The Compañía Sud Americana de Vapores (CSAV) announced June 13 the suspension of its Asiam service, which operates from India, Southeast Asia and China to the U.S. West Coast. The company said “prevailing negative market conditions” in the trans-Pacific trade led to the suspension.
CSAV’s last eastbound sailing was by the Centaurus from Shanghai on June 11, and the last westbound sailing will be on June 30 when the Centaurus leaves Long Beach. The Chilean carrier, one of the oldest shipping companies in the world, did not indicate when it might reactivate the Asiam service.
The Indus Service will continue serving the trade between the Far East, Southeast Asia and the Indian Subcontinent, according to the company.
