Delivery of vessel

12 November 2012

The Board of Directors of COSCO Corporation (Singapore) Limited (the “Company”) wishes to announce that COSCO (Nantong) Shipyard Co., Ltd (“COSCO Nantong”), a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered one windmill turbine installation vessel (WTIV) “SEA INSTALLER” to its European buyer.

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

The “SEA INSTALLER” is designed to transport, lift and install wind turbines and their foundations. It measures 132.34 meters in LOA (length of all), 39 meters in breadth and 9 meters in depth.

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

Cosco Corporation (Singapore) Limited, press release