Ne 53 205 me 25 SP BONO = atone we cao Registered No. 2006 - 20843 NOTARIAL CERTIFICATE KIM, CHOI & LIM §-6, SUSONG-DONG, CHONGRO-KU, SBOUL, KOREA eyIRNEY September 11, 2006 KNOW ALL MEN BY THESE PRESENTS ‘That HYUNDAI HEAVY INDUSTRIES CO., LTD,, a company duly organized and exiting under the laws of the Republic of Kores, having its principal office at 1, Cheonha-Dong, Dong-Ku, Ulsan, Korea (hereinafter called the "Company"), does hereby appoint and ‘authorize Messts. M.S. Hwang andor D. Y. Han andlor B. T. An and/or SI Hong and J. Bae andlor C.J. Chang andor Y. H. Yeo, and/or D. . Cho andlor G. J. Ha andlor JS. Lee andlor J. K. Nob, all ofthe company a the Companys true ad lawful ttomeys-in-fact, each ‘one acting singly, with fill powers to discuss, negotiate, sign deliver and amend, inthe name and on behalf of the Company, the shipbuilding contacts forthe constuction and sele of three (3) units of 318,000 DWT Class Crude Oil Cartier bearing the Company's Hull Nos. 2002/2005/2017 with ATHENIAN SEA CARRIERS LTD., a corporation incorporated nd ‘existing under the laws of Greece, having its principal office at 10-12 Kifisias Ave, 151 25 Amaroussion, Athens, Greece or its nominee, and any other document, agreements addenda orinstrument elated thereto, ‘The Company hereby agrees to ratify the said shipbuilding contracts and other documents agreements, addenda or instruments elated thereto, signed in such forms as the attoeysin-fact deem in ther absolute discretion appropriate IN WITNESS WHEREOF, the Company has eaused this POWER OF ATTORNEY to be duly executed by its President and Chief Executive Officer on the day and year rst above writen HYUNDAI HEAVY INDUSTRIES C0, LID. Kil Seon Choi President and CE.0.27 908 ms oe ae ganas 23 el Seerdyopmay ime Si 2006 Al 20803 Registered No. 2006 20843 Ql = NOTARIAL CERTIFICATE Aagaa bea WA AASEA FAA altorney-in-fact of Kil Seon Choi aH a a a President and C.E.0, Hyundai Heavy ones Adee gga e appeared before me and admitted BAS AoA] a] Beto} said principal's subscription to the AMBIUVA AUS abgheisteh. attached POWER OF ATTORNEY. ee ae ‘This is hereby attested on this 128 day o} APLala) 9] elsetep of SEP. 2006. at ths office FSU WT Alas KIM, CHOI & LIM AGS! £27 455 0-6 80-6, SuSong-dong, ChonsRo-Gu. Seoul, Korea ‘horney at Law acting a8 Notary Rabie => Set ay Hee Tack Lim This office has been authorized by the Minister of Justice the Republic of Korea to act a8 Notary Public since, July 18, 1991 under Law No, $790, Tay Tae ane st ‘sis