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|   | NORDIC      AMERICAN TANKERSHIPPING LIMITED |                                 |
|--------|---------------------------------------------|--------------------------------------|
|   |                                        |                                 |
|   | By                                          | /s/      Hon. Sir David Gibbons      |   |
|   |                                        | Name:      Hon. Sir David Gibbons    |   |
|   |                                        | Title:      Director                 |   |
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|   | By                                          | /s/      Andreas Ove Ugland          |   |
|   |                                        | Name:      Andreas Ove Ugland        |   |
|   |                                        | Title:      Director                 |   |
|   |                                        |                                 |   |
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|   | By                                          | /s/      Torbjørn Gladsø   |   |
|   |                                        | Name:      Torbjørn Gladsø |   |
|   |                                        | Title:      Director                 |   |
|   |                                        |                                 |   |
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|   | By                                          | /s/      Andrew W. March             |   |
|   |                                        | Name:      Andrew W. March           |   |
|   |                                        | Title:      Director                 |   |
|   |                                        |                                 |   |
|   |                                        |                                 |   |
|   | By                                          | /s/      Paul J. Hopkins             |   |
|   |                                        | Name:      Paul J. Hopkins           |   |
|   |                                        | Title:      Director                 |   |
|   |                                        |                                 |   |
|   |                                        |                                 |   |
|   | By                                          | /s/      Richard H.K. Vietor         |   |
|   |                                        | Name:      Richard H.K. Vietor       |   |
|   |                                        | Title:      Director                 |   |
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|   | SCANDIC      AMERICAN SHIPPING LTD.         |                                 |
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|   | By                                          | /s/      Herbjørn Hansson       |   |
|   |                                        | Name:      Herbjørn Hansson     |   |
|   |                                        | Title:                          |   |
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