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EVERGREEN EXPANDS WESTBOUND SERVICE TO YANTIAN, CHINA

EVERGREEN EXPANDS WESTBOUND SERVICE TO YANTIAN, CHINA

   Evergreen Marine Corp., the Taiwan-based ocean carrier, has added a westbound call at the port of Yantian, China, to its WAE (U.S. West

Coast/Asia/Europe) pendulum service.

   “In 2002, Yantian handled almost 4.2 million TEUs, up 50 percent over its 2001 throughput. While we don’t expect this rate of expansion to be maintained — local forecasts suggest a growth rate nearer 20 percent — there is clearly going to be a lot more cargo that carriers will be required to lift,” said Arnold Wang, president of Evergreen.