Press esc at anytime to quit

1. You’re in PowerPoint 2003 or later is required to fully appreciate this presentation If you have an earlier version you can download PowerPoint 2003 Viewer at the following URL http://www.microsoft.com/downloads/details.aspx?FamilyID=428d5727-43ab-4f24-90b7-a94784af71a4&displaylang=en Press esc at anytime to quit Automatic presentation - any key to advance

2. You’re in Press esc at anytime to quit Press esc at anytime to quit Automatic presentation - any key to advance Automatic presentation - any key to advance

3. Are your ships in Safe Hands? Do you find that sometimes Flag States can be part of the problem rather than part of the solution? BMSR provides fast pragmatic solutions to your problems BMSR operates a 24/7 support facility for ship operators, 365 days of the year Press esc at anytime to quit Automatic presentation - any key to advance

4. Make the jump to BMSR BMSR: a high-quality open ship registry headquartered in London with offices around the world. A wide range of internationally owned vessels fly the Barbados flag including tankers, bulk carriers, containerships and yachts. Press esc at anytime to quit Automatic presentation - any key to advance

5. Be heard, loud and clear Our services and fleet quality are second to none Listed on the PSC White List Recognised by USCG Qualship 21 programme Press esc at anytime to quit Automatic presentation - any key to advance

6. The BMSR Network Our registrars provide local services in Barbados China Egypt Germany Greece Hong Kong India Indonesia Japan Malta Netherlands Antilles Norway Pakistan Russia Singapore Sweden UAE United Kingdom USA This network is backed up by a further 140 nautical inspectors in 40 countries. Press esc at anytime to quit Automatic presentation - any key to advance

7. Why choose BMSR? BMSR is a Shipping is a 24/7 activity operation When dealing with many other flag states you may find that your confirmations, exemptions or dispensations urgently required by port officials, will not be seen until the Flag Administration has their ‘office hours’ You need to be assured that you are in contact with someone who understands your problem and who has the authority to advise and act towards the quickest solution Press esc at anytime to quit Automatic presentation - any key to advance

8. Be protected by our service BMSR Services Simple registration process Low fixed fees No Barbados tax exposure for foreign owned ships Press esc at anytime to quit Automatic presentation - any key to advance

9. Think about it. Flag with BMSR A unique Flag State service Have you ever wondered why a ship’s real condition does not agree with the superintendent’s reporting? Why do so many ships with full statutory certification issued by IACS class societies have difficulty with Port State authorities? Why is there little or no documented evidence indicating the ship’s true condition recognising the normal ageing process from the statutory records? Press esc at anytime to quit Automatic presentation - any key to advance

10. Flag with BMSR and have something to shout about BMSR has developed free ‘Condition Mapping Reports’ (CMR), for all our ships Using CMR will help you track the vessels condition as it changes due to the influences on it, and decide if its acceptable or not. In addition these reports provide important indications as to the true impression your ‘asset’ gives to third parties. The CMR is for the information of the operators only and does not form part of any certification process Press esc at anytime to quit Automatic presentation - any key to advance

11. Fee registration Vessels < 5 years of age Vessels > 5 –10 years of age Group vessel registration (>1) Group vessel registration (>3) Group vessel registration (>5) Double your expectations 20% discount in initial registration fee 10% discount of initial registration charges 5% of initial registration charges 10% of initial registration charges 20% of initial registration charges Press esc at anytime to quit Automatic presentation - any key to advance

12. Fees Initial Registration US$ <2000 NT 2400 2001 – 5000 NT 1.20 / NT 5001 – 25000 NT 1.10 / NT >250001 NT 27500 Other Fees US$ Radio Licence 110 annual CSR Maintenance 110 annual MMSI Registration 55 Call Sign Registration 55 Safe Manning Certificate 55 Mortgage Transactions 220 Register Transcript 55 Bill of Sale Registration 220 Officers Endorsements 55 Exemption Certificates 110 Permits to Operate 110 Annual Fee US$ >2000 NT 1740 2001 – 5000 NT 0.12 / NT + 1500 5001 – 25000 NT 0.11 / NT + 1500 Yacht Pleasure Charter Initial fee (US$) 2400 2400 Annual Fee (US$) 240 1740 Press esc at anytime to quit Automatic presentation - any key to advance

13. Recognised organisations American Bureau of Shipping Bureau Veritas China Classification Society Det Norske Veritas Germanischer Lloyd Korea Register of Shipping Lloyds Register Nippon Kaiji Kyokai Registro Italiano Navale Register of Russian Shipping Press esc at anytime to quit Automatic presentation - any key to advance

14. Admanthos Shipping Agency, Stamford CT, USA Wilson Ship Management Norway Bjorn Tvedt GM SecundaGroup of Companies Canada Donald A Macleod Vice President - General Council Ron Dejewski President “BMSR’s quality commitment to its vessels being compliant and professionally operated is evidenced by their early enrolment in the USCG Qualship 21 Programme” “The staff of BMSR provides fast responses supporting our ships operational needs” “With a high proportion of our vessels trading to and from Europe it is important that the Barbados Flag is included on the Paris MOU White List. “BMSR has competitive rates based on the size of the ship with no hidden extras” “BMSR has recognised the problem of Administrations being distant from their responsibilities and as a result has developed unique quality initiatives for the mutual benefit of both ship operator and the Administration” “Based on our experience with BMSR and other Flags we can confirm that BMSR provides a superior Ship Registry service in that we have had only good experience from them in over ten years of using the Barbados Flag. “BMSR has an extensive global network of Nautical Inspectors to allow prompt availability and to minimise the cost of Flag State inspections” Testimonials Press esc at anytime to quit Automatic presentation - any key to advance

15. Join BMSR and smile about the service For more information on BMSR contact: Mr Chris Sawyer Principal Registrar Barbados Maritime Central Ship Registry Barbados High Commission 1 Great Russell Street London WC1B 3ND Tel: +44 (0) 20 7636 5739 Fax: +44 (0) 20 7636 5745 Email: registry@barbadosmaritime.com www.barbadosmaritime.com Press esc at anytime to quit Automatic presentation - any key to advance

16. Join BMSR and smile about the service For more information on BMSR contact: Mr Chris Sawyer Principal Registrar Barbados Maritime Central Ship Registry Barbados High Commission 1 Great Russell Street London WC1B 3ND Tel: +44 (0) 20 7636 5739 Fax: +44 (0) 20 7636 5745 Email: registry@barbadosmaritime.com www.barbadosmaritime.com Press esc at anytime to quit Automatic presentation - any key to advance

17. You’re in See you at Posidonia Hall 5, Stand 558, Maritime London Pavilion, booth 1 Press esc at anytime to quit Automatic presentation - any key to advance