1. KADMOS SHIPPING ENTERPRISES Welcome to Kadmos Shipping Enterprises. In the next minutes, you will learn about our mission, who we are and what we do. Get in touch with us. We will be most pleased in attending your requirements. Click here to start.

2. Table of Contents Click on the specific topic or await continuation. Our Mission Corporate Values Environmental Policy Background Who We Are Services Major Clients Contact us

3. Our Mission Please the client, by seeking the best solutions in the market, with an ethical attitude, making difference as a result of service level of quality and, mainly, outstanding performance. Return to Table of Contents

4. Corporate Values Integrity Above all, we have a commitment with integrity in all that we do, inside and outside the company. Respect We respect all people, irrespectively of their origin, hierarchy, gender, religion and age, valorizing their ideas and opinions. Staff Team work is the essence of our success. We share knowledge and resources, aiming at providing benefit to our collaborators, clients and shareholders. Professionalism We have the commitment to offer the highest level of quality pattern to our clients, acting at all times with professionalism, inside and outside the company. Return to Table of Contents

5. Environmental Policy Kadmos Shipping Enterprises, committed with the development of its activities and services, in harmony with the environment and the preservation of life under all of its forms, establishes the present Environmental Policy, undertaking to: - Meet the legal requirements and other applicable requirements regarding its activities and services. - Promote continuing actions for the awareness of its collaborators and service renderers as to the importance of the relations with the Environment. - Consider the environmental aspect as a highly relevant factor in all of its planning, implementation, operation and maintenance processes during its projects. - Maintain a permanent search of the improvement of its processes aiming at the adoption of procedures and techniques that prevent pollution and minimize impacts to the Environment. - Use reasonably all natural resources or those derived from nature. - Use, in all of its units and for all purposes, 100% recycled paper. Return to Table of Contents

6. Background Kadmos was a Greek God, whose life was difficult, filled with many wars, battles and learning. Before reigning over the city of Tebas, he faced big journeys, where he proved his strength and where he consolidated his strength and wisdom. His reign was peaceful, long and prosperous. He was considered to be just, hard-working, patient and wise. The choice of King Kadmos as our patron reflects what we wish for our life and that of our clients, that is, a lot of strength to face the battles, many victories, successes, learning and a lot of prosperity. Kadmos is fruit of the partnership between father and son, Mário and Alexandros, started in 2006. In spite of the fact that the company is only beginning to walk, the experience of more than 30 years in the market, allied to an extensive network of contacts, has made it possible for the company to be successful during its very first year. Return to Table of Contents

7. Background Kadmos Shipping Enterprises began its activities in March of 2006, acting as Shipping Agents, Shipping Operators, Cargo and Ship Brokerage, Representation, Maritime Brokerage, Shipping Consulting and Foreign Trade, Logistic Projects and Purchase and Sale of Ships and scraps. In 2006, the company acted quite intensively becoming the general representative in Latin America of the Ukranian State Oil Company “Chernomorneftegaz”, being responsible for the operation in Brazil of the AHTS ATREK, time chartered to Petrobras and for the development of new businesses in Latin America. In June of 2006, KADMOS participated in the World Navigation Fair, “Posidonia”, in Athens, Greece. The success of the relationship with ship owners and clients led the company to keep a representative in Athens, and plans to open an office in Athens in 2007. Return to Table of Contents

8. Who We Are Kadmos is managed by businessman Mário Ikonomopoulos, a Greek-Brazilian who started in Shipping in 1970, having worked for large national and international navigational groups. After 6 years in Europe, where he acted as consultant for several ship owners, Mário got together with his son Alexandros and opened Kadmos Shipping Enterprises. Click here to read about his career..Click here to read about his career. The Operations Department of Kadmos is managed by Alexandros Navarro Ikonomopoulos, who works in Shipping for 8 years, with the experience of having worked with oil tankers, gas tankers, platforms and offshore ships. Click here to read about his career.Click here to read about his career Kadmos staff is comprised by market professionals, all fluent in English and with different skills. The central office is located in downtown Rio de Janeiro, relying on the support of agencies all over Brazil and representatives in the United States, Greece and China. Return to Table of Contents

9. Services -Brokerage of Cargo and Ships -Representation -Maritime Agency -Consultancy in Foreign Trade and Navigation -Special Transportation Projects -Logistics -Purchase and Sale of Ships and Scraps Return to Table of Contents

10. Major Clients -Chornomornaftogaz, Oil and Gas State Company of Ukrania -Fortrans Ltd., Ukranian Ship Builder -Stealth Maritime Corporation S/A, Greek Ship Builder -Top Tankers Inc., Greek Ship Builder -Eastern Mediterranean Maritime Ltd., Greek Ship Builder -Cardiff Marine, Inc., Greek Ship Builder -Technomar Shipping Co, S/A, Greek Ship Builder -Drytank S/A, Greek Ship Builder -MSC Mediterranean Shipping Co., Italian Ship Builder -CMA CGM Inc., French Ship Builder -Sinotrading & Operations Ltd., Foreign Trade Chinese Company -Ulysses Systems, British company of ship management systems -Petróleo Brasileiro S/A – Petrobras, Brazilian Petroleum Company -Navegação São Miguel Ltda., Brazilian Ship Builder -Comercial Marítima Oceânica Ltda, Brazilian Ship Builder -Gastrade e Transporte Ltda., Company specialized in Gas in Brazil -Companhia Vale do Rio Doce S/A, Brazilian Steel Industry -Acesita S/A, Brazilian Steel Company -Magnesita S/A, Brazilian Steel Company Return to Table of Contents

11. Contact us Kadmos Shipping Enterprises Rua do Rosário, 61 Sl. 202 Centro – Rio de Janeiro – RJ 20041-002 – BRAZIL Vox : 55 21 2223.1004 Fax : 55 21 2223.3970 24hs: 55 21 8268.5021 kadmos@kadmos.com.br www.kadmos.com.br Return to Table of Contents

12. Mário Ikonomopoulos PROFESSIONAL BACKGROUND: KADMOS SHIPPING ENTERPRISES – Brazil – March 2006 Brokerage of Cargo and Ships, Maritime Transportation, Representation, Logistics and Foreign Trade, Position: General Director INTERNATIONAL CONSULTANT – Europe – September 1999 / December 2005 Brokerage of Cargo and Ships, Maritime Transportation Logistics and Foreign Trade ARABIAN SHIPPING DO BRASIL S/A – Brazil – June 1994 / August 1999 Brazilian Ship Builder, 150 employees, annual income of USD 15 million Position: Executive Vice-President ATLAS MARITIME - Brazil – June 1988 / May 1994 Greek-Swiss Ship Owner, 3,000 employees, 50 ships, annual income of USD 200 million. Position: General Manager in Brazil LACHMAN AGENCIAS MARITIMAS – Brazil – March 1978 / May 1988 Maritime Agency, brokerage of cargo and ships, 900 employees, Annual income of USD 50 million. Position: Manager of Lines and Charter Agencies Return to Who We Are Return to Table of Contents

13. Alexandros Navarro Ikonomopoulos PROFESSIONAL BACKGROUND: KADMOS SHIPPING ENTERPRISES – Brazil – March 2006 Brokerage of Cargo and Ships, Maritime Transportation, Representation, Logistics and Foreign Trade Position: Commercial and Operations Manager VIKING MARITIMA LTDA. – Brazil – January 2004 / January 2006 Maritime Agency specialized in offshore ships and oil and gas platforms Position: Manager of Operations PARFINA MARITIMA S/A – Brazil – July 2001 / December 2005 Brazilian Navigation Company, 60 employees, annual income of USD 10 million Position: Commercial and Operations Manager JAGMA COMÉRCIO E NAVEGAÇÃO LTDA. - Brazil – October 1999 / July 2001 Brokerage of Cargo and Ships, Maritime Agency, 30 employees, annual income of USD 5 million Position: Manager of Operations and Chartering Return to Who We Are Return to Table of Contents