Delivery and Departure of the Second 50,000 DWT Oil Tanker "ELANDRA CYPRESS" built for Vitol

At noon on January 7th, the 50,000 DWT oil tanker "ELANDRA CYPRESS," built by our group's New Yangzi Shipbuilding for Vitol International Shipping, was delivered and departed from the shipyard wharf.

On the morning of January 6th, Mr. Rishab Bahl, General Manager of Vitol International Shipping, and Mr. Du Chengzhong, Vice General Manager of our Group and General Manager of New Yangzi Shipbuilding, jointly signed the delivery documents of "ELANDRA CYPRESS". This vessel is one of the first new tanker projects ordered by Vitol International Shipping in China. Currently, the two series of vessels built by our Group's New Yangzi Shipbuilding have been successfully completed.