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OWNER OPERATOR COUNTRY SO SHIPYARD COUNTRY SB TYPE SUBTYPE No TEU DWT

SANKO STEAMSHIP JAPAN KVAERNER KLEVEN AS NORWAY AHTS — 1 — 2,900 5/99 24

CHINA NAT CEREALS CHINA OSHIMA SHIPBUILDING JAPAN BULK CARRIER — 1 — 30,000 1999

CHINA NAT CEREALS CHINA OSHIMA SHIPBUILDING JAPAN BULK CARRIER — 4 — 74,000 1999

CHINA STEEL CHINA CHINA SHIPB. CORP. TAIWAN BULK CARRIER — 1 — 154,550 1998

COSCO CHINA HUDONG SHIPYARD CHINA BULK CARRIER — 2 — 27,000 — 1998 37

MITSUBISHI JAPAN NAMURA ZOSENSHO JAPAN BULK CARRIER 1 70,850 1998

NORTHERN SHIPPING RUSSIA SLOVENSKE SLOVAKIA BULK CARRIER — 6 — 3,700 —

NYK LINE JAPAN HAKODATE DOCK JAPAN BULK CARRIER — 1 — 31,800 — 1998 21

PAPADAKIS INTERESTS GREECE MITSUI JAPAN BULK CARRIER — 1 — 75,000 — 1999 28

SUISSE-ATLANTIQUE SWITZERLAND BOHAI SHIPYARD CHINA BULK CARRIER — 2 — 28,000 — — —

TOP GLORY HONG KONG OSHIMA SHIPBUILDING JAPAN BULK CARRIER 4 74,000 HHI 98/99

TOP GLORY HONG KONG OSHIMA SHIPBUILDING JAPAN BULK CARRIER — 1 — 47,000 1998 20

LOUIS-DREYFUS FRANCE DAEWOO KOREA BULK CARRIER CAPESIZE 2 — 98,000 8/99

TAI CHONG CHEANG STEAMSHIP HONG KONG HALLA KOREA BULK CARRIER CAPESIZE 2 — 170,000 — 1999 87

PAN OCEAN SHIPPING KOREA HYUNDAI KOREA BULK CARRIER COAL 1 — 135,000 — 1999 —

ALASSIA STEAMSHIP GREECE SAMSUNG KOREA BULK CARRIER PANAMAX 2 73,000 99/2000 54.6

CHINA NAT CEREALS CHINA HALLA KOREA BULK CARRIER PANAMAX 4 — 74,000 —

ORIX JAPAN SASEBO JAPAN BULK CARRIER PANAMAX 1 — 72,000 — 1998 27

SUISSE-ATLANTIQUE SWITZERLAND CHINA SHIPB. CORP. TAIWAN BULK CARRIER PANAMAX 2 — — — — 56

NYK LINE JAPAN IMABARI SHIPBUILDING JAPAN CAR/TRUCK CARRIER — 1 — — — 1/99 —

NYK LINE JAPAN SHIN KURUSHIMA JAPAN CAR/TRUCK CARRIER — 1 — 12/98

JAN ERIK DYVIA/S NORWAY ULIANIK CROATIA CAR CARRIER — 2 — 12,500 — 1999 72

NYK LINE JAPAN IMABARI SHIPBUILDING JAPAN CAR CARRIER — 1 — — — 1/99 50

NYK LINE JAPAN SHIN KURUSHIMA JAPAN CAR CARRIER — 1 — — — 12/98 45

UGLAND INTERNATIONAL U.K. TSUNEISHI JAPAN CAR CARRIER — 1 — — 58,600 — 59

UGLAND INTERNATIONAL U.K. TSUNEISHI JAPAN CAR CARRIER 1 59

SIMONSEN & SUNG NORWAY ABG SHIPYARD INDIA CARRIER — 2 — 5,000 — 1998 34.3

VINALMAR SWITZERLAND YSSELWERF NETHERLANDS CHEMICAL TANKER — 1 — 10,000 — 1998 31

PROGRESS DENMARK NORDSOVAERFTET DENMARK CHEMICAL TANKER STAINLESS-STEEL 4 — 6,000 — —

IVER SHIP NORWAY HALLA KOREA CHEMICAL/ OIL — 4 — 46,000 — 1999 142

ULTRAGAS CHILE SPLIT CROATIA CHEMICAL/OIL — 1 — 45,000 — 1999 —

MATTHIAS DETJEN CYPRUS HALLA KOREA CONTAINER — 2 3,500 — — 1998

MITSUI & CO. JAPAN IMABARI SHIPBUILDING JAPAN CONTAINER — 1 1,560 1998

OOCL HONG KONG DAEWOO KOREA CONTAINER — 1 1,800 — — 1998 —

EURONAV LUXEMBOURG DAEWOO KOREA CRUDE OIL TANKER — 2 — 300,000 — 1999 170

RCI U.S. KVAERNERMASA FINLAND CRUISE _ 1 133,000 2001 500

SOUTH COAST SHIPPING U.K. MERWEDE SHIPYARD GERMANY DREDGER HOPPER SUCTION 1 — 9,130 — 1998 —

DEME BELGIUM IHC HOLLAND NETHERLANDS DREDGER SUCTION 1 — — — 90

PENTA-OCEAN CONSTRUCTION CO. JAPAN IHC CALAND NV NETHERLANDS DREDGER SUCTION 1 — — 1999 103

CONOCO U.S. SAMSUNG KOREA DRILLSHIP — 1 — — — 1999 —

EXPRESS FERRIES — KVAERNER FJELLSTRAND NORWAY FERRY CATAMARAN 2 — — — 1999 50

CHILEAN INTERESTS CHILE ASMAR CHILE FISHING — 1 — — 1997

LIQUID GAS SHIPPING U.K. HYUNDAI KOREA GAS CARRIER — 2 — 6,300 1999 40

CARBOFIN ITALY FINCANTIERI ITALY LPG — 1 — 17,400 — 1999

EXMAR BELGIUM KANREI SHIPBUILDING JAPAN LPG — 2 — 3,800 — 98/99 25 40 (CONTINUED ON PAGE 96) Maritime Reporter/Engineering News