Deppe Linie withdraws from liner shipping, Atlantic

Deppe Linie withdraws from liner shipping, Atlantic    Hamburg-based transatlantic shipping line Deppe Linie will withdraw from liner shipping and from the transatlantic liner trade at the end of October.
   The carrier, owned by the H. Schuldt group, has traded in the transatlantic line market for decades and was taking space from Lykes Lines. It had a small market share in the trade between northern Europe and the U.S. Gulf, East Coast and Mexico.
   A spokesman for Deppe Linie told American Shipper that the decision to cease its liner shipping operations was made to “consolidate the core business of ship management.”
   Deppe Linie’s withdrawal from the transatlantic trade follows the cessation of Senator Lines’ transatlantic services at the end of 2002 and the ending by Safmarine of its Montreal/northern Europe services in January 2003.