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Maersk Line scales down capacity on Asia-Mediterranean trade

Maersk Line scales down capacity on Asia-Mediterranean trade
Container carrier Maersk Line will scale down its fleet capacity serving the Asia to Mediterranean trade in line with demand.

Maersk Line announced that it aims to improve the allocation of capacity on the Asia to Europe services, and the average vessel size on the AE9 network to the Mediterranean will be reduced to 6,500 teu from 9,500 teu.

“The development will meet both current and anticipated demands,” Denmark’s Maersk Line said.

“Furthermore, our adjustments to the network will provide us with a more seasonal network, which will allow us to adjust capacity to demand without impacting the product and reliability we offer to customers,” it added.

The changes to the network will apply equally to both vessel sharing agreement partners on the East-West Network, and are anticipated to be fully effective by the middle of the third quarter of 2015.

“We are pleased to share that our performance on the new Asia-Europe network shows top quartile reliability above 90%,” Maersk Line said.