| February 1, 2007 |
| "K" Line Launches new service between North Europe and East Coast South America |
| Kawasaki Kisen Kaisha, Ltd. ("K" Line) is pleased to announce that it will launch a new container service between North Europe and the East Coast of South America, in partnership with China Shipping, Hatsu Marine and Maruba. |
| Commencing at the end of March, the new service will deploy six vessels capable of loading 2,000 TEU on a fixed-day weekly frequency. |
| The port rotation will be as follows : |
| Rotterdam - Hamburg - Antwerp - Santos - Buenos Aires - Montevideo - Rio Grande - Itajai - Santos - Rotterdam |
| "K" Line and China Shipping will each provide two vessels to the new service whilst Hatsu Marine and Maruba will provide one each. |
| For further information, please contact: |
| Takafumi Kido |
| Manager, Planning Team |
| Containership Business Group |
| Kawasaki Kisen Kaisha, Ltd. Tokyo |
| TEL: 81-3-3595-5309 FAX: 81-3-3595-5288 |