In order to enlarge businesses scale for the developing Middle East, Pakistan and Subcontinent market, meantime to enhance service fleet competitiveness, Yang Ming will launch a new service names CPX(China’VPakistan Express) with OOCL(Orient Overseas Container Line) on January 17th, 2008. Yang Ming and OOCL will deploy three and two vessels for CPX Service, 35 sailing days a round-trip. New service rotation is Shanghai /Ningbo /Shekou /Singapore /Karachi /Mundra /Penang /Port Kelang/ Singapore/Hong Kong/Shanghai. The maiden voyage will be started in Shanghai on January 17th by YM INAUGURATION(1,200 TEU effective). CPX provides No.1 quick service in the market that 15 day of transit time from Shanghai to Karachi Yang Ming has had various cooperative experiences with OOCL including existent joint service of Vietnam trade. There will have a stronger relationship both parties by CPX joint venture this time.

At the same time of new service launched, Yang Ming will have CGX rotation adjusted to enhance the service quality and expand the deployment in the area of Persian Gulf. Moreover, this adaptation will more highlight the value of the existing DUX (Dubai/ Umm Qasr, Iraq) Feeder Service. CPX and CGX two main trend Services provide a very complete, rapid and punctual network in Middle East, Pakistan and Subcontinent area. We believe that our endeavors on service upgrade will gain the trust and shipment from the customers.