A 52,000dwt bulk carrier (H0107) named New Navigation was delivered to Pan Ocean Shipping on Jan. 7, 2003. H0107 is the second of two bulk carriers ordered by Pan Ocean Shipping and will start its maiden voyage to Australia.

A 2,824TEU containership (H0035) named Lausanne was delivered to Suisse-Atlantique of Switzerland on Jan. 8, 2003. H0035 is the second of three 2,824 TEU containerships and will start its maiden voyage to Shanghai, China.

Sea Explorer (H0101) and Sea Crown (H0102) ordered by Thenamaris, and Nicos Tomasos (H0046) ordered by Tomasos Brothers, and British Explorer (H0105) ordered by Geden Lines were also delivered to their owners in Jan. 2003.