| February 19, 2001 |
| SLOT EXCHANGE BETWEEN HANJIN AND “K”LINE IN ASIA/EUROPE SERVICE |
| Kawasaki Kisen Kaisha, Ltd. (“K”LINE), Tokyo, is proud to announce their slot exchange arrangement with Hanjin Shipping Company Ltd. (Hanjin), Seoul, in Asia/Europe Services, effective March, 2001. |
| This new slot exchange arrangement will allow “K”LINE to exchange space between “K”LINE’s Japan&Asia/Europe Service and Hanjin’s CEX Service (China/Europe Express Service), which enables “K”LINE and Hanjin to offer more frequency and broader scope of services to their customers. |
| Calling ports of each service are as follows: |
| Hanjin CEX Service (9 x 2700-3300TEU) |
| Xingang(Sun/Mon) - Qingdao(Tue/Wed) - Shanghai(Thu/Sat) - Hong Kong(Mon/Tue) - Singapore(Fri/Sat) - Hamburg(Thu/Fri) - Rotterdam(Sat/Sun) - Felixstowe(Sun/Mon) - Singapore(Sat/Sun) - Hong Kong(Wed/Thu) - Xingang(Sun) |
| “K”LINE Japan&Asia/Europe Service (8 x 3500TEU) |
| Kobe(Wed/Thu) - Nagoya(Thu/Fri) - Tokyo(Fri/Sat) - Yantian(Tue/Tue) - Hong Kong(Wed/Wed) - Singapore(Sat/Sat) - Port Said(Tue/Wed) - Rotterdam(Tue/Wed) - Felixstowe(Wed/Thu) - Bremerhaven(Fri/Fri) - Le Havre(Sat/Sun) - Port Said(Sat/Mon) - Singapore(Thu/Thu) - Hong Kong(Sun/Mon) - Kobe(Wed) |
| “K”LINE’s present cooperation with COSCO Container Lines and Yangming Marine Transport Corporation in Asia/Europe service will remain unchanged. |
| The first vessels in the Slot Exchange are as follows: |
| Hanjin CEX Service |
| Hanjin Bremen V.0054W (ETA Xingang March 18, 2001) |
| “K”LINE Japan&Asia/Europe Service |
| Brooklyn Bridge V.J113W (ETA Kobe March 21, 2001) |
| Any further enquiries should be directed to following representatives; |
| Kawasaki Kisen Kaisha, Ltd. Tokyo |
| Toshio Shimizu, General Manager, Container Business Department |
| Tel : 81-3-3595-5591 |
| Toshiyuki Suzuki, Manager, Container Planning Section |
| Tel : 81-3-3595-5309 |