The New World Alliance to Launch New Trans-Atlantic Service

January 19, 2012

Seoul, Singapore, Tokyo, 19 January 2012 -The New World Alliance (TNWA) - APL Co. Pte Ltd (APL), Hyundai Merchant Marine (HMM) and Mitsui OSK Lines (MOL) today announced the launch of a new Trans-Atlantic service connecting Europe and the UK with the US East Coast and Panama.

The Americas Europe Express (AEE) service is TNWA's third dedicated Trans-Atlantic service. It offers multiple weekly sailings from major US and European ports, as well as competitive transit times from Latin America to North Europe via the trans-shipment hub in Panama.

The Alliance will deploy high reefer capacity ships with an average effective capacity of 3,200 TEU. APL will operate three vessels, and HMM and MOL will operate one vessel each.

The AEE service rotation covers the following ports:Manzanillo (Panama), Charleston (US), New York (US), Rotterdam (Netherlands), Bremerhaven (Germany), Felixstowe (UK), New York (US), Charleston (US), and Manzanillo (Panama).

Start dates for the service as follows:

• Westbound: APL Shanghai, sailing from Rotterdam, 29 February 2012
• Eastbound: APL Indonesia, sailing from Manzanillo, 5 March 2012

About The New World Alliance
TNWA member lines APL Co. Pte Ltd (APL), Hyundai Merchant Marine (HMM) and Mitsui OSK Lines (MOL), serve all locations on the major East-West container trades.