Evergreen Line To Adjust Intra-Asia Services To Meet Changing Market Demand

News Release Evergreen Marine Corp. (Taiwan) Ltd. (Head Office) October 31, 2011

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TAIPEI
(Oct.31, 2011)--In view of the development of intra-Asia waterborne trade,
Evergreen Line will realign its fleet deployment and launch new services,
effective November 2011. 
 
Two new service loops will
replace the existing Japan- Taiwan - South China Sea (JTS)
service. The new South China Sea - Hong Kong (SCH)
loop will serve the southern leg of JTS service while the northern leg will be
covered by the carrier's existing service network. One ship released from JTS's
reshuffle will be deployed in its new Taiwan - China - Indonesia (TCI) service,
which is jointly operated and dubbed as TPI service by Wan Hai Lines.

 
According to Evergreen
Line, the free trade agreement between China and ASEAN has significantly boosted
the bilateral trade. Among ASEAN members, Indonesia and Vietnam gained higher
trade growth with China than others. For the first nine months of this year, the
statistics of China Customs show that the trade amount between Indonesia and
China surged by 43.1% over the same period last year while Vietnam's increased
by 38.6%. The service redeployment will meet the changing market trend and to
tap into the growth potential. 
 
The fleets and rotations of
the new services are listed as follows:
SCH weekly service: 1
C-type vessel (1,038TEU) 
Rotation: Hong
Kong, Haiphong, Zhanjiang, Hong Kong
 
TCI weekly service: 1
P-type vessel (1,618TEU) by Evergreen with 2 other ships by Wan Hai
Rotation:
Taipei, Taichung, Kaohsiung, Hong Kong, Shekou, Jakarta, Semarang, Surabaya,
Taipei
 
As the ocean carrier has
always done since its founding, Evergreen Line will continue to monitor changing
trade patterns to ensure it continues to provide adequate tonnage to keep
customers competitive. </DIV></BODY></HTML>