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Eagle Turin Delivered to AET

Maritime Activity Reports, Inc.

February 15, 2008

Tanker owner-operator AET welcomed the newest addition to its rapidly growing fleet with the naming and delivery of the 107,000 dwt Eagle Turin at the Imabari Shipyard at Koyo Dockyard in Japan. Eagle Turin, which will fly the Singapore flag, becomes the 49th aframax vessel operated by AET and brings the company’s total fleet of tankers to more than 70. Guests of honour at today’s naming ceremony were Andy Viens, General Manager Global Marine for AET customer ConocoPhillips, and his wife Linda Viens. Also present were Dato Shamsul Azhar Abbas, President and CEO of MISC Bhd and Chairman of AET; Amir Hamzah bin Azizan, President and CEO of AET; Yukito Higaki, President of Imabari Shipbuilding Company; and Takao Sunami, Chief Operating Officer of Mitsui & Co, which provided broking and financial services. The next two months will also see AET expand its presence in the product tanker market with two new in-chartered 46,000 dwt MR2 tankers entering into service by the end of March. AET’s commitment to building a global fleet designed to fulfil its customers’ total seaborne logistics requirements has seen it quickly become one of the world’s leading petroleum tanker operators. In the five years since it was acquired by MISC Berhad, it has become the leading operator of aframax tankers in the Atlantic basin, as well as the premier provider of lightering services in the US Gulf.

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