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Neptune Orient Lines (NOL) is up there in the pantheon of the world's largest container shipping and logistics companies. Through its APL subsidiary, NOL provides container transportation on the world's major ocean trade routes with a fleet of about 140 vessels. Container shipping services account for about 80% of the company's sales. Its APL Logistics unit provides supply chain management services, primarily in the Americas but also in the Asia/Pacific region and Europe. A third business, APL Terminals, operates container terminals in the Americas and the Asia/Pacific region. Through various entities, the government of Singapore controls about two-thirds of NOL.

NewLead Holdings Ltd. is an international shipping company that owns a fleet of dry bulk carriers and double-hull product tankers. We provide ideal solutions for sea transportation requirements and play a significant role in meeting the worldwide demand for distribution of petroleum products and dry bulk commodities. With an experienced management team focused on operational excellence and the ability to leverage strong relationships with significant customers, industrial partners, financial institutions and shipyards, we will endeavor to capitalize on the dynamics of the shipping industry, expand the Company and create shareholder value. NewLead Holdings Ltd. is a Bermuda-registered company that trades on the NASDAQ Capital Markets under the symbol “NEWL.”

Founded in 1937, Nippon Express also sells petroleum products and leases containers. One of Japan's largest transportation companies, Nippon Express moves all sorts of freight. The company's largest business, motor transportation, operates under brands including Arrow. Besides general freight transportation, Nippon Express offers moving services and transportation of items such as cash and construction equipment. Nippon Express also provides warehousing services and air, ocean, and rail freight forwarding. The company operates from facilities throughout Japan, which accounts for the vast majority of its sales, and in more than 35 other countries around the world.

Nippon Yusen Kabushiki Kaisha, known as NYK Line, is at home in ports around the globe. With a fleet of about 780 vessels, the company is one of the world's largest marine transportation providers. The NYK Line fleet includes bulk carriers, containerships, tankers, and a variety of specialized vessels, including car carriers and liquefied natural gas (LNG) carriers; overall, the fleet has a capacity of more than 50 million deadweight tons (DWT). In conjunction with its marine transportation business, NYK Line offers such logistics services as customs clearance, supply chain management, and warehousing, and it operates marine terminals.

Nordic American Tanker Shipping Ltd. ("NAT") was incorporated in Bermuda in 1995. In September 1995 NAT sold securities to the public in the US and in Europe. The shares are today trading at the New York Stock Exchange ("NYSE"). The proceeds from the first offering (and subsequent exercise of warrants) were used to acquire 3 new suezmax double hull crude oil tankers (151,000 dwt) built at Samsung Heavy Industries Co. Ltd. to very high specifications. The three vessels ("Nordic Hawk", "Nordic Hunter" and "Gulf Scandic") were all delivered during the autumn of 1997 and commenced a seven-year bareboat charters to British Petroleum ("BP") immediately after delivery. The charter was based on the spot market rates at all times; with a minimum guaranteed rate. NAT's bye-laws restricted the company from acquiring additional vessels or concluding other business during the charter to BP. As the charters were close to expiry, an Extraordinary General Meeting was called for in March 2004 to decide if NAT should be wound up, or continue as an active operating company in October 2004. An overwhelming majority of the shareholders voted to continue, and in October 2004 the charter to BP expired, the restricting bye-laws were effectively changed and NAT became an active operating company.

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