Progress Update on AAL Newbuilding Program

19th September 2011

To our valued Clients

As you are aware, Austral Asia Line (“AAL”) has embarked on a major tonnage upgrade programme to support AAL’s position as a leading multi-purpose liner service provider in the Asia-Australia trade, servicing the Breakbulk, Heavy-Lift and Project Cargo market.

The first units of AAL’s fleet of newbuildings comprising of 10x 31,000 DWT A-Class types plus 4x 19,000 DWT S-Class MPP/Heavy-Lift vessels, have been delivered by the respective shipyards and introduced to the AAL liner services (“AAL BRISBANE”, “AAL KEMBLA” and “AAL FREMANTLE”).

Unfortunately the delivery of the second S-Class vessel “AAL DAMPIER” has been delayed by the yard and updated delivery dates are reflected in the schedule.

Existing bookings will be transferred to the next available vessel accordingly.

Singapore/Brisbane

AUWC Trade Dept