FESCO LAUNCHES TRANSPACIFIC EXPRESS SERVICE

FESCO LAUNCHES TRANSPACIFIC EXPRESS SERVICE

   Far Eastern Steamship Co. is launching a transpacific express service,
FESCO Pacific Line, that will sail directly from Hong Kong to Long Beach
and from Seattle to Hong Kong, initially on a 12-day frequency.
   The service, which will use three vessels of about 1,700 TEUs, is
expected to start May 8 in Hong Kong. Transit times will be 14 days each
way.
   FESCO is also purchasing 800 new high-cube refrigerated containers to
use on the company’s Pacific trades.