Delivery of Vessel

19 March 2015

The Board of Directors of COSCO Corporation (Singapore) Limited (the “Company”) wishes to announce that COSCO (Zhoushan) Shipyard Co., Ltd (“COSCO Zhoushan”), a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered a 64,000 DWT bulk carrier, “DARYACHAND”, to its Asian Buyer.

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

The vessel measures 199.90 meters in LOA (length of all), 32.26 meters in breadth and 18.5 meters in depth.

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

Cosco Corporation (Singapore) Limited