Leading liners have suspended more services from Asia, but their efforts are failing to stem the steep fall in freight rates.

AP Moller-Maersk and Mediterranean Shipping Co (MSC) are poised to remove capacity from their Asia to North Europe service just days after unveiling the cancellation of two transpacific services.

The 2M Alliance partners have voided the sailing of the 16,652-teu MSC Hamburg (built 2015) from Ningbo on 26 October.