Delivery of vessels

11 March 2016





The Board of Directors of COSCO Corporation (Singapore) Limited (the “Company”) wishes to announce that shipyards, which are subsidiaries of the Company’s 51% owned subsidiary COSCO Shipyard Group Co., Ltd, have delivered one (1) Salvage Lifting Vessel and one (1) Oil Tanker as follow:

1. COSCO (Zhoushan) Shipyard Co., Ltd
Delivery of a 111,000 DWT Oil Tanker, “FRONT LYNX” to its European buyer. The vessel measures 252 meters in LOA (length of all), 44 meters in breadth and 21 meters in depth.

2. COSCO (Dalian) Shipyard Co., Ltd
Delivery of a Salvage Lifting Vessel, “DE BO 2” to its Asian buyer. The vessel measures 159.6 meters in LOA (length of all), 38.80 meters in breadth and 10.90 meters in depth.

The delivery documents were signed by and between the shipyards and the respective buyers recently.

By Order of the Board
Wu Zi Heng
Vice Chairman and President
11 March 2016

Cosco Corporation (Singapore) Limited