Newly Built Capesize Bulker SG Capital Delivered

January 8, 2009

On December 22, a new Capesize bulker of 200,000 DWT, SG Capital, was completed at Universal Shipbuilding Corporation’s Tsu Shipyard in Mie Prefecture. The ship will be engaged in a 15-year long-term contract for iron-ore transportation with Shougang Corporation of China. A total of 2 million tons of iron ore will be transported annually from Western Australia

Many guests attended the naming ceremony at Tsu Shipyard, including Zhu Jimin, chairman of the Shougang Group, NYK vice president Hiromitsu Kuramoto, and NYK director managing corporate officer Hidenori Hono, all of whom watched the ship set sail on its maiden voyage.

NYK Line