Integrated shipping company

• Ship building capabilities to support established ship chartering operations
• Achieve cost efficiencies
• Further integration following addition of ship repair and vessel maintenance capabilities

Established track record in ship chartering business

• More than 15 years of experience
• Wide network of customers in Singapore & Indonesia from diverse industries

High quality and efficient vessels

• Average age of less than 5 years
• Satellite surveillance systems installed in tugboats to track route and location and to ensure timely delivery

Stable and constant business from major customers

• Exclusive ship charterer to major customer, BRJ
• Growing base of third-party customers

Shipyard and ship chartering operations are strategically located

• Ship chartering business carried out from Singapore – one of the leading shipping hubs in Southeast Asia
• Proximity to vital regional and international shipping lanes
• Shipyard in Batam, an island in the Riau Islands of Indonesia
• Free trade zone status
• Low operating cost environment

Competitive cost structure

• Overall low cost base with ship building activity in Batam, Indonesia
• Build vessels for ship chartering business at cost as well as repair and maintain
own vessels
• Tax-exempt shipping income status for Singapore-flagged vessels

Experienced and committed management team

• Executive Chairman and CEO have over 15 years and 8 years of experience respectively in ship chartering
• Extensive experience, network and contacts, as well as established relationships with relevant Indonesian authorities
• Supported by a strong and effective management team