Another three newbuilding contracts of Diamond 53000DWT Bulk Carrier are signed

（2007-05-09）

On May 9, Our company signs one newbuilding contract of Diamond 53000DWT Bulk Carry with one Turkish shipping company through the facsimile, the classification society is DNV.

On May 18, another two contracts of Diamond 53,000DWT Bulk Carrier are signed with COSCO Bulk Carrier Co., Ltd. the classification society is CCS.

After the signature of these three newbuilding contracts, there are total 39 sister ships will be constructed by Chengxi Shipyard Co., Ltd. (By Xu Jing)