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COMPANY PRESENTATION
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▪ Newport Shipping UK LLP (“Newport” or the “Company”) was established in the UK in 2011 with vesselmanagement, design, construction and repair experience dating back to the 1960s
▪ The Company provides dry-docking, retrofit and financing services with a low carbon focus in 12 yardswith 28 docks capable of handling approximately 2,100 repairs annually of all vessel classes and sizes
▪ Dry-docking business has a steady flow given all vessels require ongoing maintenance every 2.5 yearsand 5 years in addition to adhoc repairs required to sail
▪ Retrofitting business is benefiting and will continue to do so from the IMO ambition for a zero-emissionsshipping industry as all existing and ordered vessels need to comply with stricter environmentalregulations
COMPANY INTRODUCTION
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1971Newport founding members’
establishment of the initial
shipyard
2013Established subsidiary Ecoships
Gemi Isletmeciligi AS which
managed 4 bulkers and 4 small
chemical tankers
Full technical and commercial
management of shipyard in Turkey
with more than 600 repair and
conversion projects delivered
2018Global offices in Istanbul, Athens,
London, New York, Singapore, Shanghai
& Oslo. Corporate agreements with 8
shipyards in China, Singapore &
Indonesia signed, as well as cooperation
agreements with market leading
engineering company Goltens
2011Newport Shipping UK
LLP established
2016Global expansion of ship repair
and conversion businesses
additional offices opened in
main shipping hubs
2019Additional cooperation
agreements signed with
scrubber manufacturer; Clean
Marine and Middle East
shipyards.
Deal pipeline grew significantly
as IMO 2020 looms
COMPANY TIMELINE
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LONDON
FINANCE
RISK MANAGEMENT
MARKETING & SALES
INVESTOR RELATIONS
ATHENS
SHIPYARD
TECHNICAL & ENGINEERING
MARKETING
INVESTOR RELATIONS
MARKETING & SALES
INVESTOR RELATIONS
ISTANBUL NEW YORK OSLO SHANGHAI SINGAPORE
GLOBAL OFFICES
MARKETING & SALES
TECHNICAL & ENGINEERNG
MARKETING & SALES
TECHNICAL ENGINEERING
SHIPYARDS
INVESTOR RELATIONS
MARKETING & SALES
TECHNICAL ENGINEERING
SHIPYARDS
• 12 shipyards with 28 docks capable of
handling 2,100 repairs annually
• 40+ years experience handling vessel
design, construction and repair
• Strategically positioned within the lower cost
regions in the Atlantic and Pacific zones
• State-of-the-art yards capable of handling all
vessel classes and sizes
• Turnkey solutions for conversion and
retrofitting of EGCS/BWTS/LNG/ESS
• Comprehensive works: equipment
procurement, 3D scanning, class and
detailed engineering and retrofit works at
shipyard or with riding squad
• Guaranteed retrofit slot availability at partner
shipyards at the Atlantic and the Pacific
• Favourable equipment lead time for owners
from order to delivery at the shipyard
• 'Pay as you Earn' payment scheme that
minimizes cash outlay for shipowners
• 'All in One' invoicing to include cost for
equipment, spare parts, painting, etc.
• Up to 60% of total expense deferred over up
to 5-7 years after vessel redelivery
• Immediate earnings uplift for shipowners
through subsequent vessel operations
• No requirement for collateral or mortgage
which frees up working capital for owners
BUSINESS OVERVIEW
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DRYDOCKING RETROFIT
EXTENDED
REPAYMENT
TERMS
DRYDOCKING PROCEDURE
RECEIPT OF TECHNICAL REPAIR SPECIFICATION BY THE SHIPOWNERS
AGREEMENT WITH THE CLIENT
PRELIMINARY BOOKING CONFIRMATION
TECHNICAL PARTS ORDERS
VESSEL’S ARRIVAL TO THE SHIPYARD
VESSEL DELIVERY
With our qualified team globally, we can work on the specifications with quick response time.
Contract will be signed with the shipowners according to their technicalspecifications.
All technical parts can be ordered and delivered to the shipyard before the vessel’s arrival.
Priority will be given at all our partner shipyards. After arrival, the ship repair plan will be submitted and vessel will be delivered per contract time.
Vessel redelivery will take place upon signing of the Payment Guarantee Letter.
A preliminary booking can be made for securing the estimated docking spaceand date. If the position of the vessel changes we can offer slots throughother shipyards within our network with identical contract terms.
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2050-21002030-20502020-2030
2020 Sulphur cap
Up to 20% reduction in
carbon intensity of the ship
IMO AMBITION FOR ZERO EMISSIONS FROM THE SHIPPING INDUSTRY
The International Maritime Organization (IMO), through its marine pollution protocol (MARPOL), is seeking convergence to zero
emissions. This has been adopted by member states to address pollution in the oceans but is increasingly being used as an expanding
regulation to encompass emissions reduction measures to the atmosphere. MARPOL Annex VI also requires reductions in NOx
(nitrogen oxide) emissions worldwide. Limits vary according to engine size, type and power. Current limits worldwide are based on a
tiered system which has been tightening limits since 2011 and follows closely the direction taken by the land transport industry.
Mid-term measures to reduce carbon
intensity of the fleet by at least 40%
Long-term measures to reduce carbon
intensity of the fleet by at least 70%
At least 50% reduction of total annual
GHG emissions (requires approximately
85% CO2 reduction per ship)
ZERO
EMISSIONS
ASAP WITHIN
THIS CENTURY
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NEWPORT EXECUTION FOR RETROFIT PROJECT
CONTRACT EFFECTIVE
SUBMISSION OF DESIGN DRAWING
TO CLASS SOCIETY
CLASS APPROVAL OF DESIGN DRAWING
DELIVERY OF RETROFIT SYSTEM
REDELIVERY OF VESSEL
POST-DELIVERY WARRANTY
• Turnkey solutions: equipment procurement, 3D scanning, class and detailed
engineering and retrofitting
• Guaranteed shipyard slot within Newport’s network of shipyards in the Atlantic and
the Pacific
• Competitive lead-time upon receipt of the contractual down-payment
• In-house on-site engineering & commercial team with reputable service partners
• All contracts based on English Law
EXTENDED PAYMENT TERMS
FREES UP WORKING CAPITAL
WITHOUT THE NEED FOR
COLLATERAL,
BANK GUARANTEE,
LETTER OF CREDIT or
PERSONAL GUARANTEE
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YARD NETWORK
• Newport has secured cooperation
agreements with individual shipyards
to form a global network of
strategically positioned shipyard
facilities
• 12 yards with 28 docks capable of
handling approximately 2,100 repairs
annually for all vessel classes and
sizes
YARD NETWORK
1. CICEK SHIPYARD, TURKEY
2. ASRY (Arab Shipbuilding & Repair Yard), BAHRAIN
3. OMAN DRYDOCKS COMPANY, OMAN
4. CSIC TIANJIN XINGANG, CHINA
5. CSSC GUANGZHOU WENCHONG, CHINA
6. ZHOUSHAN LONGSHAN SHIPYARD, CHINA
7. ZHOUSHAN HUAFENG SHIPYARD, CHINA
8. FUJIAN HUADONG SHIPYARD, CHINA
9. PAXOCEAN ZHOUSHAN, CHINA
10. PAXOCEAN SINGAPORE
11. PAXOCEAN PERTAMA, INDONESIA
12. YEOSU OCEAN SHIP REPAIR DOCKYARD, KOREA
YARD FACILITIES
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Yard Name Dock Size Wharfage Total
CICEK SHIPYARD Drydock 215m x 37.5m x 5.75m 410m
PAXOCEAN SINGAPOREFloating Dock #1
Floating Dock #2
Floating Dock #3
122m x 22.8m
195m x 34.7m
187m x 36.5m
900m
PAXOCEAN PERTAMA
Floating Dock #1
Floating Dock #2
Floating Dock #3
186m x 36.4m
235m x 40m
300m x 59m
2,400m
PAXOCEAN ZHOUSHANDrydock #1
Drydock #2
400m x 106m x 13.7m
380m x 80m x 13.7m576m
CSIC TIANJIN XINGANGDrydock #1
Drydock #2
520m x 120m x 13.3m
440m x 80m x 13.3m3,200m
CSSC WENCHONGDrydock #1
Drydock #2
360m x 65m x 13.3m
431m x 74m x 13.3m2,000m
FUJIAN HUADONG
Drydock #1
Drydock #2
Drydock #3
295m x 50m x 14.4m
375m x 72m x 14.9m
245m x 42m x 13.9m
1,300m
ZHOUSHAN LONGSHANDrydock #1
Drydock #2
235m x 40m x 6.5m
310m x 55m x 8.5m900m
HUAFENG SHIPYARDDrydock #1
Drydock #2
425m x 68m x 14.5m
275m x 45m x 13.5m1,520m
ASRY (Arab Shipbuilding & Repair Yard)
Drydock #1
Floating Dock #1
Floating Dock #2
375m x 75m x 8.5m
252m x 44m
227m x 40m
1,380m
OMAN DRYDOCK COMPANYDrydock #1
Drydock #2
410m x 95m x 14.5m
410m x 80m x 14.5m2,800m
YEOSU OCEAN SHIP REPAIR DOCKYARD
Floating Dock #1
Floating Dock #2
Floating Dock #3
230m x 48m x 9m
155m x 25m x 7.5m
129.4m x 23m x 6m
350m
RECENT TRACK RECORD
Over 900 drydocking projects completed to date1111
NO NAME TYPE YEAR DWT COMPANY
1 ASPENDOS SEAWAYS RoRo Ro-Ro Cargo 2020 11,636 DFDS DENIZCILIK VE TASIMACILIK
2 MV MSC SHIRLEY CONTAINER SHIP 2019 29,840 CONBULK SHIPPING SA
3 MV MSC RHIANNON CONTAINER SHIP 2019 29,840 CONBULK SHIPPING SA
4 MV BUDVA BULK CARRIER 2019 35,000 BARSKA PLOVIDBA AD
5 MV KIRAN ASYA Bulk Carrier 2019 66,832 PASIFIK GEMI ISLETMECILIGI
6 MT Emerald OIL PRODUCTS TANKER 2019 47,302 SOCOMAR SRL
7 SINGLE EAGLE (Ro Ro) VEHICLES CARRIER 2019 3,845 RANA MARITIME SERVICES SA
8 MV OKEE ALICIA CONTAINER SHIP 2019 23,419 OKEE MARITIME GMBH
9 MV BAR BULK CARRIER 2019 35,000 BARSKA PLOVIDBA AD
10 M/V VOLZHSKIY 47 GENERAL CARGO 2019 5,017 NORTH-WESTERN FLEET
11 M/V PAVLOVSK GENERAL CARGO 2019 5,375 LINTER LLC
12 MV SEDEF CONTAINER SHIP 2019 12,485 TURKON KONTEYNER TASIMACILIK
13 MT KIBAZ OIL PRODUCTS TANKER 2019 47,094 KIBAZ SHIPPING LP
14 MT OCEAN VENTURE Chemical / Oil Tanker 2019 49,995 OCEANGOLD TANKERS INC
15 MT FALESIA Chemical / Oil Tanker 2019 5,213 ELBANA DI NAVIGAZIONE SPA
16 MV SORMOVSKIY-48 General Cargo 2019 3,346 IS-BIR Shipping
17 MT ARDMORE CHINOOK Chemical / Oil Tanker 2019 25,233 ARDMORE SHIPPING BERMUDA LTD
18 MV WUHU Bulk Carrier 2019 39,182 CHINA NAVIGATION CO PTE LTD
19 MV WUCHOW Bulk Carrier 2019 39,090 CHINA NAVIGATION CO PTE LTD
20 MV OYSTER Container Ship 2018 9,503 NET DENIZCILIK TEKNIK HIZMET
21 PANTHER Container Ship 2018 33,439 Element Shipmanagement SA
22 LEON HERMES Chemical / Oil Tanker 2018 40,165 Leon Shipping & Trading SA
23 LONE STAR Bulk Carrier 2018 35,000 WALLEM SHIPMANAGEMENT LTD
24 AVRA 1 Bulk Carrier 2018 56,698 PALOMA SHIPPING CORP
25 MT MAERSK REMLIN Chemical / Oil Tanker 2018 34,530 V. SHIPS (GERMANY) GMBH
26 MOLESON Bulk Carrier 2018 34,266 SUISSE-ATLANTIQUE SOC. DE NAVIGATION MARITIME S.A
27 MT LEFKARA Chemical / Oil Tanker 2018 49,996 WORLD TANKERS MANAGEMENT PTE LTD,
28 SAFFET ULUSOY Container Ship 2018 9,481 UN RORO ISLETMELERI A.S.
29 UND EGE Ro-Ro Cargo Ship 2018 9,865 UN RORO ISLETMELERI A.S.
30 IBRAHIM DEDE Container Ship 2018 26,811 KALKAVAN SHIPMANAGEMENT & CO
31 PEGASUS ACE Ro-Ro Cargo Ship 2018 14,348 MOL SHIP MANAGEMENT CO., LTD
32 MT ZEFYROS Chemical / Oil Tanker 2018 50,155 BERNHARD SCHULTE SHIPMANAGEMENT
33 BALTIC CAPTAIN I Chemical / Oil Tanker 2018 37,339 COLUMBIA SHIPMANAGEMENT
34 LEYLA KALKAVAN Container Ship 2018 12,123 KALKAVAN SHIPMANAGEMENT & CO
35 EKATERINA Bulk Carrier 2018 26,375 KOMA SHIPPING SERVICE LTD
36 TAOKAS WISDOM Bulk Carrier 2018 31,943 WISDOM MARINE GROUP,
37 TANAIS Bulk Carrier 2018 7,078 DON RIVER SHIPPING JSC
38 MT SEA RIDER Chemical / Oil Tanker 2018 35,775 SEAWORLD MANAGEMENT & TRADING INC
39 MSC ESHA Container Ship 2018 12,854 MEDITERRANEAN SHIPPING CO SA (MSC)
40 GIOVANNI DP Chemical / Oil Tanker 2018 16,882 MARITIME PERFORMANCES BV
41 MUKADDES KALKAVAN Container Ship 2018 26,811 KALKAVAN SHIPMANAGEMENT & CO
42 MV CAFER DEDE Container Ship 2018 26,811 KALKAVAN SHIPMANAGEMENT & CO
GLOBAL PARTNERS
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OFFICE CONTACT ADDRESS
Athens Stavros Leousis(O): +30 210 220 9199(M): +30 695 547 7720 (E): [email protected]
Nezer Christoforou 21 str.Glyfada, 16674 Athens Greece
Istanbul Emre Cesim(O): +90 216 290 77 10(M): +90 533 279 03 94(E): [email protected]
FSM Mh Poligon Cd. Buyaka 2Sitesi 1Blk.Kat: 11 Umraniye Istanbul Turkey
London Wayne Stalley(O): +44 207 099 5252(M): +44 (0) 7826 924 266(E): [email protected]
8-9 Northumberland StreetLondon WC2N 5DAUnited Kingdom
New York (O): +1 646 380 6626(E): [email protected]
1140 Avenue of the Americas9th Floor, New York, NY 10036 USA
Oslo Lianghui Xia(M): +47 9950 6658(E): [email protected]
2nd Floor, Filipstad Brygge 1, 0252 OsloPostboks 1433 Vika, 0115 Oslo Norway
Shanghai Honggang Li(O): +86 21 2043 2288(M): +86 180 1868 8383(E): [email protected]
Room 602, Wanjia Mansion,No.377, Jingao Road, PudongShanghai, China
Singapore Esmond Leong(O): +65 6208 8861 (M): +65 9168 8899 (E): [email protected]
1 Harbourfront Avenue#13-03 Keppel Bay TowerS(098632) Singapore
CONTACT US