Maersk cuts Asia to Europe capacity on low demand


COPENHAGEN, Oct 12 (Reuters) - Danish oil and shipping groupA.P. Moller-Maersk said on Friday it would cutfurther capacity on the core Asia to Europe trade on the back oflow demand.

The group's container shipping unit Maersk Line willpermanently suspend its Asia to Europe AE5 service whichoperates 8 vessels, and temporarily suspend its Asia to EuropeAE9 service which operates 11 vessels.

The AE9 service would immediately until early December 2012,Maersk said in the statement.

(Reporting by Copenhagen Newsroom)

((Copenhagen newsroom, tel: +45 33969649, e-mail:copenhagen.newsroom@thomsonreuters.com))

Keywords: MAERSK ASIA/