SHIPOWNERS USING THORDON SEAWATER LUBRICATED PROPELLER SHAFT BEARINGS

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SHIPOWNERS USING THORDON SEAWATER LUBRICATED PROPELLER SHAFT BEARINGS Future Compliant Gaining An Eco-Advantage AUGUST 2016 T H O R D O N B E A R I N G S I N C. ZERO POLLUTION HIGH PERFORMANCE BEARING & SEAL SYSTEMS

Recent Orders Princess Cruises (U.S.A.)- Carnival Corp. 1 143,700 GT cruise ship on order Delivery: 2017 Seabourn Cruise Lines (U.S.A.) - Carnival Corp. 1 40,350 GT cruise ship on order Delivery: 2017 Viking Cruise Lines (Austria) 3 47,800 GT cruise ships on order Delivery: 2016-2017 MSC Mediterranean Shipping (Italy) 2 154,000 GT cruise ships on order Delivery: 2017-2018 Regent Seven Seas Cruises (U.S.A.) - Norwegian Cruise Lines 1 54,000 GT cruise ship on order Delivery: 2016 COSCO (China) 2 28,000 DWT container/dry cargo, 3 36,000 DWT container /dry cargo, 2 38,500 DWT bulk carriers,1 50,000 DWT & 1 90,000 DWT semi-submersible vessels on order, Thor-Coat, WQP Delivery: 2015-2017 Nangtong, Shanghai, Guangzhou (China) Page 1

Recent Orders Matson Navigation Co. Inc. (U.S.A.) 2 46,000 DWT 3600 TEU container ships on order To be equipped with COMPAC system, Shaft Liners, Thor-Coat, WQP Delivery: 2018 Aker Philadelphia Shipyard (U.S.A.) Alaskan Ferries (U.S.A.) 2 Alaska Class ferries on order Delivery: 2018 Vigor Industrial Shipyard (U.S.A.) Interlake Steamships (U.S.A.) 1 24,536 DWT bulk carrier on order Delivery: 2016 Bay Shipbuilding (U.S.A.) China Oilfield Services Limited (China) 5 2,300 DWT AHTS vessels on order Delivery: 2016 Wuhan Shipbuilding & Fujian Mawei Shipbuilding (China) Group Desgagnés (Canada) 2 14,000 DWT dry container/dry cargo vessel on order To be equipped with COMPAC & WQP Delivery: 2017 Besiktas Shipyard (Turkey) Meriaura Group (Finland) - VG-Shipping 2 4,700 DWT dry cargo vessels on order Delivery: 2016 Royal Bodewes (Netherlands) Page 2

Recent Orders Keystone Shipping (U.S.A.) 1 26,011 DWT bulk carrier on order To be converted with COMPAC & WQP Delivery: 2016 Bay Shipbuilding (U.S.A.) Polsteam (Poland) 3 35,500 DWT bulk carriers on order To be equipped with COMPAC & WQP Delivery: 2016 Jiangsu Yangzijiang Shipbuilding (China) COMPAC Seawater lubricated propeller shaft bearings Thor-Coat Shaft coating for seawater lubricated propeller shaft bearing systems - Legend - RiverTough Tailshaft bearings for abrasive waters WQP Thordon Water Quality Package for seawater lubricated propeller shaft bearing systems SXL Seawater lubricated propeller shaft bearings and grease free rudder bearings Page 3

- CRUISE SHIPS - Princess Cruises (U.S.A.) - Carnival Corp. 11 cruise ships ranging from 108,000 GT to 139,000 GT Delivered: 1998-2014, MHI (Japan) P&O Cruises (U.K.) - Carnival Corp. 3 cruise ships ranging from 116,000 GT to 143,730 GT Delivered: 2008-2015 Seabourn Cruise Lines (U.S.A.) - Carnival Corp. 3 32,200 GT cruise ships Delivered: 2009-2011 Mariotti (Italy) Viking Cruise Lines (Austria) 1 47,800 GT cruise ship Delivered: 2015 Disney Cruise Lines (U.S.A.) 4 cruise ships 2 ships at 85,000 GT & 2 ships at 124,000 GT Delivered: 2011-2012, Meyer Werft (Germany) Oceania Cruises (U.S.A.) 2 65,000 GT cruise ships Delivered: 2010-2011 Page 4

- BULK CARRIERS - COSCO (China) 1 38,500 DWT bulk carrier equipped with COMPAC bearings & WQP Delivery: 2015 Shanhaiguan New Shipbuilding (China) COSCO (China) 12 32,000 DWT bulk carriers, 8 with WQP & Thor-Coat Delivered: 2009-2014 CSSC Guangzhou, Fujian Mawei (China) CSL Group (Canada) 7 bulk carriers ranging from 50,000 to 74,000 DWT, WQP, Thor-Coat Delivered: 2001-2013 Chengxi, Shanhaiguan (China), Bay Shipbuilding (U.S.A.), Hyundai Mipo (South Korea) Fuzhou Haitong Shipping (China) 2 51,000 DWT bulk carriers Delivered: 2013 Taizhou Sanfu Ship Engineering (China) Atlantska Plovidba (Croatia) 2 38,000 DWT bulk carriers, WQP Delivered: 2014 Qingshan Shipyard, Wuhan (China) Sinotrans (China) 2 35,000 DWT bulk carriers, WQP & Thor-Coat Delivered: 2010 CSSC Guangzhou Huangpu Shipbuilding (China) Page 5

CSL Group (Canada) 9 bulk carriers ranging from 33,000 to 37,690 DWT, WQP & Thor-Coat Delivered: 2012-2014 Chengxi, Yangfan (China), Bay Shipbuilding (U.S.A.) Lower Lakes Towing (Canada) 1 36,245 DWT bulk carrier Converted to COMPAC system, WQP & Thor-Coat Delivered: 2014 Algoma Central Corp. (Canada) 8 bulk carriers ranging from 18,583 DWT to 47,800 DWT, WQP & Thor-Coat Delivered: 1999-2013 Seaway Marine, Lakehead Marine (Canada), Chengxi (China) Interlake Steamships (U.S.A.) 6 bulk carriers ranging from 28,388 DWT to 69,172 DWT 3 equipped with COMPAC bearings 3 equipped with RiverTough bearings Delivered: 1998-2013 Bay Shipbuilding (U.S.A.) - TANKERS - Lower Lakes Towing (Canada) 1 14,986 DWT tanker Converted to COMPAC system, WQP & Thor-Coat Delivery: 2015 Chengxi Shipyard (China) Alaskan Tanker Company (U.S.A.) 4 193,049 DWT oil tankers Delivered: 2004-2006 NASSCO (U.S.A.) Page 6

ConocoPhillips (U.S.A.) 5 141,739 DWT oil tankers & WQP Converted: 2010-2012 Sembawang Shipyard (Singapore) Fangchenggang City Hengsheng (China) 1 2,500 DWT & 1 3,050 DWT tanker Delivered: 2008, 2012 Wuhan Nanhua, Hubei Huanggang Shipyard (China) Fortune Marine Company Ltd. (South Korea) 4 6,500 DWT tankers Delivered: 2008-2009 Pharung Shipyard (Vietnam) Keo Young Shipping Co. Ltd. (South Korea) 1 2,747 DWT & 1 3,919 DWT tanker Delivered: 2007-2008 Onishigumi Zosensho (Japan) Palmali Group (Turkey) 11 6,600 DWT tankers Delivered: 1999-2009 BLTR (Estonia), Volgograd, Krasnoye Sormovo (Russia) Xin Yuan Ocean Shipping (China) 2 12,000 DWT asphalt/bitumen tankers Delivered: 2011-2012 COSCO, Navy 4807 Shipyard (China) Page 7

- DRY CARGO - Carisbrooke Shipping Ltd. (U.K.) 8 cargo vessels 4 ships at 8,500 DWT & 4 ships at 10,200 DWT Delivered: 2011-2013 Jiangsu Yangzijiang Shipbuilding (China) Flinter Groningen (Netherlands) 26 dry cargo ships ranging from 3,500 DWT to 9,200 DWT Delivered: 2002-2013 Kiran (Turkey), Haiphong (Vietnam), Ferus Smit (Germany), Westerbroek, Bodewes Shipyard (Netherlands) COSCO (China) 4 28,000 DWT dry cargo & 5 36,000 DWT vessels, Thor-Coat & WQP Delivered: 2013-2016 Nangtong, Guangzhou, Shanghai Shipyard (China) Tanto Intim Line (Indonesia) 2 4,705 DWT general cargo ships Delivered: 1995, 1997 Keppel (Singapore), Novorossiysk Ship Repair (Russia) Unitra Maritime Co. Ltd. (Japan) 3 9,667 DWT dry cargo vessels Delivered: 2008 Nanjing Wujiazui Shipbuilding (China) Lithuanian Shipping Co. (Lithuania) 1 4,470 DWT & 1 5,836 DWT container ships Delivered: 2006-2007 Western Shipyard (Lithuania), Tallin (Estonia) Page 8

Northwestern Shipping (Russia) 11 container ships ranging from 1,706 DWT to 3,030 DWT Delivered: 1993-2001 Volgograd Shipbuilding (Russia) - FERRIES - Anek Lines (Greece) 1 9,851 GT ferry Converted to SXL bearings, Thor-Coat Delivery: 2015 Sado Kisen (Japan) 1 passenger ferry Equipped with SXL bearings Delivered: 2014 Kanda Shipyard (Japan) ANMEZ AE (Greece) 1 6,307 GT passenger ferry Equipped with SXL bearings Delivered: 2013 Elefsis Shipyard (Greece) BC Ferries (Canada) 10 ferries ranging from 6,555 GT to 6,969 GT Delivered: Since 2003 Washington Marine Group (Canada) Grimaldi Group (Italy) 2 49,257 GT ferries Delivered: 2001-2002 Marina di Carrara (Italy) Page 9

New York City Staten Island Ferries (U.S.A.) 3 5,901 GT ferries Delivered: 2004-2006 Marinette Marine (U.S.A.) Société des traversiers du Québec (Canada) 6 1,500 GT ferries Delivered: 1996-2002 MIL Davie Industries (Canada) - AHTS - China Oilfield Services Limited (China) 3 12,000 HP AHTS vessels on order, WQP Delivery: 2015 Wuhan Shipbuilding (China) China Oilfield Services Limited (China) 4 12,000 HP AHTS vessels, WQP Delivered: 2014 Shanghai, Shipyard (China) Great Offshore (India) 3 AHTS vessels ranging from 2,339 DWT to 3,319 DWT Delivered: 2007, 2009, 2010 Great Eastern Shipping (India) Seacor Marine (U.S.A.) 5 4,500 DWT AHTS vessels Delivered: 2007-2008 Bender Shipbuilding (U.S.A.) Page 10

Tidewater Inc. (U.S.A.) 5 AHTS vessels ranging from 3,297 DWT to 4,500 DWT Delivered: 2005-2006 ENVAI Shipyard (Brazil) - OTHER VESSELS - Heroyhav (Norway) 1 fishing vessel Delivered: 2013 Karstensen Shipyard (Norway) PEVASA Group (Spain) 1 tuna fishing vessel & WQP Delivered: 2014 Astilleros de Murueta Shipyard (Spain) Louis-Dreyfus Armateurs (France) 3 cable ships ranging from 9,820 DWT to 10,000 DWT Delivered: 2001-2002 Hyundai Mipo Shipyard (South Korea) Heerema Engineering Services (Netherlands) 2 59,344 DWT offshore vessels Delivered: 2001, 2004 Drunen, Verolme Botlek Shipyard (Netherlands) COSCO (China) 2 18,500 DWT car carriers Delivered: 2009-2010 COSCO Zhoushan (China) Page 11

China Oilfield Services Limited (China) 3 seismic vessels, 1 deepwater 2D seismic vessel, WQP Delivered: 2014-2015 Shanghai, Shipyard (China) Page 12

T H O R D O N B E A R I N G S I N C. ZERO POLLUTION HIGH PERFORMANCE BEARING & SEAL SYSTEMS 3225 Mainway Drive, Burlington, Ontario L7M 1A6 Canada Tel: +1.905.335.1440 Fax: +1.905.335.4033 www.thordonbearings.com