M3 Marine Group Pte Ltd 1 Commonwealth Lane #06-21 One Commonwealth Singapore149544 t: +65 6327 4606 m: mail@m3marine.com.sg w: www.m3marine.com.sg All rights reserved.

“M3 Marine was set up to offer the market a unique and comprehensive range of commercially focused offshore services, tailored to meet the needs of the offshore oil and gas industry.” Founder Capt. Mike Meade

Based in Singapore

M3 Marine was founded in 2005 and is one of Asia’s largest independent

offshore shipbroking and marine consultancy firms

M3 Marine is underpinned by a wealth of multi-faceted industry

experience sourced from its in-house experts and its diverse network of

associates

BROKERAGE ASSET VALUATIONS MARKET RESEARCH & FORECASTING DUE DILIGENCE NEWBUILD SURVEYS, AUDITS & INSPECTIONS PROJECT MANAGEMENT & SYSTEMS INTEGRATION LEGAL & INSURANCE CLAIMS SUPPORT TECHNICAL EDITING CONTRACT ANALYSIS & NEGOTIATION SPECIALIST MARINE MANNING

M3 Marine has direct access to a vast network of offshore vessel owners

and is backed by a growing network of associates

M3 Marine is active predominantly in, but not limited to, the Australian,

South East Asian, Indian, Russian and, to a lesser extent, West African

markets

• Head Office

• Areas of Operations

GEOGRAPHICAL FOOTPRINT & AREAS OF SERVICE DELIVERY “Singapore the ‘hub’ of Marine activity in Asia” “Commercial centre for Oil & Gas trading, insurance and Finance (Marine)” “The largest rig building market in the world” “Project mobilisation or Singapore centred components…”

Brokerage for time & bareboat charter

M3 Marine is well-versed in all manner of time, bareboat & lump sum

contracts

“We supply brokerage services to ship owners, charterers & shipyards and facilitate mutually agreed contracts that form a deal”

* Risk allocation goals with the acronym ‘FAIR’. ‘FAIR’ lies at the heart of IMCA Contracting Principles.

M3 Marine seeks to facilitate charter negotiations & “add-value” to the

commercial chain while ensuring FAIR* principles are applied Fair (not equal) & realistic distribution of risk in proportion to relative rewards

Allocate risk to the party best placed to assume it

Insure – sufficient scope of cover

Reasonable – avoid “duplicate” assumptions of risk and minimise potential for

dispute

“We pride ourselves on our integrity, attention to detail, expediency & quality of service”

Brokerage for sale and purchase

AHT PSV

AHTS

MSV

“We broker the sale & purchase of new vessels from concept through to build and delivery and also facilitate re-sales of new and second hand vessels between willing buyers and sellers…”

Over the years, M3 Marine has forged strong business relations with

numerous shipyards (especially those active in the SEA region)

Examples of shipyards we have contracted with

Drydocks World SEA

Nam Cheong International Limited

ASL Shipyard Pte Ltd

Jaya Shipbuilding and Engineering Pte Ltd

Fujian Southeast Shipyard

“M3 Marine works closely and in regular dialogue with shipyards in the Asia Pacific region & vessel owners worldwide both in the facilitation of commercial deals & as technical advisories & newbuild superintendents”

Brokerage and consultancy for newbuilding

M3 Marine is actively involved in all facets of the newbuilding process

including:

Vessel design

Vessel specification

Prequalification of shipyard

Bidding

Shipyard selection

Contract negotiation

Technical review

Commercial closing

Site Supervision

Project Management

Trials

Vessel delivery

“At M3 Marine, we are actively involved in the entire newbuilding process, from the conceptualisation of the vessel through to its delivery.”

“M3 Marine combines commercial market knowledge & strengths with solid marine & engineering expertise to provide a comprehensive service to our clients”

M3 Marine adds value to the “traditional broker chain” by playing a

proactive role in:

Matching shipyards and buyers / vessel owners

Assisting owners in shipyard selection

Contributing our expertise early on in the ship design stage

“M3 Marine are involved in vessel selection and inspection for the whole range of offshore marine related requirements for the…… Oil & Gas Offshore Construction Materials transport Heavy Lift Subsea Renewable energy …….Industries”

Independent desktop or full inspection vessel valuations and pricing

trends for Owners, Financial Institutions and Banks

“Finger on the pulse…” “Understanding the current market, activities and movement and the key considerations for assessment of value” “Indicative current valuation ranges and historic, current and future charter rate expectations.”

Have advised on a number of M&A deals

Able to provide clients with:

Historical values

Forecast values

Summary of Smaller-Sized AHTS (4 – 7,000 BHP) for year 2008 Summary of Medium-Sized AHTS (7 - 12,000 BHP) for year 2008

Company X’s Newbuildings Fleet Summary, updated 2009 Company X’s Existing Fleet Summary, updated 2009

“M3 Marine offer the expertise integral to the facilitation of a corporate deal….” “High level reviews of the OSV market and analysis of industry dynamics” “Barriers to entry and key success factors – future trends and market potential” “Acquisitions, newbuilds and other expansion strategies”

Up to date market research and forecasts

Detailed financial, market and operational due diligence aimed at

adding significant contribution to new projects and vessel

requirements

M3 Marine undertake technical & operational due diligence including physical inspection, survey of vessels and/or yard, shore management & workshop facilities , quality of customers & contracts, management & operations”

M3 Marine plays an integral role in assisting our clients in problem

solving, decision-making and facilitating them in achieving their

project objectives:

On time

Within budget

and to a level of quality that is acceptable to all stakeholders involved

“We aim to establish long term relationships & strive to develop quality & maintain focus at all times to achieve our clients’ objectives…”

Assists with drafting of agreements and associated negotiations

including advising at preliminary stages of a proposal

A service aimed at:

Curtailing potential disputes and costs

Facilitating the client’s understanding of documents and points of

concern

Ironing out stumbling blocks to deals

Pin-pointing where legal advice is necessary

“M3 Marine has marine, engineering experts who advice at the preliminary stages of a proposal & curtail the potential for future dispute & cost” “We ensure marine industry related requirements are clearly understood and actioned accordingly”

Quality expert opinion

Professional testimony

Legal and insurance claims support service

“Mariners & Engineers with extensive expertise coverage in a wide array of specialism, ETOs, Cables and Telecommunication, Towing, Diving, DP, Warranty Surveyors, H & S leads, Competence and Assurance advisors, Emergency Planners etc. based in Asia and Europe”

M3 Marine works with clients on:

Commercial and technical tender submissions

Reporting, compliance, policy and / or procedural documents

Newsletters

Technical and research papers M3 Marine produces documents which contain salient, useful and productive information in an efficient and effective manner. This is achieved through skilled extraction of information, analysis and interpretation … structuring of contents and clear and concise reporting.

“Easing the burden of documentary compliance & deliverables on a project…” “Enabling client’s to allocate key internal resources where they matter the most and outsourcing the structuring, writing & polishing of documentation…”

Vessel surveys, audits and inspections (IMCA and OVID)

FMEA authoring, inspection and review for all vessel systems

Annual DP Trials

Systems integration (such as dive systems)

Concept review and development of shipboard systems in

conjunction with manufacturers and classification societies

Review and production of vessel build and conversion specification &

machinery and electrical systems

“Particular expertise is related to high end dynamically positioned offshore support, subsea construction & diving support vessels….”

Dynamic Positioning (DP) is a specialised method of holding ships in

position without the use of conventional moorings.

The use of DP systems require intimate equipment knowledge along

with strict standards of training and personnel selection.

Ships are essentially held in position using multiple

thrusters and computer controlled equipment

aided by acoustics, taut wire, radar and satellite.

“M3 Marine offers technical expertise in DP and associated systems, producing annual trials reports and FMEAs…”

M3 Marine is well-positioned to offer a selection of services including:

Auditing of Marine DP Equipment to IMCA standards

Contract consultancy (for end-user, shipyard, ship owner)

Vessel suitability for works envisaged

Training of crews in the use of DP

“Professionals who add technical & commercial competence to your marine offshore vessel needs…”

M3 Marine can provide specialist marine manning utilising a team of

carefully selected associates with a high level of specialized disciplines

including:

Dynamic Positioning

Dive Support

Offshore Construction and Offshore Installation

Offshore Marine HSE & Emergency Response Planning

Auditing (CMID and OVID)

Technical and Competence Assurance

Tow Masters

Barge Masters and Foreman

“High end placement of solid expertise for our clients’ technical assurance requirements, newbuilds, OSVs, DP, ROV, Subsea, FPSO, FSO, Construction and Drilling Vessels and project management positions…”

M3 Marine’s projects and presentations:

IMCA Presentation: DP in a Hurry.

OSV Singapore: When does a boat die?

Asian Workboat OSV Forum 2007.

OSV Singapore 2007.

The Standard – OSV Developments in South East Asia 2010.

OSV Singapore 2011 and DP Asia 2011 - The importance of FMEA’s: The

Asian shipyards struggle to deliver FMEA’s for more than an OSV and the

increased industry demand for DP Annual Trials.

The Compact Semi-Submersible (CSS) vessel.

M3 Marine representatives regularly attend and speak at offshore marine, oil & gas conferences & events around the globe…”

For more information on the CSS project, please log on to http://www.css-shipdesign.com/css-facts.html

“Adding Value – from design concept to newbuild to delivery…” “M3 Marine provided technical & operational expertise in the initial conceptualization & gradual development of the CSS & brokered the first newbuild contract…”

“M3 Marine remains committed to providing technical, operational & commercial consultancy & support services as required by shareholders & client.”

Services offered by M3 in Europe

Shipping/Cargo Risk Management

Logistics Risk Management

Marine Risk Manager

Marine Warranty Surveys

Salvage & Wreck

“MWS ability within the offshore and shipping industries. Marine rep. for client or contractor or insurer. Project cargo risk management and logistics risk assessments. Salvage & wreck attendance along with condition surveys and P&I/Cargo reporting for marine incidents”

“M3 Marine invests in the development of local & international personnel, offering a meritocratic springboard for achievement…”

M3 MARINE GROUP PTE LTD

Chief Executive Officer & Director: Captain Mike Meade (MNI) Chief Operating Officer & Director: Captain John Meade

Marketing & Business Development Manager: Wei Ling, Low (BSc) Financial Controller: David Woon (CPA, MBA)

Accounts Executives: Cynthia Tan & Shirley Tay Office Administrator: Ronna Panganiban

Director: Captain M. Meade (MNI) Head of Sale & Purchase: Captain J. Meade Lead Chartering Broker: Sophia Low (BEng) Broker: Aslinda Wati Broker: Richard Meade (BSc) Commercial Executive: You Ru Tan (BEng) Intern: Kuet Shao Heng

M3 Marine Expertise Pte Ltd

M3 Marine (Offshore Brokers) Pte Ltd

Managing Director: Joey Fisher (IEng IMarEng MIMarEST, First Class Chief Engineer) Commercial Manager: Angeline Chng (BSc) European Rep/Marine Consultant: Captain John Carroll (MNI, BSc ) Projects & Inspections Manager: Alex Brabin (First Class Chief Engineer) Projects Engineer: Elizabeth Anne Morris (CEng MIMechE) Projects Engineer: Luke Rust Commercial Executive: Sarasvini Chandrasekeran BSc (Eng) Intern: Teo Hui Fang Director & Expert: Captain M. Meade (MNI) Director & Expert: Captain J. Meade

Industry Experts

“Captains Mike and John Meade have a combined wealth of nearly 60 years in the marine offshore industry…. “

Chief Executive Officer, Capt. Mike Meade (MNI), combines expert offshore knowledge, operational, technical and commercial management with strong business acumen and is described by many as a man with his ‘finger very much on the pulse’. Mike previously held senior management positions in Seacor Holdings Inc and the Swire Group and has accumulated extensive exposure and success in dealing with major oil companies and offshore marine/engineering service providers, globally. Mike is a trusted and respected contributor to the commercial needs of the Subsea network both locally and globally and is the Asia Pacific representative on the IMCA Marine Division Management Committee.

Chief Operating Officer, Captain John Meade, is the Group’s lead for Sale and Purchase on the brokerage team and brings a wealth of knowledge and acquired skills across a wide range of marine disciplines. Having held senior roles in Marine Warranty, Pilotage, Towage and Port Operations, John provides additional depth to the Group’s consultancy arm M3 Marine Expertise and provides expert and valued opinion to the Industry. John is also a key member of M3 Marine’s vessel valuation panel and whilst working extensively on S&P and charter requirements worldwide, he maintains a particular focus on Australia.

“Our team has hands-on industry experts ranging from commercial & fleet management, seafaring & offshore work to newbuild superintendence & project management exposure, creating a strong & diverse array of skill sets within the Group…”

Lead Chartering Broker, Sophia Low (BEng), graduated from Nanyang Technological University in 2006 with a Bachelor in Materials Engineering. Sophia is a dedicated and energetic individual. She first joined the oil & gas industry as a drilling engineer working on offshore jack-ups to provide technical support to the drilling team and as a well design engineer. She joined M3 Marine as an offshore shipbroker armed with in depth knowledge of the upstream industry and understanding of the demands of the drilling fraternity. Her skills compliment the team dynamic for M3 Marine and the provision of value-added ship broking services to M3 Marine client’s.

Broker, Aslinda Wati has over 10 years experience in the offshore marine industry. Linda’s motivation and positive, pro-active mindset with a keen eye for detail and a desire to learn, saw her progress rapidly into management positions in procurement and administration, including extensive marketing and commercial experience whilst at Seacor Marine and Hallin Marine. Linda has gained invaluable experience in tendering processes, encompassing commercial, technical HSE and ISO standards, and being a solid all-rounder, she brings a strong skill set to the M3 Marine brokerage team.

“Our clients value our astute commercial & operational acumen and up-to-date market knowledge”

Commercial Executive, You Ru Tan (BEng) graduated with a Bachelors Degree in Civil Engineering from NTU. Prior to M3 Marine, You Ru worked for Saipem’s Commercial Dept. compiling information for bid pre-qualification and assisting in bid preparation against complex offshore pipelay and construction projects. As Commercial Executive on the M3 Marine Brokers’ Team, You Ru assists in administrative and documentation works and liaises directly with M3 Marine’s extensive owner client base to maintain the detailed Sales and Purchase and Charter Offshore Support Vessel Availability List.

Broker, Richard Meade (BSc) is a graduate of Bristol University, worked as a biochemist undertaking research at Bath University before joining M3 Marine to continue his professional development in the commercial field, focusing on the offshore marine, oil and gas industry. Richard has a colourful background having travelled extensively throughout. He has a sharp, logical and well organized mind, comprehensive IT skills, a Cambridge certificate in Arab Studies and is a conscientious communicator at all levels. He excelled in his laboratory work, employing the use of modern chemical and biological techniques to develop novel methods for the control of noxious species. He is an exciting new addition to M3 Marine and has the tenacity and focus to build on his understanding of the specialist offshore industry and bring his strengths and abilities to fruition.

“M3 Marine nurtures & combines the strengths of internationally experienced expertise with ‘home grown’ talent”

Managing Director, Joey Fisher (IEng IMarEng MIMarEST, First Class Chief Engineer) has over 12 years offshore marine engineering experience. His particular expertise is related to high-end Dynamically Positioned Offshore Support, Subsea Construction and Diving Support Vessels and he is highly qualified to advise on the integration of vessel machinery, equipment and systems, specialised subsea (such as Saturation Dive) systems and as author / auditor of FMEA’s. Joey is an accomplished surveyor, superintendent and project manager and has the depth and breadth of experience to ensure consistent and quality driven deliverables and exacting standards.

European Rep/Marine Consultant, Captain John Carroll, (MNI, BSc) is based in the UK and brings another dimension to M3 Marine. He was a Master in the offshore industry on board AHTS and Salvage vessels. Since leaving the sea he has over twenty years’ experience in marine consulting and the marine insurance industry. His latest role, prior to working with M3, was as a marine loss control engineer/risk manager for a US international insurance company based in their London City office. John is capable of assisting in the following markets: salvage, wreck removal, condition surveys, risk assessment, risk management for project cargoes, marine representation and marine warranty surveys. He has the ability to be embedded within a client’s/main contractors office and offer value-added marine consultancy services to assist in the completion of marine projects.

Marketing & Business Development Manager, Wei Ling Low (BSc) is a highly self-motivated, dedicated and goal-oriented professional who possesses a strong sense of responsibility and positive work attitude. Graduating from SMU with a Bachelor's Degree in Information Systems Management, Wei Ling took a bold career step by moving to China to work with Yantai CIMC Raffles, one of the largest rig builders in China. Her experience in project management brings added depth and enhances the Group’s technical and commercial portfolios. Wei Ling also spent several years working her way up through the ranks of Swiber Offshore’s commercial and marketing team and boosts the Group’s market analysis capabilities. One of Wei Ling’s key responsibilities is the marketing and continued development of the Group’s Commercial and Technical consultancy business, M3 Marine Expertise (M3ME) as well as the Group as a whole.

“Highly credentialed, independent & capable individuals who deliver quality contributions..”

Commercial Manager, Angeline Chng (BSc) is an Honors graduate with a Bachelor of Science in Maritime Studies (NTU). She interned with M3 Marine in Mid 2008 as a Management Trainee and is now onboard the M3 Marine Expertise Team as a Commercial Manager overseeing the administration and development of the consultancy business.

Projects & Inspections Manager, Alex Brabin (First Class Chief Engineer) has extensive experience as a superintendent and project manager in shipbuilding, conversion and major repairs on a variety of offshore support vessels and provides consultancy on offshore vessels installations and systems such as dynamic positioning systems, saturation diving systems and vessel propulsion systems. Alex has a keen understanding of classification and flag states related topics and survey requirements, analysis and problem solving for machinery, electrical and dive systems, planning and project management of vessel dry dockings, repair and conversions, and acceptance and commissioning of vessels into service.

Projects Engineer, Elizabeth Anne Morris (CEng MIMechE) has 9 years industry experience since leaving university, as project engineer in the offshore industry. Lizzie has extensive experience with the manufacture , installation and commissioning of deep water mooring connectors and has overseen their installation in the Gulf of Mexico and Australia, as well as being involved with overall project planning/client interface and internal planning and budgetary controls. She has recently been heavily involved with modifications to self-propelled jack-ups for use in offshore wind farm projects, from design, class approval and planning to execution and commissioning. Lizzie understands the demands of both ISO 9000 & 14000 accreditation and the demands of discerning clients, to ensure contract compliance and successful delivery.

“M3 Marine’s technical team have vast seagoing & project management experience enabling quality surveying, troubleshooting & solution driven advice & technical support”

“We maintain quality & consistently well- manage deliverables throughout the life of a transaction, project or requirement…”

Commercial Executive, Sarasvini Chandrasekeran BSc (Eng) ("Vini") is an Honors graduate with a Bachelor’s Degree in Naval Architecture from Newcastle University, and holds a Diploma in Marine Engineering from the Singapore Polytechnic. Prior to joining M3 Expertise, Vini worked as a Project Engineer where she gained valuable experience in the areas of procurement and project management for work barges; and is experienced in the drafting of offshore structural and mechanical drawings. Vini now joins the M3 Marine Group as a Commercial Executive and adds further value and depth to the technical capability of the M3 Expertise team.

Projects Engineer, Luke Rust is an experienced Marine Engineer and Project Manager with extensive experience in shipbuilding, conversion and major repairs across a variety of sea going vessels but with particular expertise in complex DP2 and DP3 Offshore Support Vessels. Luke provides high quality auditing and inspection consultancy across the wide array of vessel types including audit and verification of Dynamic Positioning and vessel propulsion systems.

“We are enthusiastic supporters of the NTU & Singapore Polytechnic internship programs…”

M3 Expertise Intern, Teo Hui Fang is currently pursuing a Diploma in Maritime Business at the Singapore Polytechnic. Having joined M3 Marine as an intern, she is learning the different facets of marine industry. Her role as an intern allows her to be proactive, enabling her to learn what cannot be taught in school. During her internship at M3 Marine, she hopes to get exposed to as much knowledge and experience that the offshore industry offers. She is an eager learner and possess positive attitude in her work.

M3 Offshore Brokers Intern, Kuet Shao Heng is currently pursuing a Diploma in Maritime Business at Singapore Polytechnic. Having interned on different maritime sectors in China and India, Shao has adapted well in different environments which is his added advantage in this age of globalization. During his internship at M3 Marine, he hopes to be exposed and offered many learning opportunities to further enrich his knowledge in the offshore sector.

“Fully supported by a dedicated & skilled finance team…”

Financial Controller, David Woon (CPA, MBA), holds a MBA degree from California State University, Hayward, USA and is a Certified Public Accountant with a Degree in Accountancy from NTU, Singapore. David joined M3 Marine as a Financial Controller of the M3 Group of Companies in October 2009. He strives to provide financial leadership and is a business partner to the management to drive M3’s growth. Prior to joining M3 Marine, David has more than 15 years of financial and corporate experience acquired with both MNCs and SMEs in offshore consultancy and other service industries where he assumed senior finance positions.

Accounts Executive, Shirley Tay studied at Clifford Educational Centre where she was awarded with the London Chamber of Commerce and Industry (LCCI) in Bookkeeping and Accounting. She is currently pursuing an advanced level course in CAT and has plans to pursue ACCA after.

“M3 Marine encourages its team at all levels to take a keen interest & active involvement in building its client relationships & reputation from fundamental administrative support right the way through to delivery of its services…”

Accounts Executive, Cynthia Tan is an ITE graduate with a certificate in Office Skills and Accounting. She benefits from years of accounting experience prior to joining M3 Marine and is currently pursuing her Association of Chartered Certified Accountants (ACCA) - Level 2 Degree.

Office Administrator, Ronna Panganiban has many years of experience as Customer Service Officer in hospitality and telecommunications industry. This has trained her to effectively perform a variety of administrative and clerical duties to run the organization efficiently.

M3 Marine’s office at One Commonwealth

“We promote the open plan / open door culture & readily share information & knowledge within the Group…”

M3 Marine Group Pte Ltd 1 Commonwealth Lane #06-21 One Commonwealth Singapore 149544 t: +65 6327 4606 m: mail@m3marine.com.sg w: www.m3marine.com.sg All rights reserved.

M3 Marine Group Pte Ltd 1 Commonwealth Lane #06-21 One Commonwealth Singapore 149544 t: +65 6327 4606 m: mail@m3marine.com.sg w: www.m3marine.com.sg All rights reserved.