"PU LAN HAI" Delivered

Date:2010-4-2

N158, the 57,000 DWT bulk carrier being built in COSCO Dalian Shipyard, was named "PU LAN HAI" on 12th March. This bulk carrier is the second vessel in the three 57,000 DWT bulk carrier series being built for COSCO Bulk Carrier Co., Ltd..

Mr. Lv Zuohan, Deputy Managing Director of COSCO Bulk Carrier Co., Ltd., Mr.Wang Xingru, President of COSCO Shipyard Group, Mr.Yan Chengxiang, Vice-president of COSCO Shipyard Group and General Manager of COSCO Dalian Shipyard, Mr.Chen Siyang, Vice-general manager of BV Class China, Mr.Chen Daming, General Manager of COSCO International Ship Trading Co. Ltd., and representatives from relevant departments attended the christening & delivery ceremony.

At the ceremony, Mr. Lv Zuohan named the vessel "PU LAN HAI" and sounded the siren together with Mr.Wang Xingru in the steering room. It symbolized the conclusion of this fruitful cooperation between the two parties.

"PU LAN HAI" set sail on her maiden voyage the next morning. Thus, in total, five 57,000DWT bulk carriers have been successfully delivered by COSCO Dalian Shipyard.

COSCO Shipyard Group Co. Ltd.