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Evergreen, China Shipping Cooperate on Trades

Maritime Activity Reports, Inc.

June 2, 2009

The Evergreen Line and China Shipping Container Lines have agreed to cooperate on Asia-US West Coast, Asia-Europe and Asia-Mexico-US East Coast containership services commencing June 2009.  The agreement was signed by First Vice Group Chairman of the Evergreen Group, S S Lin and Chairman of the China Shipping Container Lines, S D Lee on 27 May in Shanghai, China.

Commenting on this latest development, Evergreen and China Shipping have
Stated, "With the benefits of slot-sharing arrangements and joint services, we expect both Evergreen and China Shipping to see significantly upgraded service coverage and more efficiently utilized capacity on the crucial Asia-Europe and Asia-America trades as a result, so providing a better service to our customers."

The two lines will share slots on the Asia /US Pacific South West Coast route:
Evergreen upgrades its Hong Kong, Taiwan-US West Coast service (service code: HTW for Evergreen and AAS for CSCL) of five 8,000 TEU vessels. The first vessel will be EVER CHAMPION 0571-027E from Kaohsiung on the 16th of June with the port rotation:
Kaohsiung - Xiamen - Hong Kong - Yantian -Los Angeles -Oakland - Kaohsiung.

China Shipping upgrades its North/Central China to US West Coast service (service code: CPS for Evergreen and AAC for CSCL) of five 8,000 TEU vessels. The first vessel will be Xin Ou Zhou 0020E from Qingdao on the 16th of June with a port rotation:
Qingdao - Lian Yun Gang - Shanghai - Ningbo - Pusan - Los Angeles -Oakland - Qingdao.

The Asia-Mexico-US East Coast route will be :
Asia Mexico US East Coast service (service code:AUE2 for Evergreen and AAE1 for CSCL)  with a total of eight 4,000 TEU vessels.  The first vessel will be ITAL LAGUNA 0001-019E from Shanghai on the 15th of June with a port rotation:
Shanghai - Hong Kong - Yantian - Lazaro Cardenas - New York - Norfolk -Savannah - Miami - Lazaro Cardenas - Shanghai.

All appropriate filings for US trades have been made with the U. S. Federal Maritime Commission.

In the Asia/ European trade:
China North Europe service (service code: CEM for Evergreen and AEX1 for CSCL) with a total of eight 8,000 TEU vessels.  The first vessel will be Xin Hong Kong 0029W from Qingdao on the 17th of June with a port rotation:
Qingdao - Shanghai - Ningbo - Felixstowe - Hamburg - Rotterdam - Zeebrugge - Hong Kong - Qingdao.

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