As a result, CSAV’s overall performance has been impacted with its June lifting’s dropping by 10.5% compared to the previous month.
The latest services to be withdrawn are the MNS service, its Far East and West Mediterranean ‘Mare Nostrum’ service, and the Mexico – West Coast North America ‘NACSA’ service. The India – Middle East – Europe ‘IMEX’ service is to close in August, although this will be superseded by a co-loading agreement on MSC’s IPAK service, on which CSAV provides two 6,500 teu ships.
As a result of these withdrawals, CSAV will no longer be operating direct Far East – USA services. Its Far East – Mediterranean service will continue through its slot allocation on Evergreen’s UAM pendulum, while the line will also continue to serve the Far East – East Mediterranean – Black Sea trade with its ABS loop.