FRANCE-based CMA CGM, the world’s
third largest container shipping company, has slashed its SIRIUS
service capacity by 40% to adapt to current market demand.
The shipper’s SIRIUS service links the
Mediterranean with West Africa and the eastern coast of South
The two loops of the service had
been merged into one single string effective March 12, operated with
seven 4,200 twenty-foot equivalent unit (TEUs) vessels, the company
said in a statement.
The new rotation is: Valencia–Taragona–Barcelona–Livorno–Vado
Ligure–Malta–Dakar–Rio de Janeiro–Santos–Buenos Aires–Montevideo–Rio
Grande–Paranagua–Santos–Rio de Janeiro–Pecem–Valencia.
“Although the service capacity has
been reduced by 40%, it will nevertheless maintain a large port
coverage and will keep serving Dakar, a particularly important call
for CMA CGM,” said deputy vice-president for Latin America lines
In a separate statement, CMA CGM
said it would also reduce its SEAS service capacity by 35%, operated
in partnership with China Shipping, Maruba and K Line.
SEAS 1 and SEAS 2 loops will be
merged into a single string, operated by 10 vessels with capacity
ranging from 2,800 TEUs to 4,000 TEUs, effective March 26.
CMA CGM will deploy four 4,000 TEUs
ships, China Shipping with three 2,800 TEUs ships, Maruba with two
3,500 TEUs ships and K Line with one 4,000 TEUs ship.
The new rotation is: Qingdao–Pusan–Shanghai–Ningbo–Chiwan–Port
Klang–Rio de Janeiro–Santos–Buenos Aires–Montevideo–Rio Grande–Paranagua
–Sao Francisco Do Sul–Santos–Durban (Eastbound)–Port Klang–Hong
Although Xiamen and Hong Kong
(westbound) are not part of the new rotation, they will be connected
by feeders through other group services.
Duval said the Asia-Latin America
trade traditionally saw a slack period between November to June.
“In order to adjust to the current
economic situation and to better adapt its offer to the market
demand, CMA CGM Group, together with its partners, has decided to
reduce capacity by merging its two SEAS services while deploying
larger ships and improving cost efficiency,” he said.