Sea News
8 carriers cut Far East-WCSA capacity 20pc merging joint loops in winter
11/23/2013 9:23:27 AM
 |
DURING
the upcoming slack winter season CSAV, Mediterranean Shipping Company
(MSC), CMA CGM, Hamburg Sud, CCNI, Hanjin Shipping, China Shipping
Container Lines (CSCL) and Hyundai Merchant Marine (HMM) will drop one
of their four loops on the Far East-Mexico-west coast South America
route.
This will be achieved by merging within a new
joint seasonal service the ANDEX 2/Alpaca/ACSA 2 service operated by
CSAV, MSC, CMA CGM & CSCL and the Hanjin Shipping Sling 1/China
Express/ALW 1 service run by Hamburg Sud, CCNI, Hanjin Shipping, CSCL
and HMM, Alphaliner reports.
The move will reduce the capacity they deploy on the route by one-fifth, which currently stands at 25,500 TEU a week.
Total
Far East-WCSA capacity will decrease by nine per cent, as the eight
shipping lines combined control 55 per cent of the aggregate capacity
deployed on the FE-WCSA sector, based on Alphaliner figures.
The port rotation of the new seasonal service is
It will turn in 11 weeks and deploy 11 vessels averaging 6,500 TEU. The service is schedule to depart from
The
two remaining loops will remain the same, whereby CSAV, MSC, CMA CGM
and CSCL will continue to separately operate their other joint service
(ANDEX 1/Andes/ACSA 1) with 12 vessels ranging in size from 8,000-9,500
TEU.
At the same time, Hamburg Sud, CCNI, Hanjin Shipping, CSCL
and HMM will continue to run their second loop (Hanjin Shipping Sling
2/North
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