Oman Shipping Company S.A.O.C.

Oman Shipping Company S.A.O.C. is a closed joint stockcompany, incorporated in 2003 and owned by the Government of the Sultanate ofOman through the Ministry of Finance (80%) and Oman Oil Company S.A.O.C. (20%).

The Company is involved in Ship Owning, Ship Charteringand Ship Management activities through its Subsidiary Companies: Oman CharterCompany S.A.O.C. (OCC), Oman Ship Management Company S.A.O.C. (OSMC), and OmanContainer Line (OCL) S.A.O.C.

The Company launched with the acquisition of 6 LNG Vessels,employing them to transport Omani LNG to world markets, together with MitsuiO.S.K. Lines Ltd. (MOL) as its Joint Venture Partner. Existing LNG vessels aremanaged by OSMC, an ISM accredited Company.MOL provides service support to OSMC in matters of technical managementof the LNG vessels. The Company has since diversified into Crude Oil, Chemical,Dry Bulk, Container and General Cargo market segments. By 2012, the Company expects to have 42 vessels under ownership and management.

The Company’s customers have included Shell, MitsubishiCorporation, Itochu Corporation, Oman LNG, Qalhat LNG, Petronet, Qatar Gas andOman Refinery & Petrochemical Company, to name a few.