Environmental treatment through simple and flexible solutions. Thursday, 16 February, 12

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1 Environmental treatment through simple and flexible solutions

2 Optimarin AS 1995 Founded by H. Nilsen, Stavanger, Norway 1998 Started development OBS 2000 First installation Regal Princess 2007 Compliant to IMO regulation D Type Approval and sales activities 2011 Successful Establishment in Asia. Several large orders from major Asian Shipowners and yards 2012 Q1 - More than 126 systems signed for, >20 installed and in operation

3 Sales and marketing network ü Main Office, Stavanger, Norway ü Office, Bremen, Germany ü Office, Tokyo, Japan ü Office, Stamford, CT, USA ü Office, Newcastle, UK ü Office, Busan, Korea ü Sales Agents ü Korea, Busan ü China, Shanghai ü Japan, Tokyo ü India, Chennai, Mumbai ü Greece, Piraeus, Cyprus ü Germany, Bremen ü Italy, Genoa ü Turkey, Istanbul ü Holland, Rotterdam ü Spain, Madrid ü Poland,Gdynia ü Sweden, Goteborg ü Sales Agents (cont d) ü France, Monaco ü France, Paris, Marseilles ü Russia, St. Petersburg ü UAE, Qatar ü Iran ü USA, West Caldwell ü Brazil, Rio, San Paulo ü Croatia, Rijeka ü Service Partners ü Maritime GMC, Stavanger ü Valsamis, Houston, TX, USA ü Chidambaram, India ü Singapore ü The Netherlands, Rotterdam ü Brazil ü Goltens 3

4 IMO regulation Status of ratification 33countries as per 23/ ,46% tonnage Planning Dry docking intervals 2-5 years Planning is crucial all ships

5 Number of Retrofitting Source: MEPC 61/2/17

6 Optimarin Philosophy

7 Optimarin Philosophy KEEP IT SIMPLE! Few Components Easy to Install Easy to Operate Minimal Maintenance

8 Optimarin Philosophy Simplicity is the ultimate Sophistication - Leonardo da Vinci - KEEP IT SIMPLE! Few Components Easy to Install Easy to Operate Minimal Maintenance

9 KNOWN TECHNOLOGIES FILTRATION UV-LIGHT TAKEN ONE STEP FURTHER

10 CLEAN BALLAST WATER

11 CLEAN BALLAST WATER 334m3/h

12 Optimarin Ballast System Ballast in MicroKill Filter removes larger organisms / particles MicroKill UV kills or inactivates life Ballast Out Bypass filter MicroKill UV 2nd treatment kills remaining life, ensure compliance IMO Requirement

13 MicroKill Filters Two types for redundancy and ease of installation Boll & Kirch Candle type FilterSafe Basket type

14 MicroKill filters Two filters certified Low pressure loss to 0.5 bar Horizontal or vertical Self cleaning/back flushing

15 Scalable UV One UV lamp per UV chamber Each chamber handles up to 167 m 3 /h UV installed in parallel on manifold Up to any capacity (no limitation) Power regulated on water quality 50 to 60 % under normal water conditions Max 35 kw per UV lamp Ensures compliance in worst case water

16 MicroKill UV System Standard pipe components Few parts Compatible with Stripping operations Easy/low maintenance NO NEED to clean - No moving parts or acids Monitoring Flow and temperature UV intensity

17 1500 m 3 /h

18 500 m 3 /h system

19 500 m 3 /h system

20 1000 m 3 /h system

21 1000 m 3 /h system

22 167 m 3 /h skid system

23 500 m 3 /h skid system

24 Control System

25 OPEX 167m3/h (1 UV-lamp) Spare parts: ~ 1000 / year (all necessary spares averaged over 1 year) Electricity costs: ~ 580 / year (per 167m3/h yearly as per below) Total: ~ 1580 / year Electric Consumption System average consumption: 20 kw One round trip: 30 days # of trips / year: 12 # of ballast operations: 12 times # of de-ballast operations: 12 times Ballast/De-ballast time: 12 hours Hours of yearly operation: 288 hours Yearly total energy consumption: 5,760 kwh Cost per kwh: 0. 1 / k W h Yearly total Electricity cost: 576

26 Certification / type approval Tested by Verified by Type approved by

27 Test results ü Based on 10 land based type approval tests at NIVA ü Operational track record since 2000 ü Type approved system in operation since Q ü >20 systems installed and in operation Q1-2012

28 CLEAN BALLAST WATER

29 A wide range of customers Note: Ship-owners and yards with at least one Optimarin order 26

30 A wide range of vessels

31 Long time experience First Installation in 2000 Proven in field Neptune Offshore - Neptune Despina

32 Installed System > 20 Gulf Offshore - North Mariner

33

34

35

36 Summary Optimarin key benefits Environmentally friendly Simple and Flexible design Ready for stripping operations Few movable parts Low need for maintenance Integrated ballast system No extra noise Low weight / small foot print Experience

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