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"K" Line Opens New Warehouse in Tianjin, China
December 12, 2005

Tokyo, Japan.

Kawasaki Kisen Kaisha, Ltd. (“K” Line) is pleased to announce the establishment of a new logistics company named “K” Line Zhenhua Logistics (Tianjin) Co., Ltd. (KLZH) in Tianjin, China, as a joint venture company with Zhenhua Group.

KLZH is located in the Tianjin Bonded Logistics Park (TJBLP) and offers a “state-of-the-art” warehousing business with 13,000 square meters of warehouse space. The warehouse is designed for fast handling of cargo and has anti-static flooring system. Besides the warehousing services offered in this Bonded Logistics Park designed primarily for clients in the high-tech, electronics, automotive and garment industries, KLZH also offers customized land transport solutions to meet various customers' needs in today's ever-expanding and sophisticated market.

With KLZH being located in a Bonded Logistics Park, it can also offer expedited tax returns as well as a broad spectrum of possibilities for combining both domestically-produced and overseas out-sourced products. Because of functions enjoyed by our location in this Bonded Logistics Park, KLZH is also entitled to provide overseas clients with the added ability of Vendor-Managed Inventory (VMI) service without them having to set up their own branch offices or functions in China.

KLZH is managed by a team of logistics professionals from “K” Line and Zhenhua Logistics Group, which is the largest logistics service provider in Tianjin. By combining and utilizing the extensive experience and networks in the logistics field and customer bases of the two companies, KLZH will be able to provide a value-added service that meets every market need with the very best possible synergy effect.

For more information, please contact:

“K” Line Zhenhua Logistics (Tianjin), Co., Ltd.
Yeo Pheng Hui, Director and General Manager
TEL : +86-22-6627-2178 FAX : +86-22-6627-2368

Kawasaki Kisen Kaisha, Ltd.
“K” Line Total Logistics Planning Group
Junzo Noda, General Manager
TEL : +81-3-3595-5201 FAX : +81-3-3595-5285

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