Friday, October 3, 2008

MSC to raise capacity on Europe-S Africa service

The Mediterranean Shipping Company is revising its Europe-South Africa service by progressively replacing the 4,000TEU vessels with 4,500TEU vessels used on the service with containerships ranging from 5,000- to 6,000TEU.

MSC is using most of the capacity on the service itself, but also carries containers on behalf of Evergreen Line and Hapag-Lloyd. It also transships Med-South Africa cargo at Sines and Las Palmas. While MSC is increasing capacity on its Europe-South Africa trade route, container shipping lines jointly operating the Europe-South Africa SAECS loop 2, namely Maersk Line, Safmarine, DAL and MOL, are reducing capacity. The move is said to have been driven by a seasonal decline in traffic volumes.
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