Bulk Carrier Calypso Colossus Delivered

Tokyo, January 8, 2009 — Kawasaki Shipbuilding Corporation today delivered the Calypso Colossus bulk carrier for “K” Line Pte. Ltd. at its Sakaide Shipyard. The carrier, identified as Kawasaki hull No.1610 and the 23rd 55,429 DWT bulk carrier developed by Kawasaki Shipbuilding.

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.