TSUNEISHI HEAVY INDUSTRIES (CEBU), Inc., an Overseas Group Company of TSUNEISHI SHIPBUILDING, Completes and Delivers the Group’s 3rd “TESS45BOX” Bulk Carrier

November 5, 2014

TSUNEISHI HEAVY INDUSTRIES (CEBU)

[Products] [Technology/development]

TSUNEISHI HEAVY INDUSTRIES (CEBU), Inc., an Overseas Group Company of TSUNEISHI SHIPBUILDING, Completes and Delivers the Group’s 3rd “TESS45BOX” Bulk Carrier

GLOBAL CORAL′ s sea trial

On October 24, 2014, TSUNEISHI SHIPBUILDING Co., Ltd. (Head office: Fukuyama City, Hiroshima Prefecture) completed construction of "GLOBAL CORAL", a 45,300 MT type bulk carrier "TESS45BOX", at group company TSUNEISHI HEAVY INDUSTRIES (Cebu), Inc., and delivered her to ship owner.

・TSUNEISHI SHIPBUILDING Co., Ltd.
http://www.tsuneishi.co.jp/english/

・TSUNEISHI HEAVY INDUSTRIES (Cebu), Inc.
http://www.thici.com/

TESS45BOX is a new developed ship subsequent to the TESS45 45,000-ton bulk carrier, of which a total of 69 vessels had been built since the 1990s. TESS45BOX was developed and reintroduced to the market in 2011, this is the 3rd ship built by the group. She covers the diversified patterns of calling at port for bulk carriers ranging from 37,000 to 45,000 tons. At 183 meters in length, this new model is 3 meters shorter than the TESS45 (45,000 ton type bulk carrier), and this more compacted size enables to satisfy of more flexible combinations of port calls. A new box shape (for box-shaped cargo) has been adopted in this model, to enable to fix to the requirement of high efficient loading and shipment not only of bulk cargo such as grain and coal but also of square-shaped cargo such as pulp and steel products such as pipes. This increases value for customers, such as by making it easy to load and unload cargo through the wide access area by increasing of the efficiency in cargo handling and maintenance. Also, various improvements in hull shape and environment devices over the 30year development of the TESS, Tsuneishi Economical Standard Ship, Series have been introduced, and these have resulted in a more energy-saving vessel as eco-friendly ship, which has about 13% higher fuel efficiency than the one of TESS45.

■About the " GLOBAL CORAL "
Type:45,300 MT bulk carrier "TESS45BOX"
Ship Name:GLOBAL CORAL
Length:186.0 meters
Breadth:30.4 meters
Depth:16.5 meters
Deadweight:45,418 metric tons
Gross Tonnage:27,460
Main Engine:三井M.A.N.-B&W 6S50MC(MARK6)DERATING TYPE
Service Speed:14.5 knots (normal PS)
Shipyard:TSUNEISHI HEAVY INDUSTRIES (CEBU), Inc.

■About TSUNEISHI HEAVY INDUSTRIES (CEBU), Inc.
TSUNEISHI HEAVY INDUSTRIES (CEBU) Inc. is a joint venture between Japan-based shipbuilder Tsuneishi Group(head office: Fukuyama, Hiroshima,Japan) and the Aboitiz Group. TSUNEISHI HEAVY INDUSTRIES (CEBU), group company of TSUNEISHI SHIPBUILDING Co., Ltd., is celebrating its 20th year in operation in Balamban, Cebu, Philippines. TSUNEISHI HEAVY INDUSTRIES (CEBU) builds about 20 vessels per year, centered on 30,000 ton to 180,000 ton class bulk carriers, and is one of the top shipyards in the Philippines. It employs over 10,000 people directly or through cooperative companies. TSUNEISHI HEAVY INDUSTRIES (CEBU), Inc. received the Hall of Fame Award for Outstanding Community Projects and the Outstanding Exporter in the large enterprise category from the Philippine Economic Zone Authority (PEZA) making it the company’s 9th recognition.

URL:http://www.thici.com/
Business:Shipbuilding and repair
Established:September 1994
Employees:Approx. 13,000 (including subcontractor workers and affiliate companies)
Shipyard area:Approx. 1,470,000 square meters
Main facilities:Two building slipways, one building dock, two 1300-ton floating cranes, etc.
Ship type of delivered:Bulk carriers, pure car & truck carriers

- For inquiries regarding this matter, contact: -
TSUNEISHI HOLDINGS CORPORATION
Marketing Communication Dept.
pr@tsuneishi.com
Head Office (Fukuyama) TEL: +81-84-987-4915
Tokyo Office TEL: +81-3-3264-7733