Contract Signed for Auxiliary Engines Order of 10 Newbuildings of 53,000DWT

（2007-04-04）

　　In the morning of April 4, the contract signing ceremony for auxiliary engines order of 10 newbuildings of 53000DWT is held in the company. The order contract was signed & exchanged by Mr. Hu Jingen, board chainman and general manager, and Mr. Zhou Luhui, president of An Qing maritime diesel plant.

An Qing maritime diesel plant paid great importance to cooperate with us, they promised us to overcome the difficulties of the time shortage and will deliver the first auxiliary engine on August 30, 2007. The successfully signing of the contract for auxiliary engines order indicated the fix of all the auxiliary engines orders for 53000DWT series vessels.