CMH’s Role: Main Sponsor

Suffun Investments Limited is a Cayman Islands exempted company established with the principal aim of acquiring an indirect stake in Skaugen Gulf Petchem Carriers BSC (“SGPC”) (c), a petrochemical shipping company based in the Kingdom of Bahrain. SGPC, a Bahraini joint venture between Oslo-based IM Skaugen, CMH and Nogaholding, is a petrochemical shipping company specialized in Olefins, LNG and LPG marine transportation. SGPC was established to cater to the need that exists to invest in vessels that would serve the GCC petrochemical industry. This sector offers enormous profit potential and capital growth. Petrochemical shipping is a growing sector driven by strong fundamentals arising from the booming petrochemical industry in the GCC. SGPC is currently operating two ships and is expanding its fleet to meet growing demand for shipping capacity in the region.