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Press Release

18 January 2010

Da Chan Bay Terminal One Welcomes Hapag-Lloyd Pacific Atlantic Express Service

Pearl River Delta map

Shenzhen, China–18 January, 2010 –Da Chan Bay Terminal One (DCB), the newest and first-class container terminal facility in West Shenzhen, is ready to welcome a new string of Hapag-Lloyd service, Pacific Atlantic Express (PAX, East bound/West bound), in mid January.

PAX is the first string of service deployed by Hapag-Lloyd at Da Chan Bay Terminal One, marking a good start of the partnership between Hapag-Lloyd and DCB.

Mr. Thomas Mandelkau, Managing Director of Hapag-Lloyd (China) Ltd. commented: “With our commitment to continuously improving our services for our customers in South China, Hapag-Lloyd adds an additional call in South China beginning on 22 January, 2010 at Da Chan Bay Terminal One.

As the last port of call in South China, DCB will offer our customers an improved transit time to North America and to the Caribbean.

Due to DCB’s convenient location in South China, our PAX customers can deliver their containers from West Pearl River Delta (PRD) to the terminal by a well developed barge network. ”

Mr. Andrew Milliken, Chief Executive of Da Chan Bay Terminal One, said: “We are delighted to see more liner services coming to the terminal and the continued expansion of business in South China. We are glad the market recognizes the value propositions of DCB. Delivery by barge from West PRD to DCB will result in lower carbon emission and lower logistics cost.

Similarly, our proximity to manufacturing areas in PRD and the presence of excellent network of highways provides efficient trucking solutions for exporters and importers using DCB.

Besides, DCB’s deployment of energy efficient equipment has made it an environmentally friendly solution for cargo flow in and out of South China.

The Customer Experience we provide to Hapag-Lloyd and its customers will reinforce their confidence in DCB and the prospects of positive market developments in South China.”

Hapag-Lloyd ‘s PAX service provides weekly calls at Da Chan Bay Terminal One on every Saturday, deploying 13 container vessels with an average capacity of around 4,600 TEUs. The service follows a port rotation of

East bound : Kaohsiung - Yantian - Hong Kong - Da Chan Bay - Kobe - Nagoya - Tokyo - Seattle - Oakland - Manzanillo (Panama) - Savannah - Norfolk - New York – Halifax;

West bound : Halifax - New York - Norfolk - Savannah - Manzanillo (Panama) - Los Angeles - Oakland - Yokohama - Kobe - Kaohsiung - Yantian - Hong Kong - Da Chan Bay.

-The end-

About Da Chan Bay Terminal One

Da Chan Bay Terminal One (DCB) is situated in the Western Shenzhen Port area of South China. It is a new international container terminal serving the Pan-Pearl River Delta cargo catchment areas. DCB covers an area of 112 hectares with five berths along its quayside of 1,830 metres and 600 metres wide.

Construction of the first two berths was completed in late 2007 and commercial operations started since mid-2008. Construction for the third berth and the last two berths were completed in late 2008 and early 2009 respectively. Its quay depth, currently at 15.5 metres, will eventually be dredged to 18 metres, allowing DCB to accommodate the world’s largest existing and planned container vessels.

Occupying a strategic location that encompasses well-developed land and waterway access to both the eastern and western sides of the Pearl River Delta (PRD), Da Chan Bay Terminal One provides shipping line customers a distinct opportunity to capture new cargo catchment areas as factories migrate inland and to the west of the PRD.

Managed by Modern Terminals Limited, which has around 40 years of solid container terminal operations experience in Hong Kong, one of the world’s busiest seaports, Da Chan Bay Terminal One is equipped with the most advanced IT systems, facilities and equipment available. By adopting Modern Terminals’ expertise and a culture that values mutual trust and respect, accountability, customer-focus and teamwork, DCB is committed to providing its customers with a wide-range of services and operational excellence.

For enquiries, please contact:

Alex Guo

Senior Corporate Affairs Officer

Tel: (86) 755 2902 2185

Fax: (86) 755 2902 2170

Email: alex.guo@DaChanBayOne.com

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Add: Da Chan Bay Terminal One, Xi Xiang, Bao An District, Shenzhen, PRC, Zip Code 518102
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