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We are pleased to announce the successful implementation of the BunkerDashboard® Bunker Procurement Software at Teekay, APL and OMI and Mitsui OSK.

CRESSKILL, New Jersey, January 30, 2008. -- Bunker Logistics, a provider of bunker procurement
software, today announced the successful implementation of its BunkerDashboard Bunker
Procurement Software at Mitsui OSK Lines in London. MOL is a multi-modal transport, operating over 800 vessels worldwide.

CRESSKILL, New Jersey, September 30, 2006. -- Bunker Logistics, a provider of bunker procurement
software, today announced the successful implementation of its BunkerDashboard Bunker
Procurement Software at Gemini Tankers (né OMI Corporation) in Connecticut.

CRESSKILL, New Jersey, June 1, 2006. -- Bunker Logistics, a provider of bunker procurement
software, today announced the successful implementation of its BunkerDashboard Bunker
Procurement Software at APL in Singapore which is part of the NOL Group.

CRESSKILL, New Jersey, Oct. 10 2005. -- Bunker Logistics, a provider of bunker procurement
software, today announced the successful implementation of its BunkerDashboard Bunker
Procurement Software at Teekay Shipping Corporation. By automating the procurement process
and integrating it with robust tools, the solution helps users and distributed teams improved their
knowledge base, collaborative efforts, productivity and performance. Teekay currently owns and operates over 180 vessels. Additionally, the BunkerDashboard helps in supplier management, claim monitoring, improving reporting and trending while adding data integrity and security