LOGISTICS PROJECT FOR FOOD INDUSTRY:

Developers:Partner:

GRAINS

WHO ARE WE?

SEAL Express Logistics is a premium provider of integrated logistics services, having the mission to offer toits business partners the one-stop-shop servicing concept with focus on the Black Sea area andCentral/Eastern Europe but with global coverage.

SEAL Express Logistics services include: sea freight (containerized/conventional), air freight, intermodaltruck/ rail/ ocean, oversized and project cargo, customs clearance, trans border truck freighting,warehousing services, distribution and delivery.

Aries Logistics is one of the main break-bulk and bulk cargoes logistics providers performing a large rangeof cargo related services including port stevedoring, customs brokerage, inland transportation by barge,truck and railway, free port bonded warehousing, inland distribution, ‘door to door’ deliveries as wellshort sea or ocean carriage.

Aries Logistics is Romania’s largest grain logistics operator, being involved in port operations, customsformalities and inland logistics of agricultural products.

WHO ARE WE?

DP World Constanta

Terminal operates 364 Days per Year (except New Year’sEve / Day), 7 Days per Week, 24 Hours per DayTwo 12 Hour Shifts = 0700/1900 ~ 1900/0700Two 30 minute meal breaks per 24 hours

Full range of terminal services such as

refrigerated container power and monitoring

container stuffing and stripping services

cargo storage

container inspection

container cleaning

container repairs

EDI messaging

More than 65 marine terminals across six continents, including new developments underway in India, Africa, Europe, South America and the Middle East.

Total throughput of around 55.0 million TEU in 2013Expansion to meet future customer needs2020 ~100 million TEU , depending on demandTeam of more than 28,000 people

WHO ARE WE?DP World (CSCT)

Constanta, 20.90%

APM Terminals Poti, 15.10%

NLE Novorossyisk, 10.90%HPC Ukraine Odessa,

10.50%

NUTEP Novorossiysk, 10%

Others, 32.600%

Source: http://www.portfinanceinternational.com

Within Black Sea region, DP World’s container terminal in Constanta, Romania is thenumber one terminal for container shipments accounting for 20.9% of total volumes.

APM Terminals facility in Poti, Georgia is in second place with 15.1%. NLE inNovorossyisk, Russia remains third with 10.9%, HPC Ukraine in Odessa, Ukraineincreased from fifth to fourth place accounting for 10.5% while NUTEP Novorossiysk,Russia fell from fourth to fifth place with 10%.

ROMANIAN PORTS – GRAINS TRAFFIC

Import & export 2014 – 2015 crop

Import/Export Quantity (t)Export 16,280,532Import 703,449Total 16,983,981

Commodity Quantity (t)Corn 7,368,811Wheat 4,941,789Barley 1,587,400Rapeseed 856,720Sunflower Seeds 809,272Soybean meal 482,083Sugar 239,106Sunflower meal 217,023Rapeseed meal 197,290DDGS 67,339Soybeans 44,751Others 7,541,208Total 16,983,981

Breakdown per commoditiesOrigin Quantity (t)Romania 10,295,312Serbia 2,256,952Hungary 2,074,117Bulgaria 1,135,890Moldova 91,286Croatia 79,254Slovakia 68,672Others 279,049Total 16,280,532

Export breakdown per origins

(total)

ROMANIAN PORTS – GRAINS TRAFFIC

Import & export 2014 – 2015 crop: 5121 TEUS

(containerized)

in bags, 279 teus

bulk, 2119 teus

in bags, 262 teus

bulk, 2461 teus

DOMESTIC CARGO(2398 TEUS)

TRANSIT CARGO(2723 TEUS)

OUR PROJECTNEW FACILITY DESIGNED TO LOAD GRAINS INSIDE CONTAINERS

The facility consists of a complete container loading solution, including a container tilter, hoppers,

conveyor belts systems, elevator with dedusting equipment, digital scale, truck scale, etc. and has access

to berth (sea and river), road and railway.

Facility is served by truck/railway weigh scale and complex handling equipment such as heavy forklift,

reach stacker, heavy shore crane fitted with automatic container spreader and hydraulic grab,

transtainers, etc.

OUR PROJECTNEW FACILITY DESIGNED TO LOAD GRAINS INSIDE CONTAINERS

Targeted cargo flows:

Romanian origin exports;

Central European origin exports via Danube;

CIS origin exports via sea-river ships.

We are able to perform the following services:

Containerization of bulk cargoes from truck/ ship/ barge/ railway wagons to container;

De-containerization of bulk cargoes and delivery to trucks/ ship/ barge/ railwaywagons.

OUR PROJECTNEW FACILITY DESIGNED TO LOAD GRAINS INSIDE CONTAINERS

The mentioned services include:

reception/scaling on delivery to port;

all container movements at loading port (empty and full – Lo/Lo);

bulkhead and lining preparation and installation inside the container, including fumigation of

bulkhead material;

cargo stuffing inside the container;

scaling and sealing;

fumigation;

export formalities and documentation;

loading from container terminal to FOB Constanta (THC);

sea freight from Constanta to final destination.

OUR PROJECT

After analyzing the best possible locations and having as an aim the

reduction of costs per metric ton handled and transported, it resulted that

placing the facility closer to the container terminal the logistics costs were

lower. Consequently, we placed the facility inside the container terminal,

this guaranteeing the most cost effective solution in terms of container

movement and costs resulting from this movement.

OUR PROJECT

OUR PROJECT

OUR PROJECTNEW FACILITY DESIGNED TO LOAD GRAINS INSIDE CONTAINERS

Compared to actual logistics arrangement existing in Constanta port , we expect to have a saving of

minimum 10-15 US$ per metric ton on handling costs from CPT Constanta to FOB Constanta, subject

to the stowage factor of the cargo which is resulting from:

reducing the trucking and handling costs of the container as the containerization will be

performed inside the container terminal

reducing number of cargo handling and cargo handling costs as cargo will not have to pass the

port silo and can be delivered direct by truck/railway/barge to the stuffing location

the stuffing method allows full utilization of container volume

the stuffing method is clean, modern and safe, unlike current containerization methods available in

Constanta, with minimum losses.

DP World Constanta: Strategic Geographical Location

situated on the west coast of the Black Sea, at about 170 nautical miles North-West of the Bosphorus

direct link to the Danube-Black Sea Canal;

connected via Europe's second largest river into the heartland of the Eastern and Central Europe;

connected to the Pan European Transport Coridor IV (road and rail) and adjacent to the Pan

European Transport Coridor IX (road).

OUR PROJECT - LOCATION

DP World Constanta is the entry point to transport large volumes of containers by barge todestinations far into Europe: fast, frequent, reliable and cost-efficient in the European hinterland

Good opportunity to fructify the 20ft equipment imbalance (almost 50% more imports than exportsfor 20ft containers)

All kinds of transportation infrastructure:- Road- Rail- Trans-shipment facilities in the ports and in the hinterland

Modern handling capacities and fully compliant with all safety and security standards

Water depth for vessels up to 200,000 dwt

Investment in our people, technology and equipment will continue to deliver to our customers thebest service levels in the region

OUR PROJECT - LOCATIONDP World Constanta: Strategic Geographical Location

DP World Constanta is the entry point to transport large volumes of containers by barge todestinations far into Europe: fast, frequent, reliable and cost-efficient in the European hinterland

Good opportunity to fructify the 20ft equipment imbalance (almost 50% more imports than exportsfor 20ft containers)

All kinds of transportation infrastructure:- Road- Rail- Trans-shipment facilities in the ports and in the hinterland

Modern handling capacities and fully compliant with all safety and security standards

Water depth for vessels up to 200,000 dwt

Investment in our people, technology and equipment will continue to deliver to our customers thebest service levels in the region

OUR PROJECT - LOCATIONDP World Constanta: Strategic Geographical Location

OUR PROJECT - LOCATION

CONTACT

Aries Logistics #175 Mamaia Blvd., 3rd floor, Constanta, RomaniaPhone: +40 (241) 550871 (5 lines)Fax: +40 (241) 550898/550690

General Manager: Adrian Popescu adrian.popescu@aries-logistics.ro Mobile: +40 722230134container.operations@aries-logistics.ro

SEAL Express Logistics #45 Polona Street, 5th floor, Bucharest, RomaniaPhone: +40 (21) 539 01 92/93Fax: +40 (21) 322 48 15

General Manager: Adrian Covrig Adrian.Covrig@seal-logistics.ro Mobile: +40 722299219Commercial Director: Silvia Voinea Silvia.Voinea@seal-logistics.ro Mobile: +40 724231018Sales Manager: Luminita Vasiliu Luminita.Vasiliu@seal-logistics.ro Mobile: +40 724231019