Dry Bulk Carrier

 We offer transport services for raw materials such as coal, iron ore, grain (wheat, soybeans, corn, etc.), woodchips and pulp. Recently,
 in addition to cargo bound for Japan,we actively transport cargo bound for China, India and other developing countries, and engage in
 trilateral transport in the Atlantic region.

 The "K" Line Group has built face-to-face, trusting relationships around the world through marketing activities
 with strong local ties and close attention to detail based primarily on resource transport services including  iron
 ore, thermal coal, grain,and other raw materials for customers in Japan.

   "K" Line Enters into Long-Term Contracts in Emerging Markets

   "K" Line is responding to the increase in resource  transport demand spurred by continuous economic
   growth in China, India and other emerging economies by being among the first Japanese shipping
   companies to expand their overseas dry bulk carrier services. In China, the world's largest   crude
   steel-producing country, we have entered into a number of long-term iron ore transport contracts with
   major steel mills and steadily established a track record of performance.

   Global Systems Support Dry Bulk Demand

   "K" Line is developing systems to support dry bulk shipping demand around the world including emerging
   economies by establishing operating subsidiaries in Europe, Singapore and the United States to build
   networks for sales and vessel operations. This has earned us a reputation for excellence from overseas    customers.

   "K" Line Develops Original Corona-series

   The Corona-series of thermal coal carriers was developed by "K" Line on its own, and are being highly
   estimatedby cargo owners. The high-profile feature of wider hull requiring a shallower draft is designed in
   consideration of berth conditions at power plants. The Corona-series has been gradually developing into a
   standard for thermal coal  shipping business in Japan.

   For further information on Bulk Carriers Contact:

   Ravi Gopual • Tel: +27 31 328 0101 • Cell: 083 284 7528 • Email: gopaul.ravi@za.kline.com