Dramar Shipping Co.

Dramar Shipping Trading group was founded on March 23, 1984, in Istanbul, Turkey, as a perpetual entity and with a very broad mandate to engage in the business of investing in, owning and operating of ocean-going vessels and also to execute all other functions needed to be performed in relation with the shipping operations. Since its foundation Dramar Shipping has owned and managed number of ships in worldwide trade. Dramar Shipping offers relability and profesionalism to provide the very best services meeting its customers transport needs and requirements.--The Company will be operating its vessels under Turkish / International flag and manned by well qualified Turkish and / or Foreign officers and ratings with full affiliation and on agreement with ITF. The Company will again be hiring selectively among the officers and ratings in the pool that had proven themselves well trained, capable, disciplined and loyal. As the times require, the Company also intends to introduce additional measures that will further enhance its already excellent relationships with its employees.----Nine full-time staff dedicated to perform overall management and administrative functions are currently being employed by the Company. Four of these employees are directors with executive powers in the Company. The Company's activities are planned and carried out with below goals.--- No personnel injuries.--- No environmental incidents.--- No accidents.--- No damage to equipment and property.--- No loss time in operation.