Hamburg-Sud and Hapag-Lloyd are going to terminate their joint North Europe/Eastcoast South America String 2 service taking out around 2,500 TEUs of weekly capacity from the trade.
The termination follows earlier confirmation that Hamburg-Sud, together with CSAV, CMA-CGM, Zim, Maruba and Niver Lines were streamlining their Mediterranean/East coast South America services (Sirius service network) to just one service from two.
The String 2 service operates with four vessels of 2,500 TEUs with Hapag-Lloyd deploying three, and Hamburg-Sud, one. The Port coverage is: Rotterdam, Hamburg, Antrwep, Le Havre, Paranagua, Santos, Salvador and Rotterdam. The service runs in conjunction with the Hamburg-Sud String 1 service whichdeploys 6 x 5,560 TEUs vessels.
Source: PR News/ Copy 6010/ 20 April 2009
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