Following the recent Grand Alliance press announcement on the 2005 product upgrade, the CEOs of Grand Alliance members Hapag-Lloyd, MISC, NYK and OOCL jointly expressed that they were united in their pledge to continue providing a high quality service to their customers.

Should there be any amendments to the composition of the Grand Alliance in 2006, the new vessels ordered by Hapag-Lloyd, MISC, NYK and OOCL will be deployed to meet the expected growth in demand, and services will be further enhanced to offer more options for customers.

The four Grand Alliance members of Hapag-Lloyd, MISC, NYK and OOCL, with their combined resources and expertise, are confident that they can provide the top level of service.