HORIZON LINES APPOINTS OWNER'S REPRESENTATIVE AND SHIPPING AGENT IN CHINA
News Release
Horizon Lines, Inc. (Corporate Headquarters)
August 6, 2010
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color=#000000 size=6 face="Georgia,Times New Roman,Times,serif"><FONT
style="FONT-STYLE: italic; FONT-SIZE: 10pt"><SPAN
style="FONT-FAMILY: Arial,Helvetica,sans-serif">Five Star Express Service
Will Offer Rapid Transit Between Central China and the U.S. West
Coast</SPAN><SPAN
style="FONT-FAMILY: Arial,Helvetica,sans-serif"><BR>Initial Voyage in
December Already 25%
Committed</SPAN></FONT><B><BR></B></FONT></DIV></FONT></TD></TR></TBODY></TABLE>
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color=#000000 size=2 face=Arial,Helvetica,sans-serif><SPAN
style="FONT-WEIGHT: bold">CHARLOTTE, N.C. </SPAN>(Aug. 5, 2010) - Horizon
Lines, Inc. (NYSE: HRZ), the nation's leading domestic ocean shipping and
integrated logistics company, today announced it has secured two important
agreements in the ongoing development of its new Asia liner service.
<BR> <BR>Horizon Lines has appointed Mr. Hon Wing Lam as its Owner's
Representative and Ben Line Agencies as its General Agent to support the
company's ongoing sales and operations in Shanghai and
Ningbo.<BR> <BR>As Horizon Lines Owner's Representative, Mr. Lam
brings more than 30 years of ocean transportation experience and spent the
past 13 years working in China. Prior to joining Horizon Lines, Mr. Lam
worked for several leading ocean carriers where, among other things, he
managed shipping and logistics in the China trade. <BR> <BR>Ben Line
Agencies is Asia's leading privately-owned shipping services company. With
over 150 years of experience in the shipping industry, the company has
established a network of more than 90 owned offices employing 1,500 people
across 15 Asian countries. As the General Agent for Horizon Lines, Ben
Line will support all sales efforts and operations in
China.<BR> <BR>Beginning on December 13, 2010, Horizon Lines will
launch a weekly liner service, called the Five Star Express service, with
port calls at Shanghai and Ningbo in Central China and Los Angeles and
Oakland in California. Using its five 2,824 TEU capacity Hunter Class
vessels, Horizon Lines will offer some of the fastest transit times in the
transpacific trade, including 11-day port-to-port transit from Shanghai to
Los Angeles with Monday morning cargo availability every week at the
nation's busiest import gateway.<BR> <BR>"The development of our Five
Star Express service continues to be on schedule and we are very pleased
with partnerships we have formed in China to support this operation," said
Brian Taylor, Senior Vice President, International Services. "Our
customers have been very receptive to our transpacific offering. As a
result, our weekly vessel capacity is already 25 percent
committed."<BR> <BR><SPAN
style="FONT-STYLE: italic; FONT-WEIGHT: bold">Horizon Lines' Asia Service
Background </SPAN><BR><BR>Five of Horizon Lines' vessels currently call
ports in China under its space-charter agreement with Maersk Line. Once
that agreement expires on December 10, 2010, Horizon Lines will begin
transporting general cargo on behalf of direct commercial customers. Sales
and marketing efforts for the service have been formally underway since
March.<BR><BR>In addition to offering customers a transpacific import
alternative, the new Five Star Express service will allow Horizon Lines to
serve an expanding military presence in Guam, where trade is expected to
grow significantly in coming years. The Five Star Express service will
connect with Horizon Lines' warehousing and distribution capabilities on
the U.S. West Coast to create an integrated import/export solution.
<BR><BR>"We continue to believe that we are entering the market at an
opportune time," Mr. Taylor said. "U.S. importers are diversifying their
ocean shipping contracts to adjust to ongoing capacity issues in the
transpacific. We have engaged with our customers to capitalize on these
opportunities and are finding success as a niche player recognized for
schedule integrity and customer
service."<BR></FONT></TD></TR></TBODY></TABLE></DIV></BODY></HTML>
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<TD
style="FONT-FAMILY: Georgia,Times New Roman,Times,serif; COLOR: #000000; FONT-SIZE: 14pt"
align=middle><FONT
style="FONT-FAMILY: Georgia,Times New Roman,Times,serif; COLOR: #000000; FONT-SIZE: 14pt"
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<DIV
style="FONT-FAMILY: Georgia,Times New Roman,Times,serif; COLOR: #000000; FONT-SIZE: 24pt"><FONT
style="FONT-FAMILY: Georgia,Times New Roman,Times,serif; COLOR: #000000; FONT-SIZE: 24pt"
color=#000000 size=6 face="Georgia,Times New Roman,Times,serif"><FONT
style="FONT-STYLE: italic; FONT-SIZE: 10pt"><SPAN
style="FONT-FAMILY: Arial,Helvetica,sans-serif">Five Star Express Service
Will Offer Rapid Transit Between Central China and the U.S. West
Coast</SPAN><SPAN
style="FONT-FAMILY: Arial,Helvetica,sans-serif"><BR>Initial Voyage in
December Already 25%
Committed</SPAN></FONT><B><BR></B></FONT></DIV></FONT></TD></TR></TBODY></TABLE>
<TABLE style="MARGIN-BOTTOM: 6px" id=content_LETTER.BLOCK4 border=0
cellSpacing=0 cellPadding=5 width="100%">
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<TD
style="FONT-FAMILY: Arial,Helvetica,sans-serif; COLOR: #000000; FONT-SIZE: 10pt"
vAlign=top align=left><FONT
style="FONT-FAMILY: Arial,Helvetica,sans-serif; COLOR: #000000; FONT-SIZE: 10pt"
color=#000000 size=2 face=Arial,Helvetica,sans-serif><SPAN
style="FONT-WEIGHT: bold">CHARLOTTE, N.C. </SPAN>(Aug. 5, 2010) - Horizon
Lines, Inc. (NYSE: HRZ), the nation's leading domestic ocean shipping and
integrated logistics company, today announced it has secured two important
agreements in the ongoing development of its new Asia liner service.
<BR> <BR>Horizon Lines has appointed Mr. Hon Wing Lam as its Owner's
Representative and Ben Line Agencies as its General Agent to support the
company's ongoing sales and operations in Shanghai and
Ningbo.<BR> <BR>As Horizon Lines Owner's Representative, Mr. Lam
brings more than 30 years of ocean transportation experience and spent the
past 13 years working in China. Prior to joining Horizon Lines, Mr. Lam
worked for several leading ocean carriers where, among other things, he
managed shipping and logistics in the China trade. <BR> <BR>Ben Line
Agencies is Asia's leading privately-owned shipping services company. With
over 150 years of experience in the shipping industry, the company has
established a network of more than 90 owned offices employing 1,500 people
across 15 Asian countries. As the General Agent for Horizon Lines, Ben
Line will support all sales efforts and operations in
China.<BR> <BR>Beginning on December 13, 2010, Horizon Lines will
launch a weekly liner service, called the Five Star Express service, with
port calls at Shanghai and Ningbo in Central China and Los Angeles and
Oakland in California. Using its five 2,824 TEU capacity Hunter Class
vessels, Horizon Lines will offer some of the fastest transit times in the
transpacific trade, including 11-day port-to-port transit from Shanghai to
Los Angeles with Monday morning cargo availability every week at the
nation's busiest import gateway.<BR> <BR>"The development of our Five
Star Express service continues to be on schedule and we are very pleased
with partnerships we have formed in China to support this operation," said
Brian Taylor, Senior Vice President, International Services. "Our
customers have been very receptive to our transpacific offering. As a
result, our weekly vessel capacity is already 25 percent
committed."<BR> <BR><SPAN
style="FONT-STYLE: italic; FONT-WEIGHT: bold">Horizon Lines' Asia Service
Background </SPAN><BR><BR>Five of Horizon Lines' vessels currently call
ports in China under its space-charter agreement with Maersk Line. Once
that agreement expires on December 10, 2010, Horizon Lines will begin
transporting general cargo on behalf of direct commercial customers. Sales
and marketing efforts for the service have been formally underway since
March.<BR><BR>In addition to offering customers a transpacific import
alternative, the new Five Star Express service will allow Horizon Lines to
serve an expanding military presence in Guam, where trade is expected to
grow significantly in coming years. The Five Star Express service will
connect with Horizon Lines' warehousing and distribution capabilities on
the U.S. West Coast to create an integrated import/export solution.
<BR><BR>"We continue to believe that we are entering the market at an
opportune time," Mr. Taylor said. "U.S. importers are diversifying their
ocean shipping contracts to adjust to ongoing capacity issues in the
transpacific. We have engaged with our customers to capitalize on these
opportunities and are finding success as a niche player recognized for
schedule integrity and customer
service."<BR></FONT></TD></TR></TBODY></TABLE></DIV></BODY></HTML>