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Asia Express Consortium members Hamburg Sud and CCNI will consolidate some services with Mediterranean Shipping between Asia, Mexico and the west coast of South America because of deteriorating market conditions.
The carriers said they would combine the current MSC service with Sling 2 of the Asia Express consortium. Total nominal capacity will fall by 2,500 TEUs a week through August.
Sling 1, deploying 10 vessels of 4,200 TEUs each, will call Yokohama, Busan, Shanghai, Ningbo, Hong Kong, …