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International marine consultants and surveyors

Quaerite vera seek the truth Our services H&M damage surveys, risk assessments, inspections and audits Marine casualty response and investigation Marine consultancy services International project cargo and transport risk services Yacht services technical consultants and marine surveyors Global operations Our worldwide network of strategically placed offices enables us to service our clients on a global and regional basis providing 24 hour response capability 365 days of the year. Braemar (Incorporating The Salvage Association) is an international marine surveying and technical consultancy firm providing expert advice to the shipping and marine insurance industries, operating from a network of offices in leading maritime centres around the world. We provide a comprehensive range of specialised marine engineering, surveying and technical consultancy services for all types of marine transportation with particular focus on casualty investigations, claims and loss prevention. Our pedigree has developed from the beginnings of marine surveying through The Salvage Association. Our reputation is built on independence, integrity, ability to respond quickly and our long standing relationships developed over many years of protecting our clients interests. Braemar (Incorporating The Salvage Association) is part of Braemar Shipping Service plc. Our team of highly experienced technical personnel includes: Master Mariners, Marine Engineers, Marine Electrical / Electronics Engineers and Naval Architects in addition to other specialisms. Key Facts All have specialist areas of expertise and combine + Over 150 years of heritage & expertise an in-depth technical knowledge with a practical understanding of the factors affecting our + Employing 100+ skilled technical staff clients businesses. + Worldwide network of strategically Our clients include marine hull and cargo placed offices servicing clients on underwriters, P&I Clubs, marine lawyers, a global and regional basis shipowners, charterers, finance providers, energy + 24 / 7 Response capability companies and government bodies worldwide. GLOBAL SUPPORT SERVICES 24/7 worldwide response Principal offices UK & Western Europe: +44 (0)20 7648 9650 london@braemar.com Americas: +1 212 587 9300 new.york@braemar.com After hours contact: Phone: +44 (0)20 7648 9650 Email: gss@braemar.com Asia Pacific: +65 6517 6860 singapore@braemar.com Middle East & India: +971 (0)4 331 3100 dubai@braemar.com Med & Eastern Europe: +30 210 429 2690 piraeus@braemar.com enquiries@braemar.com www.braemarsa.com

Hull & Machinery damage surveys, risk assessment surveys, inspections and audits A reputation for being the leading provider of hull and machinery damage surveys Carrying on the tradition of The Salvage Association, originally formed in 1856 on behalf of the Lloyd s of London Marine Insurance market, we have built our reputation on Hull and Machinery damage surveys, and in providing support during the claims and repairs process. Over the years we have also played a leading role in the development of warranties and surveys to support loss prevention. Many of the loss prevention surveys have been developed in cooperation with the Joint Hull Committee and not only include surveys of vessels but also management capability, on board fuel management and shipyard risk. For example, following a series of shipyard accidents and losses in the early part of this century, the JH143 shipyard risk assessment warranty survey was introduced by the Joint Hull Committee in 2003. Since then Braemar (Incorporating The Salvage Association) has carried out over 450 risk assessments with the result being a significant reduction in these losses. Today Braemar (Incorporating The Salvage Association) offer a full range of risks assessment surveys, many of which have been developed for our clients benefit. We also carry out P&I condition surveys, pre-purchase conditions surveys, OVID and CMID inspections. Surveys, inspections & audits Hull & Machinery damage surveys Condition surveys including loss prevention, H&M JH2013-007 A, B and P&I Risk assessment surveys including JH2013-007 C (Joint Hull Committee) Ship repair costs / advice On / Off hire surveys Newbuild construction surveys Cargo damage surveys Shipyard management company audits Shipyard risk surveys and shipyard management audits including JH143 ISM Audits Pre-purchase condition and valuation surveys Sea trials verifi cation Safety audits OVID inspections Mooring and lay-up approvals Bunker management enquiries@braemar.com www.braemarsa.com

Marine casualty response and investigation Rapid response to marine incidents worldwide We have extensive experience in marine casualty response and through our worldwide network we provide timely attendance and advice for a broad range of marine casualties and complex cases. Our team has a wide range of in-depth practical experience supported by advanced analytical and forensic capabilities to assist in control of the situation, loss prevention and subsequent investigation. The surveyors of Braemar (Incorporating The Salvage Association) have been involved in all types of serious investigations and high profile casualties and are able to respond quickly and efficiently to any marine casualty, worldwide, 24 hours a day. We can assist with salvage operations and determine cause and extent, assist in mitigating the loss, collect evidence and provide expert advice to shipowners, operators and underwriters. We provide our clients with rapid and cost effective support for marine casualties from the early stages, with salvage support services and on-site surveys, through the evidence gathering process, investigation and analysis to expert advice and appearance as expert witnesses in litigation. GLOBAL SUPPORT SERVICES 24/7 worldwide response After hours contact: +44 (0)20 7648 9650 gss@braemar.com The main areas of our work in marine casualty investigations are: Salvage operations and wreck removal Special casualty representative (SCR) appointments Collisions, groundings and fi xed object damages Cargo damages and cargo recovery Hull and Machinery damages Pollution advice / management and post casualty clean-up Technical investigation and forensic analysis Expert reports and evidence Naval architects to support salvors Naval architecture assessment for wreck removal Project management of Third Party contractors (Including audit of systems and accounts) Expert witness advice and review of claims enquiries@braemar.com www.braemar.com

Marine consultancy services Disputes, litigation support and expert witness Our trained experts have extensive experience of providing opinion and litigation support on all aspects of wet or dry marine work in either court or arbitration proceedings. + Litigation support and expert witness + Admiralty + Cargo recovery and defence + Charterparty disputes + Shipbuilding, conversion and repair + Marine engineering P&I consulting We work closely with P&I FD&D teams to provide technical support and opinion in the event of a dispute. We provide expertise in the following areas; cargo damage, charterparty & performance disputes, bunker disputes, sale & purchase issues, piracy, ISM issues, maintenance disputes, bunker disputes, newbuild disputes, conversion & repair issues and specification advice. + Cargo disputes - liquid, bulk & containerised cargoes, inc. food damage + Fixed and floating object damage + Collision and grounding disputes + Bunker disputes + Navigation and unsafe port issues Our marine consultancy team offers services to legal firms, P&I Clubs, finance houses and banks, oil majors, vessel owners and managers, regulatory bodies and other organisations that require experienced, knowledgeable and reliable expertise delivered with integrity and speed. We offer a breadth of expertise unrivalled in content, proximity to local markets and geographical reach. Our team of experienced senior personnel can deliver a full range of marine consultancy services that includes expert witness work, litigation support, technical due diligence, detailed incident investigation and bespoke project consulting. Marine operations consulting We can offer project technical support and advice, marine operations design and improvement advice, ISM and compliance support, preparation of procedures, incident investigation, vessel operational assessments, fleet management assessments, Third Party superintendency and owner representation. Ship finance and sale and purchase consulting Our team s extensive experience of managing vessels provides a trustworthy platform for the provision of technical due diligence for private equity interests or lenders who may be considering either acquisition or sale of fleets, companies or vessels. + Asset management + Vessel operations + Maintenance, repair and conversion + Procedures and compliance + Dry dock support + Superintendency + Port operations + Regulatory consulting +Technical due diligence + Project feasibility + Technical risk assessment + Milestone assessment + Newbuilds and conversion + Post-acquisition support marine.consultancy@braemar.com www.braemarsa.com

International project cargo and transport risk specialists Worldwide expertise in risk management We combine extensive operational experience and state-of-the-art analytical tools with a proactive and practical approach. We have played and continue to play a leading role in developing many of the internationally accepted guidelines used for marine warranty surveys and transportation risk management. Our worldwide team of master mariners, marine engineers, naval architects and warranty surveyors provide Third Party assessment, advice and risk control for projects and to the transportation of project cargo. Over 2,000 major marine, onshore and offshore projects requiring the transportation of project cargo and critical items including; + Offshore platforms + Gas turbines + LPG bullets + Pipe racks + Jackets + Generators + Process plant + Pressure vessels + Pre-assembles modules + Heat exchangers + Wind turbines + Storage tanks + Nuclear reactors We provide independent marine warranty surveys and risk management services for underwriters, operators, project owners and contractors. Our services include surveying of; + Project cargo transportations + Heavy lifts + Towage of vessels and barges + Load-out and discharge of critical, large, heavy or oversize cargoes + Seafastenings and voyage approvals We can assist with many other challenging and high-risk marine transportations where Third Party review and approval is required. We aim to protect our clients interests working with operators and contractors to ensure a safe and efficient delivery of their project. Our project management expertise and specialist technical knowledge in dealing with complex project cargo operations allows us to deliver safe, cost effective and practical support for the most challenging assignments. Project cargo services Marine warranty surveys Project cargo and critical items Risk management Heavy lifts Marine operations, RoRo / Flo/Flo & Lo/Lo Navigational risk Transhipments Barge operations Road, rail and air transportation Surveys and consultancy Load-outs, stowage and securing Load-ins surveys Route surveys Vessel suitability surveys Engineering and seafastening design Transport manuals Risk assessments and method statements Supply chain audits Corporate members of The International Cargo Handling Coordination Association (ICHCA) Cargo surveys Packing and Packaging Cargo damage Investigations Expert opinion Warranty surveys Tow and towage approval Voyage approval enquiries@braemar.com www.braemarsa.com

Yacht services technical consultants and marine surveyors Technical consultancy and marine survey services to the super yacht market YACHT SERVICES Our team of highly qualified Master Mariners, Marine Engineers, Naval Architects and Project Managers combine specialist yacht expertise with unparalleled knowledge on risk, asset protection and survey. Our unique approach combines first class multi-disciplinary expertise, a worldwide presence, early response capability and proven reliability to deliver a distinctive bespoke service with high technical content. Yacht consultancy and surveying services Damage surveys and casualty investigations Assessment of the nature and extent of casualty damage Advice on repair method and cost Root cause analysis Salvage supervision Litigation services, expert opinion and expert witness Grounding, collisions, contact damage Rigging failure Fire and fl ooding Machinery damage Salvage Sale, purchase and newbuild disputes Naval architecture Feasibility studies Design support Model test attendance Lightweight surveys and inclining experiments Sale and purchase services Condition surveys Preparation to sell Prepurchase surveys Sea trials Yacht safety and incident prevention Advice on reliability of equipment, design solutions and operations Incident prevention condition surveys Shipyard audit and newbuild risk assessment (including JH 143) Shipyard management audit Yacht management company audit Crew drills, training and asset protection on safety operations ISM audit Yacht load out surveys Yacht projects technical due diligence For Yacht Owners and Investors Project feasibility Builder assessment Technical risk assessment and mitigation Milestone assessment Commissioning and sea trial New construction, conversion, refit and repair Asset Protection, Risk Reduction and Cost Control Technical support to contract defi nition and negotiation Design and technical specifi cation appraisal Yacht refi t and repair costs / advice Supervision and planning including commissioning and sea trials Cost control, tenders and accounts review Newbuild and conversion warranty management yachtservices@braemar.com www.braemarsa.com/yachts

Providing 24 hour response capability worldwide, 365 days of the year GLOBAL SUPPORT SERVICES 24/7 worldwide response After hours contact: +44 (0)20 7648 9650 gss@braemar.com Principal Offices UK & Western Europe: +44 (0)20 7648 9650 london@braemar.com Americas: +1 212 587 9300 new.york@braemar.com Asia Pacific: +65 6517 6860 singapore@braemar.com Middle East & India: +971 (0)4 331 3100 dubai@braemar.com Med & Eastern Europe: +30 210 429 2690 piraeus@braemar.com General enquiries enquiries@braemar.com www.braemarsa.com

Head office Braemar (Incorporating The Salvage Association) Marlow House 1A Lloyd s Avenue London EC3N 3AA United Kingdom Tel: +44 (0) 20 7648 9650 Email: enquiries@braemar.com Part of Braemar s technical division Braemar Shipping plc www.braemar.com