3 lines reduce capacity on ECSA/USEC trade
Hamburg S'd, Alian'a and CSAV said Monday they are merging two loops between the East Coast of South America and the U.S. East Coast as volume on the trade has dropped nearly 40 percent on the trade.
CSAV's USAtlan service will be folded into Hamburg S'd's seven-ship Tango service, on which Alian'a, and Libra-Montemar are slot buyers. According to ComPair Data, CSAV is also already a slot buyer on the Tango service too. CSAV’s service was operated with five vessels and had six slot buyers, including Hamburg S'd.
The new service will be operated with seven 3,500-TEU ships, with Hamburg S'd/Alian'a providing five and CSAV two.
The rotation for the merged service will be New York, Philadelphia, Norfolk, Charleston, Jacksonville, Port Everglades, Puerto Cabello, Suape, Santos, Buenos Aires, Rio Grande, Navegantes, Santos, Rio de Janeiro, Salvador, Suape, Pecem and New York.
The first sailing on the revised service will call New York Sept. 19. The service revision is subject to Federal Maritime Commission approval.