Modification of Japan/Asia – North America West Coast Service

March 5, 2010

Modification of Japan/Asia – North America West Coast Service

"K" LINE, a member of CKYH Alliance (COSCON, "K" LINE, Yang Ming, Hanjin Shipping), will make modifications to its Japan/Asia - North America West Coast services in April 2010.

In this modification, two service loops will become joint operation with Mitsui O.S.K. Lines (MOL), a member of The New World Alliance (APL, Hyundai Merchant Marine, Mitsui O.S.K. Lines), aiming at more stable and reliable service. The details of service are as follows.

1. PSW-3

3700-3850teu vessel x 5 (2 vessels operated by "K" LINE, 3 vessels by MOL)

Port Rotation:

Kobe (Tue/Wed) - Nagoya (Thu/Thu) - Shimizu (Fri/Fri) - Tokyo (Sat/Sat) - Long Beach/Los Angeles (Tue/Sun) - Oakland (Tue/Wed) - Tokyo (Mon/Mon) – Kobe (Tue)

Reference) Current PSW-3: 3400teu vessel x 5 (All vessels operated by "K" LINE)

Shanghai – Kobe – Yokkaichi – Nagoya – Tokyo - Long Beach – Oakland – Tokyo – Nagoya - Shanghai

2. K-PNW

5200teu vessel x 6 (5 vessels operated by "K" LINE, 1 vessel by MOL)

Port Rotation:

Xiamen (Thu/Thu) – Hong Kong (Fri/Fri) – Yantian (Sat/Sat) – Shanghai (Mon/Tue) – Nagoya (Thu/Thu) – Tokyo (Fri/Fri) – Tacoma (Sun/Wed) – Vancouver (Wed/Thu) – Tokyo (Mon/Tue) – Nagoya (Wed/Thu) – Kobe (Fri/Fri) – Kaohsiung (Mon/Mon) – Xiamen (Thu)

Reference) Current K-PNW: 3400teu vessels x 6 (All vessels operated by "K" LINE)

Xiamen - Hong Kong – Yantian – Shanghai – Nagoya – Tokyo – Tacoma – Vancouver – Kobe – Tokyo – Nagoya – Kaohsiung - Xiamen

3. Commencing voyage

PSW-3		Venice Bridge, ETD Kobe April 7th
K-PNW		Bremen Bridge, ETD Xiamen April 8th

Above changes are subject to regulatory filing and approval as necessary.

For further information, please contact:

Fumiyoshi Sato

Manager, Planning Team, Containerships Strategy Group

Kawasaki Kisen Kaisha, Ltd.

Tel: +81-3-3595-5341 Fax: +81-3-3595-5288

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