| January 10, 2007 |
| Collision of VLCC "Mogamigawa" No.2 |
| VLCC "Mogamigawa" arrived at Khor Fakkan, United Arab Emirates at 13:10 of Jan. 9 local time (18:10 of Jan. 9 Japan standard time). Inspection by diver commenced around 15:00. At this moment following damages have been found on bottom of ballast tank No.5 which locates about 70 meters ahead of stern on the left: |
| - approximately 1 m x 5 m of dent, maximum 40 cm in depth |
| - approximately 10 cm x 35 cm of hole |
| - approximately 10 cm x 35 cm of hole |
| - some scratches |
| Temporary repair was made to stop sea water inflow into ballast tank. |
| Inspection by diver resumed in the morning of Jan. 10 local time. Repair plan will be determined after this inspection. |
| For further information, please contact: |
| Kawasaki Kisen Kaisha, Ltd. ("K" Line) |
| Masato Yamaguchi, General Manager, IR & PR Group |
| Tel: 81-3-3595-5141 Fax: 81-3-3595-5001 |
| Atsushi Takayama, Manager, Information & Public Relations Team, IR & PR Group |
| Tel: 81-3-3595-5083 Fax: 81-3-3595-5001 |