United Maritime joins the forces of three subsidiaries engaged in transporting dry bulk commodities. Operations serve deep-water ports and inland waterways in the US and abroad. The company maintains a dozen ocean-going vessels, and 20 river barges; it also owns a transfer and storage terminal and related logistics services. United Maritime's ocean-going fleet, made up of US-flag vessels, has an overall capacity of some 400,000 deadweight tons (DWT). Handled commodities include coal, grain, petroleum coke, and phosphate. United Maritime, known as TECO Transport prior to December 2007, was sold by its former parent TECO Energy to an investment group led by an affiliate of Miami-based Greenstreet Equity Partners.

The trains of Kowloon-Canton Railway Corporation (KCRC) are being driven by a new engineer. In December 2007 the government of Hong Kong, which owns KCRC, combined the company's rail operations with those of commuter rail operator MTR, which also is controlled by the government. Before its operations were merged with MTR's, KCRC provided commuter rail service in the Hong Kong region over three main lines. Its network consisted of some 113 kilometers (70 miles) of track. Although MTR runs the combined system, KCRC retains ownership of its rail-related assets and receives payments from MTR under a 50-year contract, which may be extended.

Grand Power Logistics knows what it takes to move freight across Asia. The company, operating through subsidiary Grand Power Express International (GP Express), provides airfreight and ocean freight forwarding, customs brokerage, warehousing, and other distribution services. As a freight forwarder, the company buys transportation capacity from carriers and resells it to customers. The company provides airfreight services, which account for about 95% of sales, through its traditional co-loading agreements (where cargo from two shippers are combined in a single load) as well as through direct sales. GP Express operates through more than 10 offices and about 100 agents worldwide.

Republic Airways Holdings Inc., through its subsidiaries, provides scheduled passenger services. The company also offers air cargo and charter services. As of December 31, 2009, it offered scheduled passenger services on approximately 1,600 flights daily to 121 cities in 44 states, Canada, Mexico, and Costa Rica; and operated a fleet of 290 aircraft. The company was founded in 1996 and is based in Indianapolis, Indiana.

Hawaiian Holdings, Inc., through its subsidiary, Hawaiian Airlines, Inc., engages primarily in the scheduled air transportation of passengers and cargo in the United States. It offers daily service on transpacific routes between Hawaii and Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Phoenix, Arizona; Portland, Oregon; and Seattle, Washington, as well as daily service on its inter island routes among the Hawaiian Islands. In addition, the company provides scheduled services on its South Pacific/Australia/Asia routes between Hawaii and Pago Pago, American Samoa; Papeete, Tahiti; Sydney, Australia; and Manila, the Philippines, as well as offers other ad hoc charters. As of December 31, 2009, its fleet consisted of 15 Boeing 717-200 aircraft for its inter island routes; and a fleet of 14 Boeing 767-300 aircraft for its transpacific, South Pacific/Australia/Asia, and charter routes. Hawaiian Holdings, Inc. was founded in 1929 and is headquartered in Honolulu, Hawaii.

Capital Product Partners L.P. owns and operates double-hull medium-range product tankers worldwide. It provides marine transportation services under medium to long-term time charters or bareboat charters. The company’s fleet consists of 21 vessels, which are capable of carrying crude and refined oil products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals, including ethanol. Capital GP L.L.C. serves as a general partner of the company. Capital Product Partners L.P. was founded in 2007 and is headquartered in Piraeus, Greece.

Amerijet International moves freight by multiple methods not only in the Americas and not only by jet. The company provides scheduled air cargo services in North, South and Central America, Mexico, the Caribbean, Europe, Asia, and the Middle East, with a fleet of about 15 Boeing aircraft. Amerijet also arranges ground transportation of its customers' freight in North America and offers air and sea freight forwarding services worldwide. (As a freight forwarder, the company buys capacity from transportation providers and resells it to customers.) The company maintains about 370,000 sq. ft. of warehouse space. Miami-based investment firm H.I.G. Capital Management owns a controlling stake in Amerijet.

J.B. Hunt Transport Services is a leader of the pack. Its intermodal unit, the company's largest, maintains some 2,200 tractors and 40,000 containers and moves customers' cargo by combinations of truck and train. J.B. Hunt's dedicated contract services unit supplies customers with drivers and equipment; it operates about 4,000 company-controlled trucks. The company's truckload transportation unit, which has a fleet of about 1,700 tractors, provides dry van freight transportation service in the US, Canada, and Mexico. A fourth business segment, integrated capacity solutions (ICS), manages freight transportation via third-party carriers as well as J.B. Hunt equipment.

Hornbeck Offshore Services, Inc. was founded in 1997 and is headquartered in Covington, Louisiana. Hornbeck Offshore Services, Inc., through its subsidiaries, operates offshore supply vessels (OSVs), multi-purpose support vessels, and a shore-base to provide logistics support and specialty services to the offshore oil and gas exploration and production industry primarily in the United States and Gulf of Mexico. It operates in two segments, Upstream and Downstream. The Upstream segment owns and operates fleets of the U.S.-flagged OSVs that support deepwater and ultra- deepwater exploration, development, production, construction, installation, maintenance, repair, and enhanced oil recovery requirements of the oil and gas industry. This segment also owns conventional OSVs, work class ROVs, and a shore-base facility located in Port Fourchon, Louisiana. In addition, it provides vessel management services for other vessels owners, which include crewing, daily operational management, and maintenance activities. The Downstream segment owns and operates a fleet of ocean-going tugs and tank barges that transport petroleum products, primarily in the northeastern United States, the Gulf of Mexico, the Great Lakes, and Puerto Rico. These tugs and tank barges provide coastwise transportation of refined and bunker grade petroleum products, as well as offer other services, including the support of deepwater well testing and other applications for refining, marketing, and trading companies. As of December 31, 2009, Hornbeck Offshore Services owned and operated a fleet of 47 new generation OSVs, and 9 double-hulled barges and 10 ocean-going tugs.

Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Our fleet consists of four LR1 product tankers, four Handymax tankers, and one post-Panamax tanker with an average age of 5.5 years. Scorpio Tankers is employed by oil majors and oil traders, with a visible stream of cash flows through the end of 2010. Our capital structure, our management track record, and our commitment to safety, quality, and governance put us in a position to acquire assets and create value for our shareholders. Scorpio Tankers Inc is incorporated in the Republic of The Marshall Islands and has principal executive offices in Monaco and New York. Scorpio Tankers is listed in the New York Stock Exchange (NYSE) under the symbol STNG.

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