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Euronav is a vertically integrated owner operator and manager able to provide complete shipping services in addition to its fleet of modern large tankers. The crude oil sea-borne transportation market is cyclical and highly volatile requiring flexible, proactive management of assets in terms of fleet composition and employment. Euronav increases exposure to the market through opportunistically entering the market by chartering vessels from other owners and tonnage provider whilst maintaining a core fleet of high quality owned or controlled tonnage. The Euronav core fleet has an average age of a little over 6 years. (For further details see fleet) Euronav operates its fleet both on the spot and the period market. Most of Euronav's VLCCs and 1 V-Plus are operated in the Tankers International pool. The majority of its Suezmax fleet is fixed on long term charter. Euronav can also supply and operate Floating, Storage and Offloading (FSO) vessels through conversion or newbuilding. Euronav is able to bring added value to its offshore projects through building supervision or construction, engineering and in-house management. Fleet management is conducted by three wholly owned subsidiaries Euronav Ship Management SA and Euronav SAS, both French companies with head quarters in Nantes, France and with a major branch office in Antwerp, Belgium and Euronav Ship Management (Hellas) Ltd. with branch office in Piraeus, Greece. The skills of its directly employed seagoing officers and shore-based captains and engineers give it a competitive edge in high quality design, maintenance and operation. Euronav vessels fly Belgian, Greek and French flag.

Euroseas Ltd., together with and subsidiaries, provides ocean-going transportation services worldwide. Euroseas Ltd. company owns and operates dry bulk carriers that transport bulks, such as iron ore, coal, and grains, as well as minor bulks, which include bauxite, phosphate, and fertilizers. It also owns and operates containerships and multipurpose vessels that transport dry and refrigerated containerized cargoes, including manufactured products and perishables. As of May 15, 2010, the company’s fleet consisted of five drybulk carriers, comprised of four Panamax and one Handymax drybulk carriers; nine containerships; and one multipurpose vessel. Its drybulk carriers had a total cargo carrying capacity of 331,308 deadweight tons (dwt); and containerships had a total cargo carrying capacity of 243,994 dwt and 15,779 twenty-foot equivalent units (teu), as well as multipurpose vessel could carry 22,568 dwt and/or 950 teu. Euroseas Ltd. company was founded in 2005 and is based in Maroussi, Greece.

Evergreen Shipping Agency (America) was founded in 1968. Evergreen Shipping Agency (America), formerly known as Evergreen America, serves as the US agent for its Taiwan-based parent, shipping giant Evergreen Marine Corporation, as well as two other shipping lines, Italia Marittima and Hatsu Marine Limited. As a shipping agent, the company provides ground-based administrative services and coordinates inland transportation of marine freight. Evergreen Shipping Agency (America) Corp. has about five logistics centers in the US and one in Canada, and it operates through agents in Latin America.

Excel Maritime Carriers Ltd. provides sea borne dry bulk cargo transportation services worldwide. Excel Maritime Carriers Ltd. company transports various types of cargo, including iron ore, coal and grain, steel products, fertilizers, cement, bauxite, and sugar and scrap metal. As of March 10, 2010, it owned and operated a fleet of 47 vessels comprising 5 Capesize, 14 Kamsarmax, 21 Panamax, 2 Supramax, and 5 Handymax vessels with a total carrying capacity of approximately 3.9 million deadweight tonnage. Excel Maritime Carriers Ltd. company was founded in 1988 and is based in Athens, Greece.

Exmar currently operates vessels in Belgium, Hong Kong, India, Luxembourg, Norway, Panama, and Singapore. Exmar is one of the largest independent shipping groups in the world serving the international oil and gas industry. It currently manages a fleet of more than 40 LPG (liquefied petroleum gas) tankers including ethylene, midsized gas, very large gas, pressurized, and semi-refrigerated carriers. The vessels transport liquefied gases such as anhydrous ammonia, butane, petrochemicals, and propane. A smaller fleet of carriers transports liquefied natural gas. Some of its ships are owned; however, a majority are chartered either short or long term.

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