1. The Factors affecting Chemical Tanker Owners Chemical Markets & Freight Situation & Market Outlook Chemical Fleet Situation & Orderbooks, Deliveries and Estimated Vessel Outphasing Market Prospects Suggestions & New Investment Areas Turkish Chemical Tanker Owners Situation Marine Money Forum – Istanbul / May 2011

2. Chemical Markets & Freight Situation & Market Outlook Marine Money Forum – Istanbul / May 2011

3. Main Trade Routes - Chemicals

4. Freight Rate Development – St.Steel Grade Chemicals

5. Freight Rate Development – Easy Grade Chemicals

6. Market Development CPP

7. Market Prospects Marine Money Forum – Istanbul / May 2011

8. Energy Demand to 2030

9. Refined Product Demand Growth by Region

10. Basic Chemicals & Plastics Capacity Global Demand Recovery Impressive

11. Growing Demand from New Frontiers (Oil Resources)

12. Biofuels

13. Chemical Fleet Situation & Orderbooks, Deliveries and Estimated Vessel Outphasing Marine Money Forum – Istanbul / May 2011

14. Chemical Tanker Fleet Development

15. Stainless Steel Fleet 3-12.000dwt – order book 4%

16. The Factors affecting Chemical Tanker Owners Marine Money Forum – Istanbul / May 2011

17. Chemical Tanker Factors Oil Majors & SIRE Vettings Piracy CDI Classification Companies Flag State Rules Port State Inspections IMO TMSA TOT’s ISO 14001 ISPS Code ISO 9001 KPI’s Environment Policies CO2 Emissions OHSAS 18001 Nox Emissions High Quality Officers Difficulty High Fuel Oil Prices Economic (Freight) Crisis Oil Spills Rebellion in North Africa and Middle East Japan Earthquake Iran UN Embargo Geopolitical Uncertain in Iraq Financial Repayments Energy Management

18. Public Rebellion in North Africa and Middle East

19. Rebellion Chart

20. Economic Cost of Piracy

21. Turkish Chemical Tanker Owners Situation Marine Money Forum – Istanbul / May 2011

22. Suggestions & New Investment Areas Marine Money Forum – Istanbul / May 2011