GRAND ALLIANCE AND THE NEW WORLD ALLIANCE ANNOUNCE
Communiqué de NYK _____________________ GRAND ALLIANCE AND THE NEW WORLD ALLIANCE ANNOUNCE CO-OPERATION ON KEY TRADES Hamburg / Hong Kong / Kuala Lumpur / Seoul / Singapore / Tokyo - 6 October 2005: The member lines of the Grand Alliance (GA) and The New World Alliance (TNWA) today announced their agreement to co-operate on key trades from early 2006. This co-operation will significantly broaden the respective Alliances' capabilities, network coverage and schedule frequency, with improved service efficiency and wider choice for customers of the respective Alliances. The member lines of the Grand Alliance [Hapag-Lloyd Container Line (HLCL), MISC Berhad (MISC), Nippon Yusen Kaisha (NYK), and Orient Overseas Container Line (OOCL)], and The New World Alliance [APL, Hyundai Merchant Marine and Mitsui O.S.K Lines Ltd.], will initially exchange slots in the Asia-Europe and Asia-Mediterranean trades, and introduce a new jointly-operated loop on the Asia-East Coast of North America, via Pan...