You must be a Premium Subscriber to read this article.

Maersk withdraws Europe-WCSA loop

Monday, May 07, 2012

The ocean carrier Maersk Line said Friday it will shutter its Andean service between Northern Europe and the west coast of South America. The line said the service has become too expensive to maintain, and ports in Peru and Chile served directly through the Andean loop will be covered by transshipment in Balboa, Panama. “A downward trend in freight levels for a number of years, combined with increasing costs due to rise in bunker prices this year, has m...

You have requested access to content only available to Registered Users of American Shipper. You can become a registered user for FREE. You will not have access to premium content.

Your registration to American Shipper is FREE and will provide you access to much of the content on the American Shipper Web site. You will not have access to Premium Content.

SUBSCRIBE NOW
Access to premium content, original reporting, research, and feature stories require a paid subscription. Subscriptions to American Shipper costs $120 a year. Your subscription includes unlimited access to content on the American Shipper Website, early access to the digital edition of the monthly magazine, and the daily AS+ premium newsletter published each morning.