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V.Ships Appoints Trivedi to Head V.Ships Agency

Maritime Activity Reports, Inc.

September 28, 2005

V.Ships has appointed Rishi K. Trivedi as Group Managing Director of the Marine Services Division’s worldwide agency business - V.Ships Agency. The move follows Shay Devine’s (former V.Ships Agency Group M.D.) appointment as Chief Executive Officer of V.Ships - Marine Services Division. Trivedi, who has been with the group since January 2000, joined V.Ships Agency UAE from Inchcape Shipping Services. Rishi holds commercial and LLB degrees from Bombay University. In a career spanning 29 years in the industry to date, he has been an active member of Institute of Chartered Shipbrokers, the Executive Committee of the Nautical Institute UAE branch and a member of the Chartered Institute of Logistics and Transport UK. Rishi has been working in the Gulf for over two decades, and is married to a Bahraini national and has two children. The V.Ships Agency office in Dubai commenced operations in 2000 and since that time, under Rishi’s guidance, it has grown to include facilities at the ports of Fujairah, Ras al Khaimah and Khorfakkan. The purpose built Fujairah facility opened in January 2003, also includes a warehouse and crew accommodation, in addition a new crew boat was purchased in 2003, with a second crew boat due shortly. In 2005, V.Ships Agency has been actively exploring opportunities for further agency operations in conjunction with JV partners IMC in Taiwan, Thailand and the merging operations in mainland China for the two companies. Further developments include India, South America and US Gulf, as well as worldwide logistics operations.

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