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Lloyd’s Register to Class New Fleet of Container Ships

Maritime Activity Reports, Inc.

January 27, 2003

Lloyd’s Register will class a series of five 8,100teu container ships to be built at Samsung Heavy Industries. The ships, ordered by Seaspan and China Shipping Group, are the largest container vessels to be built in South Korea. Lloyd’s Register, the market leader for construction of this size of container vessel, won this contract with a comprehensive package of benefits relating to each stage of the design, new construction and operation phases. Alan Gavin, Lloyd’s Register Marine Director, said: “We are delighted that Seaspan chose us to class their new ships. We have excellent relations with Seaspan in both Vancouver and Asia and are looking forward to working together closely on this project.” Seaspan Ship Management Vice President, Peter Curtis, supported this by saying: “We looked for the best resources for this prestigious project. Our confidence is met by what we have discussed and seen with Lloyd’s Register, both globally and especially in Korea.”