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Chemoil / All Round Fuel Trading Debut New Barge

Maritime Activity Reports, Inc.

April 28, 2003

The 6,745 metric tonne (mt) Maxima is now operational in Rotterdam. The Maxima represents the future for European bunker supplies. The double-hulled tanker barge was launched in Rotterdam of the Maxima. Jointly owned by bunker supplier Chemoil / All Round Fuel Trading BV (Chemoil/ARFT), fuel oil transportation company FTS/Hofftrans, and shipbuilder Breko Nieuwbouw under the name Maxima Tankers BV, the Maxima will begin operations on April 29.

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