Delivery of vessel

26 March 2014

The Board of Directors of COSCO Corporation (Singapore) Limited (the "Company") wishes to announce that COSCO (Dalian) Shipyard Co., Ltd ("COSCO Dalian"), a subsidiary of the Company's 51% owned COSCO Shipyard Group Co., Ltd, has delivered a bulk carrier of 82000DWT, "UNION VOYAGER", to its European buyer.

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

The bulk carrier measures 229 meters in LOA (length of all), 32.26 meters in breadth and 20.25 meters in depth.

Cosco Corporation (Singapore) Limited