Bulk Carrier Bulk Chile Launched

Tokyo, Oct. 30, 2008 — Kawasaki Shipbuilding Corporation today launched the Bulk Chile bulk carrier for Panama-based Forever Shipping, S.A. at its Kobe Shipyard. The carrier, identified as Kawasaki hull No. 1613 and the 24th 55,100DWT bulk carrier developed by Kawasaki Shipbuilding, will be delivered in January 2009 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.