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Ocean Prometheus, a New Bulk Carrier, Delivered

May 28, 2007

Ocean Prometheus, a New Bulk Carrier, Delivered

On May 25, 2007, Nippon Yusen Kaisha (NYK; Head office: Chiyoda-ku, Tokyo; President: Koji Miyahara) took delivery of a new 200,000 DWT bulk carrier built by Universal Shipbuilding Corporation (Head Office: Kawasaki City, Kanagawa Prefecture; President: Shin Takeuchi).

The vessel was named Ocean Prometheus and will soon be put in service under an 18-year contract with Korea East-West Power Co., Ltd. (EWP) for the transport of coal from Australia to Dangjin, where EWP has a power station. This will be the largest coal carrier in the world to serve under a long-term contract.

Immediately before the delivery of the vessel, a naming ceremony was held at Universal Shipbuilding's Ariake Shipyard. Universal Shipbuilding president and CEO Jung Tay-Ho and his wife, in addition to NYK executive vice-president Yasushi Yamawaki and his wife, among others, attended the ceremony. The bulk carrier then embarked on its first voyage to the port of Abbot Point in Australia for loading.

Principal Particulars for Ocean Prometheus:
Shipbuilder Universal Shipbuilding Corporation
Gross Tonnage 101,953 tons
Deadweight Tonnage 203,200 tons
Length Overall 299.95 meters
Breadth 50.00 meters
Draft (design) 16.10 meters
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