ビンゴ ルーレット Cape Signs Long-term Iron Ore Transport Deal with a leading international mining group, Rio Tinto

February 15, 2013

TOKYO-Mitsui O.S.K. Lines, Ltd. (ビンゴ ルーレット; President: Koichi Muto) today announced that its group subsidiary ビンゴ ルーレット Cape (Singapore) Pte. Ltd. (ビンゴ ルーレット Cape) has concluded 20-year Freight Service Agreement for 200,000-ton-plus class iron ore carriers with Rio Tinto.

Based on the contract, ビンゴ ルーレット Cape will place several large-scale carriers to transport iron ore mainly from Australia to China.

ビンゴ ルーレット 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.

The ビンゴ ルーレット Group continually strives to offer safe, reliable ocean transport services using its advanced safe operation system to meet continually expanding demand for resource transport.

Outline of contract

Type of contract	: Freight Service Agreement
Vessels to be placed	: Large-scale bulk and iron ore carriers in the 200,000 - 250,000 DWT range
Cargo	: Iron ore in bulk
Main loading ports	: Western Australia (Dampier, Port Walcott)
Unloading ports	: Main ports in China
Transport volume	: About 8.5 million tons at the maximum

Outline of ビンゴ ルーレット Cape

Company name	: ビンゴ ルーレット Cape (Singapore) Pte. Ltd.
Founded	: April, 2009
Shareholder	: ビンゴ ルーレット 100%
Business	: Ownership and operation of dry bulk carriers (mainly Capesize), and other services related to vessel operation