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SERVICE PROVIDERS


                    commercial law firm













                                                                            KVALE ADVOKATFIRMA DA
                                                                            PO Box 1752, Vika -
                                                                            NO-0122 Oslo, Norway
                                                                            Tel: +47 22 47 97 00 - Fax: +47 21 05 85 85
                                                                            Email: post@kvale.no - Website: www.kvale.no
                                                                            Contact persons:
                    COPYRIGHT: FARSTAD SHIPPING.                            Kristian Lindhartsen
                                                                            Tel: +47 93 00 33 13 - Email: kli@kvale.no

                                                                            Lasse Hagen
                                                                            Tel: +47 41 77 73 25- Email: lha@kvale.no



                     Kvale is a leading Norwegian business law fi rm comprising of 75 lawyers. The fi rm's main focus is
                     on the offshore sector, which includes petroleum- and maritime operations.

                     Legal Services to Shipping       by support vessels and other operators
                     & Offshore Companies             active in the interface between commercial
                     Kvale's Shipping and Oil Service Group   contracts and strict legislation applying for
                     assists parties operating within the shipping   the petroleum industry.
                     sector, hereunder shipowners, charterers,
                     managers, oil companies and other parties   Kvale has a frame agreement for legal
                     involved in the shipping industry. Kvale   services with the Norwegian Coastal
                     is recognised for its strong competence   Administration, a governmental body
                     within contract law and the fi rm has broad   responsible for vessel traffi c services, pilot
                     experience in advising on the various   services, national preparedness against
                     contracts applicable for maritime activities   acute pollution, maritime legislation and
                     (inter alia charterparties, supply contracts,   transport planning.
                     vessel service contracts, salvage contracts,
                     management agreements and other   Kvale’s lawyers have considerable
                     contracts used in the maritime sector).  experience working with international treaties
                                                      and regulations applicable for the shipping
                     Kvale has recently extended its portfolio by   industry, and the fi rm has a team with
                     taking on the shipping team from boutique   lawyers specialised in EU law.
                     law fi rm Kyllingstad Kleveland, and is now
                     providing legal services within all parts of   Kvale’s M&A/Corporate team has extensive
                     the shipping and offshore industry, including   experience with transactions in the shipping
                     maritime law, ship building, ship fi nancing,   sector and is acknowledged for its high
                     marine insurance, tax law, environmental   quality services.
                     law, labour law, safety regulations and sector
                     related M&A and S&P, hereunder sale/  Kvale is recognised as being cost effi cient
                     leaseback transactions.          and able to handle the most comprehensive
                                                      matters within the set deadline. This has
                     Kvale's unique competence within the oil and   resulted in top rankings within several areas
                     gas sector has been an important basis for   by leading rating bureaus.
                     Kvale's activity within the maritime sector.
                     The fi rm possesses a unique understanding   “Market sources admit themselves that
                     of the connection between petroleum   they are 'tremendously impressed' with
                     legislation, maritime law and thereto available   the quality of the fi rm’s work.”
                     insurances for the activities undertaken   Chambers and Partners

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