CSAV NORASIA Expands its Vietnam, Thailand and Indonesia Service (VTX).

Hong Kong, February 22, 2008 - CSAV NORASIA is pleased to announce the improved Intra Asia service between Vietnam, Thailand & Indonesia (VTX) to meet customer requirements more effectively.

From the existing 2 loops service, VTX will start calling Port Klang on February 24th and going into a 3 loops service. Through this weekly country specific shuttle service of VTX, CSAV NORASIA has further enhanced its products and service from major Asian ports with various trade lanes to the rest of the world.

VTX will deploy 4 ships with an average capacity of 900 TEUs in a weekly rotation of 28 days on reflecting the commitment to this growing region.

The new port rotation as follow:

Loop 1:
Singapore/Port Kelang/Bangkok/Laem Chabang/Port Klang/Singapore
Loop 2:
Port Klang/Singapore/Surabaya/Semerang/Jakarta/Singapore/Port Klang
Loop 3:
Singapore/Port Klang/Saigon/Singapore/Port Klang

Each destination will increase service commitment on both Intra Asia Market and South East Long Haul Export (Asia to North Europe).This service offer more diverse loading options and optimal transit time from Southeast Asia
countries.

CSAV NORASIA is a leading shipping line in the East-West trade routes.
Located in Hong Kong, it is part of the CSAV Group, which is located in Valparaiso, Chile.
Please visit us on-line at www.csavnorasia.com for more details.

(Friday 22nd February, 2008)