Newly Developed Large Bulk Carrier Cape Canary Delivered

Tokyo, November 10, 2009 — Kawasaki Shipbuilding Corporation today delivered the Cape Canary bulk carrier to “K” Line Bulk Shipping (UK) Limited at its Sakaide Shipyard.The carrier, identified as Kawasaki hull No. 1634, is the first state-of-the-art bulk carrier with 180,000 DWT to be developed by Kawasaki Shipbuilding. The Cape Canary boasts one of the largest cargo capacities among vessels that can enter France’s Port of Dunkirk.

The 292.00-meter-long bulk carrier is fully compliant with the new bulk carrier hull strength rules (IACS Common Structural Rules) for enhanced safety. The vessel employs the latest in technology to achieve maximum fuel economy, including an energy-saving main diesel engine, highly efficient propellers, as well as the Kawasaki semi-duct system with contra fins (SDS-F) and rudder bulb with fins (RBS-F), which all contribute to the vessel’s enhanced propulsion performance. The Cape Canary also employs double-hull fuel oil tanks and electrical deck machinery to prevent marine pollution. Another feature of the bulk carrier is its anti-corrosion coatings that comply with the new performance standards regarding protective coatings (PSPC) for ballast tanks to ensure paint quality that is better than ever.