1. Schulte M arine
N e w b u i l d i n g t r a c k r e c o r d Conc ept
Newbuilding track record
March 2016

2. N e w b u i l d i n g T r a c k R e c o r d
1. GENERAL SUMMARY
VESSEL TYPES
No. Vessel Type Completed Project Current Project
1. Container 143 vessels 12 vessels
2. Con-ro 8 vessels
3. MPV 14 vessels
4. Bulk Carrier
VLOC
49 vessels
14 vessels
31 vessels
10 vessels
5. VLOC Conversion 6 vessels
6. Self-unloading Vessel 4 vessels
7. Heavy Lift Vessel 2 vessels
8. Crude Oil Tanker 3 vessels
9. Chemical/ Product tanker 59 vessels 20 vessels
10. LNG Carrier 6 vessels 1 vessel
11. LEG Carrier 19 vessels 3 vessels
12. LPG Carrier/NH3 20 vessels 4 vessels
13. OSV/PSV/ AHT/ Wind Farm Maintenance
Vessel
9 vessels 2 vessels
14. Maintenance Vessel 2 vessels
15. Floating Offshore Transshipping Platform 1 unit
16. Pipe Laying Barge 1 unit
17. Offshore Accommodation Vessel 2 units
18. Floating Dry Dock 1 unit
subtotal: 360 vessels 86 vessels
Total: 446 vessels

3. N e w b u i l d i n g T r a c k R e c o r d
2. SHIPYARD EXPERIENCE
SHIPYARDS in CHINA
1. Chengxi Shipyard, Jiangyin bulk carrier
2. Dalian Shipyard, Liaoning product tanker, bulk carrier
3. Dayang Shipbuilding, Yangzhou, Jiangsu LPG carrier, bulk carrier
4.
Guangzhou Shipyard International,
Guangdong
product tanker, VLOC
5. Hantong Heavy Industries, Jiangsu SUS chemical tanker
6. HuarunDadong Dockyard, Shanghai conversion VLCC-VLOC
7. Huatai Heavy Industry, Nantong, Jiangsu bulk carrier
8. Jiang Hai Shipyard, Zhejiang multi-purpose vessel
9. Jiangnan Shipyard, Shanghai LPG, LEG, container, bulk carrier
10. Jiangzhou Union Shipyard, Jiangxi con-ro, chemical tanker IMO II & III
11. Jinling Shipyard, Nanjing, Jiangsu bulk carrier
12. Nanjing Dongze Shipyard, Jiangsu container
13.
Nantong COSCO KHI Ship Engineering.
(NACKS) Jiangsu
bulk carrier
14.
New Times/ New Century Shipyard,
Jiangsu
bulk carrier
15. Nantong Tongde, Jiangsu pipe laying barge
16. Taizhou Kou An Shipyard, Jiangsu bulk carrier
17. Tsuneishi Shipyard, Zhejiang bulk carrier
18. Rongsheng Heavy Industry, Jiangsu VLOC
19. Qingdao Beihai Shipyard, Shandong bulk carrier, VLOC, FDD
20. Sainty Marine, Jiangsu
bulk carrier, container, chemical
tanker
21. Shanghai Shipyard, Shanghai container
22.
Shanghai Waigaoqiao Shipbuilding,
Shanghai
bulk carrier

4. N e w b u i l d i n g T r a c k R e c o r d
23.
Sinopacific Offshore & Engineering,
Jiangsu
LPG carrier
24. Wenchong Shipyard, Guangdong container
25. Yangzijiang Shipyard, Jiangsu container, bulk carrier, VLOC
26. Yang Fan Shipyard, Zhoushan container
27. Yangzhou Kejin Shipyard, Zhejiang LEG cargo tank
28. Zhejiang Ouhua Shipbuilding Co., Ltd container
29. Zhejiang Peninsula Shipyard, Zhejiang chemical tanker IMO II
30. Zhejiang Zengzhou Shipbuilding, Zhejiang bulk carrier
SHIPYARDS in KOREA
1.
Daewoo Shipbuilding & Marine
Engineering, OKPO
container, LNG carrier
2. Daehan shipyard, Gurimri crude/product tanker
3. Hyundai Heavy Industries, Gunsan product/ crude tanker
4. Hyundai Heavy Industries, Ulsan
container, LPG/NH3 carrier, product
tanker
5. Hyundai Mipo Dockyard, Ulsan LPG carrier, self-unloading bulker
6. Hyundai Samho Heavy Industries, Mokpo container
7. Samsung Heavy Industries, Geoje oil tanker, LNG carrier
8. STX, Jinhae product tanker, bulker, LEG carrier
9. STX, Busan LEG carrier
10. Sundong Shipyard product/ chemical tanker
11. Yanase, Mokpo
floating offshore transshipping
platform
SHIPYARDS in JAPAN
1. Fukuoka Shipbuilding, Fukuoka heavy lift vessel
2. Japan Marine United Corporation bulk carrier

5. N e w b u i l d i n g T r a c k R e c o r d
3. Koyo Dockyard, Hiroshima crude oil tanker
4. Universal-Ariake/Ariake, Kunamoto crude oil tanker
5. Watanabe Shipbuilding, Nagasaki multi-purpose carrier
6. Sasebo Heavy Industries bulk carrier
7. Sumitomo Heavy Industries bulk carrier
SHIPYARDS in EUROPE
1. Barreras Shipyard, Spain offshore accommodation vessel
2. BrodotrogirTrogir, Ex Yugoslavia crude oil tanker
3. Crist, Poland wind farm maintenance vessel
4. IZAR Sestao/FENE, Spain LNG carrier
5. Navantia Shipyard, Spain offshore accommodation vessel
6. Schiffswerft Neptune, Germany multi-purpose carrier
7. Szczecin Shipyard, Poland container
8. Ulstein, Norway wind farm maintenance vessel
9. Vyborg, USSR multi-purpose carrier
10. Warnowwerft, Germany container
SHIPYARDS – OTHER LOCATIONS
1. Bhrati Shipyard, India
OSV-tug, OSV-wire line support,
PSV
2. Dubai Drydock, UAE OSV-diving support
3. Hanjin Subic, Philippines bulk carriers , containers
4. Italthai Marine, Thailand PSV
5. ISOICO, Bandar Abbas, Iran product tankers

6. N e w b u i l d i n g T r a c k R e c o r d
3. CLIENT LIST
CLIENTS
1. 1 Adani Shipping bulk carrier
2. Andros Maritime Agencies container
3. 2 Aeolos Management container
4. Alterna Capital Partners product tanker
5. Aquavita, Ukraine bulk carrier
6. BAE Systems floating dry dock
7. 3 Bernhard Schulte
MPC, container,
LEG/LPG, bulk
carrier,
crude/chemical/
product tanker
8. Breakwater Capital
chemical/product
tanker
9. Byzantine Maritime Corporation LPG
10. British Marine bulk carrier
11. Cara Shipping bulk carrier, VLOC

7. N e w b u i l d i n g T r a c k R e c o r d
12. Celsius shipping chemical tankers
13. China Pipeline Marine Engineering
derrick type pipe
laying barge
14. Corbita Maritime bulk carrier
15. CSSC (Hong Kong) Shipping container
16. 4 D. Oltman Reederei container
17. 5 Diamond Star Shipping bulk carrier
18. Densa Shipping chemical tanker
19. FMG VLOC
20. Flex LNG LNG
21. 6 Germania Schifffahrtsgesellschaft MPC
22. 7 Halul Offshore Services Company
OSV
PSV
23. 8 Hamburg Sued Group MPC

8. N e w b u i l d i n g T r a c k R e c o r d
24. 9 Herm. Dauelsberg container
25. 1
0
Interlink Maritime Corp bulk carrier
26. 1
1
Intrepid Shipping
chemical/product
tanker
27. 1
2
Kokuka Sangyo chemical tanker
28. 1
3
Latvian Shipping Company LPG
29. 1
4
Leonhard & Blumberg Shipping
Company
MPC
30. 1
5
London Mining FOTP
31. Manta Ship bulk carrier
32. 1
6
Maran Gas Maritime LNG
33. 1
7
Marbulk Algoma Central
Corporation
bulk carrier
34. Mater LNG LNG

9. N e w b u i l d i n g T r a c k R e c o r d
35. MC Shipping bulk carrier
36. 1
8
Motia Compagnia di Navigazione product tanker
37. 1
9
MPC Münchmeyer Petersen
Steamship
container
38. 2
0
Naviera F. TAPIAS LNG
39. 2
1
Navigator Gas LEG
40. 2
2
National Iranian Tanker Company
LPG
product tankers
41. Oaktree Capital Management container
42. Oman Shipping Company chemical tanker
43. 2
3
OPDR Shipping Company con-ro
44. 2
4
Opielok GmbH PSV
45. 2
5
Othello Shipping Company
chemical/product
tanker

10. N e w b u i l d i n g T r a c k R e c o r d
46. 2
6
P&O Nedlloyd Heritage Group container
47. Pacific Shipyards International floating dry dock
48. 2
7
Petredec Limited LPG
49. 2
8
Prime Marine Incorporation
LPG/NH3
product tankers
50. PT. Salam Pacific Indonesia MPV
51. Tribini Capital container
52. Raven Capital Management bulk carrier
53. R.B. Shipping Services VLOC
54. 2
9
Roxana Shipping product tanker
55. 3
0
Scott Shipping International
conversion
container – bulker
56. Sinokor Maritime bulk carrier
57. Scorpio Tankers
chemical/product
tanker

11. N e w b u i l d i n g T r a c k R e c o r d
58. 3
1
Sloman Neptun shipping and
Transport
LEG/LPG
chemical/product
tanker
59. 3
2
Smooth Shipping/ Sainty Marine bulk carrier
60. 3
3
Soon Fong Shipping
bulk carrier
container vessel
61. 3
4
Synergy Marine container
62. 3
5
Tata Power Company bulk carrier
63. 3
6
Thomas Schulte
bulk carrier
container
64. Transocean Maritime Agencies bulk carrier
65. 3
7
Ultragas ApS. LEG, LPG
66. Ultragas, Chile LPG
67. 3
8
Ultramar Agencia Martima crude oil tanker
68. 3
9
Vale
VLOC conversion
VLCC-VLOC

12. N e w b u i l d i n g T r a c k R e c o r d
69. Windea
wind farm service
offshore vessel
70. 4
0
XT group container

13. N e w b u i l d i n g T r a c k R e c o r d
4. COMPLETED PROJECTS
Containers
Vessel Size Country No. of Vessels
< 1,999 TEU
China 16
Germany 4
Poland 8
2,000 - 2,999 TEU
China 9
Korea 33
3,000 - 3,999 TEU
China 8
Korea 6
4,000 - 4,999 TEU Korea 7
5,000 - 5,999 TEU
Korea 16
Philippines 14
6,000 - 6,999 TEU Korea 4
7,000 - 7,999 TEU Korea 5
8,000 - 8,999 TEU Korea 6
9,000 - 9,999 TEU
China 3
Korea 4
Total 143
28
42
14
7
30
4
5
6 7
No. of vessels by size
<= 1,999 TEU >= 2,000 - 2,999 TEU
>= 3,000 - 3,999 TEU >= 4,000 - 4,999 TEU
>= 5,000 - 5,999 TEU >= 6,000 - 6,999 TEU
>= 7,000 - 7,999 TEU >= 8,000 - 8,999 TEU
>= 9,000 - 9,999 TEU
35
82
14
4 8
No. of Vessels by country
China Korea Philippines Germany Poland

14. N e w b u i l d i n g T r a c k R e c o r d
Bulk Carriers / VLOC
Vessel Size Country No. of Vessels
30,000 - 39,999 DWT China 16
50,000 - 59,999 DWT China 8
60,000 - 69,999 DWT China 8
80,000 - 89,999 DWT China 9
100,000 - 199,999 DWT
China 4
Korea 2
Philippines 2
200,000 – 299,999 DWT China 2
400,000 DWT China 12
Total 63
59
2 2
No. of Vessels by country
China Korea Philippines
16
8
8
9
8
2
12
No. of vessels by size
>= 30,000 - 39,999 DWT >= 50,000 - 59,999 DWT
>= 60,000 - 69,999 DWT >= 80,000 - 89,999 DWT
>= 100,000 - 199,999 DWT >= 200,000 – 299,999 DWT
400,000 DWT

15. N e w b u i l d i n g T r a c k R e c o r d
Tankers
Vessel Size Country No. of Vessels
< 10,000 DWT China 6
10,000 – 19,999 DWT
China 15
Korea 4
20,000 – 29,999 DWT China 7
30,000 – 39,999 DWT China 1
40,000 – 49,999 DWT
Korea 3
Yugoslavia 2
50,000 – 59,999 DWT Korea 10
70,000 – 79,999 DWT Korea 8
100,000 – 199,999 DWT
Korea 5
Japan 1
Total 62
6
19
71
5
10
8
6
No. of vessels by size
< 10,000 >= 10,000 – 19,999 DWT
>= 20,000 – 29,999 DWT >= 30,000 – 39,999 DWT
>= 40,000 – 49,999 DWT >= 50,000 – 59,999 DWT
>= 70,000 – 79,999 DWT >= 100,000 – 199,999 DWT
29
30
1 2
No. of vessels by country
China Korea Japan Other

16. N e w b u i l d i n g T r a c k R e c o r d
Gas Carriers
Vessel Size Country No. of Vessels
LPG
10,000 – 19,999 m3 China 3
20,000 – 29,999 m3
China 2
Korea 8
30,000 – 39,999 m3 Korea 7
LEG
< 10,000 m3
China 2
Korea 9
10,000 – 19,999 m3 Korea 3
20,000 – 29,999 m3 China 5
LNG 100,000 – 199,999 m3
Korea 5
Spain 1
Total 45
19
20
6
No. of vessels by type
LEG LPG LNG
12
32
1
No. of vessels by country
China Korea Spain

17. N e w b u i l d i n g T r a c k R e c o r d
Offshore Units
Vessel Type Country No. of Vessels
OSV India 1
Crew Boat Hong Kong 1
AHT India 2
PSV
China 1
India 2
Thailand 2
Floating Offshore
Transshipping Platform
Korea 1
Pipe Laying Barge China 1
Maintenance Vessel China 2
Total 13
Conversion Projects
Vessel Type Country No. of Vessels
Container to Grain
Carrier
Montenegro 1
VLCC to VLOC China 5
Total 6
Others
Vessel Type Country No. of Vessels
Con-ro China 8
MPV
China 4
Japan 4
Germany 2
USSR 4
Self-unloading vessel Korea 4
Heavy Lift Vessel Japan 2
Total 28

18. N e w b u i l d i n g T r a c k R e c o r d
1 8 | P a g e
3. CURRENT PROJECTS
PROJECT STATUS
Ship Type Ship Size
No. of
Vessels
Owner Builder Plan Approval Supervision
Container Vessel 2,339 TEU 4 B. Schulte + JP Morgan Yangfan Group, China in progress in progress
LPG 22.000m3 3 Ultranav, Chile STX Jinhae, Korea n/a in progress
LEG 12.000m3 3
Unigas (B.Schulte, Ultragas,
Sloman-Neptun)
STX Jinhae, Korea in progress in progress
Bulk Carrier 38,000 DWT 5
Interlink Maritime Corp,
Bermuda
Hua Tai Shipyard, China in progress in progress
Bulk Carrier 38,000 DWT 9
Interlink Maritime Corp,
Bermuda
Kou An Shipyard, China in progress in progress
Chemical /Product
Tanker
SUS Tanks
24,000 DWT 14 Celsius Shipping, Monaco Hantong Wing Shipyard, China in progress in progress
Chemical/Product
Tanker
Coated Tanks
50,000 DWT 1 Breakwater Capital, UK Sundong Shipyard, Korea in progress in progress
LPG 38,000 m3 1
Byzantine Maritime Corp,
Greece
Hyundai Mipo Dockyard, Korea in progress in progress
Bulk Carrier 82,000 DWT 0
Transocean Maritime Agency,
Monaco
Jinling Shipyard, China n/a in progress
VLOC 250,000 DWT 2 Cara Shipping, Singapore Qingdao Beihai Shipyard, China in progress in progress
Offshore
Accommodation
Vessel
700 MEN
1
+
1
PMI, Mexico
Navantia
+
Barreras Shipyard, Spain
in progress in progress

19. N e w b u i l d i n g T r a c k R e c o r d
1 9 | P a g e
Bulk Carrier 82,000 DWT 5 R. B. Shipping, UK Sungdong, Korea in progress in progress
VLOC 260,000 DWT 4 FMG, Australia Yangzijiang in progress in progress
VLOC 260,000 DWT 4 FMG, Australia GSI, China in progress Start 1Q 2016
Bulk Carrier 180,000 DWT 1 Cara Shipping, Singapore Dalian Shipyard, China in progress in progress
Bulk Carrier 39,000 DWT 5
Interlink Maritime Corp,
Bermuda
Zengzhou Shipbuilding, China in progress in progress
Chemical Tanker 50,000 DWT 5
Oman Shipping Company,
Oman
Hyuandai Mipo Dockyard, Korea in progress in progress
Container vessel 1,700 TEU 3
CSSC (Hong Kong) Shipping,
China
GWS, China n/a in progress
Bulk Carrier 82,000 DWT 2 R. B. Shipping, UK JMU, Japan in progress in progress
Wind Farm
Maintenance Vessel
SX175 2 B. Schulte, Germany
Ulstein, Norway
Crist, Poland
in progress in progress
Floating Dry Dock 55,000 LT 1 BAE, USA Qingdao Beihai Shipyard, China in progress in progress
Container 2,700 TEU 2 Tribini Capital, Hongkong
Zhejiang Ouhua Shipbuilding Co., Ltd
China
in progress in progress
Bulk Carrier 180,000 DWT 3 Sinokor, Korea
Shanghai Waigaoqiao Shipbuilding,
China
n/a in progress
Bulk Carrier 64,000 DWT 1 Raven, USA Dayang Shipbuilding, China n/a
observer,
in progress
LNG Carrier 174,000 m3 1 NYK/MMS/BS SHI, Korea in progress Start 2Q 2016
Container 900 TEU 3 Soon Fong Shipping, Singapore Nanjing Dongze, China in progress in progress
LEG cargo tanks 12.000m3 3
Unigas (B.Schulte, Ultragas,
Sloman-Neptun)
Kejin, China n/a in progress
86