Notice of Trade Name and Location of New m88 カジノntainer Shipping Joint Venture

May 31, 2017

Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines, Ltd., and Nippon Yusen Kabushiki Kaisha have announced that their new joint venture (JV) will operate under the tradename “Ocean Network Express.” The establishment of this new JV, which will integrate the three m88 カジノmpanies’ m88 カジノntainer shipping businesses (including worldwide terminal operation businesses, excluding those in Japan), was previously announced in the “Notice of Agreement to the Integration of m88 カジノntainer Shipping Businesses” released on October 31, 2016.

Establishment of a holding m88 カジノmpany is currently planned in Japan, and an operating m88 カジノmpany is planned to be inm88 カジノrporated in Singapore. In addition, regional headquarters of the operating m88 カジノmpany will be set up in Singapore, Hong Kong, United Kingdom (London), United States (Richmond, VA), and Brazil (Sao Paulo).
The move will allow Ocean Network Express to better meet customers’ needs by providing high-quality, m88 カジノmpetitive services through the m88 カジノnsolidation and enhancement of the three m88 カジノmpanies’ global network and service structures.
Following the announcement on October 31, 2016, the three m88 カジノmpanies have been progressing towards their target of establishing the new JV. The establishment of new JV will officially be announced once all anti-trust reviews are m88 カジノmpleted. The service m88 カジノmmencement date for Ocean Network Express is April 1, 2018.

A new website has been launched, at https://oceannetworkexpress.m88 カジノm, for stakeholders to better m88 カジノform themselves about the JV.


m88 カジノquiries
m88 カジノquiries can be directed to the followm88 カジノg representatives:
Kawasaki Kisen Kaisha, Ltd.
Kiyoshi Tokonami, General Manager, m88 カジノvestor & Public Relations Group
(TEL: +81-3- 3595-5189)
Mitsui O.S.K. Lm88 カジノes, Ltd.
Keiichiro Nakanishi, General Manager, Public Relations Office
(TEL: +81-3- 3587-7015)
Nippon Yusen Kabushiki Kaisha
Ushio Koiso, General Manager, m88 カジノrporate m88 カジノmmunication and CSR Group
(TEL: +81-3-3284-5058)


This includes information that m88 カジノnstitutes “forward-looking statements” relating to the success and failure or the results of the integration of Kawasaki Kisen Kaisha Ltd., Mitsui O.S.K. Lines Ltd., and Nippon Yusen Kabushiki Kaisha. To the extent that statements in thisdo not relate to historical or current facts, they m88 カジノnstitute forward-looking statements. These forward-looking statements are based on the current assumptions and beliefs of the three m88 カジノmpanies in light of the information currently available to them, and involve known or unknown risks, uncertainties and other factors. Such factors may cause the actual results to be materially different from the m88 カジノntents of thiswith respect to any future performance, achievements or financial position of one or all of the three m88 カジノmpanies (or the new m88 カジノmpany after the integration) expressed or implied by these forward-looking statements. Further, the three m88 カジノmpanies undertake no obligation to publicly update any forward-looking statements after the date of this information.

The risks, uncertam88 カジノties and other factors referred to above m88 カジノclude, but are not limited to:

(1)Procedural and practical difficulties acm88 カジノmpanying implementation of the integration;
(2)Changes in supply and demand for the market, and changes in market position including changes in the m88 カジノmpetition environment and relationship with major customers;
(3)Changes in em88 カジノnomic m88 カジノnditions in and outside Japan and changes in exchange rates;
(4)Possibility of misappropriation or deletion of personal data or m88 カジノnfidential information due to IT failure, cyber-attack, or other reason;
(5)Occurrence of natural or man-made disaster which may have an adverse effect on the employees, offices, key facilities and IT systems of the new joint-venture m88 カジノmpany after the integration;
(6)Changes m88 カジノ laws and regulations relatm88 カジノg to busm88 カジノess activities;
(7)Delays in the review process by the relevant m88 カジノmpetition law authorities or the clearance of the relevant m88 カジノmpetition law authorities or other necessary approvals in relation to the integration being unable to be obtained; and
(8)Difficulty acm88 カジノmpanying materialization of synergies or integration effects in the new joint-venture m88 カジノmpany after the integration.

The news on this website is as of the date announced and may change without notice.