Shipping Forum Podcast

KEYNOTE ADDRESS – ONE ON ONE DISCUSSION Ms. Angela Chao, Chair and CEO – Foremost GroupMr. Richard DuMoulin, Owner – Intrepid Shipping; Former Chairman – INTERTANKO

LPG SHIPPING SECTOR PANEL Moderator:Mr. Jorgen Lian, Equity Analyst – DNB Markets, Inc. Panelists: Mr. Anders Onarheim, CEO – BW LPG (OSLO:BWLPG) Mr. John Lycouris, CEO – Dorian LPG (USA) LLC (NSE: LPG) Mr. Jens Ismar, Executive Director Shipping – Exmar (EBR: EXM) Mr. Harry Deans, CEO – Navigator Gas (NYSE: NVGS)

CAPITAL MARKETS PANEL Moderator:Mr. Ted Horton, Partner – Seward & Kissel Panelists: Mr. Loli Wu, Managing Director Investment Banking – Bank of America Merrill Lynch Mrs. Christa Volpicelli, Managing Director & Head of Maritime Investment Banking – Citi Mr. Jae Kwon, Managing Director and Head of Corporate Finance – DNB Mr. Douglas Mavrinac, Managing Director, Global Head Maritime Investment Banking – Jefferies LLC

CONTAINER SHIPPING SECTOR PANEL Moderator:Mr. James Monigan, Senior Associate, Equity Research – Citi Research Panelists: Mr. Jerry Kalogiratos, CEO – Capital Product Partners (NASDAQ: CPLP) Mr. Evangelos Chatzis, CFO – Danaos Corporation (NYSE: DAC) Mr. Aristides Pittas, Chairman & CEO – Euroseas (NASDAQ:ESEA) & Eurodry (NASDAQ:EDRY) Mr. George Youroukos, Executive Chairman – Global Ship Lease Inc. (NYSE: GSL) Mr. Constantin Baack, CEO – MPC Container Ships (OSLO: MPCC)

GLOBAL ENERGY MARKETS IN TRANSITION ONE-ON-ONE DISCUSSION Mr. Martin Houston, Vice Chairman – Tellurian Inc.Mr. James T. Cirenza, Managing Director – DNB Markets, Inc.

DRY BULK SECTOR PANEL Moderator: Mr. Nick Ristic, Lead Dry Bulk Analyst – Braemar ACM Shipbroking  Panelists: Mr. John C. Wobensmith, President & CEO – Genco Shipping & Trading (NYSE:GNK) Mr. Martyn Wade, CEO – Grindrod Shipping Holdings (NASDAQ: GRIN) Mr. Ulrik Uhrenfeldt Andersen, CEO – Golden Ocean (NASDAQ: GOGL) Dr. Loukas Barmparis, President – Safe Bulkers (NYSE:SB) Mr. Stamatis Tsantanis, Chairman & CEO – Seanergy Maritime Holdings (SHIP) 

ALTERNATIVE FINANCE & PRIVATE EQUITY Shipping remains a capital-intensive industry. The changing landscape of finance is enriched with several new platforms which are ready to provide debt financing to the shipping industry. Alternative Finance is becoming a bigger source of capital to the industry next to traditional banks, leasing houses and fixed income capital markets instruments. Furthermore, it is open not just to bigger companies but also to smaller and mid-sized owners, who represent a big portion of the industry. The panel will also discuss the involvement of private equity with shipping. Moderator: Mr. Joshua Apfelroth, Partner – Cadwalader, Wickersham & Taft Panelists: Mr. Richard Jansen, Managing Director – Braemar Naves Mr. Nicolas Duran, Director - Partner – Fearnley Securities Mr. Andrian Dacy, CEO & CIO, Global Head Transportation Group – J.P. Morgan Asset Management Mr. Michael Kirk, Co-Founder and Managing Director –&nb

NAVIGATING THROUGH COVID-19 - The shipping market in Greater Bay AreaONE-ON-ONE DISCUSSIONMr. Benjamin Wong, Head of Transport & Industrial Sectors – InvestHK Mrs. Vanessa Tzoannos, Of Counsel, Marshall Islands/Liberian Law Advisor – Hill Dickinson International 

CHARTING CORPORATE STRATEGY IN A FAST-CHANGING INDUSTRYGrowth & Consolidation, Diversification, Access to Capital, the Public/Private Dilemma, Capital Allocation Strategies As the main artery for the global supply chain, shipping plays a uniquely vital role but remains a fragmented and volatile industry that is undergoing rapid change as the result of technological, regulatory and geopolitical trends. This panel comprised of senior executives of major private and publicly listed companies will examine how companies address critical strategic issues, most of which are common to both small and large companies. Should companies focus on a single or multiple sectors; is consolidation feasible in a fragmented industry and does size create competitive advantages; what are the advantages of being public vs private, what companies expect when they go public and how can they optimize their access to the capital markets. Finally, a debate on alternative capital allocation option – debt reduction, dividends, s

NEW YORK KEYNOTE ADDRESS Mr. Rick Cotton, CEO – NY/NJ Port Authority

NY/NJ LOCAL AND STATE FREIGHT PERSPECTIVES This panel will discuss major initiatives and investments aimed at enhancing the position of New York and the New York Port as a major maritime industry hub Mr. Andrew Genn, Senior Vice President, Ports & Transportation Department – New York Economic Development Corporation (NYEDC) Mr. Sam Ruda, Port Department – NY/NJ Port Authority

CLOSING KEYNOTE ADDRESS The Honorable Mark Wesley MenezesUnder Secretary of EnergyUnited States Department of Energy Global Energy Markets & US Energy Policy

KEYNOTE ADDRESS – A ONE-ON-ONE DISCUSSION“Emerging Stronger for a Better Shipping Future” The discussion will focus on the broader challenges and opportunities for shipping today. Also, how shipping can decarbonize its future and the role of technology. Shell has undertaken extensive research during the last year to understand the views of senior leaders in the shipping industry, and shape its strategy and response to that work. Dr. Henderson will also make the case for action today to reduce emissions and will elaborate on Shell’s view on the pathways to zero emissions in shipping. Dr. Grahaeme Henderson, Vice President, Shipping & Maritime – Shell International Trading and Shipping Ltd. Mr. Theodore Jadick, Managing Director, CEO and President – DNB MarketsConference Chairman

WELCOME REMARKS Mr. Nicolas Bornozis, President – Capital Link, Inc. OPENING REMARKS Mr. Theodore Jadick, Managing Director, CEO and President – DNB Markets - Conference Chairman

PRODUCT TANKER SECTOR PANEL Moderator:Mr. Ben Nolan, Head of Maritime Research – Stifel  Panelists: Mr. Anthony Gurnee, Founder and CEO – Ardmore Shipping Corporation (NYSE:ASC) Mr. Carlos Balestra Di Mottola, CFO – d'Amico International Shipping S.A. (BIT:DIS) Mr. Kevin Kilcullen, CFO – Diamond S Shipping (NYSE: DSSI) Mr. Mikael Skov, CEO – Hafnia (OSLO: HAFNIA) Mr. Robert Bugbee, President – Scorpio Tankers Inc. (NYSE:STNG)

GEOPOLITICS, GLOBAL COMMERCE & SHIPPING The panel will focus on the global impact on the shipping industry by US economic sanctions, trade tariffs, and regulations affecting crew repatriation. The panel will address recent geopolitical developments in these areas and the associated challenges impacting global shipping. Moderator:Mr. John Keough, Partner – Clyde & Co Panelists: Mr. Joshua R. Mater, Senior Sanctions Policy Coordinator, Office of Sanctions Policy and Implementation (EB/TFS/SPI) – U.S. Department of State Mr. Mark O'Neil, CEO – Columbia Shipmanagement Mr. Bud Darr, Executive Vice President, Maritime Policy and Government Affairs – MSC Group Mr. Mike Salthouse, Global Director of Claims – North of England P&I; Director – International Group of P&I Clubs Mr. Valentios (Eddie) Valentis, CEO – Pyxis Tankers (NASDAQ: PXS)

JONES ACT ROUNDTABLE DISCUSSION Moderator:Mr. John Imhof, Shareholder – Vedder Price Panelists: Mr. Dan Warner, SVP & Treasurer – Crowley Maritime Mr. David Grzebinski, President and CEO – Kirby Corporation (NYSE: KEX) Mr. Joel Wine, CFO – Matson, Inc. (NYSE: MATX) Mr. Samuel Norton, President and CEO – OSG (NYSE: OSG) Mr. Dan Thorogood, President and CEO – Seabulk; VP – Seacor Holdings Inc. (NYSE: CKH) Mr. Ben Nolan, Head of Maritime Research – Stifel

SMART SHIPPING - WHAT IS IT ALL ABOUT? The coronavirus has accelerated digitalization in the industry, reducing environmental pollution and improving operational efficiency and safety. As we look ahead, this panel will examine usage of new management models, technology, and collaboration in the shipping eco-system, and how owners, shipyards, ports and other industry stakeholders can use both digital and human intelligence for future growth. Session Keynote Remarks Mr. Vassilios Demetriades, Shipping Deputy Minister - Republic of Cyprus Moderator : Mr. Norbert Kray, Regional Manager Greater China, Maritime and Senior Vice President - DNV GL  Panelists : Mr. Mark Cameron, Executive V.P. & COO - Ardmore Shipping Corporation  Mr. Andreas Hadjipetrou, Managing Director / Chief Commercial Officer - Columbia Shipmanagement  Mr. Owen Fu, Deputy General Manager - Liberian Registry, China  Mrs. Despina Panayiotou Theodosiou, Co-CEO - Tototheo Maritim

CHINESE SHIPYARDS & INTERNATIONAL SHIPOWNERS "ADDRESSING THE NEW LANDSCAPE IN REGULATIONS & TECHNOLOGY".Chinese shipyards have been a major destination of choice for international shipping companies. The discussion will focus on the challenges faced by shipowners and the shipbuilding industry, the challenges of the pandemic, new fuel, ship design and engine requirements as the result of environmental regulations and market/charterer expectations. It will also address the experience and expectations of international owners who use Chinese shipyards for new buildings, repairs and scrubber installations. And will focus on the competitive positioning of Chinese shipyards in the global shipbuilding industry.  Moderator: Mr. Lianjun Li, Partner - ReedSmith Richard Butlers  Panelists: Mr. Swem Sun, Director, COSCO SHIPPING HEAVY INDUSTRY CO, LTD  Mr. Brian Nixon, Managing Director - Lavinia Bulk Shipping / Laskaridis Shipping  Mr. Theo Baltatzis, Managing Directo

A NEW ERA FOR EQUITY INVESTMENT IN SHIPPINGShipping is a capital intensive industry. China is the world’s largest shipbuilding, ship owning, ship financing nation, also the largest importer and exporter. With decades of development, we are now at a stage to discuss whether and how we can explore more opportunists in this industrially. Panelists will look back in time and ahead to discuss about the opportunities and challenges in this emerging market. Moderators :Mr. Vincent Xu, Consultant - Stephenson Harwood Ms. Simone Liu, Of Counsel – Stephenson Harwood  Panelists : Mr. Nilesh Tiwary, Manager - Drewry Maritime Financial Research Mr. Steven Xiao, Director - Equator Fund  Mr. Su Ning, Director - Equator Fund; Founding Partner - Front Line Capital  Ms. Song Lingling, Director General Manager - DCL Investment