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Evergreen to Offer Joint Service in Middle East Market

Maritime Activity Reports, Inc.

October 23, 2003

Global container carrier Evergreen will commence a joint service on November 4 with Simatech Shipping for a weekly service covering following rotation: Port Kelang - Singapore - Nhava Sheva - Dubai -Jebel Ali Bandar Abbas - Mundra - Nhava Sheva - Port Kelang The service will utilize four 1,100-TEU container vessels, three from Simatech and one Gallant Wave--from Evergreen, for a 28-day transit time schedule. For Simatech, founded in Dubai in 1992 by the Iranian ILS group, it is its first trade route outside of the Middle East/Indian sub-continent.

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