Bulk Carrier Nord Explorer Launched

 Tokyo, February 23, 2006 – Kawasaki Shipbuilding Corporation today launched the Nord Explorer bulk carrier for Panama-based Peony Shipholding, S.A. at its Kobe Shipyard. The carrier, identified as Kawasaki hull No. 1565 and the eighth 55,500 DWT bulk carrier developed by Kawasaki Shipbuilding, will be delivered in May 2006 after outfitting at the quay of the Shipyard.

 The 189.9 m vessel has a flush deck with forecastle and five holds that are designed for optimum transport of grains, coals, ores and steel products. A new proprietary bow designed to reduce wave resistance allows the ship to operate with less fuel. Four 30 ton deck cranes are installed in the center in between hatch covers to enable cargo loading and unloading in ports where no cargo handling facilities are available. It is powered by a lightweight, compact Kawasaki-MAN B&W 6S50MC-C high-output engine.