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December 1, 2015
Kawasaki Kisen Kaisha, Ltd.

New LNG Carrier for Chubu Electric Named “BISHU MARU”

Kawasaki Kisen Kaisha, Ltd. (“K” Line) held a naming ceremony for the newly-built liquefied natural gas (LNG) carrier (*1) for Chubu Electric Power Co., Inc. (Chubu Electric) at Sakaide Shipyard of Kawasaki Heavy Industries, Ltd. (KHI) today.

The new vessel was given her name “BISHU MARU” by President & Director Satoru Katsuno of Chubu Electric, the Charterer.

“BISHU MARU” comes from the name of an old district in western Aichi Prefecture named “Owari” where an LNG receiving terminal of Chubu Electric is located. In addition, she is the second generation with this name which was handed down from an earlier LNG carrier, the first to have been managed by a shipping company in Japan, which was also managed by “K” Line and completed at the Sakaide Shipyard of KHI in 1983 as well.

“BISHU MARU” will mainly serve on the transportation route between Australia and Japan after delivery, and is expected to contribute to stable transportation of energy in Japan which her predecessor faithfully carried out for many years.

“K” Line is dedicated to contribute in meeting the expanding needs of LNG transportation with a view to simultaneously developing a more stable earnings structure as a part of our medium-term management plan “ Value for our Next Century” that was newly introduced earlier this year.

Main Particulars of the Vessel:

   Charterer     

  Chubu Electric                  

  Construction Yard

   KHI Sakaide Shipyard

   LOA

   About 293m

   Beam 

   48.9m (*2)

   Tank Capacity 

   164,700m3

   Boil Off Rate (*3) 

   0.08% per day

   Propulsion System 

   Reheat Steam Turbine (Kawasaki Advanced Reheat Turbine Plant) (*4)

   Speed

   19.5 Knot

 (*1) Please refer to the press release on March 29, 2013:
      “K” Line to enter Long-Term Time Charter and Construction of LNG Carrier to serve Chubu Electric

(*2) Allowable width to pass through the Panama Canal after the expansion.

(*3) Boil Off Rate (BOR): Ratio of natural vaporized gas against maximum tank capacity to indicate capability of tank 
       heat-insulation system.

(*4) Reheat Turbine Plant: Next-generation LNG carrier propulsion plant of high thermal efficiency and high reliability, 
      incorporating the most advanced materials and control technologies including improvements in steam conditions to
      raise the thermal efficiency.


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