April 14, 2006 - Tokyo, Japan. - Kawasaki Kisen Kaisha, Ltd. ("K" Line) is pleased to announce to place orders for three new double-hulled VLCC.
With the addition of the three new VLCC, "K" Line's VLCC fleet will expand to nine.
"K" Line's VLCC fleet has already been totally composed of double-hulled as an achievement from consistent effort to establish environmentally friendly fleet, which is an ongoing corporate commitment to preserve global marine environment.
This expansion will strengthen "K" Line's high-quality transportation services and will be appreciated by "K" Line's esteemed customers with their satisfaction as well.
| Construction Company | : Kawasaki Shipbuilding Corporation |
| Time of Completion | : 2nd Quarter 2009 |
| Construction Company | : IHI Marine United Inc. |
| Time of Completion | : 1st 4th Quarter 2009 : 2nd 1st Quarter 2010 |