Evergreen Marine : OCEAN Alliance Sets Out Network Nov-3-2016

Members of the OCEAN Alliance, COSCO Container Lines, CMA CGM, Evergreen Line and Orient Overseas Container Line, today signed a document entitled the Day One Product, which sets out the proposed OCEAN Alliance's network, including port rotation for each service loop.

The Day One network intends to deploy around 350 container vessels with an estimated total carrying capacity of 3.5 million TEUs to provide one of the most comprehensive service coverage in the market on the following trade lanes. The vessel deployment details for each service loop, will be released around end of this November.

• 20 Transpacific services (estimated 160 port pairs, with 13 Asia - West Coast North America services, 7 Asia - East Coast North America and U.S. Gulf services)
• 6 Asia - Europe services (estimated 110 port pairs)
• 5 Asia - Mediterranean services (estimated 165 port pairs)
• 3 Transatlantic services (estimated 70 port pairs)
• 5 Asia - Middle East services (estimated 70 port pairs)
• 2 Asia - Red Sea services (estimated 35 port pairs)

The top priority of the OCEAN Alliance is service quality and schedule reliability. Customers will benefit from a competitive selection of sailing schedules and direct port pairs, fast transit times, and a highly efficient fleet of vessels to cater to the needs of today's demanding and increasingly green global supply chains.

'The signing of the Day One Product marks an important step forward to show just how committed we are in developing the most competitive products to market and the high level of synergy and confidence we share in the partnership,' member carriers said in a statement.

At this time, the members of the OCEAN Alliance are pleased to inform that they have filed the Master Agreement (Alliance Agreement) to Ministry of Transport of the People's Republic of China and that the U.S. Federal Maritime Commission (FMC) and South Korea's Ministry of Oceans and Fisheries (MOF) have expressed approval of the OCEAN Alliance. The OCEAN Alliance has also completed its EU self-assessment compliance review. The OCEAN Alliance is satisfied that its agreement and services are compliant with EU regulatory requirements, following satisfactory completion of a self-assessment of its activities under EU competition rules and discussions with the EU Commission.

Moving forward, the OCEAN Alliance will continue to work closely with all the authorities to ensure full compliance with applicable laws and regulations and secure the necessary regulatory approvals for the OCEAN Alliance to commence operations from April 1st 2017.

Photo Caption: Representatives of OCEAN Alliance posed for a photo at signing event.

EMC Chairman Anchor Chang (3rd left)

EMC President Lawrence Lee (1st right)

COSCO Container Lines Managing Director Wang Haimin (1st left)

OOCL CEO Andy Tung (2nd left)

CMA CGM Vice-Chairman Exceutive Officer Rodolphe Saade (3rd right)

DAY ONE Product:

20 Transpacific services (with 13 Asia - West Coast North America services):

9 Pacific Southwest services:

PSW1: Fuqing-Nansha-Hong Kong-Yantian-Xiamen-LGB/LAX-Oakland-Fuqing

PSW2: Tianjin-Qingdao-Shanghai-Prince Rupert-LGB/LAX-Oakland-Tianjin

PSW3: (AWE3)-Port Kelang-Singapore-Jakarta-Laem Chabang-Cai Mep-LGB/LAX-Oakland-Hong Kong-(AWE3)

PSW4: Lianyungang-Shanghai-Ningbo-LGB/LAX-Seattle- Lianyungang

PSW5: Qingdao-Shanghai-Ningbo-LGB/LAX-Oakland-Tokyo-Nagoya-Qingdao

PSW6: Kaohsiung-Cai Mep-Chiwan-Hong Kong-Yantian-Kaohsiung-LGB/LAX- Kaohsiung

PSW7: Taipei-Xiamen-Shekou-Yantian-LGB/LAX-Oakland-Taipei

PSW8: Yantian-Hong Kong-Kaohsiung-Taipei-LGB/LAX-Oakland-Tacoma- Kaohsiung -Yantian

PSW9: Ningbo-Shanghai-Pusan-LGB/LAX-Pusan-Ningbo

4 Pacific Northwest services:

PNW1: Yantian-Xiamen-Ningbo-Shanghai-Pusan-Seattle-Vancouver-Yokohama-Yantian

PNW2: (AWE1)-Singapore-Cai Mep-Hong Kong-Yantian-Shanghai-Ningbo-Prince Rupert-Vancouver-Qingdao-(AWE1)

PNW3: Hong Kong-Yantian-Kaohsiung-Shanghai-Ningbo-Tacoma-Vancouver-Tokyo-Osaka-Qingdao-Hong Kong

PNW4: Chiwan-Hong Kong -Yantian-Kaohsiung-Vancouver-Seattle-Pusan-Kaohsiung-Chiwan

7 Asia - East Coast North America and U.S. Gulf services:

AWE1: (PNW2)-Qingdao-Ningbo-Shanghai-Pusan-New York-Boston-Norfolk-Singapore-(PNW2)

AWE2: Xiamen-Kaohsiung-Hong Kong-Yantian-Colon-New York-Baltimore-Norfolk-Xiamen

AWE3: (PSW3)-Hong Kong-Cai Mep-Singapore-Port Kelang-Colombo-Halifax-New York-Norfolk-Savannah-Port Kelang -(PSW3)

AWE4: Qingdao-Ningbo-Shanghai-Pusan-Colon-Savannah-Charleston-New York-Colon-Qingdao

AWE5: Hong Kong-Yantian-Ningbo-Shanghai-Colon-Norfolk-Savannah-Charleston-Hong Kong

AWE6: Hong Kong-Chiwan-Ningbo-Shanghai-Pusan-Houston-Mobile-Miami-Jacksonville-Singapore-Hong Kong

AWE7: Shanghai-Ningbo-Xiamen-Yantian-Houston-Mobile-Shanghai

6 Asia - Europe services:

NEU1: Shanghai-Ningbo-Xiamen-Yantian-SEA HUB-SUEZ Canal-Felixstowe-Rotterdam-Baltic Port(s)(To be confirmed) -Felixstowe-SUEZ Canal-SEA HUB-Yantian-Shanghai

NEU2: Tianjin-Dalian-Qingdao-Shanghai-Ningbo-SEA HUB-SUEZ Canal-Rotterdam-Hamburg-Antwerp-SUEZ Canal-Shanghai-Tianjin

NEU3: Ningbo-Shanghai-Hong Kong-Nansha-Shekou-SEA HUB-SUEZ Canal-Piraeus-Antwerp-Felixstowe-Hamburg-Rotterdam-Southampton*-Piraeus-SUEZ Canal-SEA HUB-Hong Kong-Ningbo

NEU4: Tianjin-Pusan-Qingdao-Shanghai-Ningbo-Yantian-SEA HUB-SUEZ Canal-Tangier-Southampton-Dunkirk-Hamburg-Rotterdam-Zeebrugge-Le Havre-SUEZ Canal-Khor Fakkan-SEA HUB-Xiamen-Tianjin

NEU5: Shanghai-Ningbo-Yantian-Cai Mep-SEA HUB-SUEZ Canal-Le Havre-Rotterdam-Hamburg-Antwerp-Le Havre-Malta-SUEZ Canal-Jeddah-Nansha-Shanghai

NEU6: Kaohsiung-Ningbo-Shanghai-Taipei-Yantian-Colombo-SUEZ Canal-Rotterdam-Felixstowe-Hamburg-Rotterdam-SUEZ Canal-Colombo-Kaohsiung

5 Asia - Mediterranean services:

MED1: Qingdao-Shanghai-Ningbo-Kaohsiung-Hong Kong-Yantian-SEA HUB-SUEZ Canal-Piraeus-La Spezia-Genoa-Fos-Valencia-Piraeus -SUEZ Canal-Jeddah-Colombo-SEA HUB-Hong Kong-Qingdao

MED2: Qingdao-Pusan-Shanghai-Ningbo-Xiamen-Nansha-Yantian-SEA HUB-SUEZ Canal-Malta-Valencia-Barcelona-Fos-Genoa-Malta -Beirut-SUEZ Canal-Jebel Ali-SEA HUB-Xiamen-Qingdao

MED3: Pusan-Shanghai-Ningbo-Kaohsiung-Chiwan-SEA HUB-SUEZ Canal-Port Said -Beirut-Iskenderun-Istanbul Evyap (Izmit)-Istanbul Ambarli (Avcilar)-Constanza-Odessa-Istanbul Ambarli (Avcilar) -Piraeus -SUEZ Canal-SEA HUB-Pusan

MED4: Qingdao-Shanghai-Ningbo-Taipei-Yantian-Shekou-SEA HUB-SUEZ Canal-Ashdod-Haifa-Alexandria-Piraeus-SUEZ Canal-Jeddah-SEA HUB-Shekou-Kaohsiung-Qingdao

MED5: Shanghai-Ningbo-Pusan-Chiwan-SEA HUB-SUEZ Canal-Malta-Rijeka-Koper-Trieste-Venice-Koper-Malta-Damietta-SUEZ Canal-Jeddah-SEA HUB-Chiwan-Shanghai

3 Transatlantic services:

TAT1: Malta-Livorno-Genoa-Fos-Barcelona-Valencia-Lisbon-New York-Norfolk-Savannah-Miami-Algeciras-Valencia*-Malta

TAT2: Southampton-Antwerp-Rotterdam-Bremerhaven-Le Havre-New York-Norfolk-Savannah-Charleston-Southampton

TAT3: Le Havre-Antwerp-Rotterdam-Bremerhaven-Charleston-Savannah-Miami-Veracruz-Altamira-Houston-New Orleans-Miami-Le Havre

5 Asia - Middle East services:

MEA1: Tianjin-Dalian-Pusan-Shanghai -Ningbo-Chiwan-Singapore-Khor Al Fakkan-Jebel Ali-Bandar Abbas-Sohar -Port Kelang -Singapore -Shekou-Tianjin

MEA2: Qingdao-Shanghai-Ningbo-Chiwan-Singapore-Jebel Ali-Dammam-Jubail-Abu Dhabi-Singapore-Qingdao

MEA3: Lianyungang-Qingdao-Ningbo-Hong Kong -Shekou-Singapore-Jebel Ali-Bahrain-Dammam-Jubail-Port Kelang- Lianyungang

MEA4: Shanghai-Ningbo-Taipei-Shekou-Tanjung Pelepas-Colombo-Jebel Ali-Bandar Abbas-Port Kelang -Laem Chabang*-Hong Kong-Shanghai

MEA5: Shanghai-Ningbo-Nansha-Singapore-Jebel Ali-Abu Dhabi-Dammam-Singapore-Nansha-Shanghai

2 Asia - Red Sea services:

RES1: Shanghai-Ningbo-Taipei-Xiamen-Shekou-SEA HUB-Jeddah-Sokhna-Aqaba-Jeddah-SEA HUB-Shanghai

RES2: Shanghai-Ningbo-Chiwan-SEA HUB-Djibouti-Jeddah-Aqaba-Port Sudan-Djibouti-SEA HUB-Shanghai

Above service rotations are subject to review and market conditions.

*(To be confirmed)