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To: Dennis Roth who wrote (184997)	8/5/2014 12:18:19 PM
From: Dennis Roth	1 Recommendation Recommended By evestor of 206181

Shanghai Bestway to Supply 200 LNG-powered Domestic Cargo Vessels August 5, 2014 \| China, Shanghai ngvglobal.com Shanghai Bestway Marine Science and Technology Development Co., Ltd., a wholly owned subsidiary of Shanghai Bestway Marine Engineering Design Co., Ltd, recently signed three contracts to deliver liquefied natural gas (LNG) -powered vessels to Green Power Water Transport Co., Ltd, a Chinese domestic waterways transportation company. The cumulative value is RMB 650 million (USD 105 million). The contracts are for 200 dry cargo vessels: 100 x 600 dwt – USD 48 million 50 x 800 dwt – USD 28 million 50 x 1000 dwt – USD 29 million The transactions are between related parties. Green Power Water Transport is 25% owned by Shanghai Bestway Marine Science and Technology Development and 10% owned by another subsidiary of Shanghai Bestway Marine Engineering Design. It is understood the vessels are to be delivered in 2015. (Source: Shanghai Bestway Marine Science and Technology Development)

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