News and Press Releases

CKYH Alliance to Add AWE - 5 Service

April 26, 2006 -The CKYH Alliance (COSCON, "K" Line, Yang Ming Line, and Hanjin Shipping) will deploy a total of eight Panamax 4000TEU containerships (two each) to jointly operate the new AWE - 5 service on the Asia-US East Coast trade.

This is the 5th loop between Asia and US East Coast ports under CKYH services, and CKYH will start to offer direct calls in Houston and Miami from Asia. The service will also provide one of the shortest transit times (22 days) from Shanghai to Savannah in the industry.

The CKYH Alliance plans to launch the service with KYH vessels deployment initially from the beginning of July and port rotation of AWE - 5 shall be:

Hong Kong – Yantian – Shanghai – Ningbo – Savannah – Miami – Houston – Hong Kong.

COSCON shall phase-in its vessels from 4 th quarter of this year.

The AWE 5 is part of the CKYH Alliance's efforts to promote full-scale joint operations and this new All Water Express service is expected to upgrade the level of service offered to our customers.