WOOHYUN SHIPPING CO LTD TABLE OF CONTENTS PAGE

WOOHYUN SHIPPING CO. , LTD.

TABLE OF CONTENTS PAGE 1 COVER PAGE 2 TABLE OF CONTENTS PAGE 3 PROFILE PAGE 4 HISTORY PAGE 5 CONTACT POINTS PAGE 6 TRAMPER SERVICES PAGE 7 -17 LINER SERVICES PAGE 18 CHARTERING/FORWARDING SERVICES PAGE 19 FLEET LIST PAGE 20 -21 OVERSEAS PARTNERS WOOHYUN SHIPPING CO. , LTD

WOOHYUN SHIPPING CO. , LTD PROFILE Company Woohyun Shipping Co. , Ltd. Website www. woohyunshpg. co. kr President Mr. Moon, Ho Sung Capital 1, 000, 000 Korean won ($1, 000 USD) Established May, 2003 Employees Shore Officer : 15, Ship Officer : 22 Main Business Head Office Address General cargo Carrier Business, Tramper Business, Chartering RM. 702, Yongdong BLDG. , 1212 -4, Choryang 1 -dong, Dong-ku, Busan, Korea (601 -839) E-mail woohyun@woohyunshpg. co. kr Tel Number + 82 51 465 4505(Rep) Fax) +82 51 465 4506

HISTORY WOOHYUN SHIPPING CO. , LTD 2003. 05 - Established Woohyun Shipping Co. , Ltd as ship broker and general ship agent, chartering company 2006. 10 – Opened Seoul office 2007. 01 – Agreement long term exclusive contract with “Ben Nghe” port in Hochiminh, Vientnam Agreement long term exclusive contract with “Haiphong main port” in Haiphong, Vietnam 2007. 07 - Acquired international freight forwarding agency license 2010. 03 – Introduced tonnage 5, 994 GRT “MV Woohyun Queen” 2011. 06 – Introduced tonnage 5, 144 GRT “MV Woohyun Haemil” 2011. 07 – Acquired marine cargo/freight transportation/transport business license 2014. 09 – Introduced tonnage 9, 991 GRT “MV Woohyun Hope”

CONTACT POINT BUSAN HEAD OFFICE WOOHYUN SHIPPING CO. , LTD SEOUL OFFICE Cargo booking, Supercargo, General agent, Account Cargo booking, Documents, Chartering, Operation Woohyun Shipping Co. , Ltd. Rm. 702, Youngdong BLDG. , 1212 -4, Choryang 1 -dong, Dong-ku, Busan, Korea (601 -839) Woohyun Shipping Co. , Ltd. Rm. 502, Sejongro Daewoo B/D, 167, Naesoo-dong, Jongno-gu, Seoul, Korea (110 -719) Tel : +82 -51 -465 -4505 Fax : +82 -51 -465 -4506 E-mail : woohyun@woohyunshpg. co. kr Tel : +82 -2 -738 -4505 Fax : +82 -2 -738 -4506 E-mail : woohyun@woohyunshpg. co. kr

TRAMPER SERVICES � � � WOOHYUN SHIPPING CO. , LTD 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 and other bulk/general commodities Far East Area. currently operating more or less 10 vessels per every month including owned and long/short term chartered tonnages.

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

KOREA – VIETNAM SERVICE WOOHYUN SHIPPING CO. , LTD MASAN BUSAN HONGKONG JAPAN TAIWAN HAIPHONG DUNG QUAT HOCHIMINH *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 : 2 SAILINGS/MONTH

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

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

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

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

CARGO OPERATION / HEAVY & OVER SIZED CARGO WOOHYUN SHIPPING CO. , LTD 1)OVER HEIGHT CARGO (9 M ) -TWEEN HATACH OPEND 2)POL/POD: MASAN/HOCHIMINH 1)LONG LENGTH CARGO (30 M TO 55 M) 2)HEAVY CARGO ( 100 MT TO 160 MT ) 3)POL/POD : BUSAN/MAP TAPHUT 1)HEAVY CARGO (MODULE) : 160 MT 2)POL/POD : MASAN/LAEMCHABANG

CARGO OPERATION / GENERAL CARGO WOOHYUN SHIPPING CO. , LTD

WOOHYUN SHIPPING CO. , LTD

WOOHYUN SHIPPING CO. , LTD 1)CRANE COMBINE HANDLING 2)HEAVY CARGO ( 112 MT ) 3)POL/POD : MASAN / LAEMCHABANG

WOOHYUN SHIPPING CO. , LTD CHARTERING/FORWARDING SERVICES � � � Woohyun Shipping is a professional forwarding company which pursues customers’ best satisfaction with the best services and we have developed chartering business rapidly to keep pace with the various needs of our customers. For long time experience, we have a good reputation and for respond of requirement customers, Time Charter, Voyage Charter, Sales & Purchase and various type for dry bulk cargo will be advised by our chartering dept. Air freight business Project business Sea freight business Sea-air traffic Break-bulk service

WOOHYUN SHIPPING CO. , LTD FLEET LIST VESSEL NAME DWT FLAG SERVICE SPEED BUILT CRANE CAPACITY VESSEL TYPE WOOHYUN HOPE 13041 KOREA 13. 5 KT 1997 40 MT X 2, 61 MT X 2(COMBI 122 MT) TDBC, RORO THAI OCEAN 9999 PANAMA 12. 0 KT 1996 25 MT X 2, 60 MT X 2(COMBI 100 MT) TDBC RAINBOW IVY 12286 HONGKONG 12. 0 KT 2011 30 MT X 4(COMBI 55 MT) TDBC AMP DIAMOND 8500 HONGKONG 12. 5 KT 2010 30 MT X 2(COMBI 60 MT) TDBC AMP PRINCESS 8631 HONGKONG 12. 5 KT 2010 30 MT X 2(COMBI 60 MT) TDBC TIME HOPE 9999 KOREA 13. 0 KT 2004 30 MT X 1, 35 MT X 2(COMBI 70 MT) TDBC JK GALAXY 17556 KOREA 12. 75 KT 2010 30 MT X 1, 30 MT X 2(COMBI 60 MT) TDBC WHITE MARY 8955 PANAMA 12. 5 KT 2010 30 MT X 2(COMBI 60 MT) TDBC GOLDEN 138 9105 PANAMA 13. 0 KT 2008 40 MT X 2(COMBI 80 MT) TDBC BJ QUEEN 11421 KOREA 12. 0 KT 2004 30 MT X 1, 30 MT X 2 TDBC PRINCESS 11247 KOREA 12. 0 KT 2000 30 MT X 1, 30 MT X 2(COMBI 60 MT) TDBC BLUE LOTUS 14187 PANAMA 12. 0 KT 1999 25 MT X 3 SDBC DL LILAC 33751 PANAMA 14. 0 KT 2012 35 MT X 4 SDBC SUN PRIME 29478 KOREA 13. 5 KT 1998 30 MT X 4 SDBC SIDER DREAM 31894 PANAMA 14. 8 KT 2005 30 MT X 4 SDBC

OVERSEAS PARTNERS RUSSIA ISS-PRISCO (Vladivostok) 505 office, 3 A Pologaya str. , Vladivostok, Primorskiy Kray, 690091, RUSSIA Tel: +7 4232 604591; Fax: +7 4232 604591; Tlx: 353812 PRISC RU E-mail: agency. vld@iss-prisco. ru JAPAN TAISEI INTERNATIONAL CO. , LTD. ROOM NO. 203, MINO SUNPLAZA-2, 6 -2 -5, MINO CITY, OSAKA, JAPAN. TEL NO. : 81 -72 -725 -7101 72 -725 -7110 / FAX NO. : 81 - E-MAIL ADD : tic@alpha. ocn. ne. jp WOOHYUN SHIPPING CO. , LTD TAIWAN CHINA SEA SHIPPINGTEL : +886 -75511231 FAX : +886 -7 -5511235 M. PHONE : +886 -928107036 E-MAIL : anthony@chinasea. com. tw VIETNAM BLUE OCEAN SHIPPING CORPORATION Add: Viconship Saigon Bldg, Midle Floor, No. 6 -8, Doan Van Bo Str. , Ward 9, Dist. 4, Hochiminh City, Vietnam Tel: +84 -8 -3943. 5219, 3943. 5215 Fax: +84 -8 -3826. 9178, 3943. 5261 Email: bocean@bocean. vn CHINA QINGDAO LINKRICH SHIPPING CO. , LTD Rm 1201, Hui. Tong. Tian. Di 105# Yan’An 3 Road Qingdao, China Tel: 86 -532 -55572258/2259/2260/2261 Fax: 86 -532 -55572257 E. mail: shpg@qdlinkrich. com

WOOHYUN SHIPPING CO. , LTD THAILAND ITL SERVICES AND LOGISTICS CO. , LTD. 3388/8 3 A SIRINRAT BLDG. , RAMA 4 RD. , KLONGTON, KLONGTOEY BANGKOK 10110 T. 662 -2402090 -2 # 107 F. 662 -2402093 EMAIL : waritanant@itlthai. com SINGAPORE Kingstate Maritime Agency(S)Pte Ltd Tel (65)62259534 Fax (65)62259564 Internet Phone +82 70 7443 9530 e-mail: kingstate@singnet. com. sg MALAYSIA Hua Hang Shipping & Trading (M) Sdn Bhd Tel: (+604) 2623622 Fax: (+604) 2623622 E-mail: huahang. ops@huahangshipping. com (General) INDONESIA PT. Perintis Cahaya Timur(PT PCT) Jl. Melati No. 23 L, 2 nd Floor, Rawa Badak Utara Koja, Tanjung Priok, Jakarta Utara - Indonesia Tel +62 -21 -65305526/5623 Fax +62 -2165304755 e-mail : mirinae 999@gmail, tdsitglobal@gmail. com, ops. gbo@gmail. com INDIA GAC Shipping (India) Pvt. Ltd. P. B. No. 226 G. P. O. , Badheka Chamber, 31 Manohardas Street, Fort, Mumbai - 400 001. | Direct: +91 -22 -4030 7816 | Fax: +91 -224030 7900 | EMAIL : shipping. mumbai@gac. com Skype : shipping. mumbai | Web: www. gac. com