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November 30, 2005
Kawasaki Kisen Kaisha, Ltd.

"K" LINE Given Philippine International Maritime Employers Awards

Kawasaki Kisen Kaisha, Ltd. ("K" LINE) and its subsidiary company Taiyo Nippon Kisen Co., Ltd. (TNKC) received International Maritime Employers Awards from the President of the Republic of Philippine and the Ministry of the Secretary of Labor and Employment for their contribution to international employment of Philippine seafarers, improving welfare of the seamen and their families. The Companies take great pride in having been honored to receive the same awards for the 2nd time, having also received the same recognition in 2002.

The awarding ceremony took place at the Malacanang Palace of the Republic of the Philippines on November 21, 2005. President Gloria Macapagal-Arroyo presented distinguished trophies to our directors on behalf of Mr. Maekawa, President of "K" LINE, and Mr. Hayashi, President of TNKC, respectively.

"K" LINE founded its own Philippine seafarer manning company in April 1989. The Company has since contributed to development of the Republic of the Philippines through employing seafarers after their graduation from the company. Dating back to January 1993, "K" LINE Group also established its own training center named "K" Line Maritime Training Corporation in Manila, which has trained a total of 4,000 Philippine seafarers in 2004.

In the meantime, TNKC has employed 3,000 Philippine crewmembers in total during the time period 2002 through 2004, demonstrating how seriously the "K" LINE Group is in making strenuous and diligent endeavors for securing and training the highest possible level of Philippine seafarers.

In fact, the Philippine seafarers have been positioned as a major part of manning sources for those ships "K" LINE Group manages/operates.
According to "K" LINE's intermediate management plan, "K" LINE Vision 2008, we are committed to the strengthening and expansion of our seafarer educational/training system so that we will be able to ensure the present Safety Management System even more constructively in the years ahead.


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