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May 24, 2007
Kawasaki Kisen Kaisha, Ltd.

Delivery of 'Corona' Series Coal Carrier "CORONA MAJESTY"

Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called "K" Line) is proud to announce the delivery of "Corona Majesty," a new 88,000 DWT-type coal carrier at Imabari Shipbuilding Co., Ltd., Japan on 24 May 2007.
The name "Corona Majesty" derives from "Corona" which is the symbol of "K" Line's specialized fleet for transport of thermal coal known as the Corona-series, and from "Majesty" which signifies the dignity and highly-reputable status established by the "Corona-series" in the field of thermal coal transportation.

[Vessel's Specifications]

Loa 229.93M
Beam 38.00M
Depth 19.90M
Deadweight Tons 88,159MT
Hold/Hatch 5/5

The Post - Panamax "Corona-series", which "K" Line originated and continues to develop, consists of epoch-making coal carriers equipped with wide beam and shallow draft, making it the most suitable to transport thermal coal. With this new latest deployment, the Corona-series now consists of 11carriers, and with 4 more newbuildings currently on order in response to the demand for this type of thermal coal-carrying vessel, our fleet will be comprised of 15 carriers in this series by 2009.
"K" Line takes pride that its Corona-series has been so favorably evaluated for always ensuring customers steady and reliable thermal coal transport service with maximum safety.


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