DIAMOND 53 IN CHINA	02/01/2008
	Chengxi Shipyard continues to sign lucrative orders of DIAMOND 53 vessels. Chengxi Shipyard has signed up to deliver 39 DIAMOND 53 vessels to various prominent ship owners, such as Spar Shipping, Parakou, Norden, Cosco, Wah Kwong, Nomikos and Shanghai Times Shipping. Presently Grontmij | Carl Bro, Chengxi Shipyard and Det Norske Veritas are working to adjust the steel structure according to the new Common Structural Rules for Bulk Carriers (CSR). We anticipate that the DIAMOND 53 will be CSR compliant by January 2008.