HSHI received orders from the National Iranian Tanker Company (NITC) for two
317,000-dwt VLCCs and four 164,000-dwt crude oil tankers, from MPC Steamship of
Germany for two 4,300 TEU containerships, and from CMA CGM S.A. of France for two
1,700 TEU containerships.

The NITC fleet consists of 28 vessels, including VLCC, LPG and product carriers.
The MPC Steamship fleet consists of 29 vessels, including bulk carriers, containerships, and reefer carriers. CMA CGM S.A., as one of the major worldwide container shipping lines (ranking 5th in the world), is operating 182 vessels. Including two 1,700 TEU containership orders, HSHI has eight containerships for CMA CGM S.A. in its backlog.