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<TITLE> Mitsui O.S.K. Lines, Ltd.  - Press Release </TITLE>

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<b>
MOL Cape Signs Long-term Iron Ore Transport Deal 
<br>with a leading international mining group, Rio Tinto
</b> 

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February 15, 2013
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TOKYO - Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that its group subsidiary MOL Cape (Singapore) Pte. Ltd. (MOL Cape) has concluded 20-year Freight Service Agreement for 200,000-ton-plus class iron ore carriers with Rio Tinto.
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Based on the contract, MOL Cape will place several large-scale carriers to transport iron ore mainly from Australia to China.
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MOL Cape has independently developed business in Singapore. Conclusion of the long-term contract with Rio Tinto will contribute to the company's stable earnings, and further consolidate the foundation for business expansion in the nation.
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The MOL Group continually strives to offer safe, reliable ocean transport services using its advanced safe operation system to meet continually expanding demand for resource transport.
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<b>Outline of contract</b>
<br>Type of contract 	:Freight Service Agreement
<br>Vessels to be placed 	:Large-scale bulk and iron ore carriers in the 200,000 - 250,000 DWT range
<br>Cargo 	:Iron ore in bulk
<br>Main loading ports 	:Western Australia (Dampier, Port Walcott)
<br>Unloading ports 	:Main ports in China
<br>Transport volume 	:About 8.5 million tons at the maximum
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<br><b>Outline of MOL Cape</b>
<br>Company name 	:MOL Cape (Singapore) Pte. Ltd.
<br>Founded 	:April, 2009
<br>Shareholder 	:MOL 100%
<br>Business 	:Ownership and operation of dry bulk carriers (mainly Capesize), and other services related to vessel operation



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<br><a href="http://www.mol.co.jp" target="_blank">Mitsui O.S.K. Lines, Ltd. press release</a>


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