K–M A R I N E Address : Room No.604, Intellium Centum Building 6F 1458, U-Dong, Haeundae – Ku, Busan Korea Contact : Tel) ~7 Fax) Home page :

1. PRESIDENTS MESSAGE 1. PRESIDENTS MESSAGE 2. WORLD WIDE NETWORK 2. WORLD WIDE NETWORK 3. ORGANIZATION 3. ORGANIZATION 4. BUSINESS SCOPE 4. BUSINESS SCOPE 5. CHATTERING / BROKING BUSINESS 5. CHATTERING / BROKING BUSINESS 6. PROJECT OF MMHE – SHI LNG SDN.BHD 6. PROJECT OF MMHE – SHI LNG SDN.BHD 7. DOCKING AGENT & PROGRESS BUSINESS 7. DOCKING AGENT & PROGRESS BUSINESS § CONTENTS§

Dear Sirs and Madam, It is our pleasure & honor to be introduce our company briefly to such a distinguished marine Business Company in the world. President of K-Marine Co., Ltd. Would like to take this opportunity to thank you in anticipation of your consideration and I value highly your support and commitment to K-Marine Co., ltd. K-Marine Co., Ltd was established in 1989 years as Supplier and Owner Protective Agent of Teekay Shipping Own Vessel in Korea. K-marine co., ltd. Was reborn in 2004 years to provide for convenient of clients variety demand in field of Marine (Shipping) Trading and to diversify the business scope. In addition, k-marine was appointed agency of MMHE-SAMSUNG(MS.LNG) Shipyard at Malaysia and IMC-YY in China & UNITAI in Thailand. K-Marine which designated as the representative agent of various maker of all around ship machinery are now in the process of going international and seeking overseas channel as supplier of Marine Business. Now a day clients have demanded a variety of solutions to solve the problem in Marine (shipping) Trading and K- marine Co., ltd. Will pursue and provide only one stop service from the beginning to the end for clients variety requirement. As we continue to progress, our foremost goal is to provide the most advanced and uncompromising quality service to all our customers around the world. Taking this opportunity, I wish to again convey our thanks for your patronage. With the help of such a distinguished company, I am sure that our business activities in Marine Business will Enjoy further growth and diversification. I am look forward to developing that relationship to the mutual benefit of our organization. Sincerely Yours Kweon Tae Seong / President 1. Presidents message K

UL-SAN (Domestic) : 2nd Floor, 149-4, Jang SaengPo-dong, Nam-Gu, UlsanCity, Zib: ,Tel) ~8 Fax) PIC : Captain Daniel M. Lee M) , MALAYSIA Agency (Malaysia) No.80 Jalan Sutera Kuning 2 Taman Sutera Johor Bahru, Johor Malaysia Tel/Fax) PIC : Mr. Siti Norlela M) JAPAN Agency (Japan) Chiyoda Bldg,10-3 Shioni1-chome, Koto-Ku, Tokyo JAPAN Tel) Fax) PIC : Mr. J.R.Kim DUTY : ALL JAPAN MAKERS ITEMS HANDLING EUROPE Agency (Germany) Domstr. 17, D-20095, Hamburg, Germany Tel) Fax) Mr. Jeong Sung Hui DUTY : ALL EUROPE MAKERS ITEMS HANDLING INDIA Agency (Mumbai) MUMBAI INDIA Tel) PIC Mr. Ravingra DUTY : ALL INDIA CUSTOMERS Management 2. World Wide Network

>> Brief History 3. Organization K-MARINE SPARE PARTS SECTION SPARE PARTS DEPTS -NEW SHIP BUILDING -PROCUREMENT -EQUIPMENT DEPTS DOCK AGENCY SECTION DRYDOCK DEPTS REPAIRING DEPTS AGENCY & BROKING SECTION -CHARTERING -BROCKING -S & P -OCEAN TUG DEPTS -AGENCY of SHIP MANAGEMENT -VESSEL INSPECTION DEPTS OFFSHORE SECTION ENGINEERING DEPTS PAMOS ENG & HMO ENG DESIGN DEPTS

4. Business Scope 4. Business Scope SPARE PARTS BUSINESS K-Marine Co., Ltd. Which designated as the representative agent of various makers of all around ship machinery has supplied ship spare part & machinery to Abroad Ship management & Teekay Shipping Vessels (most of Korea built ship) since year of 1989 and started supplier for spare parts of the distinguished Shipping Company of LNGC in Korea SK Shipping Co., Ltd. & Han-jin Shipping Co., Ltd. From year of On bases of the long term experience since year of 1989, we are confident that K-Marine Co., ltd. Can provide for the high value service with one stop service. 1. Customer company 2. List of Major available Spare Parts from Korea & Japan Market. Most of Korea & Japan Manufacture/Maker Spare parts for Korea & Japan yard built ship

3. Second Hand Spares & Stocks machinery -As per requested from owner, have been supplied the various second hand Spare parts & machineries New Building Products ( Initial Equipment ) -Cargo hose Handling & Provision Crane & Davit / Door, Window, Gangway, Galley Apparatus.. -Life Boat & Life lift, Bridge Equipments, Navigation & communication Equipments -LNGC major spare parts & stores OWNER PROTECTIVE AGENT In resent shipping market, Shipping Agents are usually nominated by chaterers recommendation and request, Therefore agents used not to give 100% satisfaction to ship owner because time and service is more likely to be contributed to charterers interest. To solve this unpleasant case, we would like give Owner solution, called Owner Protective agent System. Owner protective Agent is Managing Owner Service Matter which is included the crew Owner Service Matters Agreement has been made between Teekay Shipping Canada and K-Marine Co., Ltd. As per this Agreement since year of 1989,K-Marine Co., Ltd. Has been served as Owner Protective Agent, and has managed Owner Service Matter of tanker Vessel of Teekay shipping own vessel calling in Korea, 80~100 vessels per year and have been in the process or going diversification of Agent Business since year of 2004

CARGO / SAFETY SUPERVISION FOR VESSEL Korean Oil refineries have requested a qualified cargo / safety supervisor who have a good command of English as native speaker to supervise safe operation, liaise between ship and terminal / external parties to prevent any argument, claim which may caused by miscommunication & miss-operation between ship and terminal/external parties. The Supervisors of K-Marine Co., ltd. who approved by all Korea Oil Terminal has attended the most of ships which are calling in Korea Oil Terminal -Performance of Cargo/Safety supervision. -Customer Company All Oil Refinery & Terminal In Korea, Teekay Shipping (Canada), AMCL(HK), Daynacom(Greece), China Shipping (China), Seven Mountain Group(Korea). - Vessel Inspection & Survey 1. Vessel Condition Report for ship owner 2. Vessel Condition Report for Charterer 3. S & P Inspection for Buyer

5. CHATTERING / BROKING BUSINESS OPERATING SHIP REPAIR SERVICE K-Marine Co., ltd has been in cooperation with many Maker Technician & Service Company in Korea since years of We can say with confidence that the Know-How has been accumulated to gratify customers (Ship Owner/Charter) for the various cases of repair from arrangement to documents, to meet the clients variety requirements which need to save time, to provide the high quality and no to disturb the running operation in port. 5. CHATTERING / BROKING BUSINESS 1) Ship Broking 2) Cargo Broking 3) S & P Broker 4) Ship breaking shipyard (Battam, Indonesia) 5) Ocean towing service ( Barge, Offshore, Structures) 6) Sea crane ( 100 ~ 10,000 ton ) 7) Dredger vessel broking

6. MMHE-MS. LNG SDN.BHD AGENCY 6. MMHE-MS. LNG SDN.BHD AGENCY MMHE : MALAYSUA MARINE AND HEAVY ENGINEERING SDN BHD THIS IS JOINING PROJECT BETWEEN SAMSUNG HEAVY & MMHE Roll of K-Marine : K-Marine appointed a agent of MMHE and we have played an important role in a PROCUREMENT CONTROL of a Malaysia national enterprise(MISC) cooperated with PAMOS ENGINEERING(SISTER COMPNAY) is located Malaysia Johor Bahru and also MMHE DOCKING for vessels of all the ship owner on abroad. - Business Target Company In Korea : SK Shipping, Han-Jin Shipping, Hyundai merchant co., ltd. - Roll of recent Office in Korea : Sale of LNG Ship repair dry dock for Korea ships owner, Supply of LNG Spare/Machineries (Korea maker), Customer Satisfaction service REPAIRED, Communication Channel For Korea Owner. - Business key point : Develop of Human resource network FYI-Good relation Between K-Marine & and ship owner -Supply procurement to TENAGA VESSEL SERIES(MISC) 1. SEAWAGE – HAMWORTHY 2. PUMPS (EMERGENCY PUMP & MAIN S/W CIRCURATING PUMP & FIRE DECK PUMP) - GORIO PUMP 3. PASSENGER LIFT – OCEAN ELEVATOR(HYUNDA ELEVATOR) 4. LIFE BOAT – HYUNDAI LIFE BOAT & ORIENTAL PRECISION 5. TURBINE – KOYO LINE 6. VALVE ACTUATOR – BERNARD ACTUATOR 7. SALINOMETER – ALFA LAVAL 8. SHOOT BLOWER – CLYDE BERGEMANN ETC.(Huge Items) *S.K SHIPPING / HYUNDAI MERCHANT / HAN-JIN SHIPPING / MISC

7. DOCKING AGENCY & PROGRESS BUSINESS : K-marine have handled a docking all vessels (LNG, LPG, CONVERSION VLSS, BULK, CONTANER) by Agency of Ship Yard on Abroad. MMHE SHIPYARD : MALAYSIA MARINE AND HEAVY ENGINEERING SDN BHD - We have long term contract with Hyundai Merchant Marine (HMM) IMC-YY SHIPYARD : CHINA ZHOUSHAN - IMC JOINT-VENTURE SHIPYARD UNITHAI SHIPYARD : THAILAND TNAKER TERMINAL SHIPYARD PROGRESSING BUSINESS K-marine is promoting like a Project of Tenaga Serices in Malaysia & other country. -Expected effect : It will be created a special supplier of equipment through continuous business cooperation with a national enterprise and huge Ship owners. SPARE PARTS BUSINESS & HEAVY INDUSTRY AGENCY We are progressing a Heavy industry Sales AGENCY and will be expanded our Genuine spare parts business by Heavy industry Agency in the future.

The End Thank you for your concern & support. We are really looking forward to prosperous business-relationship with you.