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4758 West Commercial BoulevardFt. Lauderdale, FL 33319Phone: 1 (954) 497-4063Fax: 1 (954) 486-1032

Email: info@globalagencies.comWebsite: www.globalagencies.com

October 2009

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Contents

Who we are

Affiliate Offices

Why do business with us

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Partners in Global Shipping Agencies: David Herring Jerry Peterson Michael Kramer( See biographies which follow )

Extensive industry experience

Investments/Contracts throughout Central America in General Agencies, Port Agencies, Stevedoring, Warehousing, Security and Collections.

Established offices in South Florida(Fort Lauderdale)

Global Shipping Agencies, Inc. (USA)

Who we are – overview

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Mission Statement

To provide world-class services to Principals through:

Superior and responsive management

Expert technical talent

Effective processes and communications

Ethical and responsible relationships

To achieve maximum profitability for the Principal and our affiliated companies

Who we are – mission

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Network of offices throughout Central America

Full-range of agency services Professional Consistent Coordinated

Affiliated Companies Security General Consulting Port Agencies Collection Services

Who we are – business concept

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General Agency Port Operations

Sales & Marketing Terminal & CFS Operations

Documentation Trucking & Logistics

Customer Service Security Services

Equipment Control Customs Brokerage

Stevedoring / Husbanding Collection Services

Services Offered:

Who we are – services

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Guatemala Guat. CityPt. BarriosPt. Quetzal

Honduras San Pedro SulaTegucigalpaPt. Cortes

El Salvador San Salvador Nicaragua Managua

Panama Panama CityColon (MIT)

Costa Rica San JosePt. Limon

U.S.A. Fort Lauderdale, Florida

Who we are – geographic scope

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Who we are – related companies

Global Shipping Agencies U.S. company providing representation and management services to various transportation service companies in Central America

Agencia Maritima Global(et al)

Offshore companies providing management and administration services to service companies in individual countries

Maritime Investments, LLC Partnership holding equity and contractual relationships with various service companies in Central America

Admiral Management Int’l U.S. company providing transportation consulting services

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MBA and U.S. Navy officer

40 years in transportation

24 years with Sea-Land:• VP Corporate Planning• Joint ventures, business development (eg. Hanjin)• General Manager, Central America ($100 mil revenue)

Since 1993 established and represented successful service companies in U.S., Central America and Puerto Rico

• Admiral Management Int’l (admiralmgt.com) - consulting• Phoenix Security Group (phoenixgrouppanama.com) - security• Global Shipping Agencies (globalagencies.com) – agency development & mgmt• Carrier Credit Services (ccspr.net) – demurrage collection

Sample Clients: NYK, Maersk, NPR, Sea Star, Horizon, Dole, Del Monte, Hanjin, Nedlloyd, Evergreen, CMA CGM, Inchcape

David Herring

Who we are – partners

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MBA

45 years in transportation

22 years with Sea-Land:• General Sales Manager• Manager, Rotterdam port• Ops, Manager, Latin America

Since 1993 established and represented successful service companies in U.S., Central America and Puerto Rico

• Admiral Management Int’l (admiralmgt.com) - consulting• Phoenix Security Group (phoenixgrouppanama.com) - security• Global Shipping Agencies (globalagencies.com) – agency development & mgmt• Carrier Credit Services (ccspr.net) – demurrage collection

Sample Clients: NYK, Maersk, NPR, Sea Star, Horizon, Dole, Del Monte, Hanjin, Nedlloyd, Evergreen, CMA CGM, Inchcape

Jerry Peterson

Who we are – partners

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Holds a BA in Management and over 32 years experience in the transportation industry. 23 years with Sea-Land.

Sea-Land management positions included:• Director, Customer Service – North America

• General Manager – Florida Region

• General Manager – North Central America

• Director, North America Sales – NVO & FFwdr/3PL Trades

Has on-site/domicile management experience in Latin America

Joined Global Shipping Agencies, Inc. (USA) as President in Dec. 1999

Established successful service companies in U.S. and Central America

Michael Kramer

Who we are – partners

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GLOBAL AFFILIATE OFFICES

USA (Fort Lauderdale, FL) Guatemala

Costa Rica El Salvador

Panama Honduras

Nicaragua

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Corporation: Global Shipping Agencies, Inc.Office: 4758 West Commercial Boulevard

Ft. Lauderdale, FL 33319

Telephone: 1 (954) 497-4063 Fax: 1 (954) 486-1032

Website: www.GlobalAgencies.com

Position: Name: Email:Key Managers: Mg. Director David Herring (dherring@maritimeinvestments.biz)

Mg. Director Jerry Peterson (jpeterson@maritimeinvestments.biz)

President Michael Kramer (mkramer@maritimeinvestments.biz)

Staff: Accountant Claudia Calles (ccalles@admiralmgt.com)

Executive Assistant Trudy Hardekopf (thardekopf@admiralmgt.com)

Affiliates: Admiral Management International, Inc. (Transportation consulting)(function) Maritime Investments, LLC. (Relationships with Central America companies)

Phoenix Vessel Services, Inc. (Authorized security advisor to Panama registry )Supply Chain Security, Inc. (Security E-Learning and Consulting) Carrier Credit Services, Inc. (Carrier collections services) VARIOUS others throughout Central America and Puerto Rico

Global Shipping Agencies, Inc. - USA

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Agencia Maritima Global, S.A. - Guatemala

Corporation: Agencia Maritima Global, S.A.

Office: Edificio AtlantisNivel 8, Oficina 80213 Calle 3-40, Zona 10Guatemala City, Guatemala

Telephone: 502 - 2 - 420-8800 ( PBX)

Fax: 502 - 2 - 420-8801

Key Managers: President Jorge Oria (jaoria@oein.com)

VP/General Manager Oscar Gonzalez (oscar.gonzalez@cargo.com.gt)

Finance Manager Gloria de Mesarina (gloria.gesarina@cargo.com.gt)

Operations Mgr. Roberto Papadopolo (roberto.papadopolo@cargo.com.gt)

Affiliates: Operaciones Maritima, S.A. (Omarsa) - Port Agency (Pt. Barrios, Sto. Tomas & Pt. Quetzal)

I.T.M - Stevedoring (also Pt. Barrios, Sto. Tomas & Pt. Quetzal)

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Agencia Global Del Mar, S.A. de C.V. - El Salvador

Corporation: Agencia Global Del Mar, S.A. de C.V.

Office: Blvd Del Hipodromo, Edificio Grand Plaza Local 014 Zona Rosa San Salvador, El Salvador

Telephone: 503-2208-2660 PBX

Fax: 503-7887-2029

Key Managers: President Jorge Oria (jaoria@oein.com)

General Manager Alex Sagrera (asagrera@cargo.com.sv)

Sales Manager Vernon Madrigal (vmadrigal@cargo.com.sv)

Affiliates: Operaciones Maritima, S.A. (Omarsa) - Port Agency - Acajutla

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Agencia Maritima Global, S.A.- Honduras

Corporation: Agencia Maritima Global, S.A.

Offices: Edificio La Plaza, Local 13-B Boulevard del Sur 3 Ave., 8 Call, Local #300 Edificio Albesa - Frente a CocesnaSan Pedro Sula, 2do Nivel - Contiguo Aduana ToncontinHonduras Tegucigalpa, Honduras

Telephone: (504)- 553-1545 / 1533 (504)-234-7878Fax: (504)-553-1447 (504)-234-1094

Key Managers: Exec. President Roberto Bobadilla (rbobadilla@gmihon.com) General Manager Carlos Bobadilla (cbobadilla@gmihon.com)

Staff: Sales Manager Yessina Jimenez (yjimenez@gmihon.com)Operations Manager Jesus Chavez (jchavez@gmihon.com)

Affiliates: ONASA – (Port and Stevedoring Agency) Servicios Aduaneros Globales, S.A. ( Customs Agent )

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Operadores Navieros, S.A.- Honduras

Corporation: Operadores Navieros, S.A. (ONASA)

Offices: 1 era y 2 Avenida N.E. 2 da Calle PlazaEdificio Comercial ENG, Local #64Puerto Cortes, Honduras

Telephones: (504)- 665-4334 / 4335Fax: (504)-665-4337 E-mail: onasa@gmihon.com

Key Managers: General Manager Ing. Luis E. Moncada (lmoncada@gmihon.com) (mobile 504-9927-7480)

Coordination Alex Reeves (areeves@gmihon.com)Ops Supervisor Jorge Garcia (jgarcia@gmihon.com)Accountant Raul Henderson (rhenderson@gmihon.com)

Affiliates: Agencia Maritima Global, S.A. – (General Agency) Servicios Aduaneros Globales, S.A. ( Customs Agent )

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Consolidados 807 de Nicaragua, S.A. - Nicaragua

Corporations: Consolidados 807 de Nicaragua, S.A.Sermarsa, S.A.

Office: Ofiplaza El RetiroEdificio No. 5, Oficina 514B/CManagua, Nicaragua C.A.

Telephone: 505 - 270-9654 or 270-9573

Fax: 505 - 278-6352

Key Managers: General Manager Michael Kramer (mkramer@globalagencies.com)

Operations Manager Gladys Tom (c807mgamgr@consolidados807.com)

Line Manager Javier Solórzano (javiers@cablenet.com.ni)

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Agencia Maritima AMG, S.A. - Costa Rica

Corporation: Agencia Maritima AMG, S.A.

Office: Lomas de Ayarco Sur, del Colegio Iribó 200 Sur, 100 Este y 150 Sur. Casa Número 5-Z San José, Costa Rica

For mail: P.O. Box 2324-2050 - San Pedro, Costa Rica

Telephone: 506-2257-0474 (office)EFax: 1-954-252-3957

Key Manager: General Manager Carlos Alvarez (calvareza@racsa.co.cr)

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Global Shipping Services, Inc. - Panama

Corporation: Global Shipping Services, Inc.

Office: Via España, Edificio RegencyPiso 14Panama City, Republica de, Panama

Telephone: (507) 6676-2884 Fax: (507) 263-6044

Key Managers: President David Herring (dherring@globalagencies.com)

General Manager Michael Kramer (mkramer@globalagencies.com)

Exec. Secretary Priscilla Ng (png@pvspan.com)

Affiliates: Phoenix Management Services (Maritime Security)Phoenix Vessel Services (Panama Registry Security Advisor)

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Summary

Why do business with us??

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Overall Features and Benefits

Feature BenefitExperienced, professional management with carrier orientation

Market and operations expertise Quick problem solution

Resident country partners Local knowledge & contacts

16 year market presenceExcellent sales resultsQuality vendor selection

Extensive internet/email connectivity Reliable, effective communications & information sharing

Central control of procedures & standards

Consistently high-quality customer service

Affiliated companies Specialized services with controlled quality

S.Florida Offices Immediate response 24/7

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In Summary

Experienced and professional management

Established in markets with proven success

Affiliated companies offer highest quality services

Regional scope enables future relationship with true partnership

S.Florida offices enable rapid and convenient coordination 24/7

Critical Decision Factors

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