– Environmental and Safety-conscious Next-generation Vessel Adopting Integrated Navigation System –

TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that on October 27, a naming ceremony for the Shinzan Maru, a newbuilding iron ore carrier that will sail under a long-term transport contract with Kobe Steel, Ltd. (Chairman, President, CEO and Representative Director: Hiroya Kawasaki; Headquarters: Kobe, Hyogo Prefecture, Japan), was held at the Hiroshima Shipyard of Imabari Shipbuilding Co., Ltd. (President: Yukito Higaki; Headquarters: Imabari, Ehime Prefecture, Japan).

Among those on hand for the ceremony was Kobe Steel Chairman, President, CEO, and Representative Director Mr. Hiroya Kawasaki, who named the new vessel, after which his wife cut the rope.

Shinzan Maru is an established name for vessels transporting raw materials to Kobe Steel that dates back to the era of Yamashita-Shinnihon Steamship Co., Ltd. (YSL), one of MOL’s predecessors. The new vessel is the third generation to sail under the Shinzan Maru name, and will ensure a stable transportation of iron ore for Kobe Steel.

The MOL-ordered vessel features a design improving fuel efficiency, plus cutting-edge energy-saving technologies such as a heat recovery system that can use mid- and low-temperature heat sources from 70 degrees C to 250 degrees C. It also represents the next generation safety-conscious vessels, adopting the integrated navigation system, in which electronic chart displays, radar screens, alarm displays and other voyage information are optimally located in consideration of the movement of crewmembers during a voyage.

MOL continually provides stable and safe transport services of raw materials for customers around the world.

[Outline of Shinzan Maru]

Length           : 319.95m

Breadth          :  55.00m

Draft             :  24.30m

Deadweight tons : 215,790 tons

For further information, please contact: Public Relations Office, Mitsui O.S.K Lines, Ltd.

TEL: +81-3-3587-7015 / FAX: +81-3-3587-7705 / Email: pblmo@molgroup.com