C O M P A N Y P R O F I L E

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1 C O M P A N Y P R O F I L E Certified in Quality Management Systems ISO- 9001:2008

2 G r o u p o f C o m p a n i e s Cavalier Enterprise Inc. Delaware, U.S.A Incorporated in February 1998 Cavalier Energy L.L.C. Dubai, U.A.E. Incorporated in December 2011 Cavalier Shipping & Petroleum PTE LTD. - Singapore Incorporated in December 2012 Caventinc Shipping & Petroleum LTD. Hong Kong Incorporated in August 2012 Cavalier Energy LTD. Hong Kong Incorporated in July 2012

3 P a r t n e r C o m p a n i e s Abdulla Al Bulooki General Trading L.L.C. Dubai, U.A.E. Partnered since October 1999 Medallion Ship Management L.L.C. Dubai, U.A.E. Partnered since November 2012

4 A b o u t U s Cavalier is a group of Tanker Chartering Companies headquartered in the business capital of the Middle East, Dubai, U.A.E. We are a leading provider for the commercial management of tanker vessels in the Middle East & North Africa (MENA) and Southeast Asia regions. From humble beginnings, Cavalier has come a long way in establishing our credentials within the competitive world of chartering (ship brokering in the past). The Cavalier group currently consists of local and offshore companies. Though the cyclical business nature of international trade and chartering presents its challenges, we remain excited about our future. We foresee a robust business environment for our core activities and will continue to develop itself in key markets.

5 O u r H i s t o r y Cavalier was incorporated in 1998 in Delaware, USA as an offshore ship brokerage house for dry and liquid cargo within the MENA region and remained so for over a decade. In 2009 we progressed towards voyage chartering tanker vessels. By late 2010 we expanded as time and bareboat charter operators. We established ourselves as capable operators and efficacious ship owners. O u r V i s i o n To be the leading and trusted partner of choice for tanker chartering & post-fixture services. O u r M i s s i o n To provide customized and high quality services to meet specific customer requirements by offering industry leading technology, efficient solutions and qualified manpower.

6 O u r Ta n k e r C h a r t e r i n g S e r v i c e s Cavalier s fleet transports liquid cargo (CPP & DPP) for oil major companies and commercial traders. Our services are designed around the requirements of tanker owners seeking commercial success and traders looking to transport liquid cargo the most economic way. Commerci al M a n a g e m e n t For over a decade Cavalier has been developing an international network of traders, ship owners and brokers. Cavalier s successful reputation is defined by our trust, customer loyalty, experience, commercial flexibility and quality services. Our presence within the industry enables us to commercially manage tanker vessels by short & long term time charters. V o y a g e C h a r t e r i n g Cavalier s fleet is utilized for voyages on the SPOT market. In order to meet the growing demand we charter IN tanker vessels from the SPOT market. Comprehensive voyage estimates are done by our experienced chartering executives to determine if a fixture is profitable to pursue. Our executives ensure relevant parties (suppliers, traders and receivers) are well informed from negotiation to conclusion of a clean fixture.

7 O u r P o s t F i x t u r e S e r v i c e s Cavalier s Operations Department are geared to the dynamics of markets by providing the best in-time services to our clients. We equip our department with all necessary resources to carry out their daily responsibilities, such as: - Ensure the vessel has updated voyage orders - Communicate updates to relevant parties - Liaise with appointed agents - Monitor the vessel s schedule, performance & fuel consumption (as per Charter Party) Additionally the department is well versed with the submission of claims (bunker, demurrage, deviation, heating, off hire and performance) for our fleet.

8 O u r F l e e t C u r r e n t : Vessel Name Year Built Flag State DWT Delivery Date Charter Period Doradus ,550 MT July 2013 Marshall Islands Kenza ,456 MT April 2012 Owners 2 years + 6 months Biendong Melody ,937 MT August 2011 Vietnam + 1 year Biendong Victory ,084 MT April months + 1 year Liquid Gold 1999 Liberia 13,781 MT November months SP Berlin ,691 MT December 2010 Marshall Islands SP Belgrade ,454 MT October 2012 Open Ended P a s t : Vessel Name Year Built Flag State DWT Delivery Date Charter Period Global Vika 1999 Malta 16,408 Sept year

9 S P O T V e s s e l s C h a r t e r e d I N 2011 Vessel Name DWT YM Uranus 6,970 SP Belgrade 7,454 DL Diamond 8,068 WappentVon Berlin 8,252 SP Atlanta 9,010 Sea Challenger 13,088 Noroc 16,456 Akrotiri 44,372 Biendong Melody 45,932 Maetiga 46,925 Atlantic Crown 47,128 Megacore Pacifica 74, Vessel Name DWT YM Uranus 6,970 Emek-S 7,051 Berthea 9,220 Atlantik Miracle 11,320 Sea Challenger 13,088 Golden Dynasty 14,497 Ternen 15,212 Noroc 16,456 Eships Sama 45,663 Gulf Muttrah 46,556 Eships Liwa 47,097 Giancinta 50,308 Aligote 74, Vessel Name DWT Liana 11,479 Liquid Silver 13,862 Folk Beauty 15,091 Blue Emerald 16,788 Sea Ruby 17,542 Chembulk 19,450 Europride 96,765 Euro Progress 96,765 Melor 104,722

10 C a r g o S t a t i s t i c s Year Fleet Size Cargo Category Voyages Quantity (MT) Sub-Total (MT) Grand Total (MT) C.P.P. D.P.P. Fleet 3 74,869 SPOT 6 95,792 Fleet ,808 SPOT 5 43, , , , C.P.P. D.P.P. Fleet ,251 SPOT ,400 Fleet ,690 SPOT 3 19, , ,990 1,076, C.P.P. D.P.P. Fleet ,934 SPOT 9 161,787 Fleet ,224 SPOT 2 167, , ,524 1,407,245

11 Cargo (MT) S P O T C a r g o M o v e m e n t ( ) 250, , , ,000 CPP DPP Total 50,000 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q Year

12 Cargo (MT) To t a l C a r g o M o v e m e n t ( ) 1,600,000 1,400,000 1,200,000 1,000, , ,000 CPP DPP Total 400, , Year

13 C o n t a c t D e t a i l s Office: Tel: Fax: info@cavalier.ae Dubai World Trade Center Sheikh Rashid Tower, Level 19, 1906, Sheikh Zayed Road, Dubai, U.A.E. T H A N K Y O U

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