Operational Highlights:

* During 2007 we operated an average of 20 vessels earning a daily Time
Charter Equivalent (TCE) rate of $ 16,578, (2006: 18 vessels earning a daily
TCE rate of $ 13,243)
* The container vessels 'MSC Scotland' and 'Vasos' operated for the full
2007 and the container vessels 'MSC Finland', 'Anafi', 'MSC Accra', '
Bosporus Bridge', 'Gitte' and 'MOL Brilliant' contributed in part
* On December 31, 2007 our fleet included 24 operational vessels, 1 vessel
under reconstruction with delivery in 2008 and 8 new-build vessels with
expected delivery between 2008 and 2011, compared to 19 operational vessels
on December 31, 2006 and 1 vessel under reconstruction.
* The reconstruction of the fire damaged container vessel 'Fortune' is at
the final stage and is expected to contribute to the 2008 profitability