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“K” Line and MOL Upgrade Container Service between
Asia-Mexico/West Coast South America

November 16, 2007 -KAWASAKI KISEN KAISHA, LTD. (“K” Line, President: Hiroyuki Maekawa) and Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) today announced that the Asia-Mexico/West Coast South America container service called “New ANDES” will improve port coverage by adding direct calls at Qingdao , whose hinterland in Shandong province is regarded to have the highest potentiality of growth in North China in terms of export cargo production, import cargo processing and local consumption. This weekly direct calling at Qingdao is a unique service in this trade.

“Qingdao direct call” Service will be as follows:

Port Rotation

Hong Kong / Chiwan / Xiamen / Shanghai / Qingdao / Pusan / Manzanillo ( Mexico ) /
Buenaventura ( Colombia ) / Callao ( Peru ) / Iquique ( Chile ) / Valparaiso ( Chile ) /
Lirquen (Chile) / Yokohama / Keelung / Hong Kong

1st Sailing

M/V Andes Bridge V.8505E (ETD Qingdao - November 22, 2007)

For further information, please contact:

Takafumi Kido
Deputy General Manager, Planning Team, Containerships Business Group
KAWASAKI KISEN KAISHA, LTD.
TEL: 81-3-3595-5309 FAX: 81-3-3595-5288