COSCO Shipyards Deliver 2 More Bulk Carriers

Press Release
Wednesday, June 20, 2012

COSCO Singapore announces delivery from its Chinese shipyards of two bulk carriers to European owners

COSCO Corporation (Singapore) Limited announces that subsidiaries of the Company’s 51% owned COSCO Shipyard Group Co., Ltd have made the following deliveries:

1. COSCO (Zhoushan) Shipyard Co., Ltd has delivered a bulk carrier of 57000 DWT, “FEDERICA”, to its European buyer.

2. COSCO (Guangdong) Shipyard Co., Ltd has delivered a bulk carrier of 57000 DWT, “CONTI FUCHSIT”, to its European buyer.

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.

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