| December 14, 2007 |
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| Delivery of 145,000m3 LNG Carrier "CELESTINE RIVER" for Cheniere Project
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| Kawasaki Kisen Kaisha, Ltd. ("K" Line) is pleased to announce the successful
delivery of its brand new 145,000m3 Liquefied Natural Gas (LNG) Carrier
"CELESTINE RIVER", constructed at Kawasaki Shipbuilding Corporation’s Sakaide
Shipyard in Kagawa, Japan. "K" Line LNG Shipping (UK) Limited (KLNG), headquartered
in London, is the sole owner of the vessel, and will also be responsible
for the ship management of "CELESTINE RIVER" followed by two vessels for
the Snøhvit project and one vessel for the Qatar Gas project. "K" Line
Group will, consequently, bring its LNG Carrier fleet to 32 vessels in
total, including 8 vessels managed by "K" Line Group. |
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| Responding to the existing business in the Japanese market and a growing
interest in the Atlantic basin, "K" Line Group completed its formulation
of a trilateral framework among the "K" Line global bases in the UK, the
US and Japan. "K" Line Group is ready to respond to increasing and diversified
LNG shipping needs, such as short-mid term and spot charters. For these
reasons, KLNG will be owning and managing this vessel. |
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| This vessel will be chartered for a period of a maximum of ten years to
a subsidiary of Cheniere Energy, Inc., an American energy company, soon
after the delivery. KLNG will step up its endeavors to further strengthen
its transport capabilities and will flexibly and positively respond to
the increasing and diversified global LNG shipping demands. |
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| While this 145,000m3 Moss type LNG Carrier, "CELESTINE RIVER", was constructed
as a multi-functional versatile vessel, it is compatible with many major
existing LNG terminals around the world. This vessel will be utilized for
transporting LNG primarily to LNG receiving terminals being developed by
Cheniere Energy in the US. Responding to the growing demands of global
LNG trading, this brand new vessel promises efficient, reliable and customer-friendly
LNG transportation. |
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| Ship Particulars: |
| "CELESTINE RIVER" |
| LOA |
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289.7m |
| Breadth |
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49.0m |
| Depth |
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27.0m |
| Dead Weight |
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77,163mt |
| Cargo Tank Type |
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Moss Spherical |
| Cargo Tank Capacity |
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App. 145,394 m3 |
| Builder |
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Kawasaki Shipbuilding Corporation |
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| For further details, please contact: |
| Kawasaki Kisen Kaisha, Ltd. ("K" Line): |
| Hiromichi Aoki |
General Manager, LNG Group |
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Tel : +81-3-3595-5478 Fax : +81-3-3595-5512 |
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| Tomoyuki Okawa |
Deputy General Manager, LNG Group |
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Manager, LNG Team No. 3, LNG Group |
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Tel : +81-3-3595-5500 Fax : +81-3-3595-5512 |
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