The New World Alliance and Grand Alliance Suspend Joint Black Sea Service

Singapore, Tokyo, 3 February 2009 - The New World Alliance (TNWA) - APL, Hyundai Merchant Marine (HMM) and Mitsui OSK Lines (MOL) - and Grand Alliance (GA) - Hapag-Lloyd, MISC Berhad, Nippon Yusen Kaisha (NYK), and Orient Overseas Container Line (OOCL) - today announced the indefinite suspension of their joint Black Sea service, the EBX (East-Mediterranean/Black Sea Express).

The EBX has been operating since mid-June 2008 and deployed eight ships each with a capacity of 5,000 TEU.

The last westbound sailing of the EBX will depart Shanghai on 12 February 2009.

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

For more information on this announcement contact:
APL
Paul Barrett
Director, Corporate Communications
Telephone: (65) 6371 7959
paul_barrett@nol.com.sg

HMM
SS Lee
General Manager, Liner Business Development Dept
Telephone: (82) 2 3706 5478 / Fax: (82) 2 732 8482
hslss@www.hmma.com

MOL
Hiroki Tsujii
Manager, Strategic Planning & Asset Management Group,
Liner Division
Telephone: (81) 3 3587 7337 / Fax: (81) 3 3587 7796
hiroki.tsujii@mail.mol.co.jp