Team Lines goes offboard
The shipping company Team Lines, which belongs to the Belgium-based Delphis Group, will stop all activities of Team Lines Deutschland with effect from 11 February. The feeder shipping company recently informed the customers and partners in a letter, blaming the "deteriorating market conditions in Northern Europe... combined with the ongoing consolidation process in the maritime sector".
From Hamburg, Team Lines runs a Swedish feeder service serving the ports of Stockholm, Norrkoping and Arhus. These harbours are still closed after termination of the service with Hamburg by the feeder carrier Unifeeder and X-Press and on slots at CMA CGM and OOCL. Team Lines Hamburg states that it will comply with all obligations and implement the settlement in an orderly manner. (kd)