Maersk Reefer_1

2M partners Maersk and MSC are to suspend one headhaul Asia-North Europe loop and one Asia-Mediterranean loop for the entire second quarter as the liner industry struggles to manage an avalanche of cancelled bookings.

Following last week’s blanking of the North Europe AE1/Shogun service and the AE20/Dragon loop to Mediterranean ports, on Friday evening Maersk and MSC signalled the start of “emergency capacity management action”.

The 2M will now completely withdraw its AE2/Swan North Europe and AE20/Dragon services until the end of ...

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