297,000-dwt Iron Ore Carrier Ore Sao Luis Completed
- Will Sail under Long-term Contract with Vale of Brasil -

March 22, 2012

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced the completion of the 297,000-ton iron ore carrier Ore Sao Luis at the Universal Shipbuilding Corporation, Ariake Shipyard. The Ore Sao Luis will transport iron ore from Brasil to mainly China, under a long-term contract with Vale.

Among those on hand for the naming and delivery ceremonies were Vale International General Manager, Shipping, Pietro Allevato, who named the vessel, and Universal Shipbuilding Director and Senior Managing Officer Kuniteru Ishikawa. The ship's name is derived from the capital and largest city in Maranhão state in Brasil.

MOL operates 300,000 DWT class of six (6) VLOCs in total, including Ore Sao Luis. As the world leading Capesize operator, MOL strives to provide safe, reliable ocean transport services, taking advantage of its advanced safe operation management system and fleet scale to meet continually growing demand for iron ore transport.

[Outline of Ore Sao Luis]
Deadweight tons (Capacity): 297,076 tons
Length: 327.00m
Breadth: 55.00m
Draft: 21.40m
Registry: Liberia

1st from left:Universal Shipbuilding Director and Senior Managing Officer Kuniteru Ishikawa
3rd from left: MOL Managing Executive Officer Kenichi Nagata
4th from left:Vale International General Manager, Shipping Pietro Allevato