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CMA CGM reduces capacity by 35%
2009/3/6
CMA CGM has announced a rationalization of its SEAS service, operated in partnership with China Shipping, Maruba and "K" Line, effectively reducing capacity by 35 percent.
As of March 26, SEAS 1 and SEAS 2 loops will be merged into one single string, operated with ten 2,800 TEU to 4,000 TEU vessels.
CMA CGM will deploy four 4,000 TEU ships, China Shipping three 2,800 TEU ships, Maruba two 3,500 TEU ships and "K" Line one 4,000 TEU ship.
The new rotation will be Qingdao, Pusan, Shanghai, Ningbo, Chiwan, Port Kelang, Rio de Janeiro, Santos, Buenos Aires, Montevideo, Rio Grande, Paranagua, Sao Francisco Do Sul, Santo, Durban (Eastbound), Port Kelang,Hong Kong, Qingdao.
Xiamen and Hong Kong (Westbound) are not part of the new rotation but will be connected by feeders through other services.
" On the Asia-Latin America trade, November to June is traditionally a slack season. In order to adjust to the current economic situation and to better adapt its offer to the market demand, CMA CGM together with its partners has decided to reduce capacity by 35 percent by merging its two SEAS services while deploying larger ships and improving cost efficiency", said Jean-Yves Duval, deputy vice-president Latin America Lines.
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2009/3/6