MISC to withdraw temporarily

The shipping line MISC
Berhad is to temporarily
withdraw from the SA
trade.
The Malaysian-based
carrier has concluded that
the market is presently
overtonnaged, and the
line felt it was unable to
sustain its current service
until things improved.
This will hit the line’s
Asia-SA (ASA) service
where it slot-charters
space on a service jointly
operated by K-Line and
Pacific International Line
(Pil).
This withdrawal,
according to Chris
Holton, MD of SA ships
agents, Bridge Marine,
will be effective from the
Alexandria Bridge voyage
015W, which is expected
to call in Durban on
March 27.