I.M. Skaugen - Annual Report 2006

NEWBUILDING PROGRAMME

The first 3200 cbm LPG carrier – Mei Wen Ti – was successfully delivered on 3rd January, 2007.

Vessel	Type	CBM	DWT	Tanks	Temp	IMO Bar	LOA	Exp. Delivery
Mei Wen Ti	LPG Pressurized carrier	3 200	2 600	2	Ambient	17.4	96	1Q2007
TBN	LPG Pressurized carrier	3 200	2 600	2	Ambient	17.4	96	2Q2007
TBN	LPG Pressurized carrier	3 200	2 600	2	Ambient	17.4	96	1Q2008
TBN	Special. LPG/Eth/ Chemical combo carriers **	5 800/ 9 700	10 200	04/11	-104	3.8	109.5	1Q2008
TBN	Special. LPG/Eth/ Chemical combo carriers **	5 800/ 9 700	10 200	04/11	-104	3.8	109.5	4Q2008
TBN	Special. LPG/Eth/ Chemical combo carriers **	5 600/ 9 500	10 000	04/11	-104	3.8	109.5	3Q2009
TBN	Advanced LNG/LPG/ Ethylene gas carriers	10 000	10 600	2	-163	5.2	137.1	4Q2008
TBN	Advanced LNG/LPG/ Ethylene gas carriers	10 000	10 600	2	-163	5.2	137.1	1Q2009
TBN	Advanced LNG/LPG/ Ethylene gas carriers	10 000	10 600	2	-163	5.2	137.1	3Q2009
TBN	Advanced LNG/LPG/ Ethylene gas carriers	10 000	10 600	2	-163	5.2	137.1	4Q2009
TBN	Advanced LNG/LPG/ Ethylene gas carriers ****	10 000	10 600	2	-163	5.2	137.1	1Q2010
TBN	Advanced LNG/LPG/ Ethylene gas carriers ****	10 000	10 600	2	-163	5.2	137.1	2Q2010

Options***
TBN	Advanced LNG/LPG/ Ethylene gas carriers	10 000	10 600	2	-163	5.2	137.1	2Q2010
TBN	Advanced LNG/LPG/ Ethylene gas carriers	10 000	10 600	2	-163	5.2	137.1	4Q2010
TBN	Advanced LNG/LPG/ Ethylene gas carriers	10 000	10 600	2	-163	5.2	137.1	1Q2011
TBN	Advanced LNG/LPG/ Ethylene gas carriers	10 000	10 600	2	-163	5.2	137.1	2Q2011

* All data are preliminary and subject to adjustment
** 9,700 cbm of organic chemical space or 5,800 cbm gas space
*** There is an agreement to purchase up to four additional such vessels
**** Ice classed