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North Europe – Morocco KNSM Service Upgrade

Maritime Activity Reports, Inc.

November 10, 2005

Maersk Sealand and P&O Nedlloyd announced the upgrade of the direct KNSM service between North Europe and Morocco. To replace existing smaller tonnage, the companies will, beginning at the end of November 2005, phase in two larger and faster vessels, each with a capacity of over 400 TEU (at 14 tons/TEU). The upgraded service will include Bremerhaven, Germany in a new weekly fixed day rotation of Bremerhaven; Casablanca (Morocco), Agadir (Morocco), Rotterdam (Netherlands), Bremerhaven. The companies say the new transit times are improved, including Agadir to Rotterdam in 4 days, and Bremerhaven to Casablanca in 5 days. The KNSM service will be connected to Maersk Sealand's Scandinavia and Baltic feeder systems at Bremerhaven. The upgraded service will offer a refrigerated cargo carrying capacity of over 200 TEU per week in each direction to support the growing reefer trade. Maersk Sealand and P&O Nedlloyd will market the upgraded service separately until mid-February 2006, after which it will be part of the new Maersk Line network.

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