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 Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Container Ships

Terex Cranes for ICTSI

Terex Port Solutions (TPS) has received an order from a subsidiary of International Container Terminal Services, Inc. (ICTSI) in Iraq for two Terex shiptoshore

UASC Sees Big Drop on Asian-Europe Route

Kuwait-headquartered United Arab Shipping Company (UASC) said that marked drop in Asian imports to Europe, made worse by a strong dollar, has heaped pain on container

Port of Bronka Prepares for Opening

Technical plant and equipment installation for the first stage of Bronka’s port facilities is now complete with the Liebherr LHM 800 mobile port crane installed at the end of September,

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Salvage Ship Electronics Ship Repair
rss | archive | history | articles | privacy | 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: 0.0631 sec (16 req/sec)