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Nippon Kokan announces the completion of JAPAN'S MOST VERSATILE SHIPYARD Tsu Shipyard 1st launching December 1969 Yet just a little over two years ago the site of the versatile new Tsu Shipyard with a 500,000DWT capacity building dock and a 375,000DWT repair dock was part of the sea. Nippon Kokan technology spearheaded reclaiming of the land, building the shipyard and launching the first vessel —all in the fantastic time of only 25lA months! The new Tsu Shipyard significantly boosts the far- ranging capabilities of Nippon Kokan in shipbuilding. Tsu specializes in mammoth, cost-saving ore/oil carriers, ore/bulk/oil carriers and super tankers of 100,000DWT and up, utilizing Japan's largest and most efficient docks —one for building, the other for repair- ing and remodeling. For shipbuilding versatility at its very best, the symbol of efficiency and dependability is Nippon Kokan-Japan's only steelmaker-shipbuilder. © NIPPON KOKAN Head Office: Tokyo, Japan Telex: NKK TK 4391 Overseas Offices: New York. Los Angeles, Duesseldorf, London, Singapore and Hong Kong April 1, 1970 51