MOL to Open New Singapore-Yangon Service: "SYX", 9th March 2012 - MGN News

MOL to Open New Singapore-Yangon Service: "SYX", 9th March 2012

News Release Mitsui O.S.K. Lines, Ltd. (Head Office) March 9, 2012

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<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
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lang=EN-US>TOKYO</SPAN></B><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"
lang=EN-US>—Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today
announced the opening of the new route “SYX” linking Singapore and Yangon
starting on March 17.</SPAN></P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"
lang=EN-US></SPAN> </P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt" lang=EN-US>MOL will
offer a twice a week joint service with RCL. The service is operated by 3
vessels (T/R 10.5 days) and MOL will provide one ship MV <EM>MOL Acclaim</EM>.
</SPAN></P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"
lang=EN-US></SPAN> </P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt" lang=EN-US>Yangon,
a major market in Myanmar, is positioned for future growth. The SYX route will
draw on MOL’s own network to offer a wide variety of both inbound and outbound
services to meet rising demand in this region.</SPAN></P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"
lang=EN-US></SPAN> </P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt" lang=EN-US>MOL will
meet a broad range of customer needs by continually offering high-quality
services to Myanmar’s growing markets.</P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: -21pt; MARGIN: 0cm 0cm 0pt 21pt"
class=a align=left><SPAN style="FONT-FAMILY: Wingdings; FONT-SIZE: 10pt"
lang=EN-US><SPAN></SPAN></SPAN> </P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: -21pt; MARGIN: 0cm 0cm 0pt 21pt"
class=a align=left><SPAN style="FONT-FAMILY: Wingdings; FONT-SIZE: 10pt"
lang=EN-US><SPAN>u<SPAN
style="FONT: 7pt 'Times New Roman'">       
</SPAN></SPAN></SPAN><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"
lang=EN-US>Rotation</SPAN></P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"
lang=EN-US>Singapore</SPAN><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"
lang=EN-US>, Yangon, Singapore</SPAN></P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 21pt; MARGIN: 0cm 0cm 0pt"
class=MsoNormal align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"
lang=EN-US>*Ships call at terminals on twice a week basis.</SPAN></P>
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align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"
lang=EN-US></SPAN> </P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: -21pt; MARGIN: 0cm 0cm 0pt 21pt"
class=a align=left><SPAN style="FONT-FAMILY: Wingdings; FONT-SIZE: 10pt"
lang=EN-US><SPAN>u<SPAN
style="FONT: 7pt 'Times New Roman'">       
</SPAN></SPAN></SPAN><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"
lang=EN-US>Start of service</SPAN></P>
<P style="TEXT-ALIGN: left; MARGIN: 0cm 0cm 0pt 21pt" class=MsoNormal
align=left><SPAN style="FONT-FAMILY: Arial; FONT-SIZE: 10pt" lang=EN-US>MV
<EM>Ora Bhum </EM>calling at Singapore on March
17</P></SPAN></SPAN></DIV></BODY></HTML>