Delivery of vessel

25 November 2013

The Board of Directors of COSCO Corporation (Singapore) Limited (the “Company”) wishes to announce that COSCO (Guangdong) Shipyard Co., Ltd (“COSCO Guangdong”), a subsidiary of the Company's 51% owned COSCO Shipyard Group Co., Ltd, has delivered a bulk carrier of 57000DWT, “IOANNIS G”, to its European buyer.

The delivery documents were signed by and between COSCO Guangdong and the buyer recently.

The bulk carrier measures 189.99 meters in LOA (length of all), 32.26 meters in breadth and 18 meters in depth.

By Order of the Board
Wu Zi Heng
Vice Chairman and President
27 January 2014

Cosco Corporation (Singapore) Limited, press release