ABOUT. Our goal is to improve and make even wider the Company's services list, obtaining more and yet more professional and functional solutions.

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ABOUT Being established in 1999, Tallship Ltd was introduced as a Company providing full range of shipping and logistics services by all means of sea, land and air transport. Tallship Ltd team consists of well-trained, professionally educated to highest degree level personnel and holds vast experience within chartering, logistics and ship agency. We are able to provide prompt, customer-oriented services aiming to reach full optimisation of transportation costs. Our goal is to improve and make even wider the Company's services list, obtaining more and yet more professional and functional solutions. The main advantage within our performance is constant development and appliance of innovative concepts and also taking reasonable effect of combining both classical and outof-the-box methods when delivering service to our Clients. 2

HEAVYLIFT AND OVERSIZED TRANSPORT We offer a complex solution for delivery of heavylift, oversized and project cargoes from production sites to place of destination by all means of transport, as trucking, railway, maritime and aviation. We arrange delivery of any project cargo at the optimal time and at affordable prices. Tallship team has gained a lot of experience in arranging shipments of project cargoes and equipment to our Clients within mining, metallurgical, forestry, oil and energy industries by rendering its services to various engineering and forwarding companies. Due to close partner relations with leading maritime, stevedoring and insurance companies, we can always offer to our Clients best solution package for their cargoes in terms and combination of time, safety and delivery cost. Tallship Ltd offers the following services: Project and heavylift cargoes chartering Our team will arrange proper and correct loading of cargo on board a chartered vessel, railcar, container and ensure strictly accurate securing according to rules, regulations and terms Packaging arrangements for steel constructions and equipment Calculation and development of securing arrangements and schemes Complying and arranging of customs and railway documentation Customs formalities as in relation with cargo in question Cargo insurance Cargo safety and security control/monitoring during all stages of transportation 3

LOGISTICS Tallship Ltd. Logistics department is constantly engaged in worldwide deliveries of its Clients' cargoes by any combination of road, railway, sea and air transport means. We provide following usual services however always ready to do something more in order to achieve exact result according to Clients' needs: Railway transportation (loading of various cargoes in railway vehicles, development of loading and stowage plans with subsequent implementation of approved projects for lashing of cargoes in wagons, payment of railway fares and other related services.) Containers transportation by sea, railway or by road transports. Project cargo forwarding. Road transportation. Port forwarding. Warehousing. Refrigerated cargo delivery. Air transportation. Groupage cargo. Customs clearance. Sale of containers. 4

SEA TRANSPORT Making use of our both accumulated experience (best practices) and wide network of ship owners in different parts of the world, we are active in shipment of such bulk and generals cargoes as: fertilizers, coal, peat moss, sulphur, wood pellets, grains, steel scrap, steel products, sawn timber, and project equipment. Our chartering department consists of two divisions - deep sea desk and coasters desk. Within deep sea desk we are covering worldwide trade for handyhandymax-panamax size of shipments. Within coasters desk our brokers are well known and experienced in Baltic, Northern, Mediterranean, Black Sea regions and the Far East concentrating on 2000-10000 mt size of shipments. Our Clients are provided with independent research on current market freight levels, market forecasts and development tendency. We keep under control every and each voyage performance, estimate laytime, monitor and schedule of all payments due and ensure all shipments are being effected with best possible commercial result including timely and safe delivery of Clients cargo to the place of destination. We, as Tallship Chartering team, proved ourselves as the responsible, experienced and competitive partner. Our priorities are long-lasting cooperation for mutual bene t and well-timed satisfaction of our Clients' needs. Port Agency Tallship Ltd offers round a clock ship agency services to vessels calling at all Estonian ports and also at the port of Kotka, Finland. 5

SEA TOWAGE Our Company renders towage services of any complexity. Being part of Chartering department responsibilities our towage services embrace but not limited to heavy-lift and project cargo shipments. We can offer barge of proper type and cargo capacity in tandem with tug for arranging of project cargo delivery. We can arrange towage of oating object using tug of appropriate power and bollard pull. We will draft and develop all required documentation, as well as stowage and securing plan for the cargo to be shipped on selected barge. Our team will directly ensure proper securing of the cargo is arranged according to all rules, regulations, standards, instructions and recommendations of producer, receiver, carrier and insurers. We offer services for transportation of large-scale shipments of bulk and general cargoes by means of tug and barge towing arrangements. 6

Headquarters TALLSHIP OÜ Lastekodu 43, Tallinn 10144, Estonia Tel.: +3 726 27 35 67 Fax: +3 726 27 35 31 E-mail: logistics@tallship.ee www.tallship-cargo.com Subsidiary companies ALANDIA TRANSPORT LTD BC Portal, ul. Bumazhnaya 16, Korp. 1. Liter A, room 421, 190020, St. Petersburg, Russia Tel.: +7 812 449 82 79 Fax: +7 812 449 82 97 Presnenskaya embankment, 12, "Moscow City", Tower "Federation West", 45 oor, of ce number 82, 123100, Moscow, Russia Tel.: +7 495 241 12 79 E-mail: alandia-transport@alandia-transport.ru www.alandia-transport.ru OY FERTALL MARITIME LTD Jauhetie 20, 48310 Kotka, Finland Tel.: + 358 (0) 522 68 152 Fax: + 358 (0) 522 68 153 E-mail: agency@fertall.com www.fertall.com