| January 26, 2007 |
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| CKYH Alliance restructure East Mediterranean
Services |
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| Coscon, "K" Line and Yang Ming (YML) are pleased
to announce the inauguration of new East Mediterranean Service from mid of March, 2007,
named East Mediterranean Express (EMX). Targeting the Israel/Greece market and enlarging
the market coverage through the hub ports, EMX will provide the direct service from
Fareast base ports to these two key markets in East Mediterranean. EMX will be operated by
seven 3000TEU type vessels, among which Coscon will provide four vessels, YML will provide
two vessels and "K" Line will provide one vessel. |
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| By launching the new East Mediterranean Express (EMX),
member lines of CKYH Alliance will further upgrade current Aegean Sea Direct Express (ADX)
from current six of 1400TEU class vessels to six of 2000TEU class vessels, mainly aiming
major ports of Turkey, another key market in East Mediterranean. Among the six vessels,
YML will provide four vessels and Coscon will provide two vessels. |
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| All member lines of CKYH Alliance believed that the
launching of new EMX and upgrading ADX will not only enlarge the service coverage and
service quality, but also enhance the cooperation scope globally. |
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| Rotation of East Mediterranean Express (EMX) and new Aegean
Sea Direct Express (ADX) would be as below: |
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| EMX (7x3000TEU) |
Shanghai - Ningbo - Hong Kong - Shekou - Singapore - Ashdod
- Piraeus - Thessaloniki - Singapore - Hong Kong - Shanghai |
| ADX (6x2000TEU) |
Hong Kong - Singapore - Istanbul - Haydarpasa - Gemlik -
Izmir - Singapore - Hong Kong |
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| For further information, please contact: |
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| Takafumi Kido |
| Manager, Planning Team |
| Containerships Business Group |
| Kawasaki Kisen Kaisha, Ltd. Tokyo |
| TEL: 81-3-3595-5309 FAX: 81-3-3595-5288 |