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China Shipyards Deliver Three Bulk Carriers

Maritime Activity Reports, Inc.

September 14, 2012

COSCO Corporation (Singapore) announce deliveries of three bulk ships from its shipyards in China.

Subsidiaries of the Company’s 51% owned COSCO Shipyard Group Co., Ltd have made the following deliveries:

COSCO (Zhoushan) Shipyard Co., Ltd has delivered two bulk carriers of 57000 dwt, measuring 189.99 meters in LOA, 32.26 meters in breadth and 18 meters in depth. “OBSERVATOR” and “VOYAGER”, respectively to its European buyers.

COSCO (Dalian) Shipyard Co., Ltd has delivered a bulk carrier of 57000 DWT, “GUOTOU 106”, to its Chinese buyer.

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