297,000-dwt Iron Ore Carrier Ore Salvador Completed
- Will Sail under Long-term Transport Contract with Vale International S.A. -

February 28, 2013

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced completion of the 297,000-ton iron ore carrier Ore Salvadorat Japan Marine United Corporation's Ariake Shipyard. MOL will operate the ship under a long-term contract, transporting ore from Vale S.A. of Brazil.

Among those on hand for the naming and delivery ceremonies were Vale International Director Gurinder Singh, who named the vessel, Japan Marine United Corporation President Shinjiro Mishima and MOL President Koichi Muto.

As the world's leading operator of Capesize bulk carriers, MOL operates a total of seven very large ore carriers (VLOCs) in the 300,000 DWT class. The company 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 Salvador

Deadweight tons (Capacity)	: 297,076 tons
Length	: 327.00m
Breadth	: 55.00m
Draft	: 21.40m
Registry	: Liberia

1st from right is MOL President Koichi Muto
2nd from right is Vale Asia K.K. President Marcos Turini
5th from right is Vale International SA Director, Shipping & Distribution Gurinder Singh
6th from right is MOL Managing Executive Officer Kenichi Nagata