COMPANY PRESENTATION COMPANY INTRODUCTION Newport Shipping UK LLP - - PowerPoint PPT Presentation

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COMPANY PRESENTATION COMPANY INTRODUCTION Newport Shipping UK LLP - - PowerPoint PPT Presentation

COMPANY PRESENTATION COMPANY INTRODUCTION Newport Shipping UK LLP (Newport or the Company) was established in the UK in 2011 with vessel management, design, construction and repair experience dating back to the 1960s The


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COMPANY PRESENTATION

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▪ Newport Shipping UK LLP (“Newport” or the “Company”) was established in the UK in 2011 with vessel management, design, construction and repair experience dating back to the 1960s ▪ The Company provides dry-docking, retrofit and financing services with a low carbon focus in 12 yards with 28 docks capable of handling approximately 2,100 repairs annually of all vessel classes and sizes ▪ Dry-docking business has a steady flow given all vessels require ongoing maintenance every 2.5 years and 5 years in addition to adhoc repairs required to sail ▪ Retrofitting business is benefiting and will continue to do so from the IMO ambition for a zero-emissions shipping industry as all existing and ordered vessels need to comply with stricter environmental regulations

COMPANY INTRODUCTION

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1971

Newport founding members’ establishment of the initial shipyard

2013

Established subsidiary Ecoships Gemi Isletmeciligi AS which managed 4 bulkers and 4 small chemical tankers Full technical and commercial management of shipyard in Turkey with more than 600 repair and conversion projects delivered

2018

Global offices in Istanbul, Athens, London, New York, Singapore, Shanghai & Oslo. Corporate agreements with 8 shipyards in China, Singapore & Indonesia signed, as well as cooperation agreements with market leading engineering company Goltens

2011

Newport Shipping UK LLP established

2016

Global expansion of ship repair and conversion businesses additional offices opened in main shipping hubs

2019

Additional cooperation agreements signed with scrubber manufacturer; Clean Marine and Middle East shipyards. Deal pipeline grew significantly as IMO 2020 looms

COMPANY TIMELINE

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LONDON

FINANCE RISK MANAGEMENT MARKETING & SALES INVESTOR RELATIONS

ATHENS

SHIPYARD TECHNICAL & ENGINEERING MARKETING INVESTOR RELATIONS MARKETING & SALES INVESTOR RELATIONS

ISTANBUL NEW YORK OSLO SHANGHAI SINGAPORE

GLOBAL OFFICES

MARKETING & SALES TECHNICAL & ENGINEERNG MARKETING & SALES TECHNICAL ENGINEERING SHIPYARDS INVESTOR RELATIONS MARKETING & SALES TECHNICAL ENGINEERING SHIPYARDS

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  • 12 shipyards with 28 docks capable of

handling 2,100 repairs annually

  • 40+ years experience handling vessel

design, construction and repair

  • Strategically positioned within the lower cost

regions in the Atlantic and Pacific zones

  • State-of-the-art yards capable of handling all

vessel classes and sizes

  • Turnkey solutions for conversion and

retrofitting of EGCS/BWTS/LNG/ESS

  • Comprehensive works: equipment

procurement, 3D scanning, class and detailed engineering and retrofit works at shipyard or with riding squad

  • Guaranteed retrofit slot availability at partner

shipyards at the Atlantic and the Pacific

  • Favourable equipment lead time for owners

from order to delivery at the shipyard

  • 'Pay as you Earn' payment scheme that

minimizes cash outlay for shipowners

  • 'All in One' invoicing to include cost for

equipment, spare parts, painting, etc.

  • Up to 60% of total expense deferred over up

to 5-7 years after vessel redelivery

  • Immediate earnings uplift for shipowners

through subsequent vessel operations

  • No requirement for collateral or mortgage

which frees up working capital for owners

BUSINESS OVERVIEW

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DRYDOCKING RETROFIT EXTENDED REPAYMENT TERMS

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DRYDOCKING PROCEDURE

RECEIPT OF TECHNICAL REPAIR SPECIFICATION BY THE SHIPOWNERS AGREEMENT WITH THE CLIENT PRELIMINARY BOOKING CONFIRMATION TECHNICAL PARTS ORDERS VESSEL’S ARRIVAL TO THE SHIPYARD VESSEL DELIVERY

With our qualified team globally, we can work on the specifications with quick response time. Contract will be signed with the shipowners according to their technical specifications. All technical parts can be ordered and delivered to the shipyard before the vessel’s arrival. Priority will be given at all our partner shipyards. After arrival, the ship repair plan will be submitted and vessel will be delivered per contract time. Vessel redelivery will take place upon signing of the Payment Guarantee Letter. A preliminary booking can be made for securing the estimated docking space and date. If the position of the vessel changes we can offer slots through

  • ther shipyards within our network with identical contract terms.

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2050-2100 2030-2050 2020-2030

2020 Sulphur cap Up to 20% reduction in carbon intensity of the ship

IMO AMBITION FOR ZERO EMISSIONS FROM THE SHIPPING INDUSTRY

The International Maritime Organization (IMO), through its marine pollution protocol (MARPOL), is seeking convergence to zero

  • emissions. This has been adopted by member states to address pollution in the oceans but is increasingly being used as an expanding

regulation to encompass emissions reduction measures to the atmosphere. MARPOL Annex VI also requires reductions in NOx (nitrogen oxide) emissions worldwide. Limits vary according to engine size, type and power. Current limits worldwide are based on a tiered system which has been tightening limits since 2011 and follows closely the direction taken by the land transport industry. Mid-term measures to reduce carbon intensity of the fleet by at least 40% Long-term measures to reduce carbon intensity of the fleet by at least 70% At least 50% reduction of total annual GHG emissions (requires approximately 85% CO2 reduction per ship)

ZERO EMISSIONS ASAP WITHIN THIS CENTURY

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NEWPORT EXECUTION FOR RETROFIT PROJECT

CONTRACT EFFECTIVE SUBMISSION OF DESIGN DRAWING TO CLASS SOCIETY CLASS APPROVAL OF DESIGN DRAWING DELIVERY OF RETROFIT SYSTEM REDELIVERY OF VESSEL POST-DELIVERY WARRANTY

  • Turnkey solutions: equipment procurement, 3D scanning, class and detailed

engineering and retrofitting

  • Guaranteed shipyard slot within Newport’s network of shipyards in the Atlantic and

the Pacific

  • Competitive lead-time upon receipt of the contractual down-payment
  • In-house on-site engineering & commercial team with reputable service partners
  • All contracts based on English Law

EXTENDED PAYMENT TERMS FREES UP WORKING CAPITAL WITHOUT THE NEED FOR COLLATERAL, BANK GUARANTEE, LETTER OF CREDIT or PERSONAL GUARANTEE 8

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YARD NETWORK

  • Newport has secured cooperation

agreements with individual shipyards to form a global network of strategically positioned shipyard facilities

  • 12 yards with 28 docks capable of

handling approximately 2,100 repairs annually for all vessel classes and sizes

YARD NETWORK

  • 1. CICEK SHIPYARD, TURKEY
  • 2. ASRY (Arab Shipbuilding & Repair Yard), BAHRAIN
  • 3. OMAN DRYDOCKS COMPANY, OMAN
  • 4. CSIC TIANJIN XINGANG, CHINA
  • 5. CSSC GUANGZHOU WENCHONG, CHINA
  • 6. ZHOUSHAN LONGSHAN SHIPYARD, CHINA
  • 7. ZHOUSHAN HUAFENG SHIPYARD, CHINA
  • 8. FUJIAN HUADONG SHIPYARD, CHINA
  • 9. PAXOCEAN ZHOUSHAN, CHINA
  • 10. PAXOCEAN SINGAPORE
  • 11. PAXOCEAN PERTAMA, INDONESIA
  • 12. YEOSU OCEAN SHIP REPAIR DOCKYARD, KOREA
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YARD FACILITIES

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Yard Name Dock Size Wharfage Total

CICEK SHIPYARD Drydock 215m x 37.5m x 5.75m 410m PAXOCEAN SINGAPORE Floating Dock #1 Floating Dock #2 Floating Dock #3 122m x 22.8m 195m x 34.7m 187m x 36.5m 900m PAXOCEAN PERTAMA Floating Dock #1 Floating Dock #2 Floating Dock #3 186m x 36.4m 235m x 40m 300m x 59m 2,400m PAXOCEAN ZHOUSHAN Drydock #1 Drydock #2 400m x 106m x 13.7m 380m x 80m x 13.7m 576m CSIC TIANJIN XINGANG Drydock #1 Drydock #2 520m x 120m x 13.3m 440m x 80m x 13.3m 3,200m CSSC WENCHONG Drydock #1 Drydock #2 360m x 65m x 13.3m 431m x 74m x 13.3m 2,000m FUJIAN HUADONG Drydock #1 Drydock #2 Drydock #3 295m x 50m x 14.4m 375m x 72m x 14.9m 245m x 42m x 13.9m 1,300m ZHOUSHAN LONGSHAN Drydock #1 Drydock #2 235m x 40m x 6.5m 310m x 55m x 8.5m 900m HUAFENG SHIPYARD Drydock #1 Drydock #2 425m x 68m x 14.5m 275m x 45m x 13.5m 1,520m ASRY (Arab Shipbuilding & Repair Yard) Drydock #1 Floating Dock #1 Floating Dock #2 375m x 75m x 8.5m 252m x 44m 227m x 40m 1,380m OMAN DRYDOCK COMPANY Drydock #1 Drydock #2 410m x 95m x 14.5m 410m x 80m x 14.5m 2,800m YEOSU OCEAN SHIP REPAIR DOCKYARD Floating Dock #1 Floating Dock #2 Floating Dock #3 230m x 48m x 9m 155m x 25m x 7.5m 129.4m x 23m x 6m 350m

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RECENT TRACK RECORD

Over 900 drydocking projects completed to date

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NO NAME TYPE YEAR DWT COMPANY 1 ASPENDOS SEAWAYS RoRo Ro-Ro Cargo 2020 11,636 DFDS DENIZCILIK VE TASIMACILIK 2 MV MSC SHIRLEY CONTAINER SHIP 2019 29,840 CONBULK SHIPPING SA 3 MV MSC RHIANNON CONTAINER SHIP 2019 29,840 CONBULK SHIPPING SA 4 MV BUDVA BULK CARRIER 2019 35,000 BARSKA PLOVIDBA AD 5 MV KIRAN ASYA Bulk Carrier 2019 66,832 PASIFIK GEMI ISLETMECILIGI 6 MT Emerald OIL PRODUCTS TANKER 2019 47,302 SOCOMAR SRL 7 SINGLE EAGLE (Ro Ro) VEHICLES CARRIER 2019 3,845 RANA MARITIME SERVICES SA 8 MV OKEE ALICIA CONTAINER SHIP 2019 23,419 OKEE MARITIME GMBH 9 MV BAR BULK CARRIER 2019 35,000 BARSKA PLOVIDBA AD 10 M/V VOLZHSKIY 47 GENERAL CARGO 2019 5,017 NORTH-WESTERN FLEET 11 M/V PAVLOVSK GENERAL CARGO 2019 5,375 LINTER LLC 12 MV SEDEF CONTAINER SHIP 2019 12,485 TURKON KONTEYNER TASIMACILIK 13 MT KIBAZ OIL PRODUCTS TANKER 2019 47,094 KIBAZ SHIPPING LP 14 MT OCEAN VENTURE Chemical / Oil Tanker 2019 49,995 OCEANGOLD TANKERS INC 15 MT FALESIA Chemical / Oil Tanker 2019 5,213 ELBANA DI NAVIGAZIONE SPA 16 MV SORMOVSKIY-48 General Cargo 2019 3,346 IS-BIR Shipping 17 MT ARDMORE CHINOOK Chemical / Oil Tanker 2019 25,233 ARDMORE SHIPPING BERMUDA LTD 18 MV WUHU Bulk Carrier 2019 39,182 CHINA NAVIGATION CO PTE LTD 19 MV WUCHOW Bulk Carrier 2019 39,090 CHINA NAVIGATION CO PTE LTD 20 MV OYSTER Container Ship 2018 9,503 NET DENIZCILIK TEKNIK HIZMET 21 PANTHER Container Ship 2018 33,439 Element Shipmanagement SA 22 LEON HERMES Chemical / Oil Tanker 2018 40,165 Leon Shipping & Trading SA 23 LONE STAR Bulk Carrier 2018 35,000 WALLEM SHIPMANAGEMENT LTD 24 AVRA 1 Bulk Carrier 2018 56,698 PALOMA SHIPPING CORP 25 MT MAERSK REMLIN Chemical / Oil Tanker 2018 34,530 V. SHIPS (GERMANY) GMBH 26 MOLESON Bulk Carrier 2018 34,266 SUISSE-ATLANTIQUE SOC. DE NAVIGATION MARITIME S.A 27 MT LEFKARA Chemical / Oil Tanker 2018 49,996 WORLD TANKERS MANAGEMENT PTE LTD, 28 SAFFET ULUSOY Container Ship 2018 9,481 UN RORO ISLETMELERI A.S. 29 UND EGE Ro-Ro Cargo Ship 2018 9,865 UN RORO ISLETMELERI A.S. 30 IBRAHIM DEDE Container Ship 2018 26,811 KALKAVAN SHIPMANAGEMENT & CO 31 PEGASUS ACE Ro-Ro Cargo Ship 2018 14,348 MOL SHIP MANAGEMENT CO., LTD 32 MT ZEFYROS Chemical / Oil Tanker 2018 50,155 BERNHARD SCHULTE SHIPMANAGEMENT 33 BALTIC CAPTAIN I Chemical / Oil Tanker 2018 37,339 COLUMBIA SHIPMANAGEMENT 34 LEYLA KALKAVAN Container Ship 2018 12,123 KALKAVAN SHIPMANAGEMENT & CO 35 EKATERINA Bulk Carrier 2018 26,375 KOMA SHIPPING SERVICE LTD 36 TAOKAS WISDOM Bulk Carrier 2018 31,943 WISDOM MARINE GROUP, 37 TANAIS Bulk Carrier 2018 7,078 DON RIVER SHIPPING JSC 38 MT SEA RIDER Chemical / Oil Tanker 2018 35,775 SEAWORLD MANAGEMENT & TRADING INC 39 MSC ESHA Container Ship 2018 12,854 MEDITERRANEAN SHIPPING CO SA (MSC) 40 GIOVANNI DP Chemical / Oil Tanker 2018 16,882 MARITIME PERFORMANCES BV 41 MUKADDES KALKAVAN Container Ship 2018 26,811 KALKAVAN SHIPMANAGEMENT & CO 42 MV CAFER DEDE Container Ship 2018 26,811 KALKAVAN SHIPMANAGEMENT & CO

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GLOBAL PARTNERS

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OFFICE CONTACT ADDRESS Athens Stavros Leousis (O): +30 210 220 9199 (M): +30 695 547 7720 (E): stavros.lousis@newportshipping.com Nezer Christoforou 21 str. Glyfada, 16674 Athens Greece Istanbul Emre Cesim (O): +90 216 290 77 10 (M): +90 533 279 03 94 (E): emre.cesim@newportshipping.com FSM Mh Poligon Cd. Buyaka 2Sitesi 1 Blk.Kat: 11 Umraniye Istanbul Turkey London Wayne Stalley (O): +44 207 099 5252 (M): +44 (0) 7826 924 266 (E): wayne.stalley@newportshipping.com 8-9 Northumberland Street London WC2N 5DA United Kingdom New York (O): +1 646 380 6626 (E): newyork@newportshipping.com 1140 Avenue of the Americas 9th Floor, New York, NY 10036 USA Oslo Lianghui Xia (M): +47 9950 6658 (E): lianghui.xia@newportshipping.com 2nd Floor, Filipstad Brygge 1, 0252 Oslo Postboks 1433 Vika, 0115 Oslo Norway Shanghai Honggang Li (O): +86 21 2043 2288 (M): +86 180 1868 8383 (E): Honggang.li@newportshipping.com Room 602, Wanjia Mansion, No.377, Jingao Road, Pudong Shanghai, China Singapore Esmond Leong (O): +65 6208 8861 (M): +65 9168 8899 (E): esmond.ljk@newportshipping.com 1 Harbourfront Avenue #13-03 Keppel Bay Tower S(098632) Singapore

CONTACT US