Thor-Breeze

Thoresen Thai Agencies Public Company Limited (“TTA ”) confirms that Thoresen Shipping Singapore Pte. Ltd., which is a wholly owned subsidiary of TTA, officially took delivery of M.V. Thor Breeze from Vietnam Shipbuilding Industry Group, Vietnam (“Vinashin”) on 20 August 2013, said in the company's press release. This most recent addition to the Thoresen fleet reaffirms the company’s long-term strategy to own and operate a modern and competitive dry bulk shipping fleet with low operating costs. The Vessel has a 53,506 deadweight ton (“DWT”) capa city double skin Supramax Bulk Carrier and was ordered in September 2007. It is fully equipped with four cargo cranes, each of which has a safe working load of 36 metric tons (M.V. Thor Breeze is the second newbuild vessel ordered from Vinashin). After the delivery of M.V. Thor Breeze, the Thoresen owned fleet will consist of 18 vessels with an average size of 48,902 DWT and an a verage age of 10.63 years.