Roger Woods

Part of FSL Asset Management Pte Ltd., FSL Trust Management Pte Ltd. operates as an investment management firm. The private company is based in Singapore, Singapore.

Fr8 Ship Brokers Ltd. operates globally, with activities encompassing the commercial operation of a fleet of chartered-in and owned oil tanker vessels. Through its offices in Singapore, London and Mexico, FR8 operates in all key geographic regions, spanning the US, Europe, the Middle East and Asia. The Company is engaged in the transportation of a broad range of clean oil products including gasoline, gasoil, naphtha, jet and kerosene, as well as dirty oil cargoes such as fuel oil and crude oil on all major shipping routes including the Atlantic, Mediterranean, North Sea, Arabian Gulf, Far East, Caribbean and the Gulf of Mexico. The Company has demonstrated strong growth since its inception in 2003 and has recently been managed optimally to balance risk exposure in light of a more challenging tanker market environment since 2009. FR8 operates a fleet of modern and well-maintained oil tankers.

Part of Projector SA, FR8 Singapore Pte Ltd. is a private company that provides freight shipping services. The company is based in Singapore, Singapore. FR8 Singapore was acquired by Projector SA on March 12, 2007 for $85.99 million.

Tamoil Shipping Ltd. provides water transportation services. The private company is based in London, UK.

Ugland Brothers Ltd. provides shipping services.