JINSE SHIPYARD PRESENTATION

Jinse Shipbuilding Co., Ltd

Contents

I. Company Overall

II. Building Process & Factories

III. Jinse Engineering

IV. Performance Record / Order Book

 Company Brief - Overall

Main Factory & No.1 Factory Jinse Shipyard Site

Chairman : Jong Ho, Lee
Establishment : 3rd January, 2007
Area : 54,000 m2 Seoul
Employee: 864
Major Products Kwangwon
-. Main Factory: Handy Bulker & Handy PC
Kyunggi
-. No.1 Factory: Middle & E/R Mega Block
Chungbuk

Chungnam Kyungbuk
Jinse HI Jinse Industry Jinse Eng. Jinse Shipyard
Jinse Industry
CEO : Jeong-Han,
Jinse No.1 Factory
CEO : Jong Ho, Lee CEO : Dahl -Jin Jeonbuk
You Busan
Establishment : Dec. Shim Kyungnam
Establishment : Aug. Daesun
14, 1999 Establishment : May, SLS
2, 2007 Jeonnam
SPP
Area : 51,000 m2 2007 Shinan HI
Area : 9,237 m2
Daehan Samho
Major Products: Fwd Employee: 90 SPP
Major Products: Samho
& Aft part Mega Major Products: Daehan
Sungdong
Deck House
Jinse Heavy 21st Century
Block Ship Design Industry
Construction
Company Brief Stock Holders

Stock Holders

256,000 138,000
(100%) (54%)

Jinse Shipbuilding Co., Ltd

owned by Jinse Chairman Mr.

118,000 Jong Ho, Lee who posses

(46%)

54% of stocks.

Total Jinse Owner (Mr. KDBC*

Stocks Jong Ho, Lee)

* KDBC: Korea Development Bank Capital

 Goal & Vision Core Competency
Jinses Goal & Vision will be achieved based on 3 core competency, which is to be the world best
shipyard.

1. World Best Shipyard

Focused on building of Handy Bulkers
High Technology & Efficient
Production System
Systematically organized to control &
High-Technology corporate Sub-Contractors

2. High Value Added Shipyard

Strengthening for Major Vessel

+ Building.
Strengthening Core Competency.

High Performance High Quality

Productivity
3. Customer Satisfaction shipyard

Satisfaction for Buyers

Satisfaction for Jinse Inner Customers
Satisfaction for Stock Holders
 Organization (Management & Production)

Chairman

Jinse Jinse Heavy Jinse

Jinse Industrial
Shipbuilding Industries Engineering

Safety Team

Production Production Design

Division Division Division

Management Marketing Purchasing Production Basic Design

Division Division Division Division Management Production - Hull Design
Admin Quality - M/C Design
Material Control - Pipe
General Purchasing Production Design
QC/QM
Affair Marketing Purchasing Production Support Production
Production
Accounting team Material Design
Planning
Financial - Marketing Managemen
Production
Training - C.A.T t
Sea Trial
Planning

Total Number of Management Staffs : 300 People

 Shipyard Status

Berth Length (m) Breath (m) Capacity (dwt) Capacity (Ships/Year)

1. BC: 34,000 1. Max Capacity per Year

No.1 Slip Way 180.0 35.0 2. PC: 40,000 : 12 ships
Building 3. Container: 2,300TEU 2. Slip Period: 4 weeks
Berth
1. BC: 34,000 1. Max Capacity per Year
No.2 Slip Way 181.0 36.0 2. PC: 40,000 : 12 ships
3. Container: 2,300TEU 2. Slip Period: 4 weeks

1. BC: 34,000 1. Max Capacity per Year

F/Dock 186.0 36.0 2. PC: 40,000 : 10 ships
3. Container: 2,300TEU 2. Slip Period: 5 weeks

Ship Type 2008 2009 2010 2011 Remarks

13K Chemical Tanker 10 2 - -

Maximum Capacity
Shipbuilding -. 2011~: 34ships /
Capacity 1. Handy Bulker &
2. Handy PC - 16 30 34 year
3. Feeder Container -. F/Dock will be
operated from 2010 .
Total 10 18 30 34
Contents

I. Company Overall

II. Building Process & Factories

III. Jinse Engineering

IV. Performance Record / Order Book

V. Goal & Vision

Shipbuilding Process (1)

Design & Material Handling

Material Material Steel Cutting &

Design
Purchasing Warehousing Preparation

Block Construction
Deck House
Construction
(Jinse Industry)
Middle & Large
Painting Small block
Block
(Jinse Assembly
Shipbuilding) Mega Block Assembly
(Jinse Industry)
(Jinse HI)
Assembly
(Jinse HI &
No.1 Factory)

Launching & Delivery

Launching Sea Trial Delivery

(Jinse (Jinse (Jinse
Shipbuilding) Shipbuilding) Shipbuilding)
Shipbuilding Process (2)

1. Design 2. Pre-Treatment 3. Cutting

4. Assembly 5. Pre-Erection 6. Outfitting

7. Tendem 8. Launching 9. Delivery

Head Office & Main Factory
Head Office / Slip Way / Material Warehouse / Equipment

Head Office & Main Factory Air View Head Office

Fwd Mega Block Install on Slip-Way Middle Mega Block Joining D/H Erection & Outfitting Work
No. 1 Factory
Middle Part Mega block Construction & Deck House erection after Launching

No. 1 Factory Whole View Middle Hull Part Mega Block on Construction

Middle Hull Part Mega Block on Construction Deck House Erection

Jinse Heavy Industry - Located in Geoje
Fwd & Aft Part Mega Block Construction

Factory Air View Engine Room Block on Construction

Middle Hull Block Erection Aft Hull Mega Block on Construction

 Jinse Industry
Specialized to Build High Quality Deck House

Factory Air View Deck house on construction

Deck house fore view Completed deck house

Contents

I. Company Overall

II. Building Process & Factories

III. Jinse Engineering

IV. Performance Record / Order Book

 Engineering Organization

C.E.O

Staffs : 90 People (Still Increasing)

Capable to perform our own design

Eng. Management Staffs having abundant experience at major

shipyard in Korea i.e. Samsung HI, HHI, Hanjin
Shipyard.
Number of Staff:
6 People

Basic Hull Piping Machinery Electric

Hull Design
Design Design Design Design

Number of Number of Number of

Basic Structure Painting Staff: Accomo- Staff: Staff:
16 People H/Piping
Design Design Design dation 25 People 17 People

Number of Number of Number of Number of Number of

Staff: Staff: Staff: Staff: Staff:
4 People 4 People 4 People 14 People 9 People
Ship Design Development
Jinse Engineering Develops own ship design: 40K PC/ 34K BC / 13K CT / Feeder Container etc.

1. Engineering Office View 1. 40,000 dwt Product / Chemical Tanker

2. Engineering Office inside
2. 34,000 dwt Bulk Carrier
3. Structure Drawing by Tri-Bone program
4. 3 Dimensional Piping diagram

1 2 1

3 4
2
Design System
1. Equipped all design program such as CAD, Tri Bone program etc.
2. Model Ship Performance Test by simulation system.

Ship System Design by CAD Program Piping System Design By Tri-Bone Program Hull Piping Design by Tri-Bone Program

1 1 2

< Ship Performance Model Test >

1. Propeller Performance Test

2. Model Ship Speed & Condition Test

 Advanced Technology Future Model
With our own high design technology , Jinse has a capability to build the most advanced vessels i.e. LNG or ROV
vessels.
LNG VESSLE

Analysis of Velocity & Design by CFD(Compute

Engine Power Fluid Dynamic) Analysis

OFFSHORE / ROV VESSLE

Structure Analysis Outfitting Design &

Piping Analysis
Contents

I. Company Overall

II. Building Process & Factories, Facilities

III. Jinse Engineering

IV. Performance Record / Order Book

 Delivered Ships Ross Chemical
13,000 dwt Chemical Tanker 8 ships delivered successfully
: JS1001 (Mar. 3, 2008) / JS1002 (Jun. 26, 2008) / JS1003 (Aug. 8, 2008) / JS 1004 (Oct. 17, 2008) / JS1005 (Nov. 18, 2008)
JS 1008 (Dec. 18, 2008) / JS 1009 (Mar. 25, 2009) / JS1010 (May. 7.2009)

1 2

1. Deck House Erection

2. Launching Ceremony
: Held on Dec. 29, 2007

Naming Ceremony
: Held on Jun. 25, 2008
 Delivered Ships Eitzen Chemical
13,000 dwt Chemical Tanker 4 ships delivered successfully
: JS1006 (June 26, 2008) / JS1007 (Sept. 4, 2008) / JS1011 (Sept. 30, 2008) / JS1012 (Nov. 3, 2008)

1 2

1. Launching Ceremony
: Held on Jun. 23, 2007

2. On construction

1 2

1. On-deck View

2. Wheel House
 On Construction Bulk Carrier
Bulk Carrier block construction view

Bulk Carrier Order List

Owner Ship type Number

Songa Bulkers Ltd. 32K BC 20

Metro Star Corp. 32K BC 6

Prime Bulk Ltd. 32K BC 3

Uni-Fast Ltd. 32K BC 3

32
Order Book - Overall

Ship Type Number Hull No. Delivered Remaining

Ross Chemical II 13,000 DWT JS1001 - JS1005

8 8 -
A.S (UK) Chemical Tanker JS1008 JS1010

Eitzen Chemical 13,000 DWT JS1006 - JS1007

4 4 -
(Singapore) Pte. Chemical Tanker JS1011 JS1012

Songa Bulkers Ltd. 32,000 DWT JS2001 JS2012

20 1 19
(UK) Bulk Carrier JS2019 JS2026

Metrostar JS2013 JS2018

32,000 DWT
Management Corp. 6 JS2027 JS2030 - 6
Bulk Carrier
(Greece) JS2053 JS2056

Prime Bulk
32,000 DWT
Navigation Ltd. 3 JS2031 JS2033 - 3
Bulk Carrier
(Turkey)

Uni-Fast Ltd. 32,000 DWT

3 JS2050 JS2052 - 3
(Hong Kong) Bulk Carrier

TOTAL 44 13 31
Certification from Authorized Organization
Thank You Very Much !