1. Q.88.com A Working Solution

2. What is Q.88. Com? Q88.com is primarily a tanker questionnaire generator by means of a website. As tanker owners are aware, creating vessel questionnaires is a daunting task that, most times, has to be completed quickly and accurately on current and ever changing formats of charterers and oil terminals questionnaires in order to conclude a fixture.

3. Many parties need access to the details in order to ensure the ship specifications meet the requirement of the trade and vetting criteria of the charterer, supplier and receiver. Until now, this process has been time consuming and inaccurate. Q88.com allows tanker owners/managers to quickly and accurately fill out and distribute Oil Company and Terminal questionnaires on-line. The information on a particular tanker is only entered once and is re-used to generate as many as 235 different questionnaires.

4. Background On INTERTANKO’s initiative, INTERTANKO and Q88.com have engaged in a co-operation to maximize the potential of the Q88.com concept This co-operation will give INTERTANKO’s Membership greater benefits through an integration of Q88.com into INTERTANKO’s range of services to members and non- members.

5. Why does Q88.com add Value to INTERTANKO Members?

6. Q88.com creates questionnaires faster and more accurately than it is possible to do manually and with most in-house systems. Questionnaires are linked to the OCIMF HVPQ data so the vast majority of the answers are filled in automatically. Q88.com has a built in alert system for expired certificates and approvals. There is a standard format for filling in each questionnaire. Subscribers have access on a global basis, 24 hours a day. Subscribers have access to the latest questionnaires which is currently over 235).

7. Q88.com is developing the ability for subscribers to transmit the questionnaires directly into the issuing company’s database systems. Q88.com is XML-enabled which means that the questionnaires and the data behind it can be easily be integrated with the subscribers’ and their customers’ IT systems. Completed questionnaires can be sent via email or fax directly from the web site. They can also be downloaded to a user’s computer or posted on the web site where third parties can access them via a password-protected login.

8. The Next Stage

9. Q88.com holds the potential of being developed into a standard platform for exchange of information in the tanker industry. Of the various tools available to the tanker industry, Q88.com is the only one that currently holds the potential for been developed into a standard tool for tanker information exchange. Other segments of industry are working to develop similar tools, most notably OCIMF, but the concern is that there will be no means for the ship-owner to influence the information contained in and the management and operation of an oil company controlled vehicle.

10. INTERTANKO has reached an agreement with Q.88.com to develop Q88.com into INTERTANKO’s range of services where it would find a natural home as an exceptionally useful tool for tanker owners. The chance of creating an industry standard for exchange of information on tankers will be greatly enhanced by Q88.com’s association with INTERTANKO, both in terms of a higher number of owners utilizing the system and through INTERTANKO’s support and endorsement. The chance to influence what - and in which form - information about tankers would flow gives INTERTANKO a practical angle to work with, with regard to owner influenced transparency of information.

11. ADDITIONAL BENEFITS

12. The service is integrated into INTERTANKO's range of services to members is therefore available to members at a discount. All INTERTANKO members and associate members are offered a 10% discount on the standard price of the services provided by Q88.com All INTERTANKO members and associate members will receive a 50% discount on the Q88.com set-up fee when signing up for the service.

13. Existing customers of Q88.com will continue to have the Q88.com services provided according to their contracts with Q88.com until the expiry of their contracts. Upon expiry of existing contracts, existing customers will be entitled to a 10% discount on Q88.com standard fees. Check out the features and prices at www.q88.com and do not forget to inform Q.88 that you are an INTERTANKO member when signing up.www.q88.com

14. THANK YOU