Independent journal on economy and transport policy
11:36 GMT+2
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CSAV suspends own transpacifico service ASIAM temporary
In the first five months of the 2011 fleet of portacontainer of the company it has transported 1.464.000 teu (+45.3%)
June 14, 2011
The shipowning company Chilean Compañía American South de Vapores (CSAV) has decided to temporary suspend own transpacifico service ASIAM that connects the Indian subcontinent with Southeastern Asia, China and the western coast of the USA. The last departure eastbound is carried out saturday slid from the port of Shanghai, while the last departure westbound will be carried out next the 30 june from the port of Long Beach.
The company has explained that the suspension is decided as a result of the prevailing negative conditions of the market.
While last month the fleet of portacontainer of the CSAV has transported cargo volumes 303.300 pairs to container teu, with a progression of 35.7% regarding May 2010. In the first five months of the 2011 fleet it has transported altogether 1.464.000 teu, with an increment of 45.3% on the correspondent period last year.
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