Please propose project, generals, bulk, T/C, COA & IMDG cargo for the below tonnage:

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1 Please propose project, generals, bulk, T/C, COA & IMDG cargo for the below tonnage: 1. Europe/Scandinavia/MED incl Black Sea to World Wide destinations: Sune Gottlieb, Thomas Rasmussen, Kristian Larsen & Steen Janholt 2. Europe to W/S/E.Africa: Ingo Fischer & Luca Campodonico 3. W/S/E.Africa to any dir WW: Kary Antoniou & Kristin Sophie Lehmkuhl 4. Windmills: Rasmus Elgaard, Jonathan Oversø & Rasmus Olsen 5. Dry cargo bulk DWAT: Ulrik Engel CONTINENT/BALTIC (PIC: THORCO EUROPE) ======================================================================== CLIPPER NEW YORK TWN, 3H/3H, Y2011, 19835cbm ANTWERP - 20 MAY 17,500 DWAT 2x150mt combi 300mt + 1x80mt ANY CLIPPER NASSAU TWN, 3H/3H, Y2011, cbm ANTWERP - 08 JUN 17,500 DWAT 2x150mt combi 300mt + 1x80mt ANY THORCO DANE TWN, 3H/3H, Y2007, 15800cbm CONT - 23 APR 12,744 DWAT 2x120 mt combi 240mt, ICE P/C DIR USG/WC.MEX JENNIFER H TWN, 3H/3H, Y2007, 16113cbm CONT - 26 APR 12,583 DWAT 2 x 80mt combi 160mt, ICE P/C DIR ECSA MED / ADRIATIC / BLACK SEA (PIC: THORCO EUROPE) ======================================================================== NORDIC SVALBARD TWN, 2H/2H, Y2010, 23960cbm SPLIT - 17 APR 19,296 DWAT 2 x 400mt combi 800 mt P/C DIR USG THORCO ROYAL TWN, 3H/3H, Y2012, cbm SETE - 30 APR THORCO RANGER TWN, 3H/3H, Y2012, 25521cbm MERSIN - 26 MAY 17,884 DWAT 3 x 80mt combi 160 mt P/C DIR W.AFRICA THORCO GLORY TWN, 2H/2H, Y2010, 20600cbm ZARZIS - 21 APR 13,800 DWAT 2 x 50 mt combi 100mt CONSTANTZA - 27 APR P/C DIR W.AFRICA LIFTER TWN, 2H/2H, Y2007, 9414cbm ITALY - 23 APR 7,778 DWAT 2 x 60mt combi 120 mt P/C DIR CONTINENT WEST/SOUTH/EAST AFRICA (PIC: THORCO AFRICA) ======================================================================== NESTOR I BC, 5H/5H, Y2011, 43477cbm LOME - 22 APR 32,321 DWAT 4 X 30 mt ANY THORCO BASILISK TWN, 3H/3H, Y2012, 25521cbm DOUALA - 08 MAY 17,884 DWAT 3 x 80 mt combi 160mt

2 CLIPPER NEWARK TWN, 3H/3H, Y2011, cbm OWENDO - 01 MAY 17,500 DWAT 2x150mt combi 300 mt + 1x80mt ANY THORCO LEGACY TWN, 2H/2H, Y2014, 24500cbm BANANA - 30 APR 17,000 DWAT 2 x 50 mt/combi 100 mt ANY THORCO GLORY TWN, 2H/2H, Y2010, 20600cbm LUANDA - 17 JUN 13,800 DWAT 2 x 50 mt combi 100mt ANY DIR HELVETIA 2 TWN, 3H/3H, Y2005, 15654cbm DOUALA - 04 MAY 12,791 DWAT 2 X 120 mt combi 240mt, ICE ANY HHL TYNE TWN, 3H/3H, Y2009, 15952cbm LUDERITZ - 05 MAY 12,776 DWAT 2x150mt combi 300mt, ICE E3 P/C DIR CONT MAPLE LEA TWN, 3H/3H, Y2007, 19311cbm DURBAN - 02 MAY 12,744 DWAT 2 x 120 mt combi 240 mt, ICE COTONOU - 20 MAY ANY NORTH AMERICA / NCSA / CARIBS / WCSA (PIC: THORCO USA) ========================================================================= TRUDY TWN, 3H/3H, Y2011, 22465cbm CARIBS - 10 MAY THORCO RAFFLES TWN, 3H/3H, Y2011, 22465cbm LONG BEACH - 09 MAY THORCO LINEAGE TWN, 2H/2H, Y2014, 24500cbm PUERTO MONTT - 27 APR THORCO LANNER TWN, 2H/2H, Y2014, 24500cbm ANGAMOS - 29 APR THORCO LOHAS TWN, 2H/2H, Y2014, 24670cbm SEPT ILES - 18 JUN MAPLE LOTTA TWN, 3H/3H, Y2007, 19311cbm STEWART - 23 MAY 12,744 DWAT 2x120 mt combi 240 mt, ICE ANY DIR THORCO DANE TWN, 2H/2H, Y2005, 16907cbm SALINA CRUZ - 23 MAY 12,700 DWAT 2 x 120 mt/combi 240 mt, ICE ANY DIR WW THORCO ANGELA TWN, 3H/3H, Y2007, 16113cbm BELLDUNE - 15 MAY 12,583 DWAT 2 x 80mt combi 160mt, ICE ANY DIR EAST COAST SOUTH AMERICA (PIC: THORCO BRAZIL) ========================================================================= THORCO ISADORA TWN, 3H/3H, Y2011, 19004cbm PUERTO DESEADO - 11 MAY 19,639 DWAT 2 x 240 mt combi 480 mt, ICE ANY

3 THORCO LEGION TWN, 2H/2H, Y2015, 22000cbm ITAQUI - 30 APR 17,000 DWAT 2 x 50 mt/combi 100 mt ANY MAPLE LEA TWN, 3H/3H, Y2007, 19311cbm ITAJAI - 05 JUN 12,744 DWAT 2x120 mt combi 240 mt, ICE ANY DIR FAR EAST / SOUTH EAST ASIA ========================================================================== DUBAI MOON I SDBC, 5H/5H, Y2009, 43127cbm XIAMEN - 06 MAY 32,778 DWAT 4 x 30 mt ANY DIR WW THORCO ISABELLA TWN, 3H/3H, Y2011, 18710cbm YOKOHAMA - 25 APR 19,639 DWAT 2 x 240 mt/combi 480 mt, ICE MASAN - 30 APR P/C DIR PG-R.SEA-MED HELVETIA TWN, 3H/3H, Y2011, 22465cbm SINGAPORE - 25 APR 17,884 DWAT 3 x 80 mt/combi 160 mt P/C DIR PNG/AUSSIE THORCO RIO TWN, 3H/3H, Y2011, 22465cbm JAKARTA - 23 APR THORCO RAFFLES TWN, 3H/3H, Y2011, 22465cbm NINGBO - 17 APR 17,884 DWAT 3 x 80 mt/combi 160 mt MASAN - 20 APR >>> SEEKING DECK CARGO DIR US WEST COAST THORCO LOHAS TWN, 2H/2H, Y2014, 24670cbm SINGAPORE - TODAY 17,000 DWAT 2 x 50 mt/combi 100 mt P/C DIR USEC >>> SEEKING PART CARGO US EAST COAST / GREAT LAKES THORCO LIVA TWN, 2H/2H, Y2012, cbm SINGAPORE - 19 APR 17,000 DWAT 2 x 50 mt combi 100 mt P/C DIR FEAST >>> SEEKING PART CARGO DIR FAR EAST THORCO LIVA TWN, 2H/2H, Y2012, cbm LIANYUNGANG - 02 MAY 17,000 DWAT 2 x 50 mt combi 100 mt TIANJIN - 07 MAY >>> SEEKING PART CARGO DIR RED SEA / MEDITERANEAN THORCO LILY TWN, 2H/2H, Y2014, 24500cbm SINGAPORE - 03 MAY THORCO LOGOS TWN, 2H/2H, Y2012, cbm LAEM CHABANG - 30 APR 17,000 DWAT 2 x 50 mt combi 100 mt P/C DIR AUSSIE >>> SEEKING PART CARGO DIR PORT HEDLAND/DARWIN THORCO LOGIC TWN, 2H/2H, Y2016, cbm PASIR GUDANG - 20 MAY 17,000 DWAT 2 x 50 mt combi 100 mt ANY DIR

4 THORCO HIMALAYA TWN, 2H/2H, Y2015, 21665cbm TIANJIN - 18 MAY 17,000 DWAT 2 x 100 mt/combi 200mt SHANGHAI - 23 MAY >>> SEEKING PART CARGO DIR EAST COAST AUSSIE GENIUS STAR XI TWN, 2H/2H, Y2012, 19029cbm SIHANOUKVILLE - 19 APR 13,663 DWAT 2 x 30 mt/combi 60 mt SINGAPORE - 21 APR >>> SEEKING PART CARGO DIR INDIA / PERSIAN GULF GENIUS STAR VII TWN, 2H/2H, Y2012, 19029cbm SINGAPORE - 04 MAY 13,663 DWAT 2 x 30 mt/combi 60 mt P/C DIR FAR EAST >>> SEEKING PART CARGO DIR N.CHINA DAISY TWN, 2H/2H, Y2006, 16907cbm TAICHUNG - 20 APR 11,925 DWAT 2 x 240 mt combi 480 mt SHANGHAI - 23 APR MASAN - 30 APR >>> SEEKING PART CARGO DIR US GULF AUSTRALIA / NEW ZEALAND ========================================================================== HELVETIA TWN, 3H/3H, Y2011, 22465cbm NEWCASTLE - 15 MAY DIR THORCO LOGOS TWN, 2H/2H, Y2012, cbm DARWIN - 20 MAY 17,000 DWAT 2 x 50 mt combi 100 mt ANY DIR WW THORCO LUNA TWN, 2H/2H, Y2014, 24500cbm BRISBANE - 19 MAY WW THORCO EMPIRE TWN, 2H/2H, Y2011, 18700cbm KWINANA - 02 MAY 12,876 DWAT 2x78 mt/combi 150 mt ANY DIR WW PERSIAN-ARABIAN GULF / RED SEA / INDIAN OCEAN / BAY OF BENGAL ========================================================================== GLADSTONE TWN, 4H/4H, Y2009, 35707cbm RED SEA - 30 APR 25,732 DWAT 2 x 120 combi 240 mt ANY THORCO ISABELLA TWN, 3H/3H, Y2011, 18710cbm SHUIABA - 05 JUN 19,639 DWAT 2 x 240 mt/combi 480 mt, ICE ANY DIR THORCO LOHAS TWN, 2H/2H, Y2014, 24670cbm W.C. INDIA - 25 APR 17,000 DWAT 2 x 50 mt/combi 100 mt DIR USEC >>> SEEKING PART CARGO DIR US EAST COAST / GREAT LAKES MAPLE LEA TWN, 3H/3H, Y2007, 19311cbm E.C.INDIA - 19 APR 12,744 DWAT 2 x 120 mt combi 240 mt, ICE DIR AFRICA >>> SEEKING PART CARGO DIR WEST AFRICA / EC SOUTH AMERICA

5 THORCO AFRICA TWN, 2H/2H, Y2010, 19958cbm E.C.INDIA - 17 APR 12,022 DWAT 2x78 mt combi 150 mt, ICE E3 ANY DIR WW Looking forward receiving your proposals. Kind regards, THORCO EUROPE - europe@thorcoprojects.com Denmark : (main line) Germany : Spain : spain@thorcoprojects.com UK : +44 (0) uk@thorcoprojects.com France : france@thorcoprojects.com COPENHAGEN Kristian Larsen (KL) Sune Gottlieb (SG) Nikolaj Gryndahl (NG) Steen Janholt (SJ) Thomas Rasmussen (TR) DRY CARGO BULK - drycargo@thorcoprojects.com Ulrik Engel (UE) THORCO WINDDESK - wind@thorcoprojects.com Rasmus Elgaard (RE) Jonathan Oversø (JO) Rasmus Olsen (RO) THORCO FRANCE - france@thorcoprojects.com Olivier Dupart (OD) THORCO BREMEN Ingo Fischer (IF) Luca Campodonico (LC) THORCO AFRICA - africa@thorcoprojects.com

6 Kary Antoniou (KA) Kristin S. Lehmkuhl (KL) THORCO SINGAPORE THORCO BRAZIL singapore@thorcoprojects.com - brazil@thorcoprojects.com THORCO USA usa@thorcoprojects.com THORCO MIDDLEEAST Dubai: middleeast@thorcoprojects.com THORCO CHINA china@thorcoprojects.com o-0-o

Please propose project, generals, bulk, T/C, COA & IMDG cargo for the below tonnage:

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