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NYK Line, Transnational Diversified Maritime Academy Opens

Maritime Activity Reports, Inc.

July 9, 2007

Nippon Yusen Kabushiki Kaisha (NYK) and the Transnational Diversified Group (TDG) welcomed around 950 students and guests to the grand opening of the new NYK-TDG Maritime Academy in Canlubang, Philippines. NYK and its business partner TDG decided to establish this maritime college, which will educate and train future crew members during their school years so that they will not only be able to handle issues involving management but will also gain practical knowledge that is required on board vessels.

Those attending the event included Gloria Macapagal-Arroyo, president of the Philippines; Philippine government officials; Koichiro Yamazaki, Japanese ambassador to the Philippines; and parents and family members of the 120 excited new students. NYK president Koji Miyahara welcomed those in attendance and offered a prayer for the success of the new college.

With the expectation of an increased need for seafarers as shipping demands increase, there is an urgency to recruit and train highly skilled individuals to man NYK's vessels.

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