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Shipping lines tighten their belts on SEAS services

Shipping lines tighten their belts on SEAS services

Tokyo: CMA CGM, China Shipping, Maruba and K Line have announced that their jointly operated SEAS 1 and SEAS 2 loops will be merged into one single string as of March 26th 2009.

"On the Asia - Latin America trade, November to June is traditionally a slack season," said Jean-Yves Duval, CMA CGM deputy vp for Latin America lines. "In order to adjust to the current economic situation and to better adapt its offer to the market demand, CMA CGM Group together with its partners has decided to reduce capacity by 35% by merging its two SEAS services while deploying larger ships and improving cost efficiency"

Upon being merged, the revamped service will be operated with ten 2,800 ?" 4,000 teu vessels and call at: Qingdao - Pusan -  Shanghai - Ningbo - Chiwan - Port Kelang - Rio de Janeiro - Santos - Buenos Aires - Montevideo - Rio Grande - Paranagua - Sao Francisco Do Sul - Santos - 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 Group services.  [05/03/09]