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Weak market prompts Hapag-Lloyd to close transatlantic Caribbean Express Service
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Weak market prompts Hapag-Lloyd to close transatlantic Caribbean Express Service
Hapag-Lloyd has announced that it will discontinue its transatlantic Caribbean Express (CES) service at the beginning of next year “due to current unsustainable market conditions”. The service, on which Maersk Line is a slot charterer and markets as the TA5 string, deploys seven vessels with an average capacity of 2,700 teu, according to the Xeneta-owned eeSea liner database. The service currently has a port rotation of Antwerp-Felixstowe-Hambur…
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