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G6 Alliance expands cooperation to Trans-Pacific trade

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MOLTokyo, 5 February,   2013 – A year after the G6 Alliance was  formed, creating one of the largest vessel networks in the Asia-to-Europe trade  lane, the six member lines have agreed to expand their cooperation to the  Asia-to-North America East Coast  trade.

The G6 Alliance will deploy more  than 50 ships in the Trans-Pacific trade calling at almost 30 ports in Asia,   North America East Coast, Canada, Central America, Caribbean, Indian  Sub-continent, Mediterranean and the Middle  East.

“Our cooperation in the Asia-to-Europe market has successfully provided customers  with comprehensive service coverage as well as operating efficiencies, “ member  carriers said in a statement. “This new agreement will bring the same winning  formula to the Asia-to-North America East Coast trade and benefit shippers  trading in this key trade lane.“

The new partnership is scheduled to  begin in May 2013 with six coordinated services connecting Asian and North  America East Coast ports. Three of the services will transit via the Suez Canal  while the remaining three via the Panama Canal.

Member carriers said the new cooperation will be characterized by competitive transit times, broad port coverage and efficient containerships. The six coordinated services will offer an increased sailing frequency than what is currently offered by both The New World Alliance and the Grand Alliance combined.

The six loops are the result of the  merger and revision of several existing services separately offered by the two  alliances. It also includes an entirely new service to form a comprehensive and  competitive Trans-Pacific network.

The G6 Alliance members are: Mitsui  O.S.K. Lines, APL, Hapag-Lloyd, Hyundai Merchant Marine, Nippon Yusen Kaisha and  Orient Overseas Container Line.

For further  information, please contact: Jotaro  Tamura, Senior Vice  President, Liner Network Planning, Yield  Management, and Equipment Management, , MOL Liner, Ltd – Tel: +  852-2823-8103 – Email: Jotaro.Tamura@mol-liner.com

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