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“K” Line Launches North China – Straits Service

April 26, 2007 - Kawasaki Kisen Kaisha, Ltd. ( “ K ” Line) is pleased to announce the launch of North China - Straits service which is expected to commence in end May 2007 with following service details:

Jaseco-2 ( “ K ” L ine / RCL joint loop ) with 3 x 2000 TEU
Qingdao – Pusan – Shanghai – Hong Kong – Singapore – Manila (North Harbour) – Manila (South Harbour) – Qingdao

Jaseco- 3 (RCL loop ) with 3 x 2500 TEU
Xingang – Qingdao – Pusan – Singapore – Hong Kong – Shanghai – Xingang

This new service will provide high quality dependability to assure great service satisfaction to customers while catering to growing demands of traffic between China and ASEAN countries as well as acting as reliable feeder service to connect onto our global service network at Singapore and Pusan. It shows our long-term commitment to this dedicated trade as one of the main carriers for years and many years ahead.

For further information, please contact:

Takafumi Kido
Deputy General Manager, Planning Team
Containerships Business Group
Kawasaki Kisen Kaisha, Ltd. Tokyo
TEL: 81-3-3595-5309 FAX: 81-3-3595-5288