Mr. Ted C. Petrone
President
Navios Corporation, Navios Maritime Holdings (NYSE: NM)
Mr. Ted Petrone became a director in May 2007 having become President of Navios Corporation in October 2006. He heads Navios' worldwide commercial operations. Mr. Petrone served in the Maritime Industry for 30 years, of which 27 were with Navios. After joining Navios as an assistant vessel operator, Mr. Petrone worked in various operational and commercial positions. For the last fifteen years, Mr. Petrone was responsible for all the aspects of the daily commercial Panamax activity, encompassing the trading of tonnage, derivative hedge positions and cargoes. Mr. Petrone graduated from New York Maritime College at Fort Schuyler with a B.S. in Maritime Transportation. He served as a third Mate aboard U.S. Navy (Military Sealift Command) tankers for one year.

Mr. Dale Ploughman
Chief Executive Officer
Seanergy Maritime Holdings (NASDAQ: SHIP)
Dale Ploughman, Seanergy Maritime, has served as a member of our board of directors and our chief executive officer since May 20, 2008. He has over 43 years of shipping industry experience. Since 1999, Mr. Ploughman has been the chairman of South African Marine Corporation (Pty) Ltd., a dry bulk shipping company based in South Africa and affiliate to members of the Restis family, and the chairman of the Bahamas Ship Owners Association. In addition, Mr. Ploughman has served as president, chief executive officer and a director of Golden Energy Marine Corp. since February 2005. Mr. Ploughman also serves as president and chief executive officer of numerous private shipping companies controlled by members of the Restis family. From 1989 to 1999, Mr. Ploughman was the president of Great White Fleet, a fleet owned by Chiquita Brands International Inc., which was one of the largest shipping carriers to and from Central America. Mr. Ploughman has previously worked as president and chief executive officer of Lauritzen Reefers A.S., a shipping company based in Denmark, the managing director of Dammers and Vander Hiede Shipping and Trading Inc., a shipping company based in the Netherlands and as the chairman of Mackay Shipping, a shipping company based in New Zealand. He holds degrees in Business Administration and Personnel Management and Master's level Sea Certificates and was educated at the Thames Nautical Training College, HMS Worcester.

Mr. Akis Tsirigakis
Chief Executive Officer
Star Bulk Carriers Corp. (NASDAQ:SBLK)
Akis Tsirigakis is the founder, President and Chief Executive Officer, of Star Bulk Carriers Corp. (SBLK) and its predecessor Star Maritime Acquisition Corp., a Special Purpose Acquisition Company or SPAC since its inception in May 2005. Mr. Tsirigakis is experienced in ship management, ship ownership, ship-building. He had formerly served on the board of directors of DryShips Inc., a Nasdaq listed company. From November 2003 until December 2007, he was the Managing Director of Oceanbulk Maritime S.A., a dry cargo shipping company that has operated and managed vessels aggregating as much as 1.6 million deadweight tons of cargo capacity and which is part of the Oceanbulk Group of affiliated companies involved in the service sectors of the shipping industry. Since November 1998, Mr. Tsirigakis founded and has been the Managing Director of Combine Marine Inc. a company that provides ship management services to third parties. From 1985 to 1998, Mr. Tsirigakis was Vice-President and Technical Director of Konkar Shipping Agencies S.A. of Athens, managing at the time 16 dry bulk carriers, tanker/combination carriers and multi-purpose vessels. From 1981 to 1985, Mr. Tsirigakis was Technical Manager of Arkon Shipping Agencies Inc. of New York, an affiliate of the Archirodon Construction Group. He is a member of the Technical Committee (CASTEC) of Intercargo, the International Association of Dry Cargo Shipowners, President of the Hellenic Technical Committee of RINA Classification Society and a member of the Technical Committee of Bureau Veriatas. Mr. Tsirigakis in 1979 received his Masters degree (BSc 1978) in Naval Architecture from the University of Michigan, Ann Arbor and has three years of seagoing experience.

Mr. Joseph E. Royce
President, Chief Executive Officer, Chairman and Director
TBS International (NASDAQ:TBSI)
Mr. Royce has been President, Chairman and a director since our inception, and Chief Executive Officer since March 2005. Since 1993, Mr. Royce has served as President of TBS Shipping Services and is responsible for supervising the vessels in our breakbulk, bulk and liner operations. Between 1984 and early 1993, Mr. Royce was President of COTCO, a dry cargo pool of over 45 vessels. From 1973 to 1983, he was active as a shipbroker and independent ship operations manager involved in the shipment of various products worldwide. Mr. Royce has served as a director of Covenant House New York, the not-for-profit adolescent care agency, since 2007.

Mr. Scott Burk, CFA
Executive Director Equity Research
Oppenheimer & Co.
Scott Burk is an Executive Director and senior analyst at Oppenheimer covering the ocean shipping industry, focusing on the tanker, dry bulk and container leasing sectors. Before joining Oppenheimer in 2008, he covered ocean shipping at Bear Stearns. He was recognized as the top stock picker in industrial transportation by the Wall Street Journal's "Best on the Street" report for 2007. Previously, Scott covered oil and gas exploration and production stocks at Bear Stearns and at Frost Securities. He began his career as a petroleum engineer with Shell Oil Co. with responsibility for several large Gulf of Mexico oil and gas fields. He earned a B.S. in chemical engineering from Brigham Young University and an M.B.A. with a finance emphasis from Tulane University.