| April 14, 2006 |
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| Orders Placed for 3 New VLCC |
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| Kawasaki Kisen Kaisha, Ltd. ("K" Line) is pleased
to announce to place orders for three new double-hulled VLCC. |
With the addition of the three new VLCC,
"K" Line’s VLCC fleet will expand to nine. |
| "K" Line’s VLCC fleet has already been totally
composed of double-hulled as an achievement from consistent effort to establish
environmentally friendly fleet, which is an ongoing corporate commitment to preserve
global marine environment. |
This expansion will strengthen "K"
Line’s high-quality transportation services and will be appreciated by "K"
Line’s esteemed customers with their satisfaction as well. |
| An outline of present orders shows: |
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| Construction Company: |
Kawasaki Shipbuilding Corporation |
| Time of Completion: |
2nd Quarter 2009 |
|
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| Construction Company: IHI Marine United Inc. |
| Time of Completion: |
1st |
4th Quarter 2009 |
|
2nd |
1st Quarter 2010 |
|
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| For further details, kindly contact: |
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| Kawasaki Kisen Kaisha, Ltd. |
| Akira Otsu, Director, General Manager, Tanker Group |
| Tel:03-3595-5017 / Fax:03-3595-5599 |
| |
| Takahiko Tsurukawa, Manager, Tanker Team, Tanker Group |
| Tel:03-3595-5494 / Fax:03-3595-5599 |