New Bulk Carrier, Shin Sanyo Maru, Delivered
March 1, 2007

On February 28, 2007, Nippon Yusen Kaisha (NYK; Head office: Chiyoda-ku, Tokyo; President: Koji Miyahara) took delivery of a new 90,000 DWT bulk carrier built by Oshima Shipbuilding Co. Ltd. (Head Office: Saikai City, Nagasaki Prefecture; President: Sho Minami).
The new bulk carrier has been named Shin Sanyo Maru and is the fourth vessel to be used entirely for the transport of coal for Chugoku Electric Power Co. Inc. All four of the bulk carriers are wide and have shallow drafts,* features that are common on modern vessels used for coal transport, and transport their cargo to power stations, including Misumi Power Station in Shimane Prefecture. The new bulk carrier will be used for the transport of coal from mainly Australia and Indonesia to Chugoku Electric power stations and coal centers in Japan.
Immediately before the delivery of the vessel, a naming ceremony was held at Oshima Shipbuilding. Mr. Yasushi Yamawaki, NYK executive vice-president, and his wife, in addition to Mr. Shigeo Suehiro, Chugoku Electric executive vice-president and director, and his wife, attended among others. The bulk carrier then embarked on its first voyage to the port of Newcastle in Australia for loading.
Principal Particulars for Shin Sanyo Maru| Shipbuilder | Oshima Shipbuilding Co. Ltd. |
| Gross Tonnage (G/T) | approximately 50,500 tons |
| Deadweight Tonnage (DWT) | approximately 89,999 tons |
| Length Overall | 235.00 meters |
| Breadth | 43.00 meters |
| Depth | 18.55 meters |
| Draft (design) | 12.90 meters |
* These features are necessary for the transportation of large bulk resources to ports that have depth limitations. Typically, a 70,000 DWT Panamax vessel is used for the transport of such resources, but we have been able to improve on the Panamax design and add 20,000 DWT to the capacity of the vessel.

