SIPG top executives met with the counterparts of Matson Navigation Company.

SIPG Chairman Mr. Lu Haihu and President Mr. Chen Xuyuan met with Mr. Allen Doane, Chairman of Matson Navigation Company on June 7th, 2007. Mr. Lu expressed that SIPG was always ready to provide shipping companies with high quality and customer-tailored service which may help shipping companies to attract more clients and goods, thus enabling a beneficial win-win situation for both shipping companies and SIPG.

Mr. Chen briefed Mr. Doane on the fast growth of SIPG in recent years and its development blueprint and future perspective of prosperity. Mr. Chen showed good wish of further cooperation and communication between Matson and SIPG. Mr. Doane also delivered his sincere gratitude to the constant support and care from SIPG to Matson Navigation Company.