Hamburg Süd Reduces Capacity

Monday, March 09, 2009

Due to deteriorating market conditions, Hamburg Süd has decided to reduce capacity in the trade between the Mediterranean and the East Coast of South America with immediate effect.

This rationalisation will be achieved by combining the present two string operation into one weekly service. Total nominal capacity will be reduced by 1,700 TEU per week which should result in a more adequate balance between supply and demand.

The revised service will be run by 7 x 4,200 TEU vessels of which Hamburg Süd will provide three and will have the following rotation:
Valencia - Tarragona - Barcelona - Livorno - Vado Ligure - Malta - Dakar - Rio de Janeiro - Santos - Buenos Aires - Montevideo - Rio Grande  - Paranagua - Santos - Rio de Janeiro - Pecem - Valencia.

The new service configuration which will start as from the second week of March will provide for the most complete and comprehensive coverage in the trade.

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

Container Ships

Fuel-saving Modifications for Containerships’ Engines

Mitsui Engineering & Shipbuilding Co., Ltd., and 100% owned subsidiary MES Technoservice Co., Ltd., have received an order from a Taiwan shipowner for fuel-efficiency

Evergreen Upgrades its Intra-Asia Service Network

Evergreen Line announced it will partner with Mariana Express in launching a joint South China- East Malaysia (SEM) Service. The new initiative will give a boost

Rickmers-Linie Appoints Interliner Agencies

Hamburg based Rickmers-Linie has appointed Interliner Agencies as its new agent in South Central Europe. The agency contract covers Slovenia, Austria, Czech Republic,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics 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: 0.0898 sec (11 req/sec)