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CSAV NORASIA Announces Changes to SuperGalex Service

Hong Kong, November 28, 2006—CSAV NORASIA has today announced changes to its SuperGalex service. With effect from November 29, 2006, CSAV NORASIA will add one extra ship to this service and offer additional port coverage in Northern China and an extra call in Colombo on the eastbound leg.

The service will be operated with six ships, with CSAV NORASIA operating three of the six ships on this service, in a partnership with Hanjin and Laurel Navigation.

With the addition of Xingang and Qingdao to the service customers will have direct access from these important ports in Northern China to the Indian Subcontinent and Middle East, adding to the existing ports in Central and Southern China. The inclusion of Colombo on the eastbound leg of this service offers customers further options.

CSAV NORASIA is now also able to offer East Africa as a destination for its customers as the SuperGalex will offer access via Jebel Ali and transhipment to the Marco Polo service. This will allow China, India, and East Africa to be directly connected via these services.

The SuperGalex will offer fast transit times, with Qingdao to Nhava Sheva in only 15 days, and timely and responsive customer service from CSAV NORASIA’s wholly-owned agencies in India and China, plus increased capacity.

Port rotation will be as follows:

Port Rotation

Shanghai, Xingang, Qingdao, Ningbo, Chiwan, Singapore, Colombo, Nhava Sheva, Jebel Ali, Karachi, Mundra, Colombo Singapore, Hong Kong, Shanghai

The first sailing with the new rotation will be MV Norasia Tegesos 645, ETD Shanghai 28th November, 2006. The six ships will have an average capacity of 2,800 TEUs and speed of 21 knots.

(Tuesday 28th November, 2006)

   
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