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auranne hip etter No.3 Spring 2009

IMO || sea-going Chemical / OilTanker LS JAMIE 5.750 DWTbuilt in March 2009

About you...

"LS JAMIE is the youngest vessel from the LS fleet under Gibraltar flag withCall Sign: ZDJB7 ,IMO No: 9418937 and BV classification. She was delivered on05th March 2009 from Soli Shipyard-Kocaeli, Turkey. LS JAMIE is an Oil / ChemicalTanker from a new generation of tankers managed by Lauranne Shipping B.V. withthe followings characteristics:

Oil Tanker ESP; Chemical Tanker ESP; Unrestricted Navigation AVM-APS; AUT-UMS;AUT-PORT MANOVR; MON-SHAFT; CLEAN SHIP; SYS NEQ ICE CLASS 1C: INWATERSURVEY; VCS TRANSFER; IG(N2 Generator); CARGO CONTROL; SAAB SYSTEM;FRAMO PUMPS.

LOA = 105.5m, B = 16.8m, Max Summer Draft = 6.29m, Gross Tonnage = 3992RT,Net Tonnage = 1819RT, Summer DWT = 5757.1T, CPP MAK Engine: 3000KW,BowThruster = 300KW

LS JAMIE is under chartering of Na-viglobe Antwerp N.V. and is performingvoyages in North Europe Area. Up tonow she did already 20 ports. It's apleasure to be a Master of this very finehandling vessel.Together with the excellent Officers andCrew, she is well fitted to go in verynarrow places and berths on the rivers.

Master of M/T "LS JAMIE" Capt. Stefan Mamaliga

Mr. Sofroniciu Alexandru Captain

Capt. SOFRONICIU ALEXANDRU joinedLauranne Shipping BV on 25 May 2009 asMaster of LS EVA.He has sailed as Deck Officer from 1986and as Master from 1998. He worked inthe Oil Industry from 1993 and sailed ondifferent sizes of ships from 5.000 DWT to

30.000 DWT, under Histria, ITM Germanyand other Companies ship management.

Promotions and new comersin march - may 2009PROMOTIONS

MarchSimion Nicu Cristian, C/O, LS JAMIE on 05.03.2009Buda Alexandru Eugen, 2/O, LS ANNE on 05.03.2009Nicolae Daniel Sorin, MM, LS ANNE on 30.03.2009

AprilBorcea Constantin, PM, LS CHRISTINE on 01.04.2009Surlea Octavian Marius, 2/E, LS JACOBA on 13.04.2009Stan Valentin, ONW, LS EVA on 24.04.2009Stan Viorel, PM, LS EVA on 24.04.2009

May ( till 26.05.2009 )Banu Iulian, 2/O, LS ANNE on 17.05.2009

NEW COMERSMarch

Paraianu Cristian, cadet D/O, LS JAMIE on 05.03.2009Panica Marian, AB, LAURA H on 09.03.2009Pirvu Ionut Cristian, cadet D/O, LS JAMIE on 14.03.2009

AprilVaduva Gabriel Fanel, OEW, LS JACOBA on 05.04.2009Despina Ilie, AB, LS CHRISTINE on 10.04.2009Popa Augustin Marian, 2/E, LS CHRISTINE on 10.04.2009Coman Laurentiu, MM, LS EVA on 11.04.2009Stan Valentin, Cadet D/O, LS EVA on 11.04.2009Spanu Nicu, Steward, LS JACOBA on 12.04.2009Popa MIhai Catalin, wiper, LS JACOBA on 12.04.2009Topfer Florentin, COOK, LS EVA on 24.04.2009Matei Constantin, cadet D/O, LS CONCORDE on 27.04.2009

May ( till 26.05.2009 )Duagi Selciuc, cadet E/O, LS CONCORDE on 02.05.2009Tudor Mihai, AB, LAURA H on 06.05.2009Moga Eugen, AB, LS JACOBA on 12.05.2009Ionita Vasile, MM, LS JACOBA on 12.05.2009Ceapa Marin, ONW, LS ANNE on 16.05.2009Romanov Filip Mihai, cadet D/O, LS ANNE on 16.05.2009Tureanu Florin, cadet D/O, LS EVA on 22.05.2009Sofroniciu Serbanescu Alexandru, MASTER, LS EVA on 25.05.2009Bejan Ion Lucian, cadet E/O, LS ANNE on 25.05.2009

On 10 and 11 February Mr. H. Van Leeuwen did a re-certification audit of LauranneShipping B.V. according the ISO 9001 and ISO 14001 standards.The audit resulted in the issue of 2 new certificates on the 24th of March 2009 witha 3 year validity. The quality and environmental audits shall be performed in combi-nation in the future. We intend to integrate the Combined Quality & EnvironmentalManual in our SMS manuals in the coming period.

Re-certification ISO 9001

and ISO 14001

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Lauranne Shipping BV auranne Shipping VWervenweg 1, 4551 MC Sas van Gent [nl], Port number 5241ervenweg 1, 4551 MC Sas van Gent [nl], Port number 5241T: +31(0)115 47 21 51, F: +31(0)115 47 31 44: +31 0)115 47 21 51, F: +31 0)115 47 31 44

Lauranne Shipping BV Wervenweg 1, 4551 MC Sas van Gent [nl], Port number 5241T: +31(0)115 47 21 51, F: +31(0)115 47 31 44

info@lauranne-shipping.comwww.lauranne-shipping.com

Trading of LS JACOBA inSouth AfricaEverybody is asking what LS JACOBA is doing on her trade in South Africa.The preparations started well before the vessel arrived in this area. First thevessel went to the Shipyard De Schroef B.V. in Sluiskil for the modificationsthat vessel needed for complying with the single point mooring (SPM)requirements.During the shipyard one chain stopper and one new winch were fitted forwardand the PS manifold was modified also (rollbar was lifted in height and twocrucifix bollards were fitted on the raised platform).In the early beginning of October 2008 vessel arrived in South Africa andcommenced her trade.The main ports of call are Cape Town, Mossel Bay - SPM operations, PortElizabeth, East London and Durban.LS JACOBA also called a few times ports outside South Africa like Walvis Bay- Namibia, Nacala and Maputo - Mozambique.For the moment, the vessel is calling only the South African ports, carryingclean petroleum products for TOTAL, ENGEN, BP, SHELL and CHEVRON.

Photo: Crew of LS JACOBA during the drill Abandon Ship

So, let's try to understand how the single point mooring works:- first the shore crew (1 loading master, 1 surveyor and 4 divers) are boarding

the vessel together with the pilot and the agent. The ship crew takes onboard the tool boxes containing the computers, tools and diving equipment.

- after this the vessel is approaching to the SPM at a very slow speed. Thetugs are keeping away the floating cargo hoses and the rope for the SPMchain.

- when the vessel is in range, one tug is giving the rope for the chain whichwill be heaved up with the new installed winch through the installed Panamachock until the chain comes onboard.

- when the chain arrives onboard, it is fastened in the chain stopper and after

that the other tug will give the shore crew at the manifold the ropes for thefloating cargo hoses as it can be seen in the picture.

- after that, the same tug will go aft and will be fasted for keeping the vesselat safe distance from the SPM at all the times.

- in the picture you can see the SPM crew positioning the hose and securethe hose to the raised roll bar. Where after the hose will be lowered for theconnection with the designated manifold.

- The above procedure is the same for the second hose connection.During the cargo operations the shore crew is accommodated onboardthe vessel.

Master of M/T "LS JACOBA" Capt. Catalin Nae

Materials for SPM (tools,diving equipment, computers) come on board

SPM crew is heaving up the ropes from cargo hoses

SPM crew brings in position and tightening the hose to the rollbar

SPM crew brings hose inposition for connection to the manifold

On 29th and 30th of April ExxonMobil audited Lauranne Shipping Office toverify the self-assessment we have done and published. The result of sucha verification audit has direct commercial consequences for the company.We believe that the audit was successful and that many developments ofthe last year have contributed to the result. Nevertheless we keep strivingfor improvement of our management (system) according to OCIMFsTMSA criteria.

ExxonMobil audit TMSA

In April 2009 one of our vessels was loading gasoil at a terminal in Italy. At acertain point a high vapour pressure was noticed in all opened tanks thatresulted in a spray of approximately 1 litre of condensate/gasoil on deck. Cargooperations were ceased for 30 minutes. A full investigation was conducted tothe causes of this incident. From the hourly cargo calculations it could bededucted that the average flow that hour was at least 1824m3/hr, exceedingthe max. agreed flow rate of 1000m3/hr by far. This was clearly the cause forthe high pressure. Since the levels in opened tanks were all less than 54% attime of the spray, the source of the liquid was initially unclear. Later an inter-connecting pipe was identified in the venting arrangement where max 1 litre ofliquid could have accumulated. Actions were initiated to fit drains in this placeof the venting system and other vessels are checked for similar arrangements.The importance of quick reporting and detailed investigation of incidents wasan essential lesson as well. Incident reporting and investigation will be part ofthe program of the company seminars in 2009.

Lesson Learned