FM-CMO-MMC-0201-01-01

FM-CMO-MMC-0201-04-01

NEW CLIENT EVALUATION SHEET

Name of

Client/Company:WAH KWONG SHIP MANAGEMENT HK Date:January 6, 2015

Address :24th Floor, Shanghai Industrial Investment Building, 48-62, Hennessy Road, Wan Chai, Hong Kong, China.Fax No.

Tel. No.+852 2863 5269

Contact Person:L F Yeung

I.Principals Requirement:

PositionNo. of Crew RequiredAvailabilityRemarks

FULL CREW

II.Criteria for Assessment:StandardsAssessment

1.Standing in the shipping industry:Preferably among the Top 100 shipping firms worldwideGood Standing

2.Other business interest/ involvement (If not among Top 100, what other business are they involved with?) Business interest should be wide if Client is relatively new in the shipping business, preferably a leading company in present industry it belongsOil tanker/ Gas carrier/Chemical Tanker/Bulk Carrier/Other Cargo Ships

3.Potential Business:

a.Number of Ships to be manned: At least w/ 5 Vessels (if Cargo)21 VESSELS8 Bulk Carrier/3 Tankers/10 LPG

b.No. of Crew Needed:At least 50 crew (for Passenger or if vessel is less than 5)See email

c.Long term business plan and commitment to hire Filipino CrewMust be a clear written business objective of the Client.Yes.

4. Others:

a.Financial Standing: (Audited financial statement may be requested If further proof is needed)Financially stable for the last two years

b.Industry ReputationRespected in the business community, among the leaders in the industry, a fair and responsible employerYes. 1 vessel detention in the last 3 years

5.Conflict of Business Interest (Determine effect of Clients acceptance on present Principals?)No negative consequenceNone

III.References:

Contact PersonCompanyTel No:/AddressRemarks

See Above

Action Taken :Remarks:

For Acceptance

xFor Further Review/Evaluation

Reject

Endorsed by:GCMENDOZA

Approved by:AEQUEROL