March 20, 2008
Source: American Shipper Online
Maersk Line will further reduce its
U.S. footprint in mid-August by withdrawing from the U.S. East
Coast/East Coast of South America trade.
The Danish carrier said today it will cease its slot charter
agreement with Hamburg S&d on a service marketed by Maersk
as NASA, effective Aug. 17.
"The decision has been made based on the unprofitable cargo
volumes in the trade and as a consequence of Maersk Line's ongoing
efforts to optimize its network," the Copenhagen-based
company said in a statement.
Maersk joined the Hamburg S&d service in April of last year
when it ended its own U.S. East Coast/Brazil loop -- also known
as NASA -- that had used five vessels of about 2,500 TEUs.
The Hamburg S&d service deploys six ships of 3,739 TEUs
calling New York, Philadelphia, Norfolk, Charleston, Jacksonville,
Port Everglades, Puerto Cabello, Suape, Santos, Buenos Aires,
Montevideo, Rio Grande, Santos, Suape, Pecem, and back to New
York. Other carriers sharing space on the service include Compania
Sud Americana de Vapores (CSAV), its subsidiary Libra, Evergreen
Line, and Hamburg S&d's affiliate Alianca.
Maersk's defection from the trade is consistent with its low
to no-growth outlook for all the U.S. trades in 2008, and follows
its drastic reduction in transpacific tonnage and U.S. inland
options that began at the end of 2006 and start of 2007. Another
trade in which Maersk is scaling back is U.S./Australasia, in
which it will merge operations with Hamburg S&d at the end
of May.



