From Europe out of Africa
Sep 28, 2003
P&O Nedlloyd, which has been involved on the route for many years, says it has decided to withdraw from the Europe-West Africa trade in the final quarter of this year and will instead focus on its trade between Asia and West Africa.
The decision will mean the closure of the joint service with West-Afrika Linien Dienste (WAL) by the end of November.
The four 1,100-TEU ships currently deployed on the service, of which two are chartered by P&O Nedlloyd, will be re-deployed elsewhere.
According to Europe-West Africa Trades general manager Richard Mellor, the current trading climate in West Africa has become challenging. “We are facing a combination of economic and political uncertainty as well as an oversupply of tonnage. But we have not ruled out a return to the Europe-West Africa Trade when conditions improve. Meanwhile we are concentrating our efforts on developing our service between Asia and West Africa.”
This bi-weekly service includes calls at South African ports with a weekly express service operated with MOL and a second string operated with MOL and PIL.