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CSAV, Hamburg Sud to swap slots in U.S./South America east coasts

CSAV, Hamburg Sud to swap slots in U.S./South America east coasts

   German carrier Hamburg Sud and Chilean Compania Sud Americana de Vapores have filed a slot-swap agreement with the U.S. Federal Maritime Commission to exchange space in the trade between the U.S. East Coast and the North and East coasts of South America.

   The agreement, expected to become effective within two months, also covers Hamburg Sud’s subsidiary Alianca and the CSAV-owned Libra-Montemar.

   Under the terms of the agreement, Hamburg Sud and Alianca will take slots on CSAV’s and Libra-Montemar’s weekly USATLAN service which uses six ships of about 2,500 TEUs and calls: New York, Norfolk, Baltimore, Puerto Cabello, Sao Francisco, Paranagua, Santos, Rio de Janeiro, Salvador, Puerto Cabello, and back to New York.

   In exchange, CSAV and Libra-Montemar will take slots on Hamburg Sud’s and Alianca’s weekly East Coast-Americas loop which deploys six 3,740-TEU ships and has a port rotation of: New York, Philadelphia, Norfolk, Charleston, Jacksonville, Port Everglades, Puerto Cabello, Suape, Santos, Buenos Aires, Montevideo, Rio Grande, Santos, Sepetiba, Suape, Pecem, and New York.