DELIVERY OF VESSEL

21 May 2010


The Board of Directors of COSCO Corporation (Singapore) Limited (the “Company”) wishes to announce that COSCO (Dalian) Shipyard Co., Ltd (“COSCO Dalian”) (being a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co) has delivered a bulk carrier of 57,000 dwt, “Banos A”, to its buyer. The delivery documents were signed by and between COSCO (Dalian) with the buyer in May 2010.

The bulk carrier measures 18 meters high, 32.26 meters wide, and 189.99 meters long.



Cosco Corporation (Singapore) Limited