Italian Express - Delivery from Shipyard

5 January 2012

We are pleased to announce that today, Thursday 5 January 2012, we took delivery of MV Italian Express, the second of two 1,085-TEU container vessel built at Nanjing Wujiazui Shipbuilding Co. Ltd., China. The vessel is so-called "Ice class" and capable of trading in severe cold conditions. Her sister vessel, Istrian Express, was delivered in September 2011.

In a ceremony held at the Shipyard on 26 July 2011, the vessel was named by Mrs Annelies Bosch, wife of Mr Hans Schrijver, Superintendent Ship Management, Vroon B.V.

The vessel will leave the Shipyard tomorrow and commence a time-charter contract with STX Pan Ocean.

We wish the vessel and her crew safe voyages.

VESSEL PARTICULARS

Length overall 158.00 m

Length between perpendiculars 148.50 m

Beam moulded 23.50 m

Depth 11.90 m

Deadweight 14,237 T on loadline draft of 8.60 m SSW
11,500 T on design draft of 7.60 m SSW

Gross / net tonnage 12,514 / 5,387

Container capacity/td> 1,084 TEU
535 FEU (+14 TEU)

Speed Approx. 19 knots on abt 39 mts HFO (m/e only)

Holds 4

Remarks 1A Finnish Swedish Ice Class

Length overall	158.00 m
Length between perpendiculars	148.50 m
Beam moulded	23.50 m
Depth	11.90 m
Deadweight	14,237 T on loadline draft of 8.60 m SSW 11,500 T on design draft of 7.60 m SSW
Gross / net tonnage	12,514 / 5,387
Container capacity/td>	1,084 TEU 535 FEU (+14 TEU)
Speed	Approx. 19 knots on abt 39 mts HFO (m/e only)
Holds	4
Remarks	1A Finnish Swedish Ice Class