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Evergreen/COSCON Upgrade China/Persian Gulf Services

Maritime Activity Reports, Inc.

May 15, 2008

Evergreen and COSCON will launch a weekly independent service to cover the China/Arabian Persian Gulf route starting from early June 2008. These will replace the CPG service, jointly operated by Evergreen and COSCON.
Evergreen will deploy six 3,400-TEU size vessels into and Arabian Persian Gulf service (CPG2) with the rotation as Qingdao-Shanghai-Ningbo-Yantian-Hong Kong-Tanjung Pelepas-Jebel Ali-Dammam-Nhava Sheva-Singapore-Kaohsiung-Qingdao.
COSCON will deploy five 3,400TEU size vessels into and service (CPG1) with the rotation as Shanghai-Ningbo-Yantian-Singapore-Jebel
Ali-Banda Abbas-Karachi-Singapore-Shanghai.
Evergreen will maintain cooperation with COSCON on this trade lane through a slot swap arrangement. With these two new loops, Evergreen and COSCON will be able to widen the range of market visibility in Far East/Middle East trade.

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