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New NYK LNG Vessel is named 'Pacific Arcadia'

September 16, 2014

On September 11, a naming ceremony for a new LNG vessel ordered by Nippon Yusen Kabushiki Kaisha (NYK) was held at the Nagasaki Shipyard & Machinery Works of Mitsubishi Heavy Industries Ltd. (head office: Tokyo; president and CEO: Shunichi Miyanaga). At the ceremony, Toshihiro Sano, executive vice president of Tokyo Electric Power Company (TEPCO; head office: Tokyo; president: Naomi Hirose), named the ship Pacific Arcadia, and his wife cut the ceremonial rope holding the vessel in place. NYK president Yasumi Kudo was also in attendance.
“Arcadia” means “paradise, utopia,” and conjures the tropical image of Papua New Guinea, from where the LNG will originate. Moreover, the country’s national bird is the bird of paradise.
After delivery, Pacific Arcadia will be assigned to transport LNG for TEPCO from Papua New Guinea for 15 years under the operational management of LNG Marine Transport Ltd. (head office: Tokyo; president: Hiroyasu Murakashi).

In accordance with its medium-term management plan “More Than Shipping 2018,” NYK will continue its efforts to provide stable and economical LNG transport services.

I. Outline of LNG Carrier

Cargo tank capacity
about 145,400 cubic meters
Gross tonnage
about 123,000 tons
Length overall
about 288 meters
49 meters
Main engine
steam turbine
Nagasaki Shipyard & Machinery Works, Mitsubishi Heavy Industries Ltd.
October 2014
Operational management
LNG Marine Transport Ltd.

II. Outline of Operator

Company name
LNG Marine Transport Ltd.
3-25-5, Ryogoku, Sumida-ku, Tokyo
Hiroyasu Murakashi, president
Description of business
Operational management of the maritime transport of liquefied natural gas
460 million yen
Equity ownership
Tokyo Electric Power Company 70%; Mitsubishi Corporation 15%; Nippon Yusen Kabushiki Kaisha 15%

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