OVERVIEW. Giken Ocean Tankers Limited is a member of Indegenous Shipowners of Nigeria (ISAN) page 1

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2 OVERVIEW Giken Ocean Tankers Limited was incorporated in 2003 to carry out the business of shipping within Nigerian Coastal waters and the West African Coast generally. In 2005, the company acquired 2 vessels of 6000MT capacity each MT Gracious and MT Agboiyi from Turkey. The vessels were financed by Equity Bank Ltd (taken over by Intercontinental Bank Plc). Between 2005 and 2007, both vessels were quite active in coastal liftings from Warri & Port Harcourt Refineries. In January 2010, the company entered into a Technical Management Agreement and a Commercial Management Agreement with a reputable Ship Management company based in Mumbai, India Transocean Shipping Ventures (Pvt.) Ltd to revive and retrofit the vessels which had been moribund following the inactive state of Warri & PHC Refineries. The turn around was completed in May 2010 and the vessels commenced trading actively along the West African coast lifting cargoes from Mother Vessels anchored in Cotonou, Lome, Cote Divorie etc for supplies to Depots and Jetties in Lagos, Warri, Port Harcourt, Calabar and offshore Oil platforms. The vessels are manned by qualified and competent staff both Nigerians and expatriates. The vessels are in class, with proper Hull and Machinery Insurances, Pollution & Indemnity Insuraces in place. Also the vessels posses all required requlatory permits from NIMASA, DPR, etc to operate. Giken Ocean Tankers Limited is a member of Indegenous Shipowners of Nigeria (ISAN) page 1

3 MANAGEMENT TEAM BARR. (MRS.) GRACE ENENMOH GROUP MANAGING DIRECTOR Mrs. Enenmoh graduated from the University of Lagos with an LLB (Hons) degree and was called to bar after successfully completing her stint at the Nigerian Law School. She has had experience in sales and marketing while working for Unilever (formerly Lever Brothers) as a sales supervisor from where she left for private business in GEORGE IKECHUKWU ENENMOH CHIEF OPERATING OFFICER Mr Ikechukwu G. Enenmoh is an Executive Director of Ascon Oil responsible foroperations. He is a graduate of the IOWA State University, U.S.A. with a Bsc Degree in Chemical Engineering and a Minor in Journalism and Mass Communication. IKEM OHIA COMPANY SECRETARY/ LEGAL ADVISER Ikem Ohia doubles as Legal Adviser and Company Secretary. He was called to the Nigerian Bar in Ikem worked with Unipetrol Nigeria for a total of 15 years where he rose through the ranks to become General Manager, Unipetrol Sierra Leone, a subsidiary of Unipetrol, Nigeria. page 2

4 KEY OFFICERS PATRICK A. OKOYOMOH MARINE ENGINEER SUPERINTENDENT Mr Okoyomoh started his maritime career with the defunct Nigerian National Shipping Line as a Cadet Engineer. He was trained at the Nigerian Maritime Academy, Oron from 1983 to 1986 and graduated as a full fledge Marine Engineer Officer with a Class II Motors Marine Engineer Certificate of Competency from the Arab Maritime Academy, Alexandria, Egypt in He served as an Engineer Officer onboard various Nigerian National Shipping Line ships namely: M.V. River Ikpan, M.V. River Andoni, M.V. River Oli, M.V. River Ogbese among others. Upon liquidation of the N.N.S.L. continued a sea career onboard privately owned indigenous vessels as a Senior Engineer Officer, mostly as Chief Engineer. As a chief Engineer in far away Malaysia, he served onboard the M.T. Victoria Lucy, a Malaysian Flagged LPG vessel, owned by Helmat Shipping PTE, Kuala Lumpur, Malaysia from 1997 to On his return to Nigeria he served as a Chief Engineer onboard M.T. Maria, M.T. Bekkie, M.T. Orion 1, M.T. Zenon Conquest, M. T. Fezol Explora, etc.giken He later joined Ocean Tankers, Ltd. and was onboard the M.T. Gracious, as Chief Engineer before he was promoted to the Marine Engineer Superintendent position on the 5th March, 2010; a position held till date. He attended additional courses at the Regional Maritime Academy, Ghana and obtained Mandatory HSE certificates in compliance with STCW '95 i.e. Advanced Fire Fighting, Proficiency in Medical First Aid, Proficiency in Survival Craft & Rescue Boats, Life Boat, Oil Tanker Familiarization, Personal Survival Techniques etc. Mr Okoyomoh Also holds a Class I Motors Marine Engineer Certificate from the Bureau of Maritime Affairs, Liberia. AIRADION RICHARD ADUBU ACCOUNTS & ADMINISTRATION Mr Airadion joined the company in He has a degree in accountancy and is responsible for all the accounting and administrative operations. page 3

5 PARTNERS Transocean Shipment management is a partner of Giken Ocean Tankers and is charged with the responsibility of managing the MT Gracious vessel. They have the requisite experience that cuts across many countries of the world. They are a reliable name in the global shipping industry. They provide the best in business and ship management practices while treading the path of excellence, professionalism and ethics. They follow an absolute professional approach in their activities to ensure efficient and seamless operations. page 4

6 GIKEN OCEAN TANKERS LIMITED A Subsidiary of Oil Company Copyright 2011