BULKER | CONTAINER | TANKER 2 PRESENT FLEET AND NEWBUILDINGS ON ORDER

MT NORDBAY 116,000 DWT Tanker 2007 MT NORDDOLPHIN 114,100 DWT LR2 Tanker 2017 MT NORDMARLIN 114,100 DWT LR2 Tanker 2017 MT NORDPENGUIN 112,000 DWT Tanker 2018 MT NORDINDEPENDENCE 112,000 DWT Tanker 2018 MT NORDROSE 104,600 DWT Tanker 2012 MT NORDLOTUS 105,100 DWT Tanker 2013 MT NORDTULIP 105,100 DWT Tanker 2013 MT NORDORCHID 105,100 DWT Tanker 2013 MT NORDSYMPHONY 106,200 DWT Tanker 2008 MT VENUS R 75,000 DWT Product Tanker 2004 MT N. MARS 75,000 DWT Product Tanker 2004 MT NEPTUN D 75,000 DWT Product Tanker 2004 MT MERKUR O 75,000 DWT Product Tanker 2004 MT TWO MILLION WAYS 74,000 DWT Product Tanker 2008 MT NORDISLE 12,800 DWT Chemical Tanker 2009 MT NORDOCEAN 12,800 DWT Chemical Tanker 2010 MV N DISCOVERY 37,500 DWT Handysize Bulker 2012 MV NORDLOIRE 37,500 DWT Handysize Bulker 2013 MV NORDSCHELDE 37,500 DWT Handysize Bulker 2013 MV NORDCOLORADO 38,500 DWT Handysize Bulker 2016 MV NORDRUBICON 38,500 DWT Handysize Bulker 2016 MV NORDRHONE 38,500 DWT Handysize Bulker 2015 MV NORDSEINE 38,500 DWT Handysize Bulker 2015 MV NORDTIGRIS 38,500 DWT Handysize Bulker 2015 MV NORDORINOCO 38,500 DWT Handysize Bulker 2015 MV NORDTAJO 38,500 DWT Handysize Bulker 2017 MV NORDMOSEL 38,500 DWT Handysize Bulker 2017 MV NORDSPRING 45,000 DWT 3,500 TEU 2007 MV NORDSUMMER 45,000 DWT 3,500 TEU 2007 MV NORDAUTUMN 45,000 DWT 3,500 TEU 2008 MV WINTER D 45,000 DWT 3,500 TEU 2008 MV NORDPACIFIC 35,000 DWT 2,500 TEU 2018 MV NORDMARSH 35,000 DWT 2,500 TEU 2018 MV NORDMAPLE 35,000 DWT 2,500 TEU 2018 MV NORDAMELIA 35,000 DWT 2,500 TEU 2017 MV NORDATLANTIC 33,850 DWT 2,478 TEU 2003 MV NORDBALTIC 33,850 DWT 2,478 TEU 2003 MV NORDMED 33,850 DWT 2,478 TEU 2003 MV NORDMAAS 23,420 DWT 1,800 TEU 2019 MV NORDAMSTEL 23,420 DWT 1,800 TEU 2019 MV NORDMARGHERITA 23,800 DWT 1,700 TEU 2018 MV NORDLILY 23,800 DWT 1,700 TEU 2016 MV NORDCLAIRE 23,800 DWT 1,700 TEU 2016 MV NORDEMILIA 23,800 DWT 1,700 TEU 2016 MV NORDVIOLET 23,800 DWT 1,700 TEU 2015 MV NORDPUMA 23,800 DWT 1,700 TEU 2015 MV NORDLEOPARD 23,800 DWT 1,700 TEU 2015 MV NORDLION 23,800 DWT 1,700 TEU 2014 MV NORDTIGER 23,800 DWT 1,700 TEU 2014 MV NORDOCELOT 23,800 DWT 1,700 TEU 2014 MV NORDCHEETAH 23,800 DWT 1,700 TEU 2014 MV NORDPANTHER 23,800 DWT 1,700 TEU 2014 MV NORDLUCHS 23,800 DWT 1,700 TEU 2014

3 COMPANY HISTORY

The Oldendorff family commenced in shipping 1921 NORD was established in Hamburg in 1964

• Initial vessels were tweendecker bulkers • First new-buildings 1969 • Entry into container segment in 1979

The Cyprus office was founded in 1986

• Entry into panamax bulk market in 1992 • Entry into tanker market in 1997 • After the demise of Klaus E. Oldendorff in 2003, ownership and control was ultimately passed on to his sons Christian and Nikolaus Oldendorff.

The Netherlands office was founded in 2013

• Hanseatic Unity as joint venture chartering with Bernhard Schulte was founded in 2012 with offices in Hamburg, Singapore and Limassol.

4 COMPANY ORGANISATION

Hamburg office for container and bulk vessels • Commercial, technical, crewing, accounting, safety and quality • Chartering via Hanseatic Unity chartering

Amsterdam and Limassol office for product and crude tankers • Commercial, technical, crewing, accounting, safety and quality (incl. vetting) • Chartering either time charters or pool employment

Crew compositions • 21 Seafarers plus 2 cadets minimum • Officers multi-national from 32 countries • Ratings from Kiribati, Philippines or Sri Lanka • Vessels registrations: - All EU flags, Cyprus, Malta or Portugal - Classification with LR, DNV or NKK

5 TANKER FLEET Aframax, crude

Type: Double Hull Crude Oil Tanker Length overall: 249.00 m Yard built: 1) Sumitomo Heavy Ind. Marine & Eng. Co. Ltd., Jap. Breadth: 44.00 m 2) Universal Shipbuilding Corporation, Japan Tank capacity: 114,727 - 128,714 m3 3) Tsuneishi Holdings Corporation, Japan DWT / Draft: 116,104 mt on 14.67 m scantling draft Coating: Coated top and bottom / Epoxy Special features: ITF fitted Main Engine type: 4) Mitsui MAN B&W 6S60 MC-C 5) Sulzer 7RTA58T Speed & consumption: Normal sea speed ballast: 14.5 - 15.8 knots ballast on 38.0 - 51.0 mt IFO Normal sea speed laden: 14.5 - 15.5 knots laden on 40.0 - 49.0 mt IFO Economical sea speed ballast: 12.0 - 13.0 knots ballast on 26.0 - 30.5 mt IFO Economical sea speed laden: 12.0 - 12.5 knots laden on 29.0 - 33.0 mt IFO each plus 2.9 - 3.0 mt IFO for auxiliaries Employment: Time Charters or Voyage Charter via Pools

MT NORDPENGUIN 1) 4) 112,000 DWT 2018 MT NORDINDEPENDENCE 1) 4) 112,000 DWT 2018 MT NORDLOTUS 1) 4) 105,100 DWT 2013 MT NORDTULIP 1) 4) 105,100 DWT 2013 MT NORDORCHID 1) 4) 105,100 DWT 2013 MT NORDROSE 1) 4) 104,600 DWT 2012 MT NORDSYMPHONY 3) 4) 106,200 DWT 2008 MT NORDBAY 2) 5) 116,000 DWT 2007

6 TANKER FLEET LR2/Aframax, oil product tanker

Type: Double Hull Oil Tanker Length overall: 249.87 m Yard built: Samsung Heavy Industries, Korea Breadth: 43.80 m DWT / Draft: Summer SW 114,060 mt on 15.100 m Tank capacity: 123,854 m3 Winter SW 113,948.5 mt on 14.785 m Coating: Fully coated / Epoxy Special features: ITF fitted Main Engine type: MAN, 6G60ME-C9.5 TII 11,400 kw at 77.5 RPM (MCR) Aux Engines: 3 Yanmar diesel generators of 900 kw each Speed & consumption: Normal sea speed ballast: 14.0 - 15.0 knots ballast on 30.5 - 36.0 mt IFO Normal sea speed laden: 14.0 - 15.0 knots laden on 38.5 - 45.5 mt IFO Employment: Time Charters or Voyage Charter via Pools

MT NORDDOLPHIN 114,000 DWT 2017 MT NORDMARLIN 114,000 DWT 2017

7 TANKER FLEET Panamax, product

Type: Double Hull Oil Tanker Length overall: 1) 228.19 m 2) 228.49 m Yard built: 1) Hyundai Heavy Industries Co. Ltd., South Korea Breadth: 32.20 m 2) Onomichi Dockyard, Japan Tank capacity: 82,100 m3 DWT / Draft: 1) 74,999 mt on 14.44 m scantling draft 2) 73,965 mt on 14.37 m scantling draft Coating: Fully coated / Epoxy Special features: 1+2) ITF fitted 2) Ice Class 1A Main Engine type: 1) Hyundai MAN B&W 6S60MC-C Mark VII 2) Mitsui MAN B&W 6S60MC-C Speed & consumption: Normal sea speed ballast: 15.5 - 16.0 knots ballast on 36.9 - 49.5 mt IFO Normal sea speed laden: 15.5 - 15.5 knots laden on 48.3 - 50.2 mt IFO Economical sea speed ballast: 10.0 - 12.0 knots ballast on 17.3 - 25.2 mt IFO Economical sea speed laden: 10.0 - 12.5 knots laden on 17.5 - 27.4 mt IFO each plus 2.8 - 3.2 mt IFO for auxiliaries Employment: Time Charters or Voyage Charter via Pools

2) MT TWO MILLION WAYS 74,000 DWT 2008 1) MT VENUS R 75,000 DWT 2004 1) MT N. MARS 75,000 DWT 2004 1) MT NEPTUN D 75,000 DWT 2004 1) MT MERKUR O 75,000 DWT 2004

8 TANKER FLEET Handysize, chemical and product tanker

Type: Double Hull Oil / Chemical Tanker Length overall: 1) 128.60 m 2) 121.80 m Yard built: 1) Sekwang Shipbuilding, South Korea Breadth: 20.40 m 2) STX Shipbuilding Co. Ltd., South Korea Tank capacity: 1) 13,405 m3 2) 12,979 m3 DWT / Draft: 1) 13,127 mt on 8.71 m scantling draft 2) 12,823 mt on 8.65 m scantling draft Coating: Sigma Phenguard Epoxy - whole tank coated Special features: 1) Nitrogen Innert System 2) IGS 1+2) ITF fitted Main Engine type: STX - MAN 6S35MC7 Speed & consumption: Normal sea speed ballast: 13.8 - 14.0 knots ballast on 16.3 - 19.7 mt IFO Normal sea speed laden: 13.5 knots laden on 16.8 - 21.0 mt IFO Economical sea speed ballast: 10.0 - 12.5 knots ballast on 10.6 - 11.0 mt IFO Economical sea speed laden: 9.5 - 12.0 knots laden on 10.9 - 12.0 mt IFO each plus 1.6 mt IFO for auxiliaries Employment: Time Charters or Voyage Charter via Pools

2) MT NORDOCEAN 12,800 DWT 2010 2) MT NORDISLE 12,800 DWT 2009

9 BULKER FLEET Handysize

Type: “Emerald 37“ Handysize Bulker Length overall: 189.95 m Yard built: Zhejiang Ouhua Shipbuilding Co. Ltd., China Breadth: 28.31 m DWT / Draft: 37,212 mt on 10.50 m scantling draft Cargo hold capacity: 48,903 m3 Tank top strength: Hold no. 1/3/5: 25 mt/m2, Hold no. 2/4: 20 mt/m2 Special features: Ice Class 1C, CO2 fitted, Appendix B fitted / A60 bulkhead, AHL / WWF compliant, ITF fitted Main Engine type: Wärtsilä 6RTA48T-D Speed & consumption: Normal sea speed ballast: 13 knots ballast on 18.7 mt IFO (12.40 m design draft) Normal sea speed laden: 13 knots laden on 19.9 mt IFO Economical speed ballast: 12 knots ballast on 15.3 mt IFO Economical speed laden: 12 knots laden on 16.5 mt IFO each plus 2.2 mt IFO for auxiliaries Gear / Type: 4 x 30 mt SWL (at 28 m outreach) MacGregor electro-hydraulic deck cranes Employment: Hanseatic Unity Chartering Handy Pool

MV N LOIRE 37,500 DWT 2013 MV NORDSCHELDE 37,500 DWT 2013 MV N DISCOVERY 37,500 DWT 2012

10 BULKER FLEET Handysize

Type: “Emerald 38 Mark II“ Handysize Bulker Length overall: 189.90 m Built: Zhejiang Ouhua Shipbuilding Co. Ltd., China Breadth: 28.30 m DWT / Draft: 38,000 mt on 10.50 m scantling draft Cargo hold capacity: 47,564 m3 Tank top strength: about 22 mt/m2

Special features: CO2 fitted, Appendix B fitted / A60 bulkhead, AHL / WWF compliant, ITF fitted Main Engine type: MAN 5G50 ME-B Speed & consumption: Economical speed ballast: 13 knots on 17.8 mt IFO Economical speed laden: 13 knots on 18.7 mt IFO consumption includes M/E and auxiliaries Gear / Type: 4 x 30 mt SWL (at 28 m outreach) MacGregor electro-hydraulic deck cranes Employment: Hanseatic Unity Chartering Handy Pool

MV NORDCOLORADO 38,000 DWT 2016 MV NORDRUBICON 38,000 DWT 2016 MV NORDRHONE 38,000 DWT 2015 MV NORDSEINE 38,000 DWT 2015 MV NORDTIGRIS 38,000 DWT 2015 MV NORDORINOCO 38,000 DWT 2015

11 BULKER FLEET Handysize

Type: “Green Dolphin 38“ Handysize Bulker Length overall: 180.00 m Built: Jiangsu Hantong Ship Heavy Industry Co. Ltd. Breadth: 32.00 m DWT / Draft: about 38,000 mt on about 10.50 m scantling draft Cargo hold capacity: about 50,500 m3 Tank top strength: about 25 mt/m2

Special features: Open hatch, No. 2, 3, & 4 holds are box-shaped, CO2 fitted, Appendix B fitted / A60 bulkhead, AHL / WWF compliant Main Engine type: MAN 5S 50ME-B Speed & consumption: Service speed of about 14 knots on 18.6 mt IFO basis design draft of 9.5 m (for M/E only) Gear / Type: 4 x 30 mt SWL (at 28 m outreach) electro-hydraulic deck cranes Employment: Hanseatic Unity Chartering Handy Pool

MV NORDMOSEL 38,500 DWT 2017 MV NORDTAJO 38,500 DWT 2017

12 CONTAINER FLEET Panamax Size, Season Class

Type: “STX 3500“ Panamax Size, Cellular gearless Container Vessel Length overall: 246.80 m Yard built: STX Shipbuilding Co. Jinhae, South Korea Breadth: 32.20 m DWT / Draft: 44,985 mt on 12.30 m scantling draft TEU nominal: 3,586 TEU TEU 14 mt homo: 2,501 TEU Reefer intake: 500 whereof 200 in holds / 300 on deck Special features: possible to upgrade to 600 reefer plugs, WWF compliant, ITF fitted Main Engine type: STX MAN-B&W 9K80MC-C Speed & consumption: Normal sea speed: 20.0 knots on 71.0 mt IFO (10.75 m design draft) Economical speed: 13.5 knots on 23.5 mt IFO each plus 5.5 mt IFO for auxiliaries Gear / Type: gearless Employment: Time Charters via Hanseatic Unity Chartering

MV WINTER D 3,500 TEU 2008 MV NORDAUTUMN 3,500 TEU 2008 MV NORDSPRING 3,500 TEU 2007 MV NORDSUMMER 3,500 TEU 2007

13 CONTAINER FLEET Sub-Panamax Size, Ocean Class

Type: “MTW 2500“ Sub-Panamax Size, Selfsust. Cell. Cont. Vessel Length overall: 207.40 m Yard built: Aker-MTW Werft GmbH Wismar, Germany Breadth: 29.80 m DWT / Draft: 33,900 mt on 11.40 m scantling draft TEU nominal: 2,478 TEU TEU 14 mt homo: 1,912 TEU Reefer intake: 400 whereof 100 in holds / 300 on deck Special features: WWF compliant, ITF fitted Main Engine type: Wärtsilä 7RTA72U-B Speed & consumption: Normal sea speed: 20.0 knots on 62.0 mt IFO (10.75 m design draft) Economical speed: 12.5 knots on 17.5 mt IFO each plus 4.5 mt IFO for auxiliaries Gear / Type: 3 x 45 mt SWL (at 25 m outreach) single cranes Employment: Time Charters via Hanseatic Unity Chartering

MV ATLANTIC 2,500 TEU 2003 MV BALTIC 2,500 TEU 2003 MV NORDMED 2,500 TEU 2003

14 CONTAINER FLEET SDARI 1,800 TEU

Type: Cellular Container Vessel – 1,800 TEU Year, Yard built: 2019 at Jiangsu Yangzijiang Shipbuilding, China DWT / Draft: 23,43 mt on 9,5 m scantling draft 25,00 mt on 9,5m design draft Length overall: 172.00 m Breadth: 28.40 m TEU nominal: 1,695 TEU TEU 14 mt homo: 1,400 TEU Reefer intake: 492 FEU (200 Hold, 292 Deck) Gear: Gearless Main Engine type: WINGD 6RT-flex58T-E (11,150kW @ 99 RPM) Speed & consumption: about 18.5 knots on about 40.5 mt HFO basis design draft Eco speed/consumption: about 17.0 kt @ about 28.7 mt HFO basis design draft Employment: Time Charters via Hanseatic Unity Chartering

MV NORDMAAS 1,800 TEU 2019 MV NORDAMSTEL 1,800 TEU 2019

15 CONTAINER FLEET SDARI 2,500 TEU

Type: Sub-Panamax Size, Selfsustained Cellular Container Vessel Year, Yard built: 2015/2016, Guangzhou Wenchong Shipyard Co. Ltd., China | 2018, AVIC Weihai, China DWT / Draft: 35,000 mt on 11.50 m scantling draft 25,000 mt on 9.50 m design draft Length overall: 195.00 m Breadth: 32.20 m TEU nominal: 2,500 TEU TEU 14 mt homo: 2,000 TEU Reefer intake: 530 FEU (289 Hold, 241 Deck), resp. 850 TEU (AVIC type) Gear: 3x45t SWL @ 28m Main Engine type: MAN 6G60ME-C9.2-TII, Derated, Low Load (EGB) Speed & consumption: 18.0 knots on 38 mt IFO basis design draft 16.0 knots on 25 mt IFO basis design draft 14.0 knots on 18 mt IFO basis design draft Employment: Time Charters via Hanseatic Unity Chartering

MV NORDMAPLE 2,500 TEU 2018 MV NORDMARSH 2,500 TEU 2018 MV NORDPACIFIC 2,500 TEU 2018 MV NORDAMELIA 2,500 TEU 2017

16 CONTAINER FLEET Feeder Size, Topaz Class

Type: Cellular Container Vessel - Type Topaz 1700 Length overall: 169.99 m Year, Yard built: 2014 in Zhejiang Ouhua Shipbuilding, China Breadth: 28.10 m DWT / Draft: about 23,800 mt on about 9.5 m sswd Length between pp: about 161,58 m / Depth to main deck: about 14.2 m Containers in holds: 668 TEU - alt. 324 FEU | On deck: 1,062 TEU - alt. 526 FEU TEU nominal: 1,730 TEU - alt. 850 FEU plus 30 TEU | TEU 14 mt homo: 1,380 TEU Reefer intake: total 350 reefer plugs fitted on board - 130 in holds / 220 on deck Main Engine type: MAN B&W 6S60ME-B8.2 (14.280 kW @ 105 RPM) Auxiliaries: 1* MAN 6L21/31 - 900 rpm 1.254 kWe | 2* MAN 8L21/31 - 900 rpm 1.672 kWe each Speed & consumption: Normal sea speed: 18.5 knots on 42.4 mt IFO | Economical speed: 13.0 knots on 15.5 mt IFO (on 8.50 m design draft) each plus 3.1 mt IFO for auxiliaries Gear / Type: gearless Employment: Hanseatic Unity Chartering Topaz Pool

MV NORDMARGHERITA 1,700 TEU 2018 MV NORDLILY 1,700 TEU 2016 MV NORDCLAIRE 1,700 TEU 2016 MV NORDEMILIA 1,700 TEU 2016 MV NORDVIOLET 1,700 TEU 2015 MV NORDPUMA 1,700 TEU 2015 MV NORDLEOPARD 1,700 TEU 2015 MV NORDLION 1,700 TEU 2014 MV NORDTIGER 1,700 TEU 2014 MV NORDOCELOT 1,700 TEU 2014 MV NORDCHEETAH 1,700 TEU 2014 MV NORDPANTHER 1,700 TEU 2014 MV NORDLUCHS 1,700 TEU 2014 17 18 REEDEREI NORD GMBH Germany Astra Tower www.primetime-design.de Zirkusweg 2 20359 Hamburg

Fon: +49 40 369020 Fax: +49 40 364937

REEDEREI NORD B.V. Netherlands Alpha Tower De Entree 53 1101 BH Amsterdam Z.O.

Fon: +31 20 7606400 Fax: +31 20 7606490

REEDEREI NORD SHIP MANAGEMENT LIMITED Cyprus Iacovou Agias Zonis Center Office 301 22A Agias Zonis CY-3027 Limassol

P.O. Box 56345 CY-3306 Limassol

Fon: +357 25 841400 Fax: +357 25 345077