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TMM Appoints Hesco As Japan Agent

Maritime Activity Reports, Inc.

July 24, 2000

Shipping company TMM Lines appointed Hesco Agencies Ltd. as its new shipping agent in Japan in a move to strengthen operations with the Asian region. As of August 10, Hesco will replace Nippon Maritime Co., TMM's previous shipping agency in Japan. TMM Lines and two other shipping lines were partially owned by Mexico's Transportacion Maritima Mexicana but were sold to its partner Canadian Pacific Ltd. in the year's first quarter. Hesco is a wholly owned subsidiary of the Ben Lines Group.

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