MENU FIND CONTACT SEARCH BY NAME: GO TO: BUSINESS AREA LOCATION FIND VESSEL SEARCH BY NAME: GO TO: BULK OTHER VESSELS latest news 10-10-2018 DANISH FERRIES SOLD TO MOLSLINJEN VIEW ALL steel sailing schedules EUROPEAN SAILINGS BRAZILIAN SAILINGS MOBILE - TAMPICO VISIT WEBSITE COPYRIGHT © CLIPPER GROUP

MENU BOARD OF DIRECTORS Members of the Board of Directors of Clipper Group Ltd. are: Frank G. Jensen, Partner & Chairman Torben G. Jensen, Founder Henrik Lund Dal, Partner Mikael Skov, CEO, Hafnia Tankers Peter Appel, Chairman, Gorrissen Federspiel VISIT WEBSITE COPYRIGHT © CLIPPER GROUP

MENU GROUP STRUCTURE Clipper Group is a privately owned company, established in 1972 as a ship operator. Since then, the company has grown to become an industry leader in dry bulk with substantial investments in other shipping segments as well. Clipper Group Ltd. is the parent company, which is incorporated in the Bahamas but with main business address in Denmark and subject to full Danish taxation. The core business area of Clipper Group Ltd. is dry bulk shipping. Clipper Group A/S is a Danish, fully owned subsidiary of Clipper Group Ltd. The primary activities of Clipper Group A/S are ferry services in Denmark (Danske Færger) and ro-ro ferry services on the Irish Sea (Seatruck Ferries). Clipper Bulk A/S is a Danish, fully owned subsidiary of Clipper Group Ltd. The primary activities of Clipper Bulk A/S are commercial management and administrative services for other companies in Clipper Group. Clipper Group Ltd. also has local subsidiaries in a number of other countries where we have activities and offices, e.g. the US, Colombia, Hong Kong and Japan. Clipper and the Bahamas Prior to 2009, Clipper Group had its headquarters in Nassau on the Bahamas, where part of our management team was located at the time. However, in 2009, Clipper moved its headquarters to Denmark, where framework conditions for shipping companies had improved significantly. Clipper Group Ltd. thereby also became subject to full Danish taxation, and the Danish tax authorities have full insight into our financials. Clipper Group Ltd. is, however, still corporately registered on the Bahamas, which means that we are not obliged to publish our results. We see this as a competitive advantage. Today, Clipper Group has a small office in Nassau and we have close cooperation with the Bahamian flag state. VISIT WEBSITE COPYRIGHT © CLIPPER GROUP