We believe that our potential for continued success and further growth is due primarily to the following competitive strengths:

1. Low financial risk achieved by limited borrowing in the acquisition of vessels.
2. Experienced management team with established track record and reputation.
3. Strong customer relationships and a reputation for providing high quality service.
4. A fleet of vessels of various sizes to accommodate customers’ requirements with flexibility and efficiency.
5. Significant market presence in the Asia Pacific region.
6. Strong relationships with service providers and suppliers.
7. Lean and low cost operations.
8. Growth opportunities in the region.