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

Container Ships

Long Beach Cargo Continues to Climb

Cargo container traffic rose 7.3 percent in September at the Port of Long Beach compared to the same month last year, making for the Southern California seaport’s busiest September since 2007,

Continership Alliance Expands to US Trades

The CKYHE Alliance (COSCO, "K" LINE, Yang Ming, Hanjin Shipping, and Evergreen Line) has announced they will expand their cooperation scope to U.S. Trades and CKYHE

Maritime Broadband Opens Office in Greece

Maritime Broadband has expanded its worldwide footprint by opening an office, Maritime Broadband Hellas, in Athens, Greece. The new office addresses the growing

 
 
Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction 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: 0.1110 sec (9 req/sec)