Newport Shipping The CAPITAL of Shiprepair. Technical & Operational Presentation

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Newport Shipping The CAPITAL of Shiprepair Technical & Operational Presentation

Content Introduction Newport Shipping Worldwide Network: Global Reach Organisation: Our International Team Strategic Value Newport Shipyards: Turkey Cicek Shipyard, Tuzla Newport Shipyards: China PaxOcean Zhoushan, Zhoushan Zhoushan Longshan Shipyard, Zhousan Fujian Huadong Shipyard, Fujian Newport Shipyards: Singapore & Indonesia PaxOcean Singapore PaxOcean Pertama, Batam Newport Ecosystem: Our Supply Chain Network Machinery Specialist: InjeGov S.A. Machinery Spares: ShipParts.com Marine Coatings: Jotun, Hempel, International Safety & LSA: Besiktas Marine Hatch Cover Specialist: Navitech Shipping Services Newport Execution Central Planning vs. Site Control Site Control Interfaces HSE Management Conclusion: The Newport Advantage Thank you: Contact Us

Introduction: Newport Shipping Newport Shipping UK LLP is a UK domiciled ship management company providing a full range of commercial and technical services to both it s owned fleet and third party owners INVESTMENT IN ECO FRIENDLY SHIPPING THE ART AND SCIENCE OF SHIP MANAGEMENT We have overseen and managed full lifecycle of hundreds of diverse vessels throughout their complete life cycle, from design, through construction, operational life, drydocking, modernization to recycling. ZERO IMPACT SHIPPING INVESTMENT IN ECO FRIENDLY SHIPPING We are committed to minimizing our environmental impact and we continuously invest in environmentally friendly and fuelefficient shipping technologies. Groundbreaking designs and innovative technology is being introduced daily, which will eventually lead to zero impact shipping. Our goal in the industry is to be renowned as a leader and passionate promoter of 'zeroimpact' shipping. We invest in smart technologies to deliver safe, sustainable and efficient shipping solutions both to hipowners and our clients. Reduced fuel consumption and operational eff iciency is our highest priority.

Introduction: Worldwide Network, Global Reach London New York Mauritania 1 Athens Turkey China Shanghai Singapore Indonesia Office location Shipyard location 1) Mauritania shipyard expected to be operational in H2 2018

Introduction: Organisational Chart Roy Yap COO Abdullah Toksoz Deputy COO Turkey Cicek Shipyard (Tuzla) Singapore/ Indonesia PaxOcean Pertama (Indonesia) PaxOcean Singapore (Singapore) Central Planning Procurement Estimating Billing PaxOcean Zhoushan (Zhoushan) China Zhoushan Longshan Shipyard (Zhoushan) Fujian Huadong Shipyard (Fujian) Ship Manager Ship Manager Ship Manager Ship Manager Ship Manager Ship Manager Suppliers Site Team Specialist e.g. InjeGov, Navitech etc Site Team Specialist e.g. InjeGov, Navitech etc Site Team Specialist e.g. InjeGov, Navitech etc Marine Spares ShipParts.com Marine Coating Jotun Hempel International Sigma Chugoku KCC Site Team Specialist e.g. InjeGov, Navitech etc Site Team Specialist e.g. InjeGov, Navitech etc Site Team Specialist e.g. InjeGov, Navitech etc

Introduction: Strategic Value 7 shipyards with 17 drydocks capable of handling 1200 repairs annually +40 years experience handling vessel design, construction, and repair services Strategically positioned within the lowest cost regions in the Atlantic and Pacific zones State of the art yards capable of handling all vessel classes and sizes Innovative financing products for shipowners to defer 60% of payments up to 24 months

Turkey...

Newport Shipyards: Cicek Shipyard Key Highlights Founded in 1977 with +40 years experience in ship design, construction and repair services Strategically located in Tuzla, Turkey (major ship repair center servicing Atlantic based vessels) Supervised +100 drydocks over the past 3 years Constructed +50 newbuild vessels since inception Facilities Drydock : 215m x 37m x 10.5m Gantry crane 1: 300 T Gantry crane 2: 200 T Quay 1: 175m x 8m Quay 2: 150m x 8m Quay 3: 85m x 8m Slipway 1: 150m x 26m Slipway 2: 100m x 14m

China

Newport Shipyards: China Newport shipping has a global network of shipyards in joint ventures and cooperation agreements in the world Newport shipping has signed cooperation agreements with 4 strategically located yards at the Zhoushan archipelago, adjacent to international waterways and the Shanghai Yangshan harbour Also with another yard at the north coast of Fujian Luoyuan Bay, the most ideal deep water sheltered port in mainland China Newport will manage its own technical team onsite ensuring top service and communication across all facilities

Newport Shipyards: PaxOcean Zhoushan Key Highlights Wholly owned subsidiary of Kuok(Singapore) Limited Operational since October 2011 Located at ZHoushan City, 90 minutes by ferry from Shanghai Well equipped with two ultra large graving docks World class shipyard accredited to international QHSE standards Facilities No. 1 Dock: 400m x 106m x 13.7m No. 2 Dock: 380m x 80m x 13.7m West Pier: 576m x 12m 1 x 100T, 3 x 45T, 1 x 40T luffing cranes for No.1 and No.2 docks 1 x 50T, 1 x 40T, 1 x 32T luffing cranes for outfitting Pier 1 x 900T, 1 x 300T, 1 x 150T, 1 x 120T, 2 x 20T gantry cranes

Newport Shipyards: Zhoushan Longshan Shipyard Key Highlights Located at Longshan Sha ao, Liuheng Island Founded in 1975; one of the oldest shipyards in Zhejiang province Accreditation certified by GB / t19001 2008 IS09001: 2008, IS014001: 2004, OHSAS18001: 2007. 700 staffs and additional workforce more than 1000 in house subcontractors Facilities Repair Berth #1: 220m x 8m Repair Berth #2: 220m x 10m Repair Berth #3: 400m x 11m Drydock #1: 235m x 40m x 11m Drydock #2: 310m x 55m x 13m Shore Crane: MQ50T90M Shore Crane: MQ50T70M Shore Crane: MQ50T75M Shore Crane: MQ58T60M Shore Crane: HM50T60M Gantry Crane: MG32/5T Gantry Crane: MDG16 24

Newport Shipyards: Fujian Huadong Shipyard Key Highlights Started repairs and newbuilding in 2011 Covers an area approx. 700000sqm with deep water shoreline about 2250m Natural deep water sheltered port Accredited to ISO 9001:2008 Quality Management, ISO 14001:2004 and GB/T18001 2001, Q/SY1002.1 2007 Facilities Repair Berth: Total 1,300 m with 6 berths Gantry cranes 100T & 150T, several jib cranes 25 to 50T, trailer 100T Drydock #1 295m x 50m Drydock #2 375m x 72m Drydock #3 245m x 41.8m

Singapore & Indonesia

Newport Shipyards: PaxOcean Singapore Key Highlights Wholly owned subsidiary of Kuok(Singapore) Limited Established 1983, located on a 110,000m² site in Tuas, Singapore Fully equipped yard with 3 floating docks and berthing wharfs totalling 1,600m Thrice received the British Safety Council's Sword of Honour award for QHSE performance Facilities Floating Dock 1: 122.0m x 22.8m 3,400 TLC Floating Dock 2: 195.0m x 34.7m 16,000 TLC Floating Dock 3: 187.5m x 36.5m 16,000 TLC Berthing Wharf: 1600m Cranes up to 250 tons SWL

Newport Shipyards: PaxOcean Pertama (Indonesia) Key Highlights Wholly owned subsidiary of Kuok(Singapore) Limited Situated on a 280,000m2 site on the north western coast of Batam, Indonesia Docking for Panamax sized vessels and afloat repairs of VLCC sized vessels Accredited to ISO 9001:2000, OHSAS 18001:2007 and EMS 14001:2004 Facilities Floating Dock V: 235.0m x 40.0m 22,000 TLC Floating Dock II: 186.0m x 36.4m 16,000 TLC Berthing Wharf: 2,400m Cranes up to 250 tons SWL

Newport Ecosystem: InjeGov S.A. Since 1977, InjeGov S.A. offers specialist machinery installation, maintenance and repair services Reconditioning Pistons Valves Cylinder Cover Heat Exchanger Connecting Piston Rods Rebabbiting Diesel Engines Overhauling Inspection Assembling Inspection Repairing Fuel systems (oil pumps, burners Turbochargers Inspection Aligment Choking On Site Machining Surface application machines lathing boring Governors

Newport Ecosystem: ShipParts.com ShipParts.com Solution: Cooperate with qualified manufacturers and traders, providing efficient supply chain solution All major OEM manufacturers represented Strategic cooperation with Bureau Veritas (BV) for supplier and equipment verification BV issues inspection reports for equipment and/ or suppliers Online platform Locate suppliers online Purchase from manufacturers Purchase from traders Offline Services 24/7 Key Account management services 1 stop management and support for procurement Key Account Manager manages whole process from enquiry to delivery

Newport Ecosystem: Marine Coatings Newport Shipping has business relations with all major paint suppliers internationally: Jotun Hempel Sigma KCC Chogoku International Paints

Newport Ecosystem Besiktas Marine Besiktas Marine has the capability to provide a worldwide Service with Sales network for ; Fire Fighting, Life Boat, Liferaft, Calibration, Technical with Ship Chandling Supply Services include: Fire Fighting Liferaft Service Life Boat And Davit Over Load Test With Water Bag Foam Compound & Water Analysis Magnetic Compass Adjustment Calibration,Maintenance And Repair Radio Survey And Bridge Navigation Underwater Repair & Inspection

Newport Ecosystem Navitech Shipping Services NAVITECH was established initially in May 2004 Consultants and naval architects for ship surveys, S&P inspections, project development and steel works consultancy Hatch Covers Activities Attendance Repairs Specification Ultrasound Inspection Final Report Hull Surveys Activities UTM Follow Up Repairs Steel Repairs Specification

Central Planning vs. Site Control Quality Control Schedule Control Cost Control Bidding Develop master scope from repair specs Develop master schedule from repair specs Develop master budget from repair specs Planning Procurement (spares if applicable) Negotiate final invoice before departure Repair Consultation with classification Central Planning Testing & Trials Consultation with Shipowner Superintendent Issue Work Packages/ Site Instructions Close out Work Packages/ Site Instructions Settlement Quality inspection and testing Classification certification Receive materials/ spares Review repair drawings Issue and manage Variation Orders (VO) Re delivery Manage shipyard/ subcontractors/ specialist Update schedule Site Control

Site Control Interfaces Shiprepair Managers manage shiprepair projects at cooperation shipyards Single point on contract with shipowner, and shipyard Supported by site team and specialist, depending on scope Expatriate supported by local site team Full responsibility towards master shiprepair schedule budget Full authority to act on behalf of Newport Shipping and shipowner by virtue of cooperation agreement Priority for labour and key facilities by virtue of cooperation agreement Machinery: Safety & LSA: Spares: Shiprepair Manager Newport Site Team Newport Partner Specialist Shipparts.com Marine Coatings: Hatch Cover: Yard Labour/ Subcontractors

HSE Management Newport Shipping is committed to health, safety and environmental best practices Cooperates closely with shipyard on encouraging international safety standards and practices Conforming to shipyard safety practices by legal requirement, improving where necessary HSE audit conducted on all cooperation shipyards Periodic follow up HSE audits All members of Newport Site Team are HSE trained and responsible for safe working practices and environment for shipyard and shipowner

Conclusion: The Newport Advantage STRATEGIC NETWORK Exclusive global network serves as a one stop drydocking solution for all vessel types and fleet sizes with advance visibility of drydocking slots PAYMENT DEFFERAL PLAN First in the world drydock payment financing option deferring 60% of drydocking costs up to 24 months ALL IN ONE INVOICE One single invoice encompassing drydock works, paint supply, spare parts and also retrofits (e.g. Ballast Water Treatment Systems and Scrubber Systems) Newport Shipping: The CAPITAL of Shiprepair

Thank you: Contact Us London Office 8 9 Northumberland Street London, WCNSDA Turkey Office FSM Mh Poligon Cd. Buyaka 2Sitesi 1 Blk.Kat: 11 Umraniye, Istanbul, Turkey Greek Office Nezer Christoforou 21 Glyfada, Attikis, Greece Phone : +44 207 099 5252 Fax : +44 207 099 5674 chartering@newportshipping.com operations@newportshipping.com Phone : +90 216 290 77 10 Fax : +90 216 290 76 44 fleete@ecoships.com.tr Phone : +30 693 604 0448 marketing@newportshipping.com Singapore Office 1 Harbourfront Avenue #13 03 Keppel Bay Tower Singapore 098632 Phone : +65 6208 8861 Fax : +65 6208 8890 marketing@newportshipping.com China Office Office 15 158, 15F, HSBC Building Pudong, Shanghai 200120 China Phone : +86 XXX XXX XXX Fax : +86 XXX XXX XXX marketing@newportshipping.com Norway Office Opening June 2018 Watch this space!

Newport Shipyards: Yardgem Docks Key Highlights Established in May 2004 through a joint venture between YARDIMCI Shipping Group and GEMSAN Over 30 years shipbuilding, ship repair services since 1975 and 1983 respectively Facilities Wharf 1: 120m x 8.5m Wharf 2: 175m x 7m Wharf 3: 130m x 5.5m Drydock: 230m x 45m