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News Release

August 31, 2012

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Nagoya, Japan joins Rickmers' Round-The-World Pearl String Service

News Release Rickmers-Linie GmbH & CIE. KG (Head Office) August 31, 2012
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<P style="TEXT-ALIGN: justify" class=MsoPlainText><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'">As from September 2012, the port of
Nagoya will be added to Rickmers-Linie&#8217;s Round-The-World Pearl String Service
schedule on a monthly basis.</SPAN></P>
<P style="TEXT-ALIGN: justify" class=MsoPlainText><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'"></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify" class=MsoPlainText><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'">Shippers will now be able to ship
directly to Houston, New Orleans, Savannah, Philadelphia, Antwerp and
Hamburg.&nbsp; The service also offers additional relay opportunities over
Rickmers' hub port in Houston to other ports in the Caribbean and Central/South
America.&nbsp; </SPAN></P>
<P style="TEXT-ALIGN: justify" class=MsoPlainText><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'"></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify" class=MsoPlainText><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'">The upgraded service will employ nine
<I>Rickmers Hamburg-</I>class vessels, purpose-designed conventional vessels
with strengthened pontoon tweendecks, hold lengths up to 32 meters and shipboard
cranes that can be twinned to lift up to 640mt. These 30,000dwt ships are not
dependent on the availability of landside heavylift cranes.</SPAN></P>
<P style="TEXT-ALIGN: justify" class=MsoPlainText><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'"></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify" class=MsoPlainText><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'">Richard Stinchcombe, Representative
Director &amp; CEO, Rickmers (Japan) Inc, commented: </SPAN></P>
<P style="TEXT-ALIGN: justify" class=MsoPlainText><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'"></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify" class=MsoPlainText><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'">"Adding an upgraded service with many
additional ports of call will give companies in Nagoya the additional
flexibility they seek and reconfirms Rickmers-Linie's commitment to
Nagoya.&nbsp; Our specially-equipped vessels are extremely well suited for
out-of-gauge and heavy cargoes."&nbsp; </SPAN></P>
<P style="TEXT-ALIGN: justify" class=MsoPlainText><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'"></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify" class=MsoPlainText><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'">For further information, please
contact your local Rickmers office or Rickmers (Japan) Inc at +81-3-5419-1166.
Alternatively, visit our website at </SPAN><A
href="redir.aspx?C=0c6eaa618d364bd7abf2f4fae3dd5a0a&amp;URL=http%3a%2f%2fwww.rickmers-linie.com"
target=_blank><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'">www.rickmers-linie.com</SPAN></A><SPAN
style="FONT-FAMILY: 'Tahoma','sans-serif'"></SPAN></P></DIV></BODY></HTML>