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CONTSHIP, WILHELMSEN TO COOPERATE

CONTSHIP, WILHELMSEN TO COOPERATE

   Wilhelmsen Lines and Contship Containerlines will charter space on each
other’s ships between the U.S. and Australia and New Zealand.
   Contship will get space on three roll-on/roll-off services that
Wilhelmsen operates in the U.S. East Coast/Australia/New Zealand trade.
   Wilhelmsen will charter container slots on the U.S. East
Coast/Australia/New Zealand leg of Contship’s round-the-world Ocean Star
Service, which Contship operates jointly with CGM and Marfret.