COSCO Delivers Three Large Bulk Carriers

Press Release
Tuesday, May 22, 2012

COSCO Corporation (Singapore) announce that subsidiaries of the Company’s 51% owned COSCO Shipyard Group have delivered three more bulk carriers to Asian owners

1. COSCO (Guangdong) Shipyard Co., Ltd has delivered two bulk carriers of 57000 DWT, “Wuxing 5” and “APJ SHIRIN”, respectively to its Asian buyers.

2. COSCO (Dalian) Shipyard Co., Ltd has delivered a bulk carrier of 92500 DWT, “OCEAN SAPPHIRE”, to its Asian buyer.

All the delivery documents were signed by and between the COSCO shipyards and the respective buyer in May 2012.

The bulk carriers of 57000 DWT measure 189.99 meters in LOA (length of all), 32.26 meters in breadth and 18 meters in depth. The bulk carrier of 92500 DWT measures 229.2 meters in LOA (length of all), 38 meters in breadth and 20.7 meters in depth.

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