"K"Line and SITC to Launch North China / Japan Service

October 6, 2003

"K"Line and SITC to Launch North China / Japan Service

Kawasaki Kisen Kaisha, Ltd. ("K"Line) and SITC Container Lines (SITC) are pleased to announce that steps are underway for the launching of North China (Xingang, Dalian) / Japan service from October 22, 2003.

With the ever-increasing International Trade to and from China since that country became a member of WTO, the trade between North China (Xingang, Dalian) and Japan ports is now being focused with highest concern. This service will provide both quality and fast transit time by separation of Eastern Part (Kanto and Nagoya) and Western Part (Kansai) loops, respectively, with Xingang and Dalian (Butterfly style).

< Service Contents>

1)	3 full containerships with 668 TEU capacity each
	Service Speed 15.5 knots
	21 days turn round : weekly fixed day service
2)	Ship Provision 2 ships by "K"Line, 1 ship by SITC
3)	Calling Ports, Day of the week and Rotation

Xingang (Wed/Thu) - Dalian (Thu/Fri) - Tokyo (Tue/Tue) - Yokohama (Tue/Wed) - Nagoya (Wed/Thu) - Xingang (Mon/Tue) - Dalian (Tue/Wed) - Moji (Fri/Fri) - Osaka (Sat/Sat) - Kobe (Sun/Sun) - Xingang

4)	Commencement of Service

	Sailing	Port	Vessel Name	Operator
1^st Voyage	Oct 22 (Wed)	Xingang	Bunga Mas Tiga	"K"Line
2^nd Voyage	Oct 29 (Wed)	Xingang	Bunga Mas Empat	"K"Line
3^rd Voyage	Nov 5 (Wed)	Xingang	Bunga Mas Dua	SITC

5)	This service will also handle container cargo trade to / from Xingang, Dalian other than that with Japan Ports (such as to / from North America, Europe, South and East Asia and others) by connecting with operations of "K"Linefs existing service network either at Kobe or Tokyo.
6)	This service will replace "K"Line ’ s current Dalian / Japan Port service.

For further information, please contact:

Kawasaki Kisen Kaisha, Ltd. Tokyo Containerships Business Group
General Manager	Takashi Saeki	Tel: 81-3-3595-5293
China Team Manager	Kiyoshi Tokonami	Tel: 81-3-3595-5312

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