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New TraPac Container Terminal Opens in Jacksonville

January 14, 2009

TOKYO - Mitsui O.S.K. Lines, Ltd. (MOL; President: Akimitsu Ashida) opened its own terminal in the U.S. port of Jacksonville, Florida. The first ship (serving the ESX-China/North America East Coast route) berthed in the afternoon of January 12th and the cargo operation was done safely.

MOL's wholly owned subsidiary TraPac, Inc. (headquarters: Los Angeles) operates the terminal. Utilizing terminal operation know-how accumulated in the ports of Los Angeles and Oakland, the company will offer highly efficient, cost competitive services.

The Port of Jacksonville has an ideal location for container transport with fully developed railway and road networks. Many major logistics and warehouse facilities are located in the surrounding area, and the port can expect further growth as a logistics center for the U.S. East Coast.

MOL General Manager, Liner Division T.K. Konishi said, "The new terminal will improve MOL's liner service quality with Jacksonville as a hub for the U.S. East Coast. We will also work closely with the City of Jacksonville and the Jacksonville Port Authority to promote development in this region."

[Reference] Terminal Outline

(1) Name TraPac Jacksonville Terminal
(2) Location Dames Point Zone in the Port of Jacksonville, Florida
(3) Total area About 160 acres (about 65ha)
(4) Total quay length About 2,400 ft (about 730m)
(5) Equipment and machinery 6 gantry cranes, 6 transfer cranes, etc.
(6) Operator TraPac, Inc. (MOL's wholly owned terminal operator). It operates container terminals in the U.S. ports of Los Angeles and Oakland.