H

business and commercial management services for ships used in transportation of goods; providing electronic tracking of freight information to others, namely, providing vessel status, cargo location and shipping status information

financial risk management services in the area of freight market exposure, namely, establishment of joint venture structures with profit sharing between partners [ and the employment of tanker freight derivatives and bunker derivatives to hedge risk]

freight ship transport services; seaborne loading, transportation and discharge of clean and dirty petroleum products, crude oil, chemicals and vegetable oils; operation of floating marine storage for clean and dirty petroleum products, crude oil, chemicals and vegetable oils; chartering and subletting ships to vessel pools directly and through joint ventures; providing information regarding vessel chartering services, ship brokerage, cargo documentation, and routing schedules by an interactive website on a global computer information network to customers and pool partners