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CUSTOMER ADV - SAFMARINE TO WITHDRAW FROM ASIA-EUROPE TRADE
Please find below Customer Notice pertaining to Safmarine's decision to withdraw from Asia - Europe trade
"Safmarine has taken the decision to withdraw from its participation in the Asia - Europe trade. This includes all Asia-Europe strings between Asia and the Northern West Continent of Europe, Iberian, Italian and Balkan Penisulas and Eastern Europe. We will continue to serve all the Asia to Africa markets, including North Africa. This withdrawal will commence immediately, with final cargoes being shipped by Wednesday 30th June. A very small number of larger accounts who have contractual commitments with us will withdraw their volumes in a phased approach to be concluded by the end of the year.
This long-term decision has been taken to ensure a sustainable and profitable future for Safmarine as a Regional Carrier providing and developing our market-leading core services to and from Africa, the Middle East and the Indian Subcontinent.
Your Safmarine representative will be in touch with you shortly to discuss plans for this withdrawal. We assure you that we will maintain our current levels of service during the transition period, and do please contact us if you have any specific enquiries".

Date: 11 March 2010

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