Cosco, MSC cut capacity 25pc on Far East-Mideast route

COSCO Container Lines and the Mediterranean Shipping Company's (MSC) joint service linking the Far East and Middle East will cut capacity on the loop from May 24, according to ComPair Data.

Operating with 6,880-TEU ships on average, with Cosco providing five vessels and MSC providing one, the MEX/MAX service will operate from May 24 with six smaller 5,175-TEUers with each line supplying three, representing a 25 per cent drop in capacity on the string.

The rotation, which remains the same, is Shanghai, Ningbo, Hong Kong, Singapore, Dubai, Dammam, Bandar Abass, Port Kelang, Singapore, Hong Kong and Shanghai.

Source: www.schednet.com