Germany's Hamburg Süd has decided to reduce capacity in the trade between the Mediterranean and the east coast of South America.
According to a company statement, deteriorating market conditions will see the combination of the present two-string operation into one weekly service. The total nominal capacity would also be reduced by 1,700TEU per week.
The revised service will be run by seven 4,200TEU 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 begins this week.
