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Reconstruction of CKYH's Asia/Europe

September 21, 2006 - TOKYO , Japan -- CKYH Alliance to Reform CKYH's Asia/Europe.

The CKYH Alliance (COSCON, “ K ” Line, Yang Ming, and Hanjin Shipping) plans to reform i ts Asia/Europe service strings starting from November, 2006.

Currently CKYH operates 7 strings in Asia/Europe service. After review of calling ports in each existing services and reform many duplicated port-pairs, CKYH will operate 6 strings in Asia/Europe service in year 2007 .

Meantime CKYH Member lines are also discussing 2007 business plan of Asia/Mediterranean service which contents shall be announced later.

The members believe that the less number of calling ports in both Asian and European will enable CKYH Alliance to provide more stable and reliable service quality.

For further information, please contact:
Takafumi Kido
Manager, Planning Team
Containership Business Group
Kawasaki Kisen Kaisha, Ltd. Tokyo
TEL: 81-3-3595-5309 FAX: 81-3-3595-5288