K Line Announces Delivery of Corona Series Coal Carrier Corona Lions

K Line Announces Delivery of Corona Series Coal Carrier Corona Lions

Kawasaki Kisen Kaisha, Ltd. , is pleased to announce the launching of the “Corona Lions,” a new 85,600 DWT-type coal carrier at Oshima Shipbuilding Co., Ltd., Japan, on 22 Jan, 2007.

The Corona series, which “K” Line originated and continues to develop, consists of epoch-making coal carriers equipped with wide beam and shallow draft, which is the most suitable type to enter the ports of domestic thermal power plants to discharge cargo.

With this new deployment, the Corona series now consists of 10 carriers, and by the further increase of another new building in 2007 and 4 more having been ordered to respond to the demand for this type of vessel to carry thermal coal, the series will total 15 carriers.

The name “Corona Lions” derives from “Corona” which is the symbol of “K” Line’s specialized fleet for transport of thermal coal known as the Corona series. Also the lion, which is often called the king of beasts, is a common charge in heraldry, traditionally showing bravery, valor and strength.

The Corona series always ensures customers a steady and reliable thermal coal transport service with maximum safety.

“Corona Lions” Specifications

Loa: 229.93M Beam: 38.00M Depth: 19.90M Deadweight Tons: about 85,600MT

Hold/Hatch: 5/5

About Kawasaki Kisen Kaisha Ltd.

Kawasaki Kisen Kaisha Ltd. (“K” LINE) was established in April 1919. Containership services has had the distinction of being the centerpiece of “K” LINE’s global sea transportation services. Providing stable and reliable service, this business has been developing and expanding with the present global network offering coverage around the world. By keeping abreast of changing business circumstances and in order to meet customer’s requirements, we are also constantly reinforcing our company’s international competitiveness. For more information, please visit http://www.kline.co.jp/index_e.html.

Contact:

Kawasaki Kisen Kaisha, Ltd. Thermal Coal, Woodchip and Pulp Group Kazuhiko Harigai, General Manager Tel: 81-3-3595-5502 Michitomo Iwashita, Manager Tel: 81-3-3595-5505

Fax: 81-3-3595-5512

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