Evergreen Suspends Tango Service

November 7, 2008

Based on the worldwide economic downturn and the need to focus resources in other trades, Evergreen Line has announced its withdrawal from the Tango service linking ports on the East Coasts of North and South America.

Evergreen Line is suspending service by terminating its space charter agreement and in compliance with its 90-day pre-notice. The final sailings for Evergreen Line customers will be:
•    M/V CAP San Nicolas 064S ETD New York 25 JAN 2009
•    M/V CAP San Augustin 064N ETD Buenos Aires 26 JAN 2009

Evergreen will continue service to Venezuela via the Colon Container Terminal in Panama and to South America's West Coast trade.

(www.evergreen-line.com)

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