Hamburg Süd, MSC Reduction in Capacity

Monday, February 23, 2009

Due to deteriorating market conditions, the Asia Express Consortium partners CCNI and Hamburg Süd on the one hand and MSC on the other have decided with immediate effect to reduce capacity in the trade between Asia and Mexico and the West Coast of South America. This rationalization will be achieved by combining the current MSC service with sling two of the Asia Express Consortium.

Sling one will be operated with ten modern vessels of 4,200 TEU nominal capacity. The revised service structure will have the following rotation: Yokohama - Pusan - Shanghai -  Ningbo - Hong Kong - Manzanillo - Lazaro Cardenas - Puerto Quetzal - Buenaventura - Guayaquil - Iquique - Mejillones - Valparaiso - Lirquen - Lazaro Cardenas - Yokohama.

Sling two will be operated with ten modern vessels of 3,500 TEU nominal capacity. The revised service structure will have the following rotation: Keelung - Hong Kong - Chiwan - Shanghai - Ningbo - Busan - Yokohama - Manzanillo - Buenaventura  - Callao - Mejillones / Antofagasta - Valparaiso - San Vicente - Manzanillo - Keelung.

The resulting two sling service will provide for the most complete and comprehensive coverage in the trade. Total nominal capacity will be reduced by 2,500 TEU per week in the period from February 24 through to August 2009. Hamburg Süd, CCNI and MSC will review the trade prospects in June 2009. Should the trade situation improve sufficiently to warrant additional capacity the lines will revert to their original service set up.

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Container Ships

Maersk to Continue Russian Operations

Denmark's A.P. Moller-Maersk said its four subsidiaries with activities in Russia continue to operate as planned despite the recent sharp drop in oil price and the rouble's collapse.

Marseille Fos Unveils Multimillion Growth Strategy

The Marseille Fos port authority has set out a vision for growth over the four years to 2018 in a strategic plan that puts developments costing $560 million at

NZ Report: Human Error to Blame for Rena Grounding

New Zealand's Transport Accident Investigation Commission (TAIC) published its final report into the grounding of containership Rena in October 2011. The TAIC’s

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1274 sec (8 req/sec)