NKK Corp. has delivered the 172,559DWT bulk carrier, Cape Salvia, to its owner Pinos Maritime S.A. of Panama. The bulk carrier is the ship of designed with the Ax-bow developed by NKK, which is effective to reduce the sea margin. The Ax-Bow allows 20-30 percent reduction in ship’s sea margin compared with the conventional bow. The Ax-Bow is a sharp-edged bow shape above the waterline. This is effective in cutting through the waves, and decreases the sea margin, or engine output is maintained constant ship speed in rough sea. The Ax-Bow, therefore, is expected to be more effective to full hull form ships like bulk carriers and tankers.