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May 28, 2003
Kawasaki Kisen Kaisha, Ltd.

Contract Signed for 3 New 5,000-Unit Car Carriers

It is a pleasure to announce that Kawasaki Kisen Kaisha, Ltd. ("K" LINE) has concluded a contract for the building of three 5,000-unit car carriers.
The shipbuilding company is Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS), a joint venture of Kawasaki Shipbuilding Corporation and China Ocean Shipping (Group) Company (COSCO). Their deliveries are scheduled for August and December 2005 and February 2006. They are designed and quality-guaranteed by Kawasaki Shipbuilding Corporation and the first ships constructed in China for "K" LINE.

Their particulars are as follows:

LOA (length overall) 179.99 meters
Width 32.20 meters
Capacity about 5,000 units (on the basis of standard cars)
Service speed 20 knots
Others 3 hoistable car decks, Shore Ramp Capacity 100 tons with high-height space 100%

In regard to their design, deep and technical considerations are being given to preservation of the environment.

  1. Adoption of an electronic-controlled engine (Kawasaki-Man-B&W ME-Type engine) promotes reduction of fuel oil consumption and exhaust of NOx and Smoke with soot in very wide power range.
  2. All fuel oil tanks will be positioned inside double hull protected by double bottom ballast tanks in an inventive effort to prevent fuel oil spill into the sea in case of collision or grounding.
  3. Adoption of highest hydrodynamic technology on hull form, especially improving bulbous bow and stern design, is expected to contribute to enhancement of efficiency in propulsion capability and reduction of fuel oil consumption.

As the industry is aware, "K" LINE is providing its customers with a global networking service, operating some 60 car carriers. Concerted and continual efforts are being carried out for upgrading quality of its fleet to cope with future increasing market demand for space. The 3 newbuildings are aimed to replace older vessels currently in service.

In reference to this year's fleet strengthening, it is being reported that two 6,000-unit car carriers are to be completed at Imabari Shipbuilding Co., Ltd. in October and December 2003. In the meantime, it has been decided to charter in two 6,000-unit car carriers which are going to be completed at Stocznia Gdynia S.A. in Poland in December 2003 and March 2004.


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