| W I T N E S S E T      H: |
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|   | NORDIC      AMERICAN TANKERSHIPPING LIMITED |                                                                        |
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|   |                                        |                                                                        |
|   | By                                          | /s/      Hon. Sir David Gibbons                                             |   |
|   |                                        | Name:      Hon. Sir David Gibbons                                           |   |
|   |                                        | Title:      Director                                                        |   |
|   |                                        |                                                                        |   |
|   |                                        |                                                                        |   |
|   | By                                          | /s/      Andreas Ove Ugland                                                 |   |
|   |                                        | Name:      Andreas Ove Ugland                                               |   |
|   |                                        | Title:      Director                                                        |   |
|   |                                        |                                                                        |   |
|   |                                        |                                                                        |   |
|   | By                                          | /s/      Torbjørn Gladsø                                          |   |
|   |                                        | Name:      Torbjørn Gladsø                                        |   |
|   |                                        | Title:      Director                                                        |   |
|   |                                        |                                                                        |   |
|   |                                        |                                                                        |   |
|   | 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.         |                                                                        |
|   |                                        |                                                                        |
|   | By                                          | /s/      Frithjof Bettum                                                    |   |
|   |                                        | Name:      Frithjof Bettum                                                  |   |
|   |                                        | Title:      Vice President Technical Operations & Chartering            |   |
|   |                                        |                                                                        |   |
|   |                                        |                                                                        |   |
|   | By                                          | /s/      Jan Erik Langangen                                                 |   |
|   |                                        | Name:      Jan Erik Langangen                                               |   |
|   |                                        | Title:      Executive Vice President – Business Development and Legal |   |
|   |                                        |                                                                        |   |
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