MOL Announces On-Time Arrival Performance Results for July - September 2015

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Ann Roberts
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1 Tel : Fax : MOL Announces On-Time Arrival Performance Results for July - September 2015 October 29, 2015 Hong Kong Mitsui O.S.K. Lines, Ltd. (MOL; President: Junichiro Ikeda) today announced the On-Time Arrival Performance quarterly results for July to September 2015 for the major trade lanes as an effort of upgrading and improving the quality of services MOL Liner offers. MOL has established a set of goals for KPIs including on-time arrival performance to offer industry-leading transparency to customers and to showcase MOL's strength as a carrier that provides high quality service. (Press release issued on March 2, 2012) Measurement criteria are: Scope of trade lanes is East-West Trade: Asia-U.S. West Coast, Asia-U.S. East Coast, Transatlantic, Asia-Europe, Asia-Mediterranean North-South Trade: Intra Asia Trade: Asia-East Coast South America, Asia-Mexico/West Coast South America, Europe-Africa Intra Asia When a vessel arrives at the first port of destination area for both directions, eastbound and westbound, within 24 hours of scheduled time of arrival, the voyage is regarded as On-Time Arrival. In each trade, Table 1 covers all vessels in the above scope and Table 2 covers vessels under MOL operations. Both results are weight-averaged based on MOL space allocation of each service. 1

2 I. East-West Trade (Table 1) MOL East-West Trades On-Time Arrival Performance (All vessels) (No. of services) Asia U.S. West Coast (11) 51% 46% 74% 75% Asia U.S. East Coast (7) 44% 59% 79% 82% Transatlantic (1) 42% 31% 83% 88% Asia Europe (5) 59% 55% 85% 82% Asia Mediterranean (2) 73% 64% 78% 88% Measured 26 services on MOL s East-West trade route on all vessels (Table 2) MOL East-West Trades On-Time Arrival Performance (MOL vessels under our operation) (No. of services) Asia U.S. West Coast (2) 68% 45% 82% 98% Asia U.S. East Coast (2) 56% 70% 60% 90% Transatlantic (N/A) 64% N/A N/A N/A Asia Europe (3) 52% 61% 81% 100% Asia Mediterranean (1) N/A N/A 100% 89% Measured 8 services on MOL s East-West trade route on MOL s own vessels 2

3 Note: Both Asia U.S. West Coast and Asia U.S. East Coast services continued to improve in overall on-time performance. In particular, vessels under MOL operation achieved 98% and 90% on-time performance respectively. Considerable alleviation of terminal congestion at Oakland contributed to the improvement. The Asia Europe services maintained a high level of on-time reliability and vessels under MOL operation achieved 100% on-time performance. Asia Mediterranean services maintained a high level of on-time performance. II. North-South Trade The below services are measured: Asia ECSA ( East Coast South America ) (CSW) Asia Mexico/WCSA ( West Coast South America ) (CWL) Europe South Africa (SRX) The measuring ports are as follows: First Discharge port Service South Bound (Asia to ECSA) North Bound (ECSA to Asia) CSW (10/10) Santos Singapore First Discharge port Service East Bound (Asia to WCSA) West Bound (WCSA to Asia) CWL (3/11) Manzanillo, Mexico Tokyo First Discharge port Service South Bound (Europe to South Africa) North Bound (South Africa to Europe) SRX (2/8) Cape Town Rotterdam Note: (number of MOL vessels / number of all vessels in a service) 3

4 (Table 1) MOL North-South Trades On Time Arrival Performance (All vessels) (No. of services) Asia - ECSA (CSW) (1) 92% 100% 100% 96% Asia - WCSA (CWL) (1) 87% 93% 100% 86% Europe South Africa (SRX) (1) N/A 65% 96% 83% Measured 3 services on MOL s North South trade route on all vessels (Table 2) MOL North-South Trades On-Time Arrival Performance (MOL vessels under our operation) (No. of services) Asia ECSA (CSW) (1) 92% 100% 100% 96% Asia WCSA (CWL) (1) 100% 86% 100% 100% Europe South Africa (SRX) (1) N/A 67% 100% 100% Measured 3 services on MOL s North South trade route on MOL s own vessels Note: Asia ECSA service maintained high on-time performance. A delay was only observed due to strong wind while the vessel was passing South Africa waters. Asia WCSA service under MOL operation achieved 100% on-time performance continuously while overall performance reduced to 86% due to occasional berth congestion affecting partners operating voyages. Europe South Africa service under MOL operation continuously achieved 100% ontime performance. The overall performance decreased due to inclement weather and berth congestion at South African ports affecting partners operating voyages. 4

5 III. Intra Asia Trade The below services are measured: Japan Hong Kong/Straits (CHS/HS3) Japan Thailand (CBE/CBW) The measuring ports are as follows: Service South Bound North Bound CHS (3/3) Singapore Tokyo HS3 (3/4) Singapore Osaka CBE (3/3) Laem Chabang Tokyo CBW (3/3) Laem Chabang Osaka Note: (number of MOL vessels / number of all vessels in a service) (Table 1) MOL Intra Asia Trades On-Time Arrival Performance (All vessels) (No. of services) CHS (Japan - Hong Kong/Straits) (1) 65% 88% 100% 81% HS3 (Japan - Hong Kong/Straits) (1) 69% 96% 81% 92% CBE (Japan - Thailand) (1) 63% 96% 96% 67% CBW (Japan -Thailand) (1) 32% 79% 100% 73% Measured 4 services on MOL s Intra Asia trade route on all vessels 5

6 (Table 2) MOL Intra Asia Trades On-Time Arrival Performance (MOL vessels under our operation) (No. of services) CHS (Japan-Hong Kong/Straits) (1) 65% 88% 100% 81% HS3 (Japan-Hong Kong/Straits) (1) 68% 95% 84% 95% CBE (Japan-Thailand) (1) 63% 96% 96% 67% CBW (Japan-Thailand) (1) 32% 79% 100% 73% Measured 4 services on MOL s Intra Asia trade route on MOL s own vessels Note: A typhoon impacted Japanese ports and Hong Kong and caused some delays on the Intra-Asia services. The CHS on-time performance slipped to 81% as a result. For the HS3, MOL was still able to achieve a strong on-time performance result of 95% because of a relatively large buffer time in the HS3 schedule that enabled catch-up once delayed by the typhoon. Performance of the CBE and the CBW was primarily impacted by the typhoon, occasional port congestion at Laem Chabang, and a crane breakdown at Manila. 6

MOL Announces On Time Arrival Performance. Results for July - September 2014

Tel : 852-2823-6800 Fax : 852-2865-0906 MOL Announces On Time Arrival Performance Results for July - September November 11, Hong Kong Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced