The New World Alliance and the Grand Alliance Offer Joint Black Sea Service

London, United Kingdom (PressExposure) June 27, 2008 -- The member lines of The New World Alliance (TNWA) and the Grand Alliance (GA) are pleased to announce a jointly operated service from Asia to the Black Sea starting mid-June 2008.

TNWA and the Grand Alliance carriers began co-operating in February this year with a slot exchange on their respective fortnightly services to the Black Sea. The new joint service will now provide shippers a weekly frequency with the common port coverage.

Eight vessels will be deployed on the service. TNWA members will operate three vessels. Grand Alliance member lines will operate five vessels. Hanjin and UASC will keep participating in this service as slot charterers. Capacity for these eight ships is about 5,000 TEU.

Port rotation for the Black Sea service is as follows:

TNWA service name: “EBX” (East-Mediterranean/Black Sea Express) Service Shanghai, Ningbo, Shekou, Singapore, Suez, Istanbul, Constanza, Odessa, Constanza, Istanbul, Damietta, Suez, Jeddah, Singapore, Shanghai.

#### NOTES TO EDITORS:

About The New World Alliance: TNWA member lines Mitsui O.S.K. Lines, Ltd. (MOL), APL, and Hyundai Merchant Marine Co., Ltd. (HMM) serve more than 50 ports using in excess of 120 containerships in the major East-West container trades.

MOL is one of the world’s largest multi-modal transport companies, operating more than 800 vessels and employing a workforce in excess of 8,600 worldwide. MOL operates one of the largest and most diverse networks of liner and logistics services around the globe, including weekly Transpacific, Transatlantic, Americas and Asia-Europe services. Please visit the company’s website at http://www.MOLpower.com

Sarah A. Chase Head of PR

CELEBRATING 20 YEARS IN BUSINESS tel +44 (0)20 7689 9009 fax +44 (0)20 7689 8008 pr@imageline.co.uk http://www.imageline.co.uk www ilexhibitions.co.uk Image Line Communications Ltd 1A Zetland House, 5-25 Scrutton Street, London EC2A 4HJ

About MOL

tel +44 (0)20 7689 9009
fax +44 (0)20 7689 8008
pr@imageline.co.uk
www.imageline.co.uk
www ilexhibitions.co.uk
Image Line Communications Ltd 1A Zetland House, 5-25 Scrutton Street, London EC2A 4HJ

Press Release Source: http://PressExposure.com/PR/MOL.html

Press Release Submitted On: June 25, 2008 at 10:29 am
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