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The 2M east-west vessel sharing agreement between Maersk Line and MSC is the first alliance this year to announce a capacity reduction by downsizing vessels deployed on its Asia-Mediterranean and North Europe AE9/Condor loop.

Ships of 9,500 teu on the service will be replaced by those of around 6,500 teu. Maersk Line advised its customers yesterday that the capacity downgrade followed a network review to “improve the allocation of capacity on Asia-Europe services.

It added that the change, “to meet both current ...

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