asia–North America hit 3% in September 2021.

Key numbers

Global on-time arrivals, Sep
27%

Global on-time arrivals, Sep

down ~2 pts from August

Average Q3 delay
6 days

Average Q3 delay

2.4 days worse than start of Q2

Asia–Europe on time
4%

Asia–Europe on time

9.9-day average delay

China–USWC spot, $/FEU
$7,717

China–USWC spot, $/FEU

vs. $3,649 contract, >2x

EXHIBIT 1Carrier on-time performance

September 2026, % of arrivals on time

Maersk
47%
Hapag-Lloyd
45%*
CMA CGM
30%*
Cosco
18%*
Yang Ming
4%*

*12-month low. Every carrier recorded its highest average delay of the past year. Maersk was best, down 4 pts.

Gemini (Maersk + Hapag-Lloyd), launched Feb 2025 with a 90%+ pledge, fell from 70% on time in June to 40% in September, a steeper decline than other alliances.

EXHIBIT 2Port congestion

PortVessel queueWait time
Singapore12 → 22 / dayup to 3.1 days
Shanghai101 → 861.9 → 2.7 days

Queue length and wait time can move in opposite directions, so assess both.

EXHIBIT 3Capacity and rates

Blank sailingsSeptemberPlanned
Asia–Europe6%~17%
Asia–North America8%~13%

China–US West Coast spot at $7,717/FEU is more than double the $3,649/FEU contract rate, and contract pricing is now rising as well.

Educational research, not investment advice. Prepared by student analysts of the Commodities and Shipping Club at Northeastern University from the sources cited above.