Edmund Gibbons

The Group's principal activity is to provide seaborne transportation for the movement of crude oil and petroleum products. The V-MAX tankers currently trade from West Africa to North America and carry crude oil. The Panamax tankers currently trade in the North, South and Central Americas and carry crude oil and also dirty products, such as fuel oil. The Product tankers currently trade in the Caribbean and the Transatlantic and carry clean products such as gasoline, diesel and jet fuel.

Syncora Holdings Ltd. engages in the provision of financial guarantee insurance and reinsurance through its subsidiary, Syncora Guarantee, Inc. It also provides other credit enhancement for debt obligations in the U.S. and international capital markets. The company was founded on March 17, 2006 and is headquartered in Hamilton, Bermuda.

Rathgar Capital Corp. engages in financing activities to raise funds for the business operations. The company is based in George Town, Cayman Islands. The Caymanian company is ultimately controlled by the State of North Rhine-Westphalia.

Colonial Group International Ltd. provides insurances services. It offers employee benefits, personal insurance, as well as business, office and professional insurance services. The company also offers pension and retirement services. Colonial Group International is headquartered in Hamilton, Bermuda

General Maritime Corp. provides seaborne crude oil transportation services. It also provides transportation services for refined petroleum products. The company owns and operates diverse fleets of tankers. Its fleet consists of 30 wholly-owned vessels: seven VLCCs, 12 Suezmax vessels, eight Aframax vessels, two Panamax vessels, and one Handymax vessel. It was founded in 1997 by Peter C. Georgiopoulos and is headquartered in New York, NY.