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EMMF Strengthens Global Bunkering Team

Maritime Activity Reports, Inc.

January 14, 2004

EXXONMOBIL Marine Fuels (EMMF), a world leading supplier of marine fuels, has undertaken a strategic reorganisation and strengthening of its bunkering team worldwide with effect from January 1, 2004. Dan Bryce is to leave his post as EMMF Americas General Manager to become Adviser, LNG/PGS Business Planning and Support, ExxonMobil Gas and Power Marketing, based in Houston. Meanwhile, Joe Rud, currently EMMF Manager for Marketing and Supply, is relocating from Leatherhead (UK) to Fairfax (USA), to become General Manager Americas, EMMF Fuels Marketing Division. Iain White, currently Business Development Manager, Marine Fuels, Leatherhead, is to become Marine Sales Manager UK/Ireland/Israel, Marine Lubricants, Marine & Aviation Lubricant Sales. Yeo Ek-Thoe, currently EMMF General Manager Asia Pacific, is to become Manager Marketing and Supply, EMMF Asia Pacific Pte Ltd, based in Singapore. The new EMMF Asia Pacific General Manager will be Kim Macmillan, formerly Aviation Manager for Asia Pacific. Sowmi (Krish) Krishnamurthy remains as EMMF general manager Europe, Africa and Middle-East, and Patrick Billy continues as EMMF manager business planning and analysis.

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