BRIEF-Maersk Line cuts capacity between South America and Europe
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)
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