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“K” LINE ANNOUCE THE LAUNCHING OF “ZEN-NOH GRAIN MAGNOLIA”

Kawasaki Kisen Kaisha, Ltd. (“K” Line) is proud to announce the launching of “ZEN-NOH GRAIN MAGNOLIA,” an 82,000 DWT-type

Kamsarmax bulk carrier at the Fukuyama Tsuneishi Shipyard of Tsuneishi Shipbuilding Co., Ltd., Japan on October 26, 2011.

She will be involved in long-term service carrying grain to “K” Line’s esteemed customer National Federation of Agricultural Co-operative

Associations (JA Group).

Her name is connected with the state flower of Louisiana where Zen-Noh Grain Corporation’s grain shipment elevator is located and

where she is scheduled to make periodic calls in the future.

VESSEL’S SPECIFICATIONS:

LOA:                                                    228.99M

BEAM:                                                32.26M

DEPTH:                                              20.05M

FULL DRAFT:                                  14.429M

DEADWEIGHT TONS:                    82,165MT

GROSS TONS:                                   43,012T

NET TONS:                                        27,239T

HOLD/HATCH:                                7/7

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