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Rickmers-Linie calls Myanmar

News Release Rickmers-Linie GmbH & CIE. KG (Head Office) April 27, 2012
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<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US>With the lifting of trade
sanctions, Rickmers-Linie is once again able to offer calls at Myanmar.
Initially, the country&#8217;s main port, Yangon, will be served on inducement as part
of the company&#8217;s Indian service and will cater for heavy lift cargo up to 800
tonnes in weight.<SPAN style="COLOR: black"></SPAN></SPAN></P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US>The fleet of the Indian
service consists of <I>Linde, Martin</I> and <I>Baltic Winter, </I>as well as<I>
Rickmers Yokohama </I>and <I>Rickmers Tianjin</I>. While the 2011-built
<I>Baltic Winter</I> has a deadweight of 19,800 tonnes and is capable of lifting
individual items of cargo up to 800 tonnes in weight, <I>Linde</I> and
<I>Martin</I>, both built in 2005, are 12,800dwt ships each equipped with two
120-tonne capacity cranes that can be twinned to lift 240 tonnes. The 17,000 dwt
sister vessels <I>Rickmers Yokohama</I> and <I>Rickmers Tianjin</I> each have a
maximum lifting capacity of 300 tonnes.</SPAN></P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US>Yangon, formerly known as
Rangoon</SPAN><SPAN style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US>, was
once the capital city of Burma &#8211; as Myanmar was known then. Although the city of
Naypyidaw <SPAN class=apple-converted-space>became Myanmar&#8217;s capital in
20</SPAN>06, Yangon, with a population of over four million, continues to be the
country's largest city and the most important commercial centre.</SPAN></P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US>Gerhard Janssen,
Rickmers-Linie&#8217;s Director, Sales &amp; Marketing, notes that Myanmar&#8217;s
infrastructure, including that of Yangon itself, will require significant
improvements to match other major cities in Southeast Asia:</SPAN></P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US>&#8220;We anticipate longer term
that this issue will be addressed. </SPAN><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'">Free of sanctions, Myanmar&#8217;s economy
should develop quickly and an increase in construction activity is inevitable.
</SPAN><SPAN style="FONT-FAMILY: 'Tahoma','sans-serif'" lang=EN-US>That will
drive demand for breakbulk and project cargo.&#8221;<BR><BR>As an example of what is
envisaged for Myanmar, the new capital Naypyidaw, just over 300km north of
Yangon, is said to be <SPAN style="BACKGROUND: white">one of the world's 10
fastest-growing cities.</SPAN></SPAN></P></DIV></BODY></HTML>