O D FJ E L L T E R M I N A L S

C H A R L E S T O NS o u t h C a r o l i n a , U S A

09/2014

OTC Phase 1 includes nine tanks totaling 79,400 cbm (500,000 barrels). For future phases the terminal development will be on a build to orderbasis which may evolve to realize up to 40 tankswith a total capacity of about 160,000 cbm (~1,000,000 bbls). Tank sizes may vary from 300 cbm to 15,900 cbm (4,000 to 100,000 bbls), includ-ing drumming facilities, warehouse and distillation unit all depending on client demand and requirement.

The terminal is easily accessible for sea-going tankers and barges, railcars, tank trucks, isotanks and pipelines. OTC Phase 1 has one ship dock capable of handling vessels up to 75,000 dwt with drafts up to 42 feet. OTC is well equipped with broad rail tank car (12 load spots and space for 51 rail cars on site including rail car direct to

vessel and vice versa capability) and road tank truck handling facilities (three load on scale truck racks) as well as bulk liquid transloading services.

Transloading is a logical solution for customers seeking alternative means of transferring products from one mode of transportation to another, while maintaining strict product stewardship in a safe and efficient manner. This operation allows for expedited shipments in a cost-effective manner by avoiding tank storage as well as reducing or eliminating detention and demurrage of equipment.

Odfjell Terminals (Charleston) (OTC) is 100% owned by Odfjell Terminals. Odfjell Terminals is owned by Odfjell SE (51%) and Lindsay Goldberg (49%).

ODFJELL TERMINALS (CHARLESTON)

Odfjell Terminals (Charleston) LLC, known as OTC, began operations in December 2013, bringing new solutions to the East Coast United States, strategically located on Charleston’s Cooper River, South Carolina, USA. OTC is a premier distribution terminal to serve the bulk liquid and specialty chemical, vegetable oil and petroleum industry in the south-eastern and logistically favoured central United States. OTC is a sophisticated tank terminal with pressurized tanks with marine, railcar, isotank and tank truck accessibility, automatic nitrogen compensation systems, as well as an advanced vapor control system.

Contact Odfjell Terminals (Charleston)Phone: +1 713 844 2300E-mail: hou.sales@odfjell.comFax: +1 713 844 2355

Visitor address1003 East Montague Ave.North Charleston, SC 29405

Post address12211 Port RoadSeabrook, TX 77586USA

Highlights• Linked to North America’s CSX and Norfolk Southern railroad networks and the United States’ Interstate Highway system for distribution throughout the United States, Canada and Mexico • Multiple stainless steel rail header systems enabling the loading and unloading of railcars to/from the shore tanks• Direct transfer from rail cars to ships or barges, at rates up to 500 cbm (3,500 bbls) per hour• Automated scale system controls truck loading process through computerized control features • Load-on-scale truck stations enabling the loading and unloading of tank trucks and isotanks to/from the shore tanks • Transloading capabilities to/from trucks, isotanks and/or railcars• OTC is working to obtain ISO and Responsible Care® certifications

Terminal facilities and capacitiesOdfjell Terminals (Charleston)• Total capacity up to 150,000 cbm (1,000,000 bbls)• Up to 45 tanks ranging in size from 600 to 15,900 cbm (4,000 to 100,000 bbls)• Easy access for sea-going ships, barges, rail tank cars and road tank trucks• One deep-sea berth for tankers and barges up to 650 feet LOA and 40 feet draft• Tanks meet API-650 and API-620 standards for maximum environmental protection and efficiency• Product heating, cooling, circulation, insulation available• Nitrogen and other utilities available• Approved dockside disposal of ship waste, including MARPOL waste and engine slops• DSP certified• Responsible Care® 14001 and ISO 9001 certification in progress

OFFICES AND ADDRESSES

MAIN OFFICE ODFJELL Odfjell SE - Odfjell Tankers AS - Odfjell Gas ASConrad Mohrsv. 29, P.O. Box 6101 Postterminalen5892 Bergen, NORWAYTel: +47 5527 0000Fax: +47 5528 4741Fax: +47 5527 9070 (Chartering/Operations)

MAIN OFFICE TERMINALSOdfjell Terminals BVOude Maasweg 6, P.O. Box 5010Harbour Number 40403197 KJ Rotterdam-BotlekTHE NETHERLANDSTel: +31 102 954 700Fax: +31 102 954 719

INTERNATIONAL OFFICESOdfjell USA (Houston) Inc.13100 Space Center BlvdSuite 600 Houston, TX 77059, USATel: +1 713 844 2200Fax: +1 713 844 2211

Odfjell Singapore Pte Ltd6 Shenton Way, # 27-08/09 OUE Downtown 2SINGAPORE 068809Tel: +65 6349 1300Fax: +65 6224 2285

Odfjell Japan LtdOgawa Bldg. 8F2-2 Uchikanda 1-ChomeChiyoda-ku, Tokyo 101-0047, JAPANTel: +81 3 3259 8555Fax: +81 3 3259 8558

Odfjell Netherlands BVOude Maasweg 6, P.O. Box 50103197 XC Rotterdam-BotlekThe NETHERLANDSTel: +31 102 953 666Fax: +31 102 953 668

Odfjell Brasil LtdaAv. Paulista 460 - 18 andarCEP 01310-000 Sao Paulo SP, BRAZILTel: +55 11 3549 5800Fax: +55 11 3549 5808

Odfjell ShanghaiSuite B, 13FHuamin Empire Plaza728 Yan An West RoadChangning DistrictShanghai 200050, P.R. CHINATel: +86 21 5239 9469Fax: +86 21 5239 9897

Odfjell Argentina SAAlicia Moreau de Justo 1960Office no. 202 - Puerto Madero1107 Buenos Aires, ARGENTINATel: +54 114 313 7837Fax: +54 114 313 4619

Odfjell Australia Pty LimitedSuite 4, Level 1443 Little Collins StreetP.O.Box 1279Melbourne VIC 3001 AUSTRALIATel: +61 3 9642 2210Fax: +61 3 9642 2214

Odfjell India408 A Everest GrandeMahakali Caves Road, Andheri (East)Mumbai 400093, INDIATel: +91 22 6695 4701Fax: +91 22 6695 4707

Odfjell Durban (Pty) Ltd 61 Bulwer Road, GlenwoodP.O.Box 4045Durban 4021, SOUTH AFRICATel.: +27 31 2770880Fax: +27 31 2770899

Odfjell Tankers AS, Korea BranchRoom 1815, Gwanghwamun Officia Bldg163 1-Ga Shinmunno, Jongno-GuSeoul, 110-999 SOUTH KOREA Tel: +82 2 775 9760Fax: +82 2 775 9761

Odfjell Korea Ltd.136, Cheoyong-Ri,Onsan-Eup, Ulju-GunUlsan, 689-892 SOUTH KOREATel: +82 52 227 5527Fax: +82 52 227 5567

Odfjell Philippines Inc.4th Flr Atlantis Beacon Tower2315 Leon Guinto St. Malate, Manila 1004PHILIPPINESTel: +6325280341Fax: +6325262256

Odfjell (UK) LtdDorset HouseRegent Park, Kingston RoadLeatherhead KT22 7PLUNITED KINGDOMTel: +44 1372 824330

Odfjell PeruAv. Enrique Meiggs, 240Urb. Chacaritas,Callao, PERUTel: +51 1 614 0800Fax: +51 1 614 0801

Odfjell ChileRosario Norte 100Office 304Las Condes, SantiagoCHILETel: +56 2 2294700

Odfjell Middle East JLT, Dubai Units no. 2402-2404, Platinum TowersJumeirah Lake TowerP.O.Box 75450Dubai, UNITED ARAB EMIRATESTel: +971 4 426 9700Fax: +971 4 426 9701

REGIONAL OFFICESOdfjell Singapore Pte Ltd6 Shenton Way, # 27-08/09 OUE Downtown 2SINGAPORE 068809Tel: +65 6349 1300Fax: +65 6224 2285

Flumar Transportes de Quimicos e Gases LtdaAv. Paulista 460 - 18 andarCEP 01310-000 Sao Paulo SP, BRAZILTel: +55 11 3549 5800Fax: +55 11 3549 5807

Odfjell Tankers Europe ASConrad Mohrs veg 29P.O. Box 6101 Postterminalen 5892 Bergen, NORWAYTel: +47 5527 0000Fax: +47 5527 9070

TERMINALSOdfjell Terminals (Rotterdam) BVOude Maasweg 6, P.O. Box 5010Harbour Number 40403197 KJ Rotterdam-BotlekThe NETHERLANDSTel: +31 102 953 400Fax: +31 104 384 679

Noord Natie Odfjell Terminals NVHaven 227-241Blauwe Weg 442030 Antwerp - BelgiumTel: +32(0) 3543 9900Fax: +32(0) 3543 9938

Odfjell Terminals (Houston) Inc.12211 Port RoadSeabrook, TX 77586, USATel: +1 713 844 2300Fax: +1 713 844 2355

Odfjell Terminals (Charleston) LLC1003 East Montague AvenueNorth Charleston, South Carolina 29405, USATel: +1 843 714 6300Fax: +1 843 714 6350

Odfjell Terminals (Dalian) LtdNew PortEconomy & TechnologyDevelopment Zone 116601, Dalian P.R. CHINATel: +86 411 8759 5500Fax: +86 411 8759 5549

Odfjell Terminals (Jiangyin) Co., Ltd1314 West Binjiang RoadShizhuangNew Harbour City, JiangyinJiangsu 214446 P.R. CHINATel: +86 510 8666 9111Fax: +86 510 8666 9110

Odfjell Terminals (Korea) Co, Ltd136, Cheoyong-RiOnsan-Eup, Ulju-GunUlsan, 682-892 SOUTH KOREATel: +82 522 311 600Fax: +82 522 376 636

Oiltanking Odfjell Terminal Singapore Pte Ltd.1 Seraya AvenueSINGAPORE 628208Tel: +65 6473 1700Fax: +65 6479 4500

Oiltanking Odfjell Terminals & Co. LLC.P.O. Box 369Fajal Al QubailPC 322 SULTANATE OF OMANTel: +968 2670 0300Fax: +968 2670 0306

Odfjell Nangang Terminals (Tianjin) Co, Ltd.Room D 310, section DOffice Building, Service Area, TEDA(Nan-Gang Industrial Zone)300280 Tianjin, PR CHINA

Odfjell Terminals Quanzhou (Fujian) Co. Ltd.3rd. Floor, Xington Shipping Tower 6th Port st. EastQuangang District, Quanzhou 362800Fujian Province, P.R. ChinaTel: +86 595 2772 8628Fax: +86 595 2772 8680

ASSOCIATED TERMINALSGranel Quimica LtdaAv. Paulista 460, 18° andarCEP 01310- 000 São Paulo, SPBRAZILTel: +55 11 3549 5800Fax: +55 11 3549 5832

Tagsa S.AAv. Alicia Moreau de Justo 1960,piso 4 Of. 4021107 Buenos AiresARGENTINATel: +54 11 4001 9700Fax: +54 11 4001 9701

Terquim S.AMolo Sur S/NP.O. Box 148, San AntonioCHILETel: +56 35 21 1050Fax: +56 35 21 1161

DQM S.AAv.Enrique Meiggs, 240Urb.Chacaritas, Callao,PERU Tel: +51 1 614 0800Fax: +51 1 614 0801

www.odfjell.com