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January 31, 2003
Kawasaki Kisen Kaisha, Ltd.

Commencement of Japan/Vietnam direct service

Kawasaki Kisen Kaisha, Ltd. ("K" LINE) announces to commence Japan/Vietnam direct service together with Gematrans (GMT) by rationalizing existing current Japan/Straits service and Asia/Vietnam service.

"K" LINE will provide high quality service to Vietnam, which has great possibility of increasing business chance by this direct service. We assure to offer stable services from Japan to Taiwan/Hong Kong and Straits to Japan.

(Japan/Vietnam/Straits service)

1) Calling Ports and Rotation
Kobe(Wed/Wed) - Nagoya(Thu/Thu) - Tokyo(Fri/Fri) - Yokohama(Fri/Sat) - Kaohsiung (Tue/Tue) - Hong Kong(Wed/Thu) - Ho Chi Minh City(Sat/Sun) - Singapore(Tue/Tue) - Kaoshiung(Sun/Sun) - Kobe(Wed)
(Current schedule)
Kobe(Wed/Wed) - Tokyo(Thu/Fri) - Yokohama(Fri/Fri) - Keelung(Mon/Tue) - Singapore (Sat/Sun) - Port Kelang (Mon/Mon) - Hong Kong(Sat/Sun) - Kobe(Wed)

2) Transit Time to Ho Chi Minh City:
From Kobe 10days/ Nagoya 9 days/ Tokyo 8days/ Yokohama 7days

3) First Vessel:
South Bound: Siam Bridge voy 112 (ETD Kobe Feb.13)
North Bound: Erawan Bridge voy 89 (ETD Singapore Feb.22)

4)Vessel Details:
970TEU Full containership x 3 vessels

(Asia/Vietnam service)

1)Calling Ports and Rotation
Ho Chi Minh City(Wed/Thu) - Kaoshiung(Mon/Tue) - Taichung(Tue/Wed) - Keelung (Wed/Wed) - Hong Kong(Fri/Fri) - Haiphong(Sat/Sun) - Hong Kong(Mon/Tue) - Haiphong(Wed/Thu) - Kaoshiung(Sat/Sun) - Ho Chi Minh City(Wed)
(Current schedule)
Haiphong(Tue/Wed) - Hong Kong(Fri/Fri) - Kaoshiung(Sat/Sun) - Manila(Tue/Tue) - Ho Chi Minh City (Fri/Sat) - Haiphong(Tue)

2) Vessel Details:
420TEU Full containership x 3 vessels


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