New NYK LNG Vessel is named 'Pacific Arcadia'

On September 11, a naming ceremony for a new LNG vessel ordered by Nippon Yusen Kabushiki Kaisha (NYK) was held at the Nagasaki Shipyard & Machinery Works of Mitsubishi Heavy Industries Ltd. (head office: Tokyo; president and CEO: Shunichi Miyanaga). At the ceremony, Toshihiro Sano, executive vice president of Tokyo Electric Power Company (TEPCO; head office: Tokyo; president: Naomi Hirose), named the ship Pacific Arcadia, and his wife cut the ceremonial rope holding the vessel in place. NYK president Yasumi Kudo was also in attendance.

“Arcadia” means “paradise, utopia,” and conjures the tropical image of Papua New Guinea, from where the LNG will originate. Moreover, the country’s national bird is the bird of paradise.

After delivery, Pacific Arcadia will be assigned to transport LNG for TEPCO from Papua New Guinea for 15 years under the operational management of LNG Marine Transport Ltd. (head office: Tokyo; president: Hiroyasu Murakashi).

In accordance with its medium-term management plan “More Than Shipping 2018,” NYK will continue its efforts to provide stable and economical LNG transport services.

I. Outline of LNG Carrier

(1)	Cargo tank capacity	about 145,400 cubic meters
(2)	Gross tonnage	about 123,000 tons
(3)	Length overall	about 288 meters
(4)	Breadth	49 meters
(5)	Main engine	steam turbine
(6)	Shipbuilder	Nagasaki Shipyard & Machinery Works, Mitsubishi Heavy Industries Ltd.
(7)	Delivery	October 2014
(8)	Operational management	LNG Marine Transport Ltd.

II. Outline of Operator

(1)	Company name	LNG Marine Transport Ltd.
(2)	Address	3-25-5, Ryogoku, Sumida-ku, Tokyo
(3)	Representative	Hiroyasu Murakashi, president
(4)	Description of business	Operational management of the maritime transport of liquefied natural gas
(5)	Capital	460 million yen
(6)	Equity ownership	Tokyo Electric Power Company 70%; Mitsubishi Corporation 15%; Nippon Yusen Kabushiki Kaisha 15%