The Company Successfully Takes Over the 72,000 dwt Oil Tanker Mt Lian Bai Hu

On March 26th, the Christening and Delivery Ceremony for the 72,000 dwt oil tanker Mt Lian Bai Hu of COSCO Shipping Tanker (Dalian) ("Dalian Tanker") was held at the Dalian Shipbuilding Industry Port. Present at the ceremony were Luo Yuming, Deputy General Manager of COSCO SHIPPING Energy, Bu Fanyi, Deputy General Manager of Dalian Tanker, Dong Hexuan, Chairman of the Labor Union of Dalian Tanker, and Xu Hongyu, Deputy Director of Guangzhou Port Authority, as well as executives and guests from organizations including Hengli Petrochemical, Dalian Shipbuilding Industry Group, China Shipbuilding Trading, China Classification Society, COSCO International Ship Trading and COSCO SHIPPING Ship Management (Dalian Company).

Ms Xu Hongyu, the "godmother" of the new ship, christened the ship and cut the hawser. Then, accompanied by the captain, the chief engineer and the political commissar of the vessel, the executives and guests present boarded Mt Lian Bai Hu and inspected its driving cab, captain's room, canteen and kitchen. The crew were greeted warmly with best wishes on their voyage.

Mt Lian Bai Hu is a 72,000 dwt oil tanker, the second in its series of wide-body, energy-saving LR1 oil tankers. With a LOA of 220 metres, a LBP of 216 metres, a moulded breadth of 36 metres, a moulded depth of 20 metres and a dwt of 72,745.5, the vessel has no area limit and its endurance exceeds 18,000 nautical miles. With the idea "to grasp the opportunity of winning strategic advantages in future through the smallest investment now", Mt Lian Bai Hu adopts the standard design practice of panama width and LNG READY technology, featuring shallow draft, large capacity, low energy consumption, strong port worthiness and good cargo worthiness. The vessel is 9 years ahead in meeting the third-phase benchmarks of IMO2025.

The successful building of Mt Lian Bai Hu has further optimized the structure of the fleets for the Company and efficiently enhanced the Company's international competitive strengths. We hope that Mt Lian Bai Hu will fearlessly go on its voyage in the spirit of "Song Bai" (pine and cypress), and in time contribute to the sustainable healthy growth of COSCO SHIPPING Energy and Dalian Tanker.
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