1. Q88.com Presentation INTERTANKO North American Panel Meeting March 22, 2004 Fritz Heidenreich President Heidenreich Innovations Inc.

2. Q88.com – Outline Overview Features Sea AMS INTERTANKO Future of Q88 Summary

3. Q88.com – Overview Launched: June 2001 Purpose: To automatically create vessel questionnaires # Questionnaires: 293 # Owners: 145 # Vessels: 1,700 Over 6,000 Q88s are downloaded each month A service of INTERTANKO

4. Q88.com – Features Automatically generate oil company and terminal questionnaires Track vetting approvals Track certificate expiration dates Create and distribute tank plan and mooring diagrams Give charterers, brokers and agents access to Questionnaire 88s

5. Q88.com – Sea AMS U.S. Customs approved Service Center Expected to be ready by April 2, 2004 deadline Service allows owners to submit manifest directly from web site Notifications to be sent out via email /fax / cell / pager Service specifically designed for the tanker industry

6. Q88.com – INTERTANKO To promote Q88.com as an industry standard Help shape Q88.coms future development Promote integration with industry, flag, class and port-states Ship Owner controlled service ensuring the voice of the owners is represented Obtain discounted pricing for INTERTANKO members

7. Q88.com – Future Integration with: Equasis USCG OCIMF / CDI Flag / Port States Class Charterers Terminals Full support for Harmonized VPQ format Document management system Goal: ~3,500 vessels Industry database for vessel information