The decision will mean the closure of the joint service with West-Afrika Linien-Dienste by the end of November. The four 1,100-TEU vessels currently deployed on the service, two of which are chartered by P&O Nedlloyd, will be re-deployed.
Commenting on the decision, Europe/Africa trades general manager Richard Mellor said: “The current trading climate in West Africa is very challenging. We are facing a combination of economic and political uncertainty as well as an oversupply of tonnage.”
P&O Nedlloyd said that it has ruled out a return to the Europe/West Africa trade when conditions improve.
The Anglo-Dutch carrier will continue its liner service between Asia and West Africa, which is not affected by the ending of the Europe/West Africa operation.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now