Intermodal Marine Lines, LLC 1819 S.E. 17th Street

Suite 1503 Ft Lauderdale, Florida 33316

Phone: 954-889-6852 FAX: 954-761-1718

Mark W. Yonge, Managing Member

Email: mark.yonge@intermodalmarine.com Website: www.intermodalmarine.com

July 26, 2011

1

“Development of a new

Marine highway

vessel design Utilizing European

Technology &

Collaboration”

First U.S. - European Workshop

“Technology Transfer and

Promotion for Marine Highways”

July 26 – 27, 2011

Hosted by:

George Mason University

Fairfax, VA

A Section 2, 100% U.S. Owned ship operating/ship management

company based in Ft Lauderdale, Florida

Developed a Proprietary, Dual-Use, Dual-Fuel, high Capacity intermodal marine highways, Jones Act Ro/Ro vessel design

Developer of Domestic and nearby foreign Marine Highway routes Provider of services as operator and/or charterer to U.S. or Foreign

vessel leasing and/or ship operating companies desiring to build Jones Act Vessels for America‟s Marine Highways

Provider of intermodal shore side infrastructure design and management necessary for efficient point to point intermodal cargo transportation

July 26, 2011 2

History

“Lessons Learned”

July 26, 2011 3

July 26, 2011 4

National Shipbuilding Research Program

Advanced Shipbuilding Enterprise

„SHIPBUILDING OPPORTUNITIES IN

MARINE HIGHWAYS‟ WORKSHOP

CHARLESTON, S.C. - OCTOBER 23, 2008

FEATURED OVER 40 PARTICIPANTS FROM SIX U.S. SHIPYARDS, FOUR

INTERNATIONAL SHIPYARDS(FINLAND, GERMANY, ITALY, NETHERLANDS)

AND NAVAL ARCHITECTURE FIRMS, AND NUMEROUS DOMESTIC SHIP DESIGN AGENTS.

Two key strategies were explored:

virtual shipbuilding and international partnerships

“The workshop examined the most pressing issues

necessary for making Short Sea Shipping [another term for

Marine Highways] a near term reality.”

History–Prior U.S. - European

Shipbuilding Collaboration

“Dual-UseRoRo” Series

STX/IML #L10-052-601-01

Dual-Use

Dual Fuel: LNG/MDO Hi-Capacity-Multi-modal

RoRo

Marine Highway Vessel

July 26, 2011 5

“Development of new Marine highway vessel design

Utilizing European Technology & Collaboration”

Business Plan Basics

Development of domestic and Nearby Foreign Ro/Ro

“Intermodal Marine Highway‟s”

July 26, 2011 6

Develop a viable commercial vessel design and qualify as U.S.

Navy Dual-Use Marine Highway vessel meeting RRF

requirements and accommodate National Defense Features, ie:

Dual Use/Dual Fuel LNG vessel capability that meets

the IML business model and US Government needs.

Operational features compatible for U.S. Military Sea Lift

needs and ready reserve capacity

Adequate Deck heights

Water tight stowage for CH-47 Chinooks,

A deck load of M-I Abrams tanks at 68 Short Tons

Quarters for force protection personnel,

Portable ramp capabilities

Long Range capability

Ability to load/discharge in “austere Ports”

Challenge

Navy Official Calls for a Fleet of Dual-Use Marine Highway Ships* *JOC July 13,2011

July 25, 2011 7

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Through collaborative design effort with one of the premier naval

architecture firms in the world, Intermodal Marine Lines, LLC

(“IML”) has developed a unique ship design utilizing STX

European proven design and technology, for a high-capacity, RoRo Cassette vessel

STX Canada Marine Inc.

STX US Marine Inc. wholly owned subsidiary of STX Offshore and Shipbuilding in South Korea

(one of the world’s leading shipbuilding groups,) (Shipyards Worldwide)

International Capabilities and Experience

Extensive RoPax/RoRo design inventory

Canada/European Collaboration July 25, 2011

stx Canada Marine

Benefits of Candidate Vessels from STX

Use of proven hull and machinery

installation

Availability of detailed information to US Shipyard including:

Detailed design drawing package

Procurement specifications

Equipment purchase orders

Production schedule

Ship building Technology Transfer

July 26, 2011 9

Candidate Vessels for IML from - STX - Finland

M.V. Star built in 2008 for Tallink Lines M.V. Spirit of Tasmania (formerly “Superfast III”)

M.V. Color Superspeed built in 2009 for Color Line M.V. Contentin, built 2007

***IML Hull L10-052-602

July 26, 2011 10

Approach

STX Finland RoPax Design

M/V Continen – built 2007

Modern State of the Art

Hull form - Low resistance

Proven in successful service

Proven Build/Shipyard Technology transferable to

U.S. Yards

M/V Intermodal Marine No. 1 Hi-Capacity RoRo –

Multi-modal - Dual-Use

Dual Fuel: LNG/MDO

Marine Highway vessel

July 25, 2011 11

IML L10-052-601-1

T U GT U G

July 26, 2011 12

July 26, 2011 13

July 26, 2011 14

New Bow Technology

from STX/OSV Norway

Aker Solutions‟ new deepwater intervention vessel “SKANDI AKER

New Bow Form

Most vessels operate in low to moderate sea states (up to SS5)

for >90% of the time. The new bow form is used to lower resistance in calm to moderate sea states and still provide good

resistance and reduced pitch motions at high sea states.

(Bow Under STX Marine design consideration for incorporation into IML Marine Highway vessel)

July 25, 2011 15

RoRo Cassette cargo handling system Containerized and/or Unitized cargoes Cassette System

“Double Container Stacking”

TTS Marine - Finland

Summary Benefits of a Cassette System

• High load capacity

• Short turn-around times • Reduced lashing

• Optimized use of space

• Faster loading and unloading

• Lower occurrence of handling damage

• No load-securing labor

• Low running costs

• Safer operation • Pre-loading concept equalizes

utilization of equipment and labor

July 25, 2011 16

Cassette Stowage 11-14% better utilization of deck space

The cassette system has a higher loading capacity than any other handling method.

Loading and unloading capacities for various methods:

• Cassette system 540 ton/h • Roll trailer system 300 ton/h

• Semi trailer 180 ton/h

• Forklift truck handling 30 ton/h

RoRo Cassette Advantages July 25, 2011 17

LNG as a Maritime Fuel – Norway & Finland

July 26, 2011 18

July 25, 2011 19

Wartsila Dual fuel engines

– Finland

July 25, 2011 20

Proprietary Dual Use/Dual Fuel high speed American Marine

Highway‟s Ro/Ro ship design developed from existing proven

and operating STX Marine vessel designs

RoRo Cassette cargo handling system – Provides High

Capacity vessel utilization and low cost terminal operations

LNG-Dual Fuel to provide for future ECA/EPA/IMO regulations

Qualifies for Dual-Use Marine Highway Vessel certification

Provides National Defense Feature Capability and U.S.

Navy versatile Ready Reserve Capacity and Capability

Project Design Achievements

utilizing European technology

July 25, 2011 21

IML Hull L10-052-601-1

“Dual-UseRoRo” Series

LOA – 191.8M

Vessel Cargo Capacity: 3803 Lane Meters

141 – 53‟ Trailers on wheels + 138 Double Stacked 53‟ Containers loaded on cassettes on the main deck.

Total – 285 – 53‟ containers on cassettes & trailers on wheels or 216 – 53‟ trailers on wheels

Vessel Power: 28.5MW Dual Fuel – IFO/LNG Wartsila: 2 x 9V 8,550 kw and 2x6V 5,700kw

24.5-25.3 K at full power in calm water.

Planned voyage speed at sea is 18-22 K.

July 25, 2011 22

• New Domestic Intermodal Marine

Highway

Service –1st ship delivery (Est.) - 2015 • Dual Use/Dual Fuel/Multi-

modal/Hi-Capacity RoRo

• 285-53‟ Containers and/or Trailers and/or unitized cargoes

• Jacksonville/Paulsboro Hour of

day/Day of week – 1st

Developed Route – MOU with

South Jersey Port Corporation

• Additional M-95, M5, M10 Long

haul routes under development

July 25, 2011 23