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Hapag-Lloyd, Canada to Mediterranean Unchanged

Maritime Activity Reports, Inc.

February 6, 2009

Hapag-Lloyd will continue the service between Montreal and ports in the Mediterranean provided in cooperation with Senator Lines without any change, offering customers weekly departures. Eight ships, two of which are contributed by Senator, are currently deployed. The service runs from Montreal to Fos, Genoa, Salerno and Cagliari as well as Valencia Leghorn, Cadiz and Lisbon. The vessels deployed have capacities of between 1,000 and 2,000 TEU. In a notice to the trade it is said, that Hanjin Shipping, as parent company of Senator Lines, is presently investigating the possibility of continuing the Canada-Mediterranean service in conjunction with Hapag-Lloyd.

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