1. Page 1 ENERGY EFFICIENCY HEALTHY, SAFE & PROFITABLE

2. Page 2 ABOUT RIGHTSHIP Independent company formed in Oct 2001 Houston, Melbourne & London 260+ customers globally Ship Vetting & Risk Management Petroleum & Dry Cargo vetting service Largest provider of third party vetting service 3.16b DWT vetted in 2014 Award winning proven system ISO9001 & ISO27001 certified Our CSR - Environmental GHG Emissions Rating IMO MEPC Correspondence Group – Australian Delegation Shortlisted for Ocean Innovation Challenge (The Economist) Partnering for Sustainability

3. Page 3 Energy Efficiency –Healthy –Profitable –Safety & Sustainability TODAY’S DISCUSSION “Eco Vessels = Healthy / Profitable / Safer Vessels = Lower Risk” Partnering for Sustainability

4. Page 4 How is it Healthy? How is it $Profitable$? Why is it Safer? Partnering for Sustainability

5. Page 5 THE LINK... GHG TO NO X & DPM TO VOC & OZONE Shipboard GHG – CO 2 produced in Engines Collateral production of NOx & DPM depending on Engine Tier Complex reaction of NOx with VOCs in air produces Ozone in lower atmosphere Lower level Ozone, NO 2 & DPM are directly related to Cancer, breathing difficulty & aggravation of lung infections - NIH Ozone & NOx = http://www.ncbi.nlm.nih.gov/pubmed/7489804 DPM = http://www.ncbi.nlm.nih.gov/pubmed/22126432 Partnering for Sustainability DPM = carcinogenic – see International Agency for Research of CancerInternational Agency for Research of Cancer

6. Page 6 MARKET MOVES FASTER THAN INDUSTRY CAN REGULATE 35+ Charterers factor in energy efficiency —2+ billion tons of cargo —20+% of global shipments —25,000 vessel movement per year 7 ship owners publicly endorse GHG emissions rating Financial Institutions —ABN Amro, HSH Nordbank, KfW —Factor vessels’ energy efficiency into underwriting process Ports incentive programs —Environmental ratings basis for port fee discounts —PMV Vancouver, Port Prince Rupert Partnering for Sustainability 5 ~ 8 % savings of the Gross Freight Bill!

7. Page 7 A REPUTED INTERNATIONAL FLAG Apr 2014 – Mar 2015 A Rated VesselsG Rated Vessels Full Flag’s FleetGlobal Fleet Vessels82252,63873,874 Inspections128505,74475,232 Detentions01642,121 Deficiencies74988,189172,401 Inspections with Deficiencies31232,43539,702 Deficiencies per Inspection 0.58 1.961.432.29 % Inspections with Deficiencies 24.22% 46.00%42.39%52.77% % Inspections with Detentions 0% 2.00%1.11%2.82% Partnering for Sustainability

8. Page 8 CONTEXT OF MARITIME EMISSIONS Emissions (Gigatons CO 2 ) Data Sources: Third IMO GHG Study (2014), World Bank 2011 Partnering for Sustainability

9. Page 9 REDUCING SHIPPING’S GHG EMISSIONS REQUIRES A COLLABORATIVE APPROACH Partnering for Sustainable Ports

10. Page 10 “Transforming the Global Maritime Transport Industry towards a Low Carbon Future through Improved Energy Efficiency” The Global Maritime Energy Efficiency Partnerships Project (GloMEEP), which aims to support increased uptake and implementation of energy-efficiency measures for shipping... Mr. Koji Sekimizu....promote energy efficiency and the reduction of CO 2 emissions from ships. Partnering for Sustainability

11. Page 11 RightShip - Partnering for Sustainability “It seems clear to me also that climate change is a problem which can no longer be left to a future generation. When it comes to the care of our common home, we are living at a critical moment of history,” the pope said at a welcoming ceremony.

12. Page 12 RightShip - Partnering for Sustainability "We support your call to all world leaders to support..... and to come together to preserve our precious world for future generations." http://www.reuters.com/article/2015/09/24/us-pope-usa-obama- idUSKCN0RN1IP20150924?mod=related&channelName=domesticNews

13. Page 13 Accelerate industry sustainability by ports, terminals, charterers & owners working together Opportunity to incentivize energy efficiency Environmentally Efficient Ship is a Sustainable Ship! Partnering for Sustainability “Eco Vessels = Healthy / Profitable / Safer Vessels = Lower Risk”

14. Page 14 THANK YOU! Email : environment@rightship.com