PAGE 1 COVER PAGE 2 TABLE OF CONTENTS PAGE 3 PROFILE PAGE 4 HISTORY PAGE 6 CONTACT POINTS PAGE 7 TRAMPER SERVICES PAGE 8-14 LINER SERVICES PAGE 15 FLEET LIST PAGE HANDY-SUPRAMAX FIXTURE LIST PAGE 20 MAIN ACCOUNT PAGE 5 ANNUAL GROSS WOOHYUN SHIPPING CO.,LTD

Company Woohyun Shipping Co.,Ltd. Website President Mr. Moon, Ho Sung Capital 1,000,000,000 Korean won ($1,000,000 USD) Established May, 2003 Employees Shore Officer : 17, Ship Officer : 22 Main Business General cargo Liner Service, Tramper Business, Chartering Head Office Address RM.702, Yongdong BLDG., , Choryang 1-dong, Dong-ku, Busan, Korea ( ) Seoul Office Rm.303, Sejongro Daewoo B/D, 167, Naesoo-dong, Jongno-gu, Seoul, Korea ( ) Tel Number (Rep) Fax) Fax : WOOHYUN SHIPPING CO.,LTD

Established Woohyun Shipping Co., Ltd as ship broker and general ship agent, chartering company – Opened Seoul office – Agreement long term exclusive contract with “Ben Nghe” port in Hochiminh, Vientnam Agreement long term exclusive contract with “Haiphong main port” in Haiphong, Vietnam Acquired international freight forwarding agency license – Introduced tonnage 5,994GRT “MV Woohyun Queen” – Introduced tonnage 5,144GRT “MV Woohyun Haemil” – Acquired marine cargo/freight transportation/transport business license – Introduced tonnage 9,991GRT “MV Woohyun Hope” WOOHYUN SHIPPING CO.,LTD

BUSAN HEAD OFFICE Cargo booking, Supercargo, General agent, Account Woohyun Shipping Co., Ltd. Rm.702, Youngdong BLDG., , Choryang 1-dong, Dong-ku, Busan, Korea ( ) Tel : Fax : WOOHYUN SHIPPING CO.,LTD SEOUL OFFICE Cargo booking, Documents, Chartering, Operation Woohyun Shipping Co., Ltd. Rm.502, Sejongro Daewoo B/D, 167, Naesoo-dong, Jongno-gu, Seoul, Korea ( ) Tel : Fax :

 For many years we have built up and maintained long-term stable business with many of clients in the world. We always strive to be creating mutual benefit for both ours and valuable customers.  Now, we focus on handy size upto supramax business and ready to meet ever-changing, growing needs of our customers and effectively cope with the largely unexpectable dynamics of the dry bulk and general shipping market.  Today, we face drastic shifts in the trend of shipping business for tramper services, due to globalization and toughening of various international tramper business, which reorganized 2001 as Tramper Team to reinforce our company's Far East business. tramper service has distinguished major force of meal, fertilizer, steel product, machinery, forest products, coal, iron ore and other bulk/general commodities Far East/ PG Area. currently operating more or less 10 vessels per every month including owned and long/short term chartered tonnages. WOOHYUN SHIPPING CO.,LTD

 Woohyun Shipping Co., Ltd. has been established 2003 with general cargo/multi purpose vessel chartered carriers and major steps to expand our business including owned vessel, which focused mainly on transportation general cargo, project cargo, steel product, vehicles with totaling 1,000,000DWT (120 vessel) operation vessel each year, the company expanded globally, providing services from Korea and North East Asia to South East Asia up to India along with various kinds of goods for transportation.  Based on these expertise in the field of general/project cargo business and with teams of experts, we have broadened and expanded our operation and service offerings to virtually all aspects of global cargo service transportation.  Woohyun Shipping is Korea representative general cargo carrying company as a multi–modal transport for Vietnam, Thailand, Malaysia, Singapore, Indonesia and India with Ro-Ro type, MPP and Twin Deck vessel by owned and chartered vessel. For 10 years Know-How and experience, we strive to transport heavy cargo, project cargo for demands of our customers.  With your support, Woohyun Shipping will continue to pursue development for various demands of customers.  TRADING ROUTE KOREA(MAINLY MASAN, BUSAN), JAPAN, RUSSIA(CIS PACIFIC), CHINA, TAIWAN PHILLIPPINES, VIETNAM, THAILAND, MALAYSIA, SINGAPORE, INDONESIA, BANGLADESH MYANMAR, SRI LANKA, INDIA  TRADING CARGO STEEL PRODUCT : STEEL COIL, BILLET, SLAB, WIRE ROD, H-BEAM, ROUND-BAR, ETC. GENERAL CARGO : VEHICLES, EXCAVATOR, TRUCK, BUS, SPECIAL PURPOSE VEHICLES, CRANE TRUCK, MACHINERY, CONSTRUCTION STRUCTURE, ETC. GRAIN AND BULK : COAL, IRON ORE, CORN, SOY BEAN MEAL, COPRA EXPELLER, TAPIOCA, PALM KERNEL, ETC. WOOHYUN SHIPPING CO.,LTD

MASAN BUSAN HAIPHONG DUNG QUAT HOCHIMINH BANGKOK, LAEMCHABANG JAKARTA SEMARANG SURABAYA SINGAPORE PORT KELANG BELAWAN MUMBAI CHENNAI JAPAN TAIWAN WOOHYUN SHIPPING CO.,LTD MANILA CHITTAGONG YANGON 1.FLEET LIST 2.SERVICE TRADE -KOREA-VIETNAM SERVICE -KOREA-THAILAND SERVICE -KOREA-INDONESIA SERVICE -KOREA-SINGAPORE-MALAYSIA SERVICE -KOREA-INDIA SERVICE

MASAN BUSAN HAIPHONG DUNG QUAT HOCHIMINH JAPAN TAIWAN WOOHYUN SHIPPING CO.,LTD KOREA – VIETNAM SERVICE *KOREA-VIETNAM SERVICE 1)LOADING PORT : BUSAN, MASAN 2)DISCHARGING PORT : HAIPHONG, HOCHIMINH, DUNG QUAT -ALSO CAN ACCEPT HONGKONG, TAIWAN, HUANGPU, BANGOI, NHATRANG CARGO 3)FREQUENCY : 2SAILINGS/MONTH HONGKONG

MASAN BUSAN HAIPHONG DUNG QUAT HOCHIMINH BANGKOK, LAEMCHABANG JAPAN TAIWAN WOOHYUN SHIPPING CO.,LTD *KOREA-THAILAND SERVICE 1)LOADING PORT : MASAN 2)DISCHARGING PORT : LAEMCHABANG, BANGKOK -ALSO CAN ACCEPT MAPTAPHUT, KOSICHANG CARGO 3)FREQUENCY : 1SAILING/MONTH THAILAND KOREA KOREA-THAILAND SERVICE

MASAN BUSAN HAIPHONG DUNG QUAT HOCHIMINH BANGKOK, LAEMCHABANG JAKARTA SEMARANG SURABAYA SINGAPORE PORT KELANG BELAWAN MUMBAI CHENNAI JAPAN TAIWAN WOOHYUN SHIPPING CO.,LTD KOREA-INDONESIA SERVICE *KOREA-INDONESIA SERVICE 1)LOADING PORT : MASAN 2)DISCHARGING PORT : JAKRTA, SEMARANG, SURABAYA -ALSO CAN ACCEPT SINGAPORE, CIGADING, KOTAKINABALU, BINTULU 3)FREQUENCY : 2SAILINGS/MONTH KOTAKINABALU BINTULU

MASAN BUSAN HAIPHONG DUNG QUAT HOCHIMINH BANGKOK, LAEMCHABANG JAKARTA SEMARANG SURABAYA SINGAPORE PORT KELANG BELAWAN MUMBAI CHENNAI JAPAN TAIWAN WOOHYUN SHIPPING CO.,LTD KOREA-SINGAPORE-MALAYSIA SERVICE *KOREA-SINGAPORE-MALAYSIA SERVICE 1)LOADING PORT : MASAN 2)DISCHARGING PORT : SINGAPORE, PORT KELANG -ALSO CAN ACCEPT PARSIRGUDANG, BATAM, LUMUT, BELAWAN CARGO 3)FREQUENCY : 2SAILINGS/MONTH

MASAN BUSAN HAIPHONG DUNG QUAT HOCHIMINH BANGKOK, LAEMCHABANG JAKARTA SEMARANG SURABAYA SINGAPORE PORT KELANG BELAWAN MUMBAI CHENNAI JAPAN TAIWAN WOOHYUN SHIPPING CO.,LTD KOREA-INDIA SERVICE *KOREA-INDIA SERVICE 1)LOADING PORT : MASAN 2)DISCHARGING PORT : MUMBAI, SINGAPORE, PORT KELANG -ALSO CAN ACCEPT CHENNAI, COLOMBO 3)FREQUENCY : 1SAILING/MONTH

Owned Fleet MV. WOOHYUN HOPE  KOREA FLAG,KR CLASS, 1997 BUILT, RO-RO(STERN RAMP 40MT),MPP CARGO VSL,  TWEEN DECKER, BOX TYPE SUMMER DWT 13,041MT ON DRAFT 8.979M  TROPICAL DWT MT ON DRAFT 9.166M  GT / RT 9991 / 4909 LOA / BM / DEPTH 138M / 22M / 13.5M  G / B CAPA 19, / 19,049.40CBM 3H / 3H FOLDING TYPE  CRANES 61MTx 2SETS, CRANES 40MT x 2SETS CHARTERED FLEET  MV AP REVELIN 5/7 MONTH  DWAT (Summer) in metric tons incl draft: ABT ,1 MT / ABT 10,50 M  Flag: Marshall Island  Year and month of build: jan  L.O.A/LBP., meters: ABT 179,95 M/177,02 M  Extreme breadth, meters: Abt 32,0 mtr  Holds: 5 holds (box shaped hold) with Folding type hydraulically operated  Number of cranes :4 electro-hydraulically operated  capacity (with hook)-(swl): 36mt capacity (with grab) - swl): 28 mt  Outreach of cranes : 26,0M FROM MIDSHIP, 10,0M FROM SHIP SIDE.  GRABS grab 12cbm * 4sets  Grain/ Bale : 50,904.90/ 48,868.74m3 WOOHYUN SHIPPING CO.,LTD

VEREINA K2008GREEK H/OWS STEEL & G.CG O 24,500S.KORSEASIA OCEAN BREEZE K2010TWN H/OWS STEEL & G.CG O 17,500S.KORCOLOMBO BK CHAMP K 1997 H/OWS BOOKWANG STEEL & G.CG O 25,000 S.KOR INDONESI A ZHONG HAI K 1995 Refined Success Limited(COSCO) STEEL & G.CG O 32,400 S.KORSEASIA ROYAL PESCADO RES K1997Hows ROYAL PESCADORES S.A. STEEL & G.CG O 15,200S.KORSEASIA LAPIS K1997GREEK H/OWS STEEL & G.CG O 22,000S.KOR INDONESI A FORTUNE BAY K 2006 PAC BASIN STEEL & G.CG O 24,500 S.KOR INDONESI A HALANDRIANI K 2001 NS UNITED KAIUN KAISHA, LTD STEEL & G.CG O 20,500 S.KORSEASIA ECO VANGUARD K 2001 HOWS AEVANGUARD SDN BHD. MALAYSIA STEEL & G.CG O 24,500 S.KORSEASIA BRIGHT LIFE K 2011CARGILL OCEAN TRANSPORTATIN SPORE STEEL & G.CG O 25,000 S.KORSEASIA BRAZEN K 2014H/ows : Brazen Shippng & Trading S.A STEEL & G.CG O 24,100 S.KORWCI VINASHIP STAR K 1996UNIBULK PTE. LTD. (SINGAPORE) STEEL & G.CG O 22,000 S.KORSEASIA EAST AMBITION K 2000SINO EAST TRANPORTATION LTD STEEL & G.CG O 25,000 S.KORSEASIA PACIFIC MELODY K 2011 TAIHEIYO KISEN KAISHA,LTD. TOKYO STEEL & G.CG O 22,500 S.KOR INDONESI A FAIRWIND K 2009TAIHEIYO KISEN KAISHA,LTD. TOKYO STEEL & G.CG O 24,800 S.KORSEASIA SEIYO EXPLORER K 1996DAIICHI CHUO KISEN KAISHA STEEL & G.CG O 22,300 S.KORSEASIA DL LILAC K 2012 H/OWS DAELIM CORPORATION STEEL & G.CG O 28,900 SEASIA PORT KEL ANG

WOOHYUN SHIPPING CO.,LTD ORIENT MATE K2014PAN OCEAN, SEOUL S.KORSTEEL & G.CGO28,500S.KOR INDONESI A JOSCO SUZHOU K2004BILGENT SHIPPING PTE LTDSTEEL & G.CGO37,000S.KORWCI SUN PRIME K1998H/OWS SUNACE SHIPPING CO., LTDSTEEL & G.CGO28,000S.KORSEASIA GLADIATOR K2008H/OWS FRONT CENTURY MARINE CORP, GREEKSTEEL & G.CGO22,000S.KORWCI KEN TEN K1997INUI GLOBAL LOGISTICS CO., LTDSTEEL & G.CGO21,500S.KORSEASIA DL MARIGOLD K 2012 H/OWS DAELIM CORPORATION STEEL & G.CGO 28,900 JPN/S.KORECI TAO TREASURE K 2012 AUTHBULK STEEL & G.CGO 28,900 JPN/S.KOR INDONESI A MARTIN ISLAND K 2014 IINO KAIUN KAISHA, JPN H/OWS STEEL & G.CGO 31,000 JPN/S.KORECI SEA MELODY K 2012 MOL BULK CARRIERS PTE LTD, JPN STEEL & G.CGO 32,000 JPN/S.KOR INDONESI A CREST NAVIGATO R K 2012 MOL BULK CARRIERS PTE LTD, JPN STEEL & G.CGO 32,000 JPN/S.KORHCMC KOHINOOR K 2010 MOL BIINO KAIUN KAISHA, LTD, JPN STEEL & G.CGO 32,000 JPN/S.KORHCMC JK MARITIME K 2010 CPM, CHN STEEL & G.CGO 32,000 JPN/S.KORSEASIA NAVIOS LYRA K2012NAVIOS CORPORATIONSTEEL & G.CGO28,000JPN/S.KORWCI SIDER DREAM K2012NOVA MARINE CARRIERS, GREEK H/OWSSTEEL & G.CGO28,000JPN/S.KORWCI

WOOHYUN SHIPPING CO.,LTD TRANS FRIENDSH IP I K2010 MOL BULK CARRIERS PTE LTD, JPN STEEL & G.CGO29,000JPN/S.KORSEASIA SIBAL K2009SIBAL MARINE LTD - MALTA, H/OWSSTEEL & G.CGO28,500JPN/S.KORWCI MAPLE CROWN K2009MAPLE CROWN MARITIME LIMITED, H/OWS FERTs AND STE EL 22,000JPN/S.KORECI COREWISE OL K2013 COREWISE MARITIME S.A. PANAMA, H/OWS TAI WAN STEEL & G.CGO32,000JPN/S.KORSEASIA PHOENIX ISLAND I I K2011IINO KAIUN KAISHA, LTD.STEEL & G.CGO10,000SEASIATAIWAN GLEAMING OASIS K2007DAVA PTE LET SPORESTEEL & G.CGO32,000JPN/S.KORWCI BRIGHT HOPE K2000DAIICHI CHUO KISEN KAISHASTEEL & G.CGO24,000JPN/S.KORSEASIA ASIAN BEAUTY K2011DAIICHI CHUO KISEN KAISHASTEEL & G.CGO22,000JPN/S.KORSEASIA PAOLO U K1997 FRESIAN FORTUNE SHIPPING COMPANY LTD., V EVIS STEEL & G.CGO32,000CIS/S.KORSEASIA CS JENNA K2015DRYBULK INVESTMENT HOLDING SASTEEL & G.CGO32,000JPN/S.KORWCI GAILLARDIA SW K2015SHIH WEI NAVIGATION. TWN H/OWSSTEEL & G.CGO15,000JPN/S.KORECI PACIFIC JASMINE K2010TAIHEIYO KISEN KAISHA,LTD. TOKYOSTEEL & G.CGO22,000JPN/S.KORSEASIA HU PO HAI K2015Refined Success Limited(COSCO)STEEL & G.CGO36,000JPN/S.KORSEASIA LUCKY LIFE K2010OLDENDORFF CARRIERS, GMBH AND CO KGSTEEL & G.CGO25,000JPN/S.KORECI STAR LIFE K2011 CARGILL OCEAN TRANSPORTATION (SINGAPOR E) STEEL & G.CGO25,000JPN/S.KORSEASIA

WOOHYUN SHIPPING CO.,LTD YANGTZE BRILLA NCE K 1995 YANGTZE NAVIGATION (HONGKONG) CO., LT D STEEL & G.CGO 30,000 JPN/S.KORSEASIA AP REVELIN K 2016 MARTRADE SHIPPING + TRANSPORT GMBH 5/7MONTH PERI OD WORLD WI DE LAN BAO HAI K 2015Refined Success Limited(COSCO)STEEL & G.CGO 32,000 JPN/S.KORWCI ATLANTIC FAIRY K 2013NS UNITED KAIUN KAISHA, LTDSTEEL & G.CGO 18,000 JPN/S.KORSEASIA GLADIATOR K 2008EVALEND SHIPPING CO S.A. GREEK H/OWSSTEEL & G.CGO 24,000 JPN/S.KORSEASIA FAIR OCEAN K 2013 DAIICHI CHUO KISEN KAISHA STEEL & G.CGO 28,000 JPN/S.KORSEASIA

FOREIGN COMPANY CARGILL OCEAN TRANSPORTATION (SINGAPORE) PTE. LTD Duferco Shipping S.A., Lugano, Switzerland East Metals Shipping Ag, Zug STEMCOR S.E.A PTE LTD, SINGAPORE NIPPON STEEL JFE STEEL SUMITOMO METAL MARUBENI CORPORATION LOCAL COMPANY POSCO HYUNDAI STEEL, HYUNDAI ENGINEERING & CONSTRUCTION COMPANY SAMSUNG CNT DOOSAN HEAVY INDUSTRIES & CONSTRUCTION DAELIM CORPERATION DAEWOO INTERNATIONAL WOOHYUN SHIPPING CO.,LTD