BRIEF-Maersk Line cuts capacity between South America and Europe

martes 3 de febrero de 2015 01:30 GYT
 

Feb 3 (Reuters) - Maersk Line, a unit in A.P. Moller-Maersk A/S :

** Expects a steady decline in market demand on trade between the east coast of South America and Europe and the Mediterranean

** Has adjusted capacity by using smaller vessels between South America and Europe and the Mediterranean

** Move has resulted in a 10 percent reduction in overall market capacity

Further company coverage: (Reporting By Ole Mikkelsen)