ShipType Orderbook Monitor

ShipType Orderbook Monitor Volume 16, No.5 May- Tankers by Builder Country Rank Country No. m. cgt 1 South Korea 812 2 2 China P.R. 598 11.0 3 Japan 299 6.2 4 Turkey 134 1.3 5 Brazil 33 0.8 6 Romania 31 0.6 7 Russia 44 0.4 8 Vietnam 18 0.4 9 United States 17 0.3 Other 86 1.2 GLOBAL TOTAL 2,072 42.3 Bulkers by Builder Country Rank Country No. m. cgt 1 China P.R. 1,590 31.1 2 Japan 874 17.1 3 South Korea 627 12.9 4 Philippines 73 1.5 5 Vietnam 100 1.4 6 India 80 1.2 7 Turkey 13 0.3 8 Iran 16 0.3 Other 41 0.9 GLOBAL TOTAL 3,414 66.7 Containerships by Builder Country Rank Country No. m. cgt 1 South Korea 439 18.8 2 China P.R. 354 7.3 3 Japan 48 1.6 4 Taiwan 48 1.3 5 Germany 65 1.0 6 Philippines 26 0.9 7 Romania 25 0.7 8 Poland 18 0.4 Other 52 0.6 GLOBAL TOTAL 1,075 32.7 19 5 26 11 5 9 Major European Shipyards 22 18 3 16 13 6 11 4 8 1 12 10 17 15 14 2 7 Major Far Eastern Shipyards 7 6 3 10 2 13 12 4 1 8 1 14 2 4 7 2 1 3 6 5 13 2 7 20 12 3 4 9 11 24 23 9 14 6 25 8 21 1 10 5 Shipping Intelligence Network... "represents a giant leap forward in the information technology development in shipping." "With shipping's first 'need to know' information portal, Clarkson has made shipping intelligence better than ever before."

Page UL/VLCC Tankers (200,000 + dwt tonnes) 5 Suezmax Tankers (120-199,999 dwt tonnes) 7 Aframax Tankers (80-119,999 dwt tonnes) 9 Panamax Tankers (60-79,999 dwt tonnes) 11 Handy Products Tankers (10-59,999 dwt tonnes) 12 Handy Chem. & Spec. Tankers (10-59,999 dwt tonnes) 15 Small Tankers (<10,000 dwt tonnes) 19 Capesize Bulkers (100,000 + dwt tonnes) 22 Panamax Bulkers (60-99,999 dwt tonnes) 28 Handymax Bulkers (40-59,999 dwt tonnes) 33 Handysize Bulkers (10-39,999 dwt tonnes) 39 Combos >=10K DWT 45 LPG Carriers (60,000+ cu. m.) 46 LPG Carriers (20-59,999 cu.m.) 47 LPG Carriers (5-19,999 cu.m.) 48 LPG Carriers (<5,000 cu. m.) 49 Liquid Natural Gas Carriers 50 Post Panamax Containerships (8,000+ TEU) 51 Post Panamax Containerships (3-7,999 TEU) 53 Panamax Containerships (3,000+ TEU) 55 Page Sub-Panamax Containerships (2-2,999 TEU) 57 Handy Containerships (1-1,999 TEU) 59 Feeder Containerships (100-999 TEU) 61 Multi-Purpose (1,000+ TEU) 62 Multi-Purpose (500-999 TEU) 64 Multi-Purpose (100-499 TEU) 66 Reefers 69 Ro-Ro 70 Pure Car Carriers 72 General Cargo 74 Passenger Ferries 76 Cruise Vessels 77 Anchor Handling Tug/Supply 78 PSV/Supply 82 Other Offshore Types (Inc. Crew/Workboat) 84 FPSO/FSU/Drill Ship/Barge 86 Miscellaneous Vessels 87

UL/VLCC Tankers (200,000 + dwt tonnes) No. Vessels(end) 2007 2008 Apr- Orderbook Fleet Totals 503 518 535 45 Deliveries 29 40 22 70 Scrapping 0 3 1 + 106 Contracting 37 108 0 Total 221 Orderbook 187 251 221 % Fleet 41.3% (m) DWT (end) 2007 2008 Apr- Orderbook Fleet Totals 148.1 153.9 159.33 13.78 Deliveries 9.0 12.4 6.79 21.57 Scrapping 0.8 0.26 + 33.07 Contracting 11.4 34.0 0 Total 68.42 Orderbook 117.9 50.8 68.42 % Fleet 42.9% (m) DWT 4 35.0 3 25.0 2 15.0 1 5.0 1998 1999 2000 2001 2002 Deliveries 2003 2004 2005 2006 2007 Contracting 2008 Source: Clarkson Research Services 317,693 Nat.Shpg.Of S.Arabia Hyundai Samho Apr 298,000 China Shpg. Tankers Dalian Shipbld. Ind. Apr 296,440 CSC Nanjing Tanker Bohai Shipbld. Apr 300,000 Nippon Yusen Kaisha Imabari S.B. May 297,395 CSC Nanjing Tanker Jiangnan Changxing May 318,440 Alpha Tankers & Frt. Hyundai H.I. Jun 315,000 Kawasaki Kisen Kawasaki H.I. Jun 309,200 Unknown Owner Imabari S.B. Jun 302,165 Mitsui O.S.K. Lines I.H.I. Jun 300,000 Mitsui O.S.K. Lines Namura Zosensho Jun 298,000 Hong Kong Ming Wah Universal S.B. Jun 297,974 Frontline Ltd. Jiangnan Changxing Jun 319,000 Shpg. Corp. of India Daewoo SB Jul 318,000 Dynacom Tankers Mngt Hyundai H.I. Jul 317,693 Nat.Shpg.Of S.Arabia Hyundai Samho Jul 310,000 Mitsui O.S.K. Lines Mitsui SB Jul 310,000 Athenian Tankers Hyundai H.I. Jul 306,507 Gulf Marine Mngt. Daewoo SB Jul 300,000 Formosa Plastics Co. I.H.I. Jul 300,000 Nat. Iranian Tanker Daewoo SB Jul 310,000 Athenian Tankers Hyundai H.I. Aug 310,000 Metrostar Management Hyundai H.I. Aug 297,395 CSC Nanjing Tanker Jiangnan Changxing Aug 317,693 Nat.Shpg.Of S.Arabia Hyundai Samho Sep 316,000 Ocean Tankers Pte Waigaoqiao S/Y Sep 306,507 Gulf Marine Mngt. Daewoo SB Sep 300,000 Nippon Yusen Kaisha I.H.I. Sep 298,000 China Shpg. Tankers Dalian Shipbld. Ind. Sep 316,427 SK Shipping Co. Ltd. Hyundai H.I. Oct 308,000 China Shpg. Tankers Guangzhou Longxue Oct 300,000 Mitsui & Co. Ltd. I.H.I. Oct 298,500 Unknown Owner Universal S.B. Oct 297,974 Unknown Owner Jiangnan Changxing Oct 310,000 Athenian Tankers Hyundai H.I. Nov 310,000 Metrostar Management Hyundai H.I. Nov 300,000 Kawasaki Kisen I.H.I. Nov 298,000 China Ocean (COSCO) Dalian Shipbld. Ind. Nov 298,000 China Shpg. Tankers Dalian Shipbld. Ind. Nov 318,000 BW Shipping Agency Bohai Shipbld. Dec 316,427 SK Shipping Co. Ltd. Hyundai H.I. Dec 316,000 Ocean Tankers Pte Waigaoqiao S/Y Dec 308,000 China Shpg. Tankers Guangzhou Longxue Dec 306,507 Gulf Marine Mngt. Daewoo SB Dec 298,000 Hong Kong Ming Wah Universal S.B. Dec 298,000 China Shpg. Tankers Dalian Shipbld. Ind. Dec Total 45 Vessel(s) of 13,784,937 DWT. 318,000 Oman Shipping Co. Hyundai H.I. 318,000 Oman Shipping Co. Hyundai H.I. 317,000 TMT Co. Ltd. Daewoo SB 317,000 TMT Co. Ltd. Daewoo SB 317,000 TMT Co. Ltd. Daewoo SB 316,000 Petrovietnam Trans. Dung Quat Shipyard 316,000 Petrovietnam Trans. Dung Quat Shipyard 310,000 Athenian Tankers Hyundai H.I. 305,000 Nippon Yusen Kaisha Nantong Cosco KHI 305,000 Nippon Yusen Kaisha Nantong Cosco KHI 301,400 IMC Shpg. Co. I.H.I. 300,000 China Merchants Dalian Shipbld. Ind. 298,000 China Ocean (COSCO) Dalian Shipbld. Ind. 297,000 Sincere Navigation Jiangnan Changxing 296,000 Dynacom Tankers Mngt Jiangnan Changxing 296,000 Dynacom Tankers Mngt Jiangnan Changxing 316,427 SK Shipping Co. Ltd. Hyundai H.I. Jan 309,200 Nissen Kaiun K.K. Imabari S.B. Jan 300,000 Kawasaki Kisen I.H.I. Feb 297,974 Overseas Shipholding Jiangnan Changxing Feb 318,000 Vela International Daewoo SB Mar 316,427 SK Shipping Co. Ltd. Hyundai H.I. Mar 308,000 China Shpg. Tankers Guangzhou Longxue Mar 298,000 Clipper Group Dalian Shipbld. Ind. Mar 297,500 Cido Shipping Universal S.B. Mar 316,427 SK Shipping Co. Ltd. Hyundai H.I. Apr 320,000 Maran Tankers Mngt. Daewoo SB May 316,427 SK Shipping Co. Ltd. Hyundai H.I. May 300,000 Unknown Owner Universal S.B. May 298,000 China Ocean (COSCO) Dalian Shipbld. Ind. May 297,974 Frontline Ltd. Jiangnan Changxing May 297,000 Cardiff Marine Inc. Jiangnan Changxing May 318,000 Vela International Daewoo SB Jun 318,000 BW Shipping Agency Bohai Shipbld. Jun 316,427 SK Shipping Co. Ltd. Hyundai H.I. Jun 310,000 Mitsui O.S.K. Lines Mitsui SB Jun 308,000 China Shpg. Tankers Guangzhou Longxue Jun 300,000 Mitsui O.S.K. Lines Namura Zosensho Jun 297,500 Cido Shipping Universal S.B. Jun 295,000 China Merchants Dalian Shipbld. Ind. Jun 300,000 Nissen Kaiun K.K. Mitsui SB Jul 300,000 Formosa Plastics Co. I.H.I. Jul 298,000 Emirates Trading Universal S.B. Jul 296,000 Dynacom Tankers Mngt Jiangnan Changxing Jul 295,000 China Merchants Dalian Shipbld. Ind. Jul 316,000 CSC Nanjing Tanker Waigaoqiao S/Y Aug 306,507 Gulf Marine Mngt. Daewoo SB Aug 298,000 China Ocean (COSCO) Dalian Shipbld. Ind. Aug 297,974 Frontline Ltd. Jiangnan Changxing Aug 296,440 CSC Nanjing Tanker Bohai Shipbld. Aug 296,000 Dynacom Tankers Mngt Jiangnan Changxing Aug 320,000 Liquimar Tankers STX Shipbuild. Sep 320,000 Neda Maritime Agency Daewoo SB Sep 319,000 Korea Line Daewoo SB Sep 318,000 Vela International Daewoo SB Sep 298,000 HOSCO Dalian Shipbld. Ind. Sep 320,000 STX Pan Ocean STX Shipbuild. Oct 319,000 Korea Line Daewoo SB Oct 318,000 TMT Co. Ltd. Hyundai Samho Oct 300,000 Nissho Shpg. Co. Ltd I.H.I. Oct 297,974 Clipper Group Jiangnan Changxing Oct 318,000 TMT Co. Ltd. Hyundai Samho Nov 317,000 TMT Co. Ltd. Daewoo SB Nov 316,000 CSC Nanjing Tanker Waigaoqiao S/Y Nov 320,000 Gulf Marine Mngt. Daewoo SB Dec 319,000 Korea Line Daewoo SB Dec 318,000 Korea Line Hyundai H.I. Dec 318,000 Vela International Daewoo SB Dec

318,000 Korea Line Hyundai H.I. Dec 296,440 CSC Nanjing Tanker Bohai Shipbld. Dec Total 70 Vessel(s) of 21,568,018 DWT. 320,000 Fratelli D'Amato STX Shipbuild. 318,000 Oman Shipping Co. Hyundai H.I. 318,000 Oman Shipping Co. Hyundai H.I. 318,000 Oman Shipping Co. Hyundai H.I. 300,000 China Merchants Dalian Shipbld. Ind. 300,000 China Merchants Dalian Shipbld. Ind. 300,000 Dr. Peters Dalian Shipbld. Ind. 300,000 China Merchants Dalian Shipbld. Ind. 300,000 China Merchants Dalian Shipbld. Ind. 300,000 Dr. Peters Dalian Shipbld. Ind. 298,078 Formosa Plastics Co. Universal S.B. 297,000 Sincere Navigation Jiangnan Changxing 320,000 A.P. Moller STX Shipbuild. Jan 317,000 TMT Co. Ltd. Daewoo SB Jan 306,507 Gulf Marine Mngt. Daewoo SB Jan 300,000 Mitsui O.S.K. Lines Mitsubishi H.I. Jan 320,000 Polyar Tankers AS Hyundai H.I. Feb 318,000 TMT Co. Ltd. Hyundai H.I. Feb 318,000 Oman Shipping Co. Daewoo SB Feb 318,000 Geden Line Samsung H.I. Feb 316,000 CSC Nanjing Tanker Waigaoqiao S/Y Feb 298,300 Unknown Owner Universal S.B. Feb 298,000 HOSCO Dalian Shipbld. Ind. Feb 320,000 Fratelli D'Amato STX Shipbuild. Mar 320,000 Liquimar Tankers STX Shipbuild. Mar 318,000 Delta Tankers Ltd. Hyundai H.I. Mar 298,000 Emirates Trading Universal S.B. Mar 297,974 Clipper Group Jiangnan Changxing Mar 318,000 Chandris (Hellas) Samsung H.I. Apr 318,000 Oman Shipping Co. Daewoo SB Apr 317,000 Unknown Owner Daewoo SB Apr 306,507 Gulf Marine Mngt. Daewoo SB Apr 320,000 Korea Line STX Shipbuild. May 320,000 A.P. Moller STX Shipbuild. May 318,000 Delta Tankers Ltd. Hyundai H.I. May 318,000 Geden Line Samsung H.I. May 316,000 CSC Nanjing Tanker Waigaoqiao S/Y May 300,000 Nippon Yusen Kaisha Mitsubishi H.I. May 320,000 Frontline Ltd. Zhoushan Jinhaiwan Jun 318,000 Oman Shipping Co. Daewoo SB Jun 318,000 Delta Tankers Ltd. Hyundai H.I. Jun 300,000 Formosa Plastics Co. I.H.I. Jun 300,000 Emarat Maritime LLC HHIC-Phil. Inc. Jun 298,000 Overseas Shipholding Dalian Shipbld. Ind. Jun 320,000 Polyar Tankers AS Hyundai H.I. Jul 320,000 Fratelli D'Amato STX Shipbuild. Jul 318,000 Kuwait Oil Tanker Daewoo SB Jul 318,000 Chandris (Hellas) Samsung H.I. Jul 320,000 Frontline Ltd. Zhoushan Jinhaiwan Aug 319,000 SK Shipping Co. Ltd. Hyundai H.I. Aug 319,000 Korea Line Daewoo SB Aug 318,000 Dynacom Tankers Mngt Hyundai H.I. Aug 318,000 Oman Shipping Co. Daewoo SB Aug 316,000 Tsakos Shpg. & Trad. Sungdong S.B. Aug 300,000 Emarat Maritime LLC HHIC-Phil. Inc. Aug 298,000 Wah Kwong Shpg. Dalian Shipbld. Ind. Aug 297,500 Cido Shipping Universal S.B. Aug 320,000 Saudi Maritime Hldg. Hyundai H.I. Sep 318,000 Kuwait Oil Tanker Daewoo SB Sep 297,000 Cardiff Marine Inc. Jiangnan Changxing Sep 320,000 Frontline Ltd. Zhoushan Jinhaiwan Oct 320,000 Liquimar Tankers STX Shipbuild. Oct 319,000 Hanjin Shpg Co. Hyundai H.I. Oct 319,000 SK Shipping Co. Ltd. Hyundai H.I. Oct 318,000 Dynacom Tankers Mngt Hyundai H.I. Oct 318,000 Oman Shipping Co. Daewoo SB Oct 318,000 Euronav (UK) Agen. Samsung H.I. Oct 300,000 Mitsui O.S.K. Lines Mitsubishi H.I. Oct 300,000 Formosa Plastics Co. I.H.I. Oct 298,000 Wah Kwong Shpg. Dalian Shipbld. Ind. Oct 298,000 Clipper Group Dalian Shipbld. Ind. Oct 320,000 Aktif Denizcilik STX Shipbuild. Nov 320,000 Saudi Maritime Hldg. Hyundai H.I. Nov 318,000 Kuwait Oil Tanker Daewoo SB Nov 316,000 Ocean Tankers Pte Waigaoqiao S/Y Nov 316,000 Tsakos Shpg. & Trad. Sungdong S.B. Nov 300,000 CSC Nanjing Tanker Dalian Shipbld. Ind. Nov 296,440 CSC Nanjing Tanker Bohai Shipbld. Nov 320,000 A.P. Moller STX Shipbuild. Dec 320,000 Gulf Marine Mngt. Daewoo SB Dec 320,000 Frontline Ltd. Zhoushan Jinhaiwan Dec 319,000 Hanjin Shpg Co. Hyundai H.I. Dec 319,000 SK Shipping Co. Ltd. Hyundai H.I. Dec 318,000 Kuwait Oil Tanker Daewoo SB Dec 318,000 Geden Line Samsung H.I. Dec 316,000 Ocean Tankers Pte Waigaoqiao S/Y Dec 298,000 Overseas Shipholding Dalian Shipbld. Ind. Dec 297,500 Cido Shipping Universal S.B. Dec 297,500 Cido Shipping Universal S.B. Dec 296,440 CSC Nanjing Tanker Bohai Shipbld. Dec Total 90 Vessel(s) of 28,028,746 DWT. 320,000 Neda Maritime Agency Daewoo SB 298,078 Formosa Plastics Co. Universal S.B. 298,078 Formosa Plastics Co. Universal S.B. 320,000 Frontline Ltd. Zhoushan Jinhaiwan Jan 320,000 Aktif Denizcilik STX Shipbuild. Mar 316,000 Ocean Tankers Pte Waigaoqiao S/Y Mar 300,000 CSC Nanjing Tanker Dalian Shipbld. Ind. Mar 320,000 A.P. Moller STX Shipbuild. Apr 320,000 Maran Tankers Mngt. Daewoo SB Apr 320,000 Frontline Ltd. Zhoushan Jinhaiwan Apr 318,000 Euronav (UK) Agen. Samsung H.I. Apr 320,000 STX Pan Ocean STX Shipbuild. May 316,000 Ocean Tankers Pte Waigaoqiao S/Y May 320,000 Maran Tankers Mngt. Daewoo SB Jun 316,000 Ocean Tankers Pte Waigaoqiao S/Y Jul 316,000 Ocean Tankers Pte Waigaoqiao S/Y Sep Total 16 Vessel(s) of 5,038,156 DWT.

Suezmax Tankers (120-199,999 dwt tonnes) No. Vessels(end) 2007 2008 Apr- Orderbook Fleet Totals 362 364 367 54 Deliveries 25 14 11 48 Scrapping 0 2 1 + 61 Contracting 62 51 0 Total 163 Orderbook 147 174 163 % Fleet 44.4% (m) DWT (end) 2007 2008 Apr- Orderbook Fleet Totals 54.9 55.4 55.90 8.56 Deliveries 4.0 2.2 1.74 7.49 Scrapping 0.3 0.15 + 9.42 Contracting 9.6 8.0 0 Total 25.48 Orderbook 23.0 27.2 25.48 % Fleet 45.6% (m) DWT 14.0 12.0 1 8.0 6.0 4.0 2.0 1998 1999 2000 2001 2002 Deliveries 2003 2004 2005 2006 2007 Contracting 2008 Source: Clarkson Research Services 156,000 Geden Line Jiangsu Rongsheng Feb 159,000 Teekay Corporation Bohai Shipbld. Mar 156,000 Geden Line Jiangsu Rongsheng Mar 156,000 Frontline Ltd. Jiangsu Rongsheng Mar 155,970 Thenamaris (Mgmt.) Jiangsu Rongsheng Mar 167,281 Liquimar Tankers Hyundai Samho Apr 158,000 Delta Tankers Ltd. Hyundai Samho Apr 156,838 Cardiff Marine Inc. Jiangsu Rongsheng Apr 156,838 Cardiff Marine Inc. Jiangsu Rongsheng May 156,000 Frontline Ltd. Jiangsu Rongsheng May 156,000 Frontline Ltd. Jiangsu Rongsheng May 156,000 Geden Line Jiangsu Rongsheng May 155,970 Thenamaris (Mgmt.) Jiangsu Rongsheng May 164,925 Metrostar Management Hyundai Samho Jun 159,000 Euronav (UK) Agen. Samsung H.I. Jun 158,795 Maran Tankers Mngt. Hyundai H.I. Jun 158,795 Alpha Tankers & Frt. Hyundai H.I. Jun 156,000 Frontline Ltd. Jiangsu Rongsheng Jun 156,000 Geden Line Jiangsu Rongsheng Jun 159,000 Minerva Marine Inc. Hyundai H.I. Jul 159,000 Centrofin Mngt. Hyundai H.I. Jul 157,700 Chandris (Hellas) Samsung H.I. Jul 163,000 Dynacom Tankers Mngt New Times S.B. Aug 159,000 Teekay Corporation Bohai Shipbld. Aug 158,795 Maran Tankers Mngt. Hyundai H.I. Aug 156,000 Novorossiysk Shpg. Jiangsu Rongsheng Aug 163,000 Dynacom Tankers Mngt New Times S.B. Sep 163,000 Dynacom Tankers Mngt New Times S.B. Sep 158,000 Delta Tankers Ltd. Hyundai Samho Sep 157,300 Sovcomflot JSC Daewoo SB Sep 156,000 Interorient Nav. Co. Jiangsu Rongsheng Sep 159,000 Centrofin Mngt. Hyundai H.I. Oct 158,795 Maran Tankers Mngt. Hyundai H.I. Oct 157,700 Chandris (Hellas) Samsung H.I. Oct 156,000 COSCO Qingdao Jiangsu Rongsheng Oct 156,000 Novorossiysk Shpg. Jiangsu Rongsheng Oct 164,925 Metrostar Management Hyundai Samho Nov 163,000 Marine Management New Times S.B. Nov 163,000 Dynacom Tankers Mngt New Times S.B. Nov 159,000 Centrofin Mngt. Hyundai H.I. Nov 159,000 Euronav (UK) Agen. Samsung H.I. Nov 158,000 Yasa Shpg. Industry Samsung H.I. Nov 156,000 COSCO Qingdao Jiangsu Rongsheng Nov 163,000 Marine Management New Times S.B. Dec 163,000 Marine Management New Times S.B. Dec 159,000 Nordic American Bohai Shipbld. Dec 159,000 Teekay Corporation Bohai Shipbld. Dec 159,000 Irano-Hind Shpg. Co. Hyundai Samho Dec 158,290 Sovcomflot JSC Hyundai H.I. Dec 156,838 Cardiff Marine Inc. Jiangsu Rongsheng Dec 156,838 Cardiff Marine Inc. Jiangsu Rongsheng Dec 156,000 Geden Line Jiangsu Rongsheng Dec 156,000 Novorossiysk Shpg. Jiangsu Rongsheng Dec 156,000 Novorossiysk Shpg. Jiangsu Rongsheng Dec Total 54 Vessel(s) of 8,562,593 DWT. 167,281 Liquimar Tankers Hyundai Samho 158,795 Alpha Tankers & Frt. Hyundai H.I. 156,000 Novorossiysk Shpg. Jiangsu Rongsheng 156,000 Novorossiysk Shpg. Jiangsu Rongsheng 120,000 K. G. Jebsen c Hyundai Samho 120,000 K. G. Jebsen c Hyundai Samho 164,925 Metrostar Management Hyundai Samho Jan 158,000 Delta Tankers Ltd. Hyundai Samho Jan 158,000 Delta Tankers Ltd. Hyundai Samho Jan 158,000 JM Maritime Samsung H.I. Jan 158,000 Delta Tankers Ltd. Hyundai Samho Jan 157,300 Sovcomflot JSC Daewoo SB Jan 163,000 Dynacom Tankers Mngt New Times S.B. Feb 158,795 Maran Tankers Mngt. Hyundai H.I. Feb 158,000 Yasa Shpg. Industry Samsung H.I. Feb 156,000 Geden Line Jiangsu Rongsheng Mar 159,000 Nordic American Bohai Shipbld. Apr 158,290 Sovcomflot JSC Hyundai H.I. Apr 156,000 Frontline Ltd. Jiangsu Rongsheng Apr 158,000 Delta Tankers Ltd. Hyundai Samho May 159,000 Teekay Corporation Hyundai Samho Jun 158,000 Livanos Group Hyundai H.I. Jun 158,000 Yasa Shpg. Industry Samsung H.I. Jun 158,000 Fratelli D'Amico Samsung H.I. Jun 156,000 Frontline Ltd. Jiangsu Rongsheng Jun 156,000 Geden Line Jiangsu Rongsheng Jun 156,000 Geden Line Jiangsu Rongsheng Jun 164,925 Metrostar Management Hyundai Samho Jul 159,000 Teekay Corporation Hyundai Samho Jul 158,000 Yasa Shpg. Industry Samsung H.I. Jul 164,925 Metrostar Management Hyundai Samho Sep 156,000 Geden Line Jiangsu Rongsheng Sep 156,000 IMC Shpg. Co. Jiangsu Rongsheng Sep 158,000 Fratelli D'Amico Samsung H.I. Oct 158,000 Yasa Shpg. Industry Samsung H.I. Oct 156,000 Frontline Ltd. Jiangsu Rongsheng Oct 150,000 Transpetro Atlantico Sul Oct 162,000 Knutsen O.A.S. Shpg. Daewoo SB Nov 156,000 Geden Line Jiangsu Rongsheng Nov 150,000 Unknown Owner Hyundai Samho Nov 162,000 Knutsen O.A.S. Shpg. Daewoo SB Dec 158,000 Fratelli D'Amico Samsung H.I. Dec 157,300 Sovcomflot JSC Daewoo SB Dec 156,000 Frontline Ltd. Jiangsu Rongsheng Dec 156,000 IMC Shpg. Co. Jiangsu Rongsheng Dec 156,000 Interorient Nav. Co. Jiangsu Rongsheng Dec 150,000 Unknown Owner Hyundai Samho Dec 150,000 Transpetro Atlantico Sul Dec Total 48 Vessel(s) of 7,494,536 DWT. 166,000 Primorsk Shpg. Corp. Hyundai H.I. 166,000 Primorsk Shpg. Corp. Hyundai H.I. 160,000 Enesel S.A. Hyundai Samho 160,000 Enesel S.A. Hyundai Samho 158,000 Scinicariello Sungdong S.B. 158,000 Scinicariello Sungdong S.B. 120,000 K. G. Jebsen c Hyundai Samho 120,000 K. G. Jebsen c Hyundai Samho

120,000 K. G. Jebsen c Hyundai Samho 120,000 K. G. Jebsen c Hyundai Samho 159,000 Irano-Hind Shpg. Co. Hyundai Samho Jan 158,000 JM Maritime Samsung H.I. Jan 158,000 Livanos Group Hyundai H.I. Jan 158,000 Delta Tankers Ltd. Hyundai Samho Feb 158,000 GrandUnion Inc. Sungdong S.B. Feb 150,000 Unknown Owner Hyundai Samho Feb 159,000 Cardiff Marine Inc. Samsung H.I. Mar 156,000 IMC Shpg. Co. Jiangsu Rongsheng Mar 150,000 Transpetro Atlantico Sul Mar 158,000 JM Maritime Samsung H.I. Apr 158,000 Delta Tankers Ltd. Hyundai Samho Apr 158,000 GrandUnion Inc. Sungdong S.B. Apr 150,000 Unknown Owner Hyundai Samho Apr 160,000 Seaarland Shpg.Mgmnt Hyundai H.I. May 158,000 Fratelli D'Amico Samsung H.I. May 158,000 Delta Tankers Ltd. Hyundai Samho May 158,000 Quest Maritime Hyundai H.I. May 158,000 Quest Maritime Hyundai H.I. May 159,000 Cardiff Marine Inc. Samsung H.I. Jun 158,000 Quest Maritime Hyundai H.I. Jun 158,000 Delta Tankers Ltd. Hyundai Samho Jun 150,000 Transpetro Atlantico Sul Jun 158,000 JM Maritime Samsung H.I. Jul 160,000 Great Eastern Shpg. Hyundai H.I. Aug 160,000 Phoenix Energy Nav. Hyundai H.I. Aug 158,000 Meandros Lines S.A. Sungdong S.B. Aug 158,000 Kyla Shipping Co. Hyundai Samho Aug 160,000 Seaarland Shpg.Mgmnt Hyundai H.I. Sep 158,000 Quest Maritime Hyundai H.I. Sep 156,000 DS Schiffahrts GmbH Jiangsu Rongsheng Sep 150,000 Transpetro Atlantico Sul Sep 160,000 Great Eastern Shpg. Hyundai H.I. Oct 160,000 Phoenix Energy Nav. Hyundai H.I. Oct 158,000 Quest Maritime Hyundai H.I. Oct 158,000 Kyla Shipping Co. Hyundai Samho Nov 158,000 Quest Maritime Hyundai H.I. Nov 156,000 DS Schiffahrts GmbH Jiangsu Rongsheng Nov 160,000 Seaarland Shpg.Mgmnt Hyundai H.I. Dec 158,000 Quest Maritime Hyundai H.I. Dec 158,000 Quest Maritime Hyundai H.I. Dec 150,545 Gungen Denizcilik Hyundai H.I. Dec 150,545 Gungen Denizcilik Hyundai H.I. Dec 150,000 Transpetro Atlantico Sul Dec Total 53 Vessel(s) of 8,190,090 DWT. 158,000 Quest Maritime Hyundai H.I. Jan 158,000 Newfront Shipping SA Hyundai H.I. Mar 150,000 Transpetro Atlantico Sul Mar 159,000 Cardiff Marine Inc. Samsung H.I. Apr 159,000 Cardiff Marine Inc. Samsung H.I. Jun 150,000 Transpetro Atlantico Sul Jun 150,000 Transpetro Atlantico Sul Sep 150,000 Transpetro Atlantico Sul Dec Total 8 Vessel(s) of 1,234,000 DWT.

Aframax Tankers (80-119,999 dwt tonnes) No. Vessels(end) 2007 2008 Apr- Orderbook Fleet Totals 745 782 815 63 Deliveries 56 68 44 88 Scrapping 10 12 3 + 59 Contracting 83 33 5 Total 210 Orderbook 289 249 210 % Fleet 25.8% (m) DWT (end) 2007 2008 Apr- Orderbook Fleet Totals 76.6 81.1 84.94 6.94 Deliveries 6.2 7.4 4.85 9.73 Scrapping 0.9 1.1 0.29 + 6.43 Contracting 9.0 3.7 0.57 Total 23.10 Orderbook 31.7 27.4 23.10 % Fleet 27.2% c = Coated Tanks (m) DWT 2 18.0 16.0 14.0 12.0 1 8.0 6.0 4.0 2.0 1998 1999 2000 2001 2002 Deliveries 2003 2004 2005 2006 2007 Contracting 2008 Source: Clarkson Research Services 107,506 Seaworld Mngt & Trdg Tsuneishi Zosen Feb 104,000 Vinashin Ocean Dung Quat Shipyard Feb 115,406 Aktif Denizcilik c STX Shipbuild. Mar 114,000 Stealth Maritime c New Times S.B. Apr 113,800 Byzantine Maritime. c Sungdong S.B. Apr 113,091 Interorient Nav. Co. c New Times S.B. Apr 112,723 Seaarland Shpg.Mgmnt c New Times S.B. Apr 110,000 China Ocean (COSCO) Dalian Shipbld. Ind. Apr 108,628 Montanari, Navigaz. Hudong Zhonghua Apr 107,510 Mitsui & Co. Ltd. Tsuneishi Zosen Apr 104,900 Cido Shipping Sumitomo H.I. Apr 114,500 Mitsui O.S.K. Lines c Sasebo H.I. May 112,927 Novoship (UK) Ltd. c Hyundai H.I. May 108,943 Ocean Tankers Pte Waigaoqiao S/Y May 104,535 Primorsk Shpg. Corp. Hyundai H.I. May 115,459 Emarat Maritime LLC Hanjin H.I. Jun 114,000 Scorship Navigation New Times S.B. Jun 108,943 Ocean Tankers Pte Waigaoqiao S/Y Jun 106,850 Cardiff Marine Inc. c Waigaoqiao S/Y Jun 106,850 Cardiff Marine Inc. Waigaoqiao S/Y Jun 104,900 Cido Shipping Sumitomo H.I. Jun 104,535 Primorsk Shpg. Corp. Hyundai H.I. Jun 114,000 Scorship Navigation New Times S.B. Jul 113,800 Byzantine Maritime. c Sungdong S.B. Jul 112,927 Novoship (UK) Ltd. c Hyundai H.I. Jul 112,927 Novoship (UK) Ltd. c Hyundai H.I. Jul 110,000 China Ocean (COSCO) Dalian Shipbld. Ind. Jul 110,000 Emirates Trading Mitsui SB Jul 108,628 Montanari, Navigaz. Hudong Zhonghua Jul 115,873 Minerva Marine Inc. Samsung H.I. Aug 115,459 Emarat Maritime LLC Hanjin H.I. Aug 115,000 Chandris (Hellas) c Samsung H.I. Aug 114,500 Cido Shipping c Sasebo H.I. Aug 107,500 Polyar Tankers AS Tsuneishi Zosen Aug 107,500 Transpetrol Services c Tsuneishi Zosen Aug 105,000 Tsakos Energy Nav. Sumitomo H.I. Aug 114,500 Cido Shipping c Sasebo H.I. Sep 114,000 Marine Management c New Century S/Y Sep 113,800 Byzantine Maritime. c Sungdong S.B. Sep 112,927 Novoship (UK) Ltd. c Hyundai H.I. Sep 108,628 Montanari, Navigaz. Hudong Zhonghua Sep 107,617 Diamond Tanker Tsuneishi Zosen Sep 105,333 Maran Tankers Mngt. Hyundai H.I. Sep 105,333 Maran Tankers Mngt. Hyundai H.I. Sep 115,459 Emarat Maritime LLC Hanjin H.I. Oct 114,500 Unknown Owner c Sasebo H.I. Oct 114,000 Kyoei Tanker Co. c Sasebo H.I. Oct 110,000 Fratelli D'Amato Hudong Zhonghua Oct 105,000 Tsakos Energy Nav. Sumitomo H.I. Oct 114,000 Schoeller Holdings c New Century S/Y Nov 107,500 Polyar Tankers AS Tsuneishi Zosen Nov 105,000 Petrovietnam Trans. Dung Quat Shipyard Nov 105,000 Flopec Hyundai H.I. Nov 115,459 Emarat Maritime LLC Hanjin H.I. Dec 114,000 Marine Management c New Century S/Y Dec 110,000 Emirates Trading Mitsui SB Dec 110,000 Fratelli D'Amato Hudong Zhonghua Dec 110,000 Bottiglieri, Rizzo Hudong Zhonghua Dec 108,628 Montanari, Navigaz. Hudong Zhonghua Dec 107,500 American Eagle Tnker Tsuneishi Zosen Dec 106,850 Cardiff Marine Inc. c Waigaoqiao S/Y Dec 105,387 Scinicariello Sumitomo H.I. Dec 105,000 Tsakos Energy Nav. Sumitomo H.I. Dec Total 63 Vessel(s) of 6,942,541 DWT. 115,459 Emarat Maritime LLC Hanjin H.I. 115,459 Emarat Maritime LLC Hanjin H.I. 115,000 K. G. Jebsen c Hyundai Samho 115,000 K. G. Jebsen c Hyundai Samho 115,000 K. G. Jebsen c Hyundai Samho 115,000 K. G. Jebsen c Hyundai Samho 113,270 Dunya Denizcilik c SPP Plant & Shipbldg 113,000 Dunya Denizcilik c SPP Plant & Shipbldg 113,000 Dunya Denizcilik c SPP Plant & Shipbldg 110,000 Bottiglieri, Rizzo c Hudong Zhonghua 110,000 Bottiglieri, Rizzo c Hudong Zhonghua 105,000 Fal Shipping Co. Hyundai H.I. 105,000 Fal Shipping Co. Hyundai H.I. 114,700 Premuda S.P.A.N. c Samsung H.I. Jan 114,000 Marine Management c New Century S/Y Jan 107,500 Transpetrol Services c Tsuneishi Zosen Jan 107,500 Polyar Tankers AS Tsuneishi Zosen Jan 105,000 Pleiades Shpg. Agcy. Sumitomo H.I. Jan 105,000 Flopec Hyundai H.I. Jan 115,873 Geden Line Samsung H.I. Feb 115,000 Premuda S.P.A.N. Samsung H.I. Feb 114,700 Golden Energy Mngt. Sungdong S.B. Feb 114,500 Tanker Pacific Mngt. c Sasebo H.I. Feb 114,000 Kaptanoglu Shpg. Grp HHIC-Phil. Inc. Feb 106,850 Cardiff Marine Inc. c Waigaoqiao S/Y Feb 105,000 Pleiades Shpg. Agcy. Sumitomo H.I. Feb 105,000 Tsakos Energy Nav. Sumitomo H.I. Feb 114,000 Schoeller Holdings c New Century S/Y Mar 110,000 Bottiglieri, Rizzo Hudong Zhonghua Mar 107,500 American Eagle Tnker Tsuneishi Zosen Mar 114,700 Golden Energy Mngt. Sungdong S.B. Apr 114,000 Kaptanoglu Shpg. Grp HHIC-Phil. Inc. Apr 110,000 China Ocean (COSCO) Dalian Shipbld. Ind. Apr 107,500 Polyar Tankers AS Tsuneishi Zosen Apr 107,500 American Eagle Tnker Tsuneishi Zosen Apr 106,850 Cardiff Marine Inc. c Waigaoqiao S/Y Apr 105,830 Chambal Fertilisers Hyundai H.I. Apr 104,880 DSD Shipping A/S Sumitomo H.I. Apr 115,873 Geden Line Samsung H.I. May 114,500 Tanker Pacific Mngt. c Sasebo H.I. May 105,000 ST Shipping & Trans. c Hyundai H.I. May 115,873 Geden Line Samsung H.I. Jun 115,000 Yasa Shpg. Industry Samsung H.I. Jun 114,700 Golden Energy Mngt. Sungdong S.B. Jun 114,700 Int. Andromeda Shpg. c Samsung H.I. Jun 110,000 China Merchants Dalian Shipbld. Ind. Jun 105,000 ST Shipping & Trans. c Hyundai H.I. Jun 104,200 Unknown Owner Sumitomo H.I. Jun 85,000 Pertamina Direktorat Jiangsu Eastern Jun 114,000 Sovcomflot JSC Hyundai Samho Jul

110,000 Shpg. Corp. of India Hyundai H.I. Jul 109,000 Teekay Corporation Samsung H.I. Jul 107,500 American Eagle Tnker Tsuneishi Zosen Jul 107,500 Polyar Tankers AS Tsuneishi Zosen Jul 105,000 ADNATCO c Hyundai H.I. Jul 114,700 Golden Energy Mngt. Sungdong S.B. Aug 114,700 Premuda S.P.A.N. c Samsung H.I. Aug 110,500 Unknown Owner Mitsui SB Aug 110,000 Unknown Owner Hyundai H.I. Aug 104,200 Unknown Owner Sumitomo H.I. Aug 114,000 Sovcomflot JSC Hyundai Samho Sep 110,000 Knutsen O.A.S. Shpg. COSCO (Nantong) Sep 109,000 Teekay Corporation Samsung H.I. Sep 105,000 ADNATCO c Hyundai H.I. Sep 115,873 Geden Line Samsung H.I. Oct 115,873 Geden Line Samsung H.I. Oct 115,873 Geden Line Samsung H.I. Oct 114,800 Finaval S.P.A. Samsung H.I. Oct 114,700 Golden Energy Mngt. Sungdong S.B. Oct 114,000 Sovcomflot JSC Hyundai Samho Oct 110,000 Shpg. Corp. of India Hyundai H.I. Oct 107,500 Polyar Tankers AS Tsuneishi Zosen Oct 114,800 Finaval S.P.A. Samsung H.I. Nov 114,000 Euronav (UK) Agen. Hanjin H.I. Nov 110,000 Shpg. Corp. of India Hyundai H.I. Nov 110,000 Unknown Owner Hyundai H.I. Nov 107,000 Unknown Owner c Hudong Zhonghua Nov 105,387 Pleiades Shpg. Agcy. Sumitomo H.I. Nov 105,000 Petrovietnam Trans. Dung Quat Shipyard Nov 104,200 Unknown Owner Sumitomo H.I. Nov 115,000 Yasa Shpg. Industry Samsung H.I. Dec 114,700 Premuda S.P.A.N. c Samsung H.I. Dec 114,700 Int. Andromeda Shpg. c Samsung H.I. Dec 114,700 Golden Energy Mngt. Sungdong S.B. Dec 114,000 Sovcomflot JSC Hyundai Samho Dec 110,000 Knutsen O.A.S. Shpg. COSCO (Nantong) Dec 107,500 Polyar Tankers AS Tsuneishi Zosen Dec 105,387 Pleiades Shpg. Agcy. Sumitomo H.I. Dec Total 88 Vessel(s) of 9,727,510 DWT. 110,000 Bottiglieri, Rizzo c Tsuneishi Zosen Oct 114,500 Cido Shipping c Sasebo H.I. Nov 112,100 Cido Shipping c Hyundai H.I. Nov 110,500 Unknown Owner Mitsui SB Nov 115,000 Cardiff Marine Inc. Samsung H.I. Dec 114,700 Gulf Energy Maritime c Samsung H.I. Dec 107,500 American Eagle Tnker Tsuneishi Zosen Dec Total 50 Vessel(s) of 5,443,920 DWT. 115,000 Cardiff Marine Inc. Samsung H.I. Jan 114,500 Kawasaki Kisen c Sasebo H.I. Jan 110,500 Unknown Owner Mitsui SB Feb 115,000 Cardiff Marine Inc. Samsung H.I. Mar Total 4 Vessel(s) of 455,000 DWT. 107,000 Transpetro Atlantico Sul Aug 107,000 Transpetro Atlantico Sul Oct 107,000 Transpetro Atlantico Sul Dec Total 3 Vessel(s) of 321,000 DWT. 2014 107,000 Transpetro Atlantico Sul Feb 2014 107,000 Transpetro Atlantico Sul Apr 2014 Total 2 Vessel(s) of 214,000 DWT. 104,280 Fuyo Kaiun Co. Ltd. Sumitomo H.I. 104,280 Evalend Shpg. Sumitomo H.I. 104,280 Evalend Shpg. Sumitomo H.I. 104,280 Fuyo Kaiun Co. Ltd. Sumitomo H.I. 95,000 Shpg. Corp. of India c Hyundai H.I. 95,000 Shpg. Corp. of India c Hyundai H.I. 115,000 Cardiff Marine Inc. Samsung H.I. Jan 115,000 Cardiff Marine Inc. Samsung H.I. Jan 114,000 Euronav (UK) Agen. Hanjin H.I. Jan 105,000 Petrovietnam Trans. Dung Quat Shipyard Jan 104,200 Unknown Owner Sumitomo H.I. Jan 85,000 Pertamina Direktorat Jiangsu Eastern Jan 85,000 Pertamina Direktorat Jiangsu Eastern Jan 114,700 Int. Andromeda Shpg. c Samsung H.I. Feb 110,000 Shpg. Corp. of India Hyundai H.I. Feb 107,500 Unknown Owner Tsuneishi Zosen Feb 113,000 Euroceanica (UK) SPP Plant & Shipbldg Mar 113,000 Euroceanica (UK) SPP Plant & Shipbldg Mar 107,000 Unknown Owner c Hudong Zhonghua Mar 115,000 Geden Line Samsung H.I. Apr 114,700 Int. Andromeda Shpg. c Samsung H.I. Apr 114,500 Cido Shipping c Sasebo H.I. Apr 109,000 Teekay Corporation Samsung H.I. Apr 107,500 American Eagle Tnker Tsuneishi Zosen Apr 105,000 ADNATCO c Hyundai H.I. Apr 104,200 Oldendorff, Klaus Sumitomo H.I. Apr 114,000 Ionia Mgmt. S.A. c New Century S/Y May 114,000 Euronav (UK) Agen. Hanjin H.I. May 112,100 Cido Shipping c Hyundai H.I. Jun 110,000 Bottiglieri, Rizzo c Tsuneishi Zosen Jun 107,500 American Eagle Tnker Tsuneishi Zosen Jun 104,200 Oldendorff, Klaus Sumitomo H.I. Jun 115,000 Geden Line Samsung H.I. Jul 114,700 Int. Andromeda Shpg. c Samsung H.I. Jul 114,500 Cido Shipping c Sasebo H.I. Jul 109,000 Teekay Corporation Samsung H.I. Jul 107,500 American Eagle Tnker Tsuneishi Zosen Jul 105,000 ADNATCO c Hyundai H.I. Jul 115,000 Geden Line Samsung H.I. Sep 114,700 Gulf Energy Maritime c Samsung H.I. Sep 114,500 Cido Shipping c Sasebo H.I. Sep 107,500 Unknown Owner Tsuneishi Zosen Sep 115,000 Cardiff Marine Inc. Samsung H.I. Oct

Panamax Tankers (60-79,999 dwt tonnes) No. Vessels(end) 2007 2008 Apr- Orderbook Fleet Totals 342 371 384 36 Deliveries 42 42 18 26 Scrapping 3 7 2 + 40 Contracting 52 16 1 Total 102 Orderbook 145 119 102 % Fleet 26.6% (m) DWT (end) 2007 2008 Apr- Orderbook Fleet Totals 24.0 26.2 27.21 2.62 Deliveries 3.1 3.1 1.34 1.90 Scrapping 0.2 0.5 0.13 + 2.96 Contracting 3.8 1.2 8 Total 7.47 Orderbook 10.6 8.7 7.47 % Fleet 27.4% c = Coated Tanks 7.0 6.0 5.0 4.0 3.0 2.0 1.0 (m) DWT 1998 1999 2000 2001 2002 Deliveries 2003 2004 2005 2006 Contracting 2007 2008 Source: Clarkson Research Services 63,000 Nat. Iranian Tanker IMICO Jan 74,296 Tsakos Energy Nav. c Sungdong S.B. Mar 73,981 Seaarland Shpg.Mgmnt c New Century S/Y May 73,800 Formosa Plastics Co. c STX Shipbuild. May 73,634 Schoeller Holdings c New Century S/Y May 76,000 China Shpg. Tankers Dalian Shipbld. Ind. Jun 74,868 Great Eastern Shpg. c STX Shipbuild. Jun 73,800 Formosa Plastics Co. c STX Shipbuild. Jun 63,000 Nat. Iranian Tanker IMICO Jun 74,999 Gulf Energy Maritime c Hyundai Mipo Jul 73,800 Formosa Plastics Co. c STX Shipbuild. Jul 73,000 Dynacom Tankers Mngt c New Century S/Y Jul 73,000 Dynacom Tankers Mngt c New Century S/Y Jul 73,000 New Continent Int. c New Times S.B. Jul 73,000 Dynacom Tankers Mngt c New Century S/Y Jul 73,800 Formosa Plastics Co. c STX Shipbuild. Aug 70,000 Sovcomflot JSC Admiralty S.Y. Aug 76,000 China Shpg. Tankers Dalian Shipbld. Ind. Sep 75,000 Unknown Owner c New Century S/Y Sep 74,450 Prime Marine Mngt c Brodosplit Sep 73,000 New Continent Int. c New Times S.B. Sep 73,000 New Continent Int. c New Times S.B. Sep 76,547 BW Shipping Agency c Dalian Shipbld. Ind. Oct 74,999 Gulf Energy Maritime c Hyundai Mipo Oct 65,125 Stena Bulk AB c Brodosplit Oct 75,000 Unknown Owner c New Century S/Y Nov 73,719 Prime Marine Mngt c STX Shipbuild. Nov 73,719 Prime Marine Mngt c STX Shipbuild. Nov 73,500 Roxana Shipping S.A. c SPP Plant & Shipbldg Nov 76,000 China Shpg. Tankers Dalian Shipbld. Ind. Dec 74,999 Gulf Energy Maritime c Hyundai Mipo Dec 74,998 Mitsui O.S.K. Lines c Minami Nippon Dec 73,719 Prime Marine Mngt c STX Shipbuild. Dec 73,719 Prime Marine Mngt c STX Shipbuild. Dec 65,125 Stena Bulk AB c Brodosplit Dec 63,000 Nat. Iranian Tanker IMICO Dec Total 36 Vessel(s) of 2,616,597 DWT. 73,500 Roxana Shipping S.A. c SPP Plant & Shipbldg 73,500 Roxana Shipping S.A. c SPP Plant & Shipbldg 73,500 Roxana Shipping S.A. c SPP Shipbuilding 73,500 Roxana Shipping S.A. c SPP Plant & Shipbldg Feb 76,000 China Shpg. Tankers Dalian Shipbld. Ind. Mar 73,000 Unknown Owner c New Times S.B. Apr 72,400 Shpg. Corp. of India c STX Shipbuild. Apr 70,000 Sovcomflot JSC Admiralty S.Y. Apr 70,000 PDV Marina S.A. c EISA Shipyard Apr 72,400 Shpg. Corp. of India c STX Shipbuild. May 76,000 China Shpg. Tankers Dalian Shipbld. Ind. Jun 74,998 Mitsui O.S.K. Lines c Minami Nippon Jun 72,400 Shpg. Corp. of India c STX Shipbuild. Jun 72,400 Shpg. Corp. of India c STX Shipbuild. Jun 70,000 PDV Marina S.A. c EISA Shipyard Jun 72,400 Shpg. Corp. of India c STX Shipbuild. Jul 72,400 Shpg. Corp. of India c STX Shipbuild. Jul 70,000 PDV Marina S.A. c EISA Shipyard Aug 76,000 China Shpg. Tankers Dalian Shipbld. Ind. Sep 70,000 PDV Marina S.A. c EISA Shipyard Oct 75,000 Jacob Tankschiff. c Dalian Shipbld. Ind. Nov 74,000 ADNATCO c STX Shipbuild. Nov 73,500 Overseas Shipholding c SPP Plant & Shipbldg Nov 75,000 GrandUnion Inc. c Sungdong S.B. Dec 73,500 Overseas Shipholding c SPP Plant & Shipbldg Dec 70,000 PDV Marina S.A. c EISA Shipyard Dec Total 26 Vessel(s) of 1,895,398 DWT. 75,000 Navig8 c Sungdong S.B. 75,000 Jacob Tankschiff. c Dalian Shipbld. Ind. 75,000 Jacob Tankschiff. c Dalian Shipbld. Ind. 75,000 Jacob Tankschiff. c Dalian Shipbld. Ind. 73,500 Overseas Shipholding c SPP Plant & Shipbldg Jan 75,000 Cido Shipping c Sungdong S.B. Feb 75,000 GrandUnion Inc. c Sungdong S.B. Feb 74,998 Mitsui O.S.K. Lines c Minami Nippon Feb 73,500 Geden Line c SPP Shipbuilding Feb 73,500 Overseas Shipholding c SPP Plant & Shipbldg Feb 70,000 PDV Marina S.A. c EISA Shipyard Feb 74,000 ADNATCO c STX Shipbuild. Mar 73,500 Roxana Shipping S.A. c SPP Shipbuilding Mar 75,000 Cido Shipping c Sungdong S.B. Apr 73,500 Geden Line c SPP Shipbuilding Apr 70,000 PDV Marina S.A. c EISA Shipyard Apr 74,000 ADNATCO c STX Shipbuild. May 73,500 Geden Line c SPP Shipbuilding May 73,500 Overseas Shipholding c SPP Plant & Shipbldg May 69,000 J. Lauritzen COSCO (Nantong) May 75,000 Cido Shipping c Sungdong S.B. Jun 74,000 ADNATCO c STX Shipbuild. Jun 73,500 Roxana Shipping S.A. c SPP Plant & Shipbldg Jun 70,000 PDV Marina S.A. c EISA Shipyard Jun 76,000 China Shpg. Tankers Dalian Shipbld. Ind. Jul 73,500 Overseas Shipholding c SPP Plant & Shipbldg Jul 73,500 Geden Line c SPP Shipbuilding Jul 75,000 Cido Shipping c Sungdong S.B. Aug 73,500 Roxana Shipping S.A. c SPP Plant & Shipbldg Aug 76,000 China Shpg. Tankers Dalian Shipbld. Ind. Sep 75,000 Cido Shipping c Sungdong S.B. Oct 74,998 Mitsui O.S.K. Lines c Minami Nippon Oct 69,000 J. Lauritzen COSCO (Nantong) Oct 76,000 China Shpg. Tankers Dalian Shipbld. Ind. Nov 76,000 China Shpg. Tankers Dalian Shipbld. Ind. Dec 75,000 Cido Shipping c Sungdong S.B. Dec Total 36 Vessel(s) of 2,657,496 DWT. 75,000 Transpetro EISA Shipyard Aug 75,000 Transpetro EISA Shipyard Nov Total 2 Vessel(s) of 150,000 DWT. 75,000 Transpetro EISA Shipyard May 75,000 Transpetro EISA Shipyard Sep Total 2 Vessel(s) of 150,000 DWT.

Handy Products Tankers (10-59,999 dwt tonnes) No. Vessels(end) 2007 2008 Apr- Orderbook Fleet Totals 1,464 1,554 1,581 159 Deliveries 108 142 44 139 Scrapping 52 28 13 + 78 Contracting 117 86 5 Total 376 Orderbook 476 415 376 % Fleet 23.8% (m) DWT (end) 2007 2008 Apr- Orderbook Fleet Totals 52.5 57.0 58.41 6.45 Deliveries 4.4 6.1 1.98 6.21 Scrapping 1.7 0.9 0.41 + 3.59 Contracting 5.1 3.6 0.14 Total 16.26 Orderbook 20.8 18.1 16.26 % Fleet 27.8% Includes IMO III Only Chemical Tankers (m) DWT 12.0 1 8.0 6.0 4.0 2.0 1998 1999 2000 2001 2002 Deliveries 2003 2004 2005 2006 2007 Contracting 2008 Source: Clarkson Research Services 46,500 China Shpg. Tankers c CIC (Jiangsu) 46,500 China Shpg. Tankers c CIC (Jiangsu) 45,000 Transpetro c Maua Jurong 45,000 Transpetro c Maua Jurong 45,000 Transpetro c Maua Jurong 40,037 Unicorn Shipping c SLS Shipbuilding 35,000 Nat. Iranian Tanker c ISOICO 35,000 Nat. Iranian Tanker c ISOICO 13,030 Safinat An-Najaat c Krasnoy Sormovo 10,000 Altomare S.A. c Haidong S/yard 10,000 Altomare S.A. c Haidong S/yard 10,000 Fairdeal Group Mngt. c Xinshun Shipbuilding 10,000 Altomare S.A. c Haidong S/yard 10,000 Fairdeal Group Mngt. c Xinshun Shipbuilding 10,000 Altomare S.A. c Haidong S/yard 10,000 Unknown Owner c Xinshun Shipbuilding 51,000 Fulltankers S.r.l. c SLS Shipbuilding Jan 49,700 KCL Marine Pte. Ltd. c SLS Shipbuilding Jan 47,400 Sovcomflot JSC c Admiralty S.Y. Jan 46,000 CSC Nanjing Tanker c Jinling Shipyard Jan 41,000 Ocean Tankers Pte c SLS Shipbuilding Jan 24,000 G. D'Alesio S.A.S. c PT Pal Jan 16,800 Pacific Carriers c Fujian Baima Jan 12,365 Unknown Owner Zelenodolsk Jan 10,000 Fairdeal Group Mngt. c Xinshun Shipbuilding Jan 51,000 Morfini S.P.A. c SLS Shipbuilding Feb 41,000 Ocean Tankers Pte c SLS Shipbuilding Feb 40,000 Unicorn Shipping c SLS Shipbuilding Feb 40,000 China Shpg. Tankers c Guangzhou S.Y. Int. Feb 16,500 Schulte Group c Jiangzhou S/Y Feb 51,000 Eletson Corp. c SLS Shipbuilding Mar 51,000 Eletson Corp. c SLS Shipbuilding Mar 51,000 Medcare Shipping SA c SLS Shipbuilding Mar 50,100 Target Marine S.A. c SPP Shipbuilding Mar 47,128 Cido Shipping c Hyundai Mipo Mar 46,000 CSC Nanjing Tanker c Jinling Shipyard Mar 46,000 CSC Nanjing Tanker c Jinling Shipyard Mar 24,000 G. D'Alesio S.A.S. c PT Pal Mar 22,000 Hong Lam Marine c Yangzhou Kejin Mar 12,000 Capital Ship Mngt. c Fujian Baima Mar 12,000 Capital Ship Mngt. c Fujian Baima Mar 50,973 Primorsk Shpg. Corp. c STX Shipbuild. Apr 49,700 Ocean Tankers Pte c SLS Shipbuilding Apr 49,700 KCL Marine Pte. Ltd. c SLS Shipbuilding Apr 48,673 Shoei Kisen K.K. c Iwagi Zosen Apr 48,000 Kyosei Kisen c Iwagi Zosen Apr 47,128 Cido Shipping c Hyundai Mipo Apr 41,000 Ocean Tankers Pte c SLS Shipbuilding Apr 16,500 Schulte Group c Jiangzhou S/Y Apr 51,149 Cido Shipping c STX Shipbuild. May 51,000 Morfini S.P.A. c SLS Shipbuilding May 50,973 Primorsk Shpg. Corp. c STX Shipbuild. May 50,973 Primorsk Shpg. Corp. c STX Shipbuild. May 50,100 Target Marine S.A. c SPP Shipbuilding May 50,000 Yasa Shpg. Industry c SPP Plant & Shipbldg May 50,000 Top Ships Inc. c SPP Plant & Shipbldg May 48,000 Unknown Owner c Iwagi Zosen May 47,000 Mitsui O.S.K. Lines c Onomichi Dockyd May 46,600 Interorient Nav. Co. c Hyundai Mipo May 46,600 Stealth Maritime c Hyundai Mipo May 46,345 CSC Nanjing Tanker c Bohai Shipbld. May 45,800 Unknown Owner c Shin Kurushima May 40,000 Morfini S.P.A. c SLS Shipbuilding May 51,149 Cido Shipping c STX Shipbuild. Jun 50,100 Polyar Tankers AS c SPP Plant & Shipbldg Jun 50,000 Yasa Shpg. Industry c SPP Plant & Shipbldg Jun 50,000 Top Ships Inc. c SPP Plant & Shipbldg Jun 49,700 Ocean Tankers Pte c SLS Shipbuilding Jun 47,000 Mitsui O.S.K. Lines c Onomichi Dockyd Jun 46,600 Interorient Nav. Co. c Hyundai Mipo Jun 46,000 CSC Nanjing Tanker c Jinling Shipyard Jun 45,800 Unknown Owner c Shin Kurushima Jun 43,000 German Tanker Shpg. c Lindenau Jun 40,000 Morfini S.P.A. c SLS Shipbuilding Jun 38,500 Reederei H. Vogemann c Guangzhou S.Y. Int. Jun 37,000 Cido Shipping c Hyundai Mipo Jun 22,000 Hong Lam Marine c Yangzhou Kejin Jun 17,500 Pertamina Direktorat c Kodja Bahari Jun 10,000 Fairdeal Group Mngt. c Xinshun Shipbuilding Jun 52,000 Reederei C.-P. Offen c Hyundai Mipo Jul 51,870 Eletson Corp. c Hyundai Mipo Jul 51,149 Cido Shipping c STX Shipbuild. Jul 51,000 ST Shipping & Trans. c SLS Shipbuilding Jul 50,100 Geden Line c SPP Shipbuilding Jul 50,100 Polyar Tankers AS c SPP Plant & Shipbldg Jul 47,333 Mitsui O.S.K. Lines c Onomichi Dockyd Jul 47,128 Cido Shipping c Hyundai Mipo Jul 46,345 CSC Nanjing Tanker c Bohai Shipbld. Jul 45,800 Mitsui Warehouse Co. c Shin Kurushima Jul 45,800 Unknown Owner c Shin Kurushima Jul 40,416 Augusta Due S.r.l. c Santierul Naval Jul 40,416 Histria Shipmngt. c Santierul Naval Jul 40,400 Motia Compagnia di N c Santierul Naval Jul 37,000 Interorient Nav. Co. c Hyundai Mipo Jul 16,500 Schulte Group c Jiangzhou S/Y Jul 53,160 Torm, Dampskibss c Guangzhou S.Y. Int. Aug 51,149 Cido Shipping c STX Shipbuild. Aug 50,500 Norden D/S A/S c Guangzhou S.Y. Int. Aug 50,100 Geden Line c SPP Shipbuilding Aug 49,000 U.S. Shipping Ptnrs. c Gen. Dynamics NASSCO Aug 47,333 Mitsui O.S.K. Lines c Onomichi Dockyd Aug 46,646 D'Amico Soc. di Nav. c Naikai S.B. Aug 46,600 ST Shipping & Trans. c Hyundai Mipo Aug 46,600 ST Shipping & Trans. c Hyundai Mipo Aug 46,346 CSC Nanjing Tanker c Bohai Shipbld. Aug 46,000 Formosa Plastics Co. c Jinling Shipyard Aug 40,000 Ionia Mgmt. S.A. c SLS Shipbuilding Aug 10,000 Sumatec Resources c Yangzhou Kejin Aug 51,830 Polyar Tankers AS c Hyundai Mipo Sep 51,149 Cido Shipping c STX Shipbuild. Sep 51,000 ST Shipping & Trans. c SLS Shipbuilding Sep 50,100 Geden Line c SPP Shipbuilding Sep 49,700 Ocean Tankers Pte c SLS Shipbuilding Sep 49,700 Polyar Tankers AS c SLS Shipbuilding Sep 46,646 Unknown Owner c Naikai S.B. Sep

37,000 Cido Shipping c Hyundai Mipo Sep 13,000 Kazmortransflot c Krasnoy Sormovo Sep 10,000 Sumatec Resources c Yangzhou Kejin Sep 53,160 LGR di Navigazione c Guangzhou S.Y. Int. Oct 53,000 D'Amico Soc. di Nav. c Shin Kurushima Oct 51,000 ST Shipping & Trans. c SLS Shipbuilding Oct 48,000 Unknown Owner c Iwagi Zosen Oct 48,000 D'Amico Soc. di Nav. c Iwagi Zosen Oct 47,333 Unknown Owner c Onomichi Dockyd Oct 46,646 D'Amico Soc. di Nav. c Naikai S.B. Oct 46,600 Orix Maritime Corp. c Hyundai Mipo Oct 46,600 Interorient Nav. Co. c Hyundai Mipo Oct 46,600 Interorient Nav. Co. c Hyundai Mipo Oct 40,000 Ionia Mgmt. S.A. c SLS Shipbuilding Oct 38,431 Norden D/S A/S c Guangzhou S.Y. Int. Oct 13,000 Palmali Shipping c Krasnoy Sormovo Oct 13,000 Palmali Shipping c Krasnoy Sormovo Oct 51,000 ST Shipping & Trans. c SLS Shipbuilding Nov 49,000 U.S. Shipping Ptnrs. c Gen. Dynamics NASSCO Nov 48,000 Unknown Owner c Iwagi Zosen Nov 48,000 Unknown Owner c Iwagi Zosen Nov 47,333 Socomar S.R.L. c Onomichi Dockyd Nov 46,600 Interorient Nav. Co. c Hyundai Mipo Nov 40,000 China Shpg. Tankers c Guangzhou S.Y. Int. Nov 37,836 Rigel Schiffahrts c Hyundai Mipo Nov 53,160 Torm, Dampskibss c Guangzhou S.Y. Int. Dec 51,870 Eletson Corp. c Hyundai Mipo Dec 50,500 Motia Compagnia di N c Guangzhou S.Y. Int. Dec 49,700 Polyar Tankers AS c SLS Shipbuilding Dec 49,700 Polyar Tankers AS c SLS Shipbuilding Dec 47,333 Socomar S.R.L. c Onomichi Dockyd Dec 47,128 Geden Line c Hyundai Mipo Dec 47,000 PDV Marina S.A. c EISA Shipyard Dec 47,000 Shpg. Corp. of India c Jinling Shipyard Dec 46,600 Interorient Nav. Co. c Hyundai Mipo Dec 46,000 Formosa Plastics Co. c Jinling Shipyard Dec 45,800 Unknown Owner c Shin Kurushima Dec 38,500 Reederei H. Vogemann c Guangzhou S.Y. Int. Dec 37,900 Geden Line c Hyundai Mipo Dec 37,000 Cido Shipping c Hyundai Mipo Dec 37,000 Hartmann Schiff. c Hyundai Mipo Dec 37,000 Interorient Nav. Co. c Hyundai Mipo Dec 17,500 Pertamina Direktorat c Kodja Bahari Dec 10,000 Maritime Consortium c Ningbo Dongfang Dec Total 159 Vessel(s) of 6,453,369 DWT. 53,160 Torm, Dampskibss c Guangzhou S.Y. Int. 53,160 Torm, Dampskibss c Guangzhou S.Y. Int. 53,160 Torm, Dampskibss c Guangzhou S.Y. Int. 53,160 Torm, Dampskibss c Guangzhou S.Y. Int. 53,160 Torm, Dampskibss c Guangzhou S.Y. Int. 53,160 Torm, Dampskibss c Guangzhou S.Y. Int. 52,000 Overseas Shipholding c Hyundai Mipo 52,000 Overseas Shipholding c Hyundai Mipo 52,000 Ray Shipping c Hyundai Mipo 50,122 Benelux Overseas c SPP Plant & Shipbldg 50,100 Byzantine Maritime. c SPP Plant & Shipbldg 50,100 Byzantine Maritime. c SPP Plant & Shipbldg 50,000 Vinalines c Bach Dang S/Y 49,000 CSC Nanjing Tanker c Bohai Shipbld. 49,000 CSC Nanjing Tanker c Bohai Shipbld. 49,000 CSC Nanjing Tanker c Bohai Shipbld. 49,000 CSC Nanjing Tanker c Bohai Shipbld. 49,000 CSC Nanjing Tanker c Bohai Shipbld. 49,000 CSC Nanjing Tanker c Bohai Shipbld. 48,000 Unknown Owner c Iwagi Zosen 47,128 Cido Shipping c Hyundai Mipo 47,128 Cido Shipping c Hyundai Mipo 47,000 PDV Marina S.A. c ARS 46,000 China Shpg. Tankers c CIC (Jiangsu) 46,000 China Shpg. Tankers c CIC (Jiangsu) 45,000 Transpetro c Maua Jurong 37,000 ST Shipping & Trans. c Hyundai Mipo 37,000 ST Shipping & Trans. c Hyundai Mipo 37,000 ST Shipping & Trans. c Hyundai Mipo 37,000 G. D'Alesio S.A.S. c Hyundai Mipo 37,000 G. D'Alesio S.A.S. c Hyundai Mipo 10,000 Altomare S.A. c Haidong S/yard 10,000 Altomare S.A. c Haidong S/yard 10,000 Unknown Owner c Xinshun Shipbuilding 10,000 Unknown Owner c Xinshun Shipbuilding 10,000 Unknown Owner c Xinshun Shipbuilding 48,000 Unknown Owner c Iwagi Zosen Jan 47,128 Geden Line c Hyundai Mipo Jan 46,600 Orix Maritime Corp. c Hyundai Mipo Jan 52,000 Reederei C.-P. Offen c Hyundai Mipo Feb 51,830 Polyar Tankers AS c Hyundai Mipo Feb 49,000 U.S. Shipping Ptnrs. c Gen. Dynamics NASSCO Feb 47,333 Sanko S.S. c Onomichi Dockyd Feb 47,000 PDV Marina S.A. c ARS Feb 46,600 ST Shipping & Trans. c Hyundai Mipo Feb 45,800 Unknown Owner c Shin Kurushima Feb 37,000 Cido Shipping c Hyundai Mipo Feb 37,000 Hartmann Schiff. c Hyundai Mipo Feb 53,000 Unknown Owner c Shin Kurushima Mar 51,870 Eletson Corp. c Hyundai Mipo Mar 49,700 Polyar Tankers AS c SLS Shipbuilding Mar 47,333 Sanko S.S. c Onomichi Dockyd Mar 47,000 Shpg. Corp. of India c Jinling Shipyard Mar 47,000 PDV Marina S.A. c EISA Shipyard Mar 46,968 Geden Line c Hyundai Mipo Mar 46,911 American Shpg. Co. c Aker Philadelphia Mar 46,646 Unknown Owner c Naikai S.B. Mar 45,800 Unknown Owner c Shin Kurushima Mar 37,900 Geden Line c Hyundai Mipo Mar 13,000 Kazmortransflot c Krasnoy Sormovo Mar 53,000 Unknown Owner c Shin Kurushima Apr 51,870 Eletson Corp. c Hyundai Mipo Apr 48,000 Unknown Owner c Iwagi Zosen Apr 47,333 Unknown Owner c Onomichi Dockyd Apr 45,800 Unknown Owner c Shin Kurushima Apr 40,400 Motia Compagnia di N c Santierul Naval Apr 40,000 Ionia Mgmt. S.A. c SLS Shipbuilding Apr 37,500 IRISL c Hyundai Mipo Apr 52,000 Reederei C.-P. Offen c Hyundai Mipo May 51,870 Eletson Corp. c Hyundai Mipo May 49,000 U.S. Shipping Ptnrs. c Gen. Dynamics NASSCO May 47,350 Yuyo S.S. c Iwagi Zosen May 47,333 Unique Shpg. (H.K.) c Onomichi Dockyd May 45,800 Taiheiyo Kaiun K.K. c Shin Kurushima May 45,800 Taiheiyo Kaiun K.K. c Shin Kurushima May 13,000 Kazmortransflot c Krasnoy Sormovo May 51,870 Eletson Corp. c Hyundai Mipo Jun 50,400 Gestioni Armatoriali c STX Shipbuild. Jun 50,000 Unknown Owner c Onomichi Dockyd Jun 49,700 Polyar Tankers AS c SLS Shipbuilding Jun 46,600 ST Shipping & Trans. c Hyundai Mipo Jun 40,000 Ionia Mgmt. S.A. c SLS Shipbuilding Jun 30,000 Pertamina Direktorat c Zhejiang Cheng Ye Jun 52,000 Reederei C.-P. Offen c Hyundai Mipo Jul 50,500 Motia Compagnia di N c Guangzhou S.Y. Int. Jul 50,400 PB Tankers S.r.l. c STX Shipbuild. Jul 50,400 PB Tankers S.r.l. c STX Shipbuild. Jul 50,000 Unknown Owner c Onomichi Dockyd Jul 48,000 Unknown Owner c Iwagi Zosen Jul 47,000 PDV Marina S.A. c ARS Jul 46,600 ST Shipping & Trans. c Hyundai Mipo Jul 45,800 Unknown Owner c Shin Kurushima Jul 52,000 Dunya Denizcilik c Hyundai Mipo Aug 51,800 Tankerska Plovidba c Brod. 3 Maj Aug 50,400 Gestioni Armatoriali c STX Shipbuild. Aug 50,000 Unknown Owner c Onomichi Dockyd Aug 49,000 U.S. Shipping Ptnrs. c Gen. Dynamics NASSCO Aug 46,600 ST Shipping & Trans. c Hyundai Mipo Aug 45,800 Unknown Owner c Shin Kurushima Aug 37,500 IRISL c Hyundai Mipo Aug 37,000 ST Shipping & Trans. c Hyundai Mipo Aug 52,000 Dunya Denizcilik c Hyundai Mipo Sep 52,000 Reederei C.-P. Offen c Hyundai Mipo Sep 50,400 Sekwang Shipping Co. c STX Shipbuild. Sep 48,000 Unknown Owner c Iwagi Zosen Sep 45,800 Unknown Owner c Shin Kurushima Sep 37,000 Interorient Nav. Co. c Hyundai Mipo Sep 30,000 Pertamina Direktorat c Zhejiang Cheng Ye Sep 50,000 Samos Steamship c Onomichi Dockyd Oct 47,128 Geden Line c Hyundai Mipo Oct 46,600 ST Shipping & Trans. c Hyundai Mipo Oct 45,800 Unknown Owner c Shin Kurushima Oct 45,800 Unknown Owner c Shin Kurushima Oct 37,900 Geden Line c Hyundai Mipo Oct 37,900 Geden Line c Hyundai Mipo Oct 37,000 Interorient Nav. Co. c Hyundai Mipo Oct 37,000 ST Shipping & Trans. c Hyundai Mipo Oct 52,000 Dunya Denizcilik c Hyundai Mipo Nov 52,000 Reederei C.-P. Offen c Hyundai Mipo Nov 50,000 Unknown Owner c Onomichi Dockyd Nov

49,000 U.S. Shipping Ptnrs. c Gen. Dynamics NASSCO Nov 47,128 Geden Line c Hyundai Mipo Nov 47,128 Geden Line c Hyundai Mipo Nov 46,911 American Shpg. Co. c Aker Philadelphia Nov 46,600 ST Shipping & Trans. c Hyundai Mipo Nov 46,600 ST Shipping & Trans. c Hyundai Mipo Nov 45,800 Unknown Owner c Shin Kurushima Nov 37,900 Geden Line c Hyundai Mipo Nov 52,000 Dunya Denizcilik c Hyundai Mipo Dec 52,000 Reederei C.-P. Offen c Hyundai Mipo Dec 50,400 Sekwang Shipping Co. c STX Shipbuild. Dec 50,000 Unknown Owner c Onomichi Dockyd Dec 48,000 Unknown Owner c Iwagi Zosen Dec 46,600 ST Shipping & Trans. c Hyundai Mipo Dec 45,800 Unknown Owner c Shin Kurushima Dec 37,900 Geden Line c Hyundai Mipo Dec 37,000 ST Shipping & Trans. c Hyundai Mipo Dec 30,000 Pertamina Direktorat c Zhejiang Cheng Ye Dec 24,000 CSC Nanjing Tanker c Zijinshan Shipyard Dec Total 139 Vessel(s) of 6,209,478 DWT. 52,000 TMT Co. Ltd. c Hyundai Mipo 52,000 Ray Shipping c Hyundai Mipo 52,000 TMT Co. Ltd. c Hyundai Mipo 52,000 TMT Co. Ltd. c Hyundai Mipo 50,100 Polyar Tankers AS c SPP Plant & Shipbldg 50,100 Daelim H&L Co. Ltd. c SPP Plant & Shipbldg 50,100 Polyar Tankers AS c SPP Shipbuilding 50,100 Polyar Tankers AS c SPP Plant & Shipbldg 50,100 Daelim H&L Co. Ltd. c SPP Plant & Shipbldg 49,000 Unknown Owner c Bach Dang S/Y 49,000 Unknown Owner c Bach Dang S/Y 47,000 PDV Marina S.A. c ARS 37,500 IRISL c Hyundai Mipo 37,000 G. D'Alesio S.A.S. c Hyundai Mipo 37,000 G. D'Alesio S.A.S. c Hyundai Mipo 52,000 Reederei C.-P. Offen c Hyundai Mipo Jan 50,400 Socomar S.R.L. c STX Shipbuild. Jan 47,128 Cido Shipping c Hyundai Mipo Jan 46,600 ST Shipping & Trans. c Hyundai Mipo Jan 46,600 ST Shipping & Trans. c Hyundai Mipo Jan 46,600 ST Shipping & Trans. c Hyundai Mipo Jan 37,000 Geden Line c Hyundai Mipo Jan 52,000 Dunya Denizcilik c Hyundai Mipo Feb 51,800 Tankerska Plovidba c Brod. 3 Maj Feb 50,000 Unknown Owner c Onomichi Dockyd Feb 49,000 U.S. Shipping Ptnrs. c Gen. Dynamics NASSCO Feb 37,000 ST Shipping & Trans. c Hyundai Mipo Feb 37,000 ST Shipping & Trans. c Hyundai Mipo Feb 37,000 ST Shipping & Trans. c Hyundai Mipo Feb 50,500 Norden D/S A/S c Guangzhou S.Y. Int. Mar 50,400 Socomar S.R.L. c STX Shipbuild. Mar 50,000 Unknown Owner c Onomichi Dockyd Mar 47,000 Geden Line c Hyundai Mipo Mar 46,600 ST Shipping & Trans. c Hyundai Mipo Mar 46,600 ST Shipping & Trans. c Hyundai Mipo Mar 37,000 ST Shipping & Trans. c Hyundai Mipo Mar 30,000 Pertamina Direktorat c Zhejiang Cheng Ye Mar 50,000 Formosa Plastics Co. c Onomichi Dockyd Apr 47,128 Cido Shipping c Hyundai Mipo Apr 47,000 Geden Line c Hyundai Mipo Apr 37,500 IRISL c Hyundai Mipo Apr 37,000 Geden Line c Hyundai Mipo Apr 50,500 Norden D/S A/S c Guangzhou S.Y. Int. May 50,000 Formosa Plastics Co. c Onomichi Dockyd May 49,000 U.S. Shipping Ptnrs. c Gen. Dynamics NASSCO May 37,500 IRISL c Hyundai Mipo May 24,000 CSC Nanjing Tanker c Zijinshan Shipyard May 52,850 G. D'Alesio S.A.S. c Hyundai Mipo Jun 50,000 Meiji Shipping Co. c Onomichi Dockyd Jun 30,000 Pertamina Direktorat c Zhejiang Cheng Ye Jun 37,500 IRISL c Hyundai Mipo Jul 52,000 Latvian Shpg. c Hyundai Mipo Aug 37,500 IRISL c Hyundai Mipo Aug 37,500 IRISL c Hyundai Mipo Aug 24,000 CSC Nanjing Tanker c Zijinshan Shipyard Sep 52,850 G. D'Alesio S.A.S. c Hyundai Mipo Oct 52,000 Latvian Shpg. c Hyundai Mipo Oct 50,400 Atlantska Plovidba c STX Shipbuild. Oct 50,000 Transpetrol Services c Onomichi Dockyd Oct 37,500 IRISL c Hyundai Mipo Oct 50,400 Atlantska Plovidba c STX Shipbuild. Nov 53,160 Torm, Dampskibss c Guangzhou S.Y. Int. Dec 52,000 Latvian Shpg. c Hyundai Mipo Dec 50,000 Transpetrol Services c Onomichi Dockyd Dec 37,500 IRISL c Hyundai Mipo Dec Total 65 Vessel(s) of 2,950,016 DWT. 52,000 Tomasos Brothers c Guangzhou S.Y. Int. Feb 52,000 Latvian Shpg. c Hyundai Mipo Feb 24,000 CSC Nanjing Tanker c Zijinshan Shipyard Feb 53,160 Torm, Dampskibss c Guangzhou S.Y. Int. Mar 52,000 Tomasos Brothers c Guangzhou S.Y. Int. Apr 53,160 Torm, Dampskibss c Guangzhou S.Y. Int. Jun 53,160 Torm, Dampskibss c Guangzhou S.Y. Int. Jun 52,000 Tomasos Brothers c Guangzhou S.Y. Int. Jun 52,000 Tomasos Brothers c Guangzhou S.Y. Int. Aug 50,000 Orix Maritime Corp. c Onomichi Dockyd Oct 50,000 Orix Maritime Corp. c Onomichi Dockyd Dec Total 11 Vessel(s) of 543,480 DWT. 50,000 Orix Maritime Corp. c Onomichi Dockyd Jan 50,000 Orix Maritime Corp. c Onomichi Dockyd Feb Total 2 Vessel(s) of 100,000 DWT.