"K" Line

31 July 2014

Please be advised that “K” Line has released the following press statements today:

・Financial Highlights for 1^st Quarter F2014 – http://bit.ly/1u2TAxT

・”K” Line and Ports America Reach Deal on Strategic Partnership – http://bit.ly/UNl5Po

These statements are also available from their Website both English and Japanese.

http://www.kline.co.jp/en/

For further information, please contact:

Kiyoshi Tokonami

General Manager, IR & PR Group

Tel: +81-3-3595-5189 Fax: +81-3-3595-5001

Kawasaki Kisen Kaisha, Ltd. (“K” Line)

July 31, 2014 

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has decided in a board meeting held today on changes of Executive Officers.

New Appointment as of August 1, 2014

Please see below the list of responsibilities of Executive Officers scheduled on and after August 1, 2014 and October 1, 2014.

Attachment: The responsibilities of Executive Officers on and after August 1, 2014

Attachment: The responsibilities of Executive Officers on and after October 1, 2014

Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called “K” Line) is proud to announce the delivery of “GALAXY RIVER,” an 82,200 cbm-type LPG Carrier at Sakaide Shipyard of Kawasaki Shipbuilding Co., Ltd., Japan on June 27, 2014.

GALAXY RIVER will be operated by “K” Line under a Consecutive Voyage Charter Contract with Japan Gas Energy Corporation. The main cargo that will be transported is LPG (Liquefied Petroleum Gas) from the Middle East to be discharged in Japan and other Far East ports. In addition, due to the recent Shale Revolution, there has been a lot of LPG exported from the United States and this is expected to increase. In this connection, GALAXY RIVER is fitted with the latest design that will enable her to pass through the Panama Canal after its expected expansion is completed.

Vessel’s Specifications

LOA  :  230.00M

Deadweight Tons  :  54,081MT

Beam  :  37.20M

Gross Tons  :  46,885T

Depth  :  21.00M

Cargo Tank Capacity  :  82,391m3

Full Draft  :  11.20M

Registry  :  Republic of Panama

Class  :  Nippon Kaiji Kyokai (NK)

Features

1. The vessel is designed to be fully compliant with the New Panamax requirements.

2. A ballast water management system ensures the ocean habitat is protected from unwanted environmental effects.

3. Four independent cargo tanks are installed in the cargo holds for carrying liquefied petroleum gas. The tanks are designed to provide optimal thermal insulation and absorb low-temperature contraction.

4. The cargo tanks are made with special cryogenic steel for loading LPG with a minimum temperature of -46°C. The tanks are wrapped in urethane foam for thermal insulation.

For further information, please contact:

Kawasaki Kisen Kaisha, Ltd. (“K” Line):

Takahiko Tsurukawa , General Manager, Tanker Group  Tel:81-3-3595-5496    Fax:81-3-3595-5371

Kenichiro Matsui,  Manager, LPG & Clean Tanker Team Tanker Group

Tel:81-3-3595-5467    Fax:81-3-3595-5371

June 23, 2014

KAWASAKI KISEN KAISHA, LTD. (“K” Line) is pleased to announce that in addition to its recent identical 8-vessel shipbuilding contracts with delivery from 2015 to 2016, it has been decided to order two (2) additional new next generation 7,500 RT car carrier vessels with delivery in 2017 from Shin Kurushima Dockyard Co. Ltd.

By adding these two new additional ships, line-up of our new next generation car carrier vessels, with better stability and increased fuel efficiency, will expand to a total of ten. We are committed to continue to deliver value added efficiency as well as the capability of handling an even wider variety of cargo mix to assure our services successfully meet the needs of our valued customers in order to be best suited for not only passenger cars but also other RORO cargoes.

For further information please contact:

Yu Kurimoto

Group Manager, Car Carrier Planning & Development Group

Kawasaki Kisen Kaisha, Ltd. 　Tel: +81-3-3595-5471

Ryota Araki

Manager, Car Carrier Planning & Co-operation Team,

Car Carrier Planning & Development Group

Kawasaki Kisen Kaisha, Ltd. 　Tel: +81-3-3595-5468

April 30, 2014

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has decided on the following changes in its board meeting held today, subject to approval at the Ordinary General Meeting of Shareholders on June 25, 2014:

DIRECTORS:

For further details, please contact:

Kiyoshi Tokonami,

General Manager, IR & PR Group

Tel: +81-3-3595-5189   Fax: +81-3-3595-5001

30 April 2014

Please be advised that “K” Line has released the following press statements today, which are attached as PDF documents:

・Financial Highlights for FY2013 – http://bit.ly/1iBDO4R

・Payment of Dividends – http://bit.ly/1mbouzU

These statements are also available from their Website both English and Japanese.

http://www.kline.co.jp

For further information, please contact:

Kiyoshi Tokonami

General Manager, IR & PR Group

Tel: +81-3-3595-5189 Fax: +81-3-3595-5001

Kawasaki Kisen Kaisha, Ltd. (“K” Line)

Grand Race, Pure Car Carrier (PCC) operated by “K” Line, rescued 199 refugees in Mediterranean Sea north of Tripoli at request to rescue refugee by MRCC Italy(*). In compliance with the request, the vessel immediately headed for the position and successfully rescued 199 refugees at 5:50 (local time) on April 9. Once refugees were onboard, the vessel crew served a light meal to them and treated some of them who were slightly injured. They safely disembarked at Pozzalo port in Italy on April 10 before dawn.

About “Grand Race”

Captain：Willy A. Doruelo

Flag ：Panama

Crew：20　(Filipinos)

Gross Tonnage：50,309 tons

Type of Vessel：Pure Car Carrier

(*)MRCC Italy : Maritime Rescue Coordination Centers Italy

For further information, please contact:

Jitsuo Narita

Manager, Information & Public Relations Team, IR & PR Group

Kawasaki Kisen Kaisha, Ltd. Tokyo

TEL: +81-3-3595-5083 　FAX:+ 81-3-3595-5001

On September 6, 2012, the Japan Fair Trade Commission (the “JFTC”) investigated KAWASAKI KISEN KAISHA, LTD. (“K” Line) due to a suspected violation of the Antimonopoly Act of Japan regarding ocean shipment of automobiles. Since then, “K” Line has fully cooperated with the relevant JFTC investigations.

”K” Line announced today that the JFTC has issued cease-and-desist orders and administrative surcharge payment orders to the Company for violating Article 3 (Unreasonable Restraint of Trade) of the Antimonopoly Act of Japan.

We express our sincere regret for the concern this matter has caused to our customers, shareholders and concerned parties.

1. Outline of Cease-and-Desist orders

“K” Line was ordered, among other things, to confirm that it has discontinued acts that are in violation of Article 3 (Unreasonable Restraint of Trade) of the Antimonopoly Act of Japan, to comply with guidelines concerning the observation of the Antimonopoly Act of Japan and to implement periodic training for its employees and periodic audits.

2. Outline of the surcharge payment

Amount of surcharge: 5,698,390,000 yen

3. Response

“K” Line regards the situation with the utmost gravity and will take comprehensive measures to ensure strict compliance with all applicable laws and regulations.

In light of the seriousness of this matter, the CEO, and the Directors and the Executive Officers who are in charge of the concerned sector, have decided to return voluntarily 10-30% of their monthly remuneration for three months.

4. Impact on results

“K” Line has already recorded an extraordinary loss related to the Antimonopoly Act of Japan of 5.721 billion yen as a reverse of provisions in conjunction with the third quarter of the fiscal year 2013.

February 28, 2014

KAWASAKI KISEN KAISHA, LTD. (“K” Line) is pleased to announce new JASECO services to enhance our service network between Japan and Philippines, Vietnam, Singapore and Indonesia.

The new services will contribute to the more enhanced intra-Asia service network and schedule stabilization, and also increase the service frequency to/from Japan/Vietnam and improve its transit-time.

The new services will succeed the name of ongoing ones known as JASECO-4/JASECO-5 which will be suspended at the start of the new services.

Details of the service are as follows:

• Vessel Deployment:
  New JASECO-4: Four (4) x 4200 TEU type vessels
  New JASECO-5: Four (4) x 2500 TEU type vessels

• Port Rotation:

New JASECO-4: Tokyo – Yokohama – Nagoya – Kobe – Singapore – Jakarta – Singapore – Ho Chi Minh – Tokyo

New JASECO-5: Osaka – Yokkaichi – Nagoya – Shimizu – Tokyo – Yokohama – Kobe – Manila – Ho Chi Minh – Singapore – Manila – Osaka

• Commencement Date:

New JASECO-4 SB: 12th of March ETA Singapore

New JASECO-5 NB: 17th of March ETA Singapore

KAWASAKI KISEN KAISHA, LTD. (“K” Line) is pleased to announce new JASECO services to enhance our service network between Japan and Philippines, Vietnam, Singapore and Indonesia. The new services will contribute to the more enhanced intra-Asia service network and schedule stabilization, and also increase the service frequency to/from Japan/Vietnam and improve its transit-time.

The new services will succeed the name of ongoing ones known as JASECO-4/JASECO-5 which will be suspended at the start of the new services.

Details of the service are as follows:

• Vessel Deployment:
  New JASECO-4: Four (4) x 4200 TEU type vessels
  New JASECO-5: Four (4) x 2500 TEU type vessels

• Port Rotation:

New JASECO-4: Tokyo – Yokohama – Nagoya – Kobe – Singapore – Jakarta – Singapore – Ho Chi Minh – Tokyo

New JASECO-5: Osaka – Yokkaichi – Nagoya – Shimizu – Tokyo – Yokohama – Kobe – Manila – Ho Chi Minh – Singapore – Manila – Osaka

• Commencement Date:

New JASECO-4 SB: 12th of March ETA Singapore

New JASECO-5 NB: 17th of March ETA Singapore