MOL Announces the Start of a New Weekly Service:2 Loops on Asia/Mexico-South America West Coast Route

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LONDON, 13 March 2008 – Today, Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) announced the start of a new weekly service on two loops with “K” Line. Loop 1 will cover Mexico and Chile. Loop 2 will cover Mexico, Colombia, and Peru. The weekly joint service on the Asia/Mexico-South America West Coast route (CWL) will separate into two loops. This will greatly shorten the transport time between Asia and the West Coast of South America and help expand the service.

Loop 2 will also add a call at Ningbo, China, to meet active seaborne trade from that area.

DETAILS INCLUDE:

[Rotation]Loop 1(WL1) – Weekly fixed-day service with nine 2,500 TEU-class full containershipsKeelung (Taiwan) – Hong Kong – Chiwan (China) – Xiamen (China) – Shanghai (China) – Qingdao (China) – Pusan (S. Korea) – Manzanillo (Mexico) – Iquique (Chile) – Valparaiso (Chile) –Lirquén (Chile) – Yokohama – Keelung (Taiwan)

Loop2 (WL2) – Weekly fixed-day service with eight 1,700 TEU-class full containershipsYokohama – Ningbo (China) – Shanghai (China) – Pusan (S. Korea) – Manzanillo (Mexico) – Buenaventura (Colombia) – Callao (Peru) – Yokohama

(Both loops will be connected from/to additional Asian ports by feeder service.)

[Start of service]Loop 1: M/V HS Challenger, departing Keelung on March 22Loop 2: M/V Hansa Aalesund, departing
Ningbo on March 30

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