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China COSCO Yards Deliver Tender Rigs, Capesize Bulk Carrier

Maritime Activity Reports, Inc.

June 6, 2013

COSCO (Nantong) Shipyard deliver two tender rigs, & COSCO (Zhoushan) Shipyard a Capesize bulk carrier.

COSCO (Nantong), a subsidiary of the Company's 51% owned COSCO Shipyard Group Co., Ltd, has delivered two tender rigs "T-16" and "T-17", to Seadrill. The delivery documents were signed by and between COSCO Nantong and Seadrill recently.

At almost the same time COSCO announced that COSCO (Zhoushan) has delivered a bulk carrier of 82000 dwt, "DL DAHLIA", to its Asian buyer. The dimensions of the new ship are: 229 meters in LOA and 32.26 meters in breadth.

COSCO inform that the delivery documents were signed by and between COSCO Zhoushan and the buyer on 28 May 2013.

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