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INVESTOR MEMORANDUM FUNDING FOR VESSEL DEVELOPMENT AND MARITIME SUPPORT

INFRASTRUCTURE
29TH AUGUST, 2014
IMPORTANT
INFORMATION
"either the Company the Directors the initiators nor any of their respective officers members employees
representatives or agents accepts any responsibility or liability whatsoever for the information provided and the
Investor must satisfy themselves on any sources of information used in making their decision.
2
This Document has been prepared solely to provide information and sufficient key detail for the consideration of
prospective Well-informed Investors and is circulated to a limited number of Well-informed Investors on a confidential
basis solely for the purpose of evaluating an investment in the Company. This Issuing Document supersede and replaces
any other information provided by the initiators and its representatives and agents in respect of the Company.
However the document is provided for information only and is not intended to be and must not alone be taken as the
basis for an investment decision.
#ach recipient hereof by accepting delivery of this Document agrees to keep confidential the informationcontained herein
and to return it and all related materials to the Company if such recipient does not under take to invest in the Company.
The information contained in this Document and any other documents relating to the Company may not be provided
to persons $other than professional advisers% who are not directly concerned with any investors decision regarding me
investment offered hereby.
!y accepting this Document and any other information supplied to a potential investor by the initiators the recipient
agrees that such information is confidential. "either it nor any of its employees or advisers will use the information for
any purpose other than for evaluating an investment in the Company or divulge such information to any othe partyand
acknowledges that this Document may not be photocopied reproduced or distributed to others without the prior written
consent of the initiators.
!y accepting this Document Investors are not to construe the contents of this Document or any prior or subse&uent
communications from the Company the initiators or any of their respective officers members employees
representatives or agents as investment legal accounting regulatory or ta' advice. Investors should conduct their own
investigation and analysis of an investment in the Company and consult with their appropriately authori(ed legal
investment accounting regulatory and ta' advisers to determine the conse&uences of an investment and arrive at
an independent evaluation of such investment including the applicability of any legal sales or investment restrictions
without reliance on the Company the Directors the initiators or any of their respective officers members
employees representatives or agents.
CONTENTS
). #'ecutive *ummary +
!. ,anagement Team -
#. The Competition 45
6. 2roduct )nalysis 44
7. !usiness Case for 6unding 48
,. *ummary 43
3
;. International *tandards and Insurance 4-
I. 2roposed funding structure 4+
H. 6inancial 2ro9ections and )ssumptions 4:
<. Timelines = #'it 2lans 4>
C. ,arket .pportunity /
D. 0ni&ue 1alue 2roposition 3
A. EXECUTIVE
SUMMARY
)s scientific research and the resulting global legislations are providing a greater impetus towards the use
of cleaner energy sources Wind energy is proving to be one of the key resources that is making a significant
contributions towards this initiative. In #urope alone the cumulative installed wind power capacity in 854: was 44/.:
7W? which accounted for 4:@ of the total power capacity of the continent. 6or both technical and aesthetic
considerations offshore wind farms are increasingly becoming the preferred venues for the generation of wind energy. )s
of 854: -.- 7W? of the total installed wind energy capacity was through offshore wind power stations. ,oreover the
offshore wind power space represents an annual industrial investment of up to A-.+ billion currently in the #0.
6orecasts pro9ect investment to grow to
A4+.+ billion by 8585.
?*ourceD #W#)D Wind in 2ower E 854: #uropean *tatistics $6eb 854+%
??*ourceD Foland !erger Feport E .ffshore Wind Toward 8585 $)pril 854:%
.ffshore Wind industry
will increase from A / bn
in 854:
to A 4+.+ bn annual
market by 8585??.
4
.ffshore wind developments are moving further into deeper waters with e'treme weather conditions to ensure utilisation
of stronger and more stable wind resources. The challenge of providing support during construction operations and
maintenance is growing in concurrence with the oil B gas industry. 2ersonnel access solutions need to be safe fast and
cost effective. Cack of these elements particularly tolerance to adverse weather have been a ma9or contributor to
reduced operation efficiency in the past. Centurion ,arine !1 seeks to take advantage of this unsatisfied need in the
#uropean market and to engage in providing customised solutions for offshore wind farms.
EXECUTIVE
SUMMARY
&ut#h Marine &eve!opment Overseas BV '&M& Overseas( 'www$mmarine$#om(
An I)O*+,,- a##reite an NATO*!iste or.anisation with over -/ 0ears of experien#e in the bui!in." support an
supp!0 of a wie ran.e of #ommer#ia! an Nava! vesse!s$
Marine &eve!opment 1o!!an BV 'M&M BV( 'www$mhbv$n!(
An or.anisation ei#ate to the ori.ina! esi.n of mu!ti*purpose vesse!s an wor2boats of 3"/ * 4,M an !ar.er$
)hip0ar TRICO BV 'www$tri#obv$n!(
An shipbui!in. or.anisation en.a.e in the esi.n" #onstru#tion" outfittin. an repair of a variet0 of wor2 #!ass
vesse!s$
Centurion Marine BV is #urrent!0 see2in. an investor or a .roup of investors for a meium term funin.
!ine of 8 94$: mi!!ion to enab!e the bui!in. of vesse!s 't0pi#a!!0 maintenan#e support an a##ommoation vesse!s( in
orer to be ab!e to serve mu!tip!e #!ients in this .rowin. mar2et$ The funin. wou! be uti!ise for the #onstru#tion of
one #ustomise vesse! per 0ear over the next five 0ears" epenin. on #ustomer a#;uisition$ A part of the fun sha!! a!so
be a!!o#ate to the offsettin. of operationa! #osts or wor2in. #apita! re;uirements$ This strate.0 wi!! be uti!ise in
#apturin. a !eaership position in the offshore win farm so!utions mar2et$
<or an investor" this venture wou! provie a##ess to Centurion Marine=s offshore so!utions business an a!so the
renewab!e ener.0 mar2et" one of the few hi.h*.rowth inustria! se#tors in Europe$ >ith Centurion Marine" an investor
wou! have a partner with%

Extensive te#hno*#ommer#ia! expertise in the offshore business


Experien#e in mana.in. an operatin. en*to*en offshore operation
Existin. !o.isti#a! an operationa! setup
Customer*riven" pra#ti#a! an te#hni#a!!0 avan#e vesse! esi.n so!utions
Centurion Marine BV is
see2in. an investment of
8 94$: mi!!ion throu.h
mu!tip!e rouns of
funin.$
Consu!tant an funin. fa#i!itator Mi!!er 5roup 6t$ ' www$mi!!er.roup$#o(
An finan#ia! an te#hno!o.i# or.anisation spe#ia!ti7e in funin. join ventura proje#ts$
CENTURION MARINE BV is a joint venture between four firms with expertise in eve!opment"
#onstru#tion an operation of servi#e vesse!s$ The three partners in this venture are%
5
B. MANAGEMENT
TEAM
10%
10%
The e'isting ownership structure of this 9oint
venture is as followsD
DMD Overseas
MDM BV
Shipyard Trico BV
80%
The management team is comprised of highly e'perienced individuals who are committed to pushing the
venture towards its short-term and long-term goals.
R. KRAFT
Chief #'ecutive
.fficer
B. NEEVEN
Chief #'ecutive
.fficer
C. SCHIPPER
Chief .perating
.fficer
- !usiness development
$0*) B #urope%
- *hip Design B
*hipbuilding
- .perations
- Contract ,anagement
- !usiness Development
$#,#)%
- Corporate 6inance
- .perations
- Contract ,anagement
- .perations
- Human Fesource
,anagement
- *hipbuilding
- Cicensed !roker
S
t
r
e
n
g
t
h
s

a
n
d

E
x
p
e
r
t
i
s
e
G5 combined years of
e'perience know- how
specialist e'pertise and
comprehensive service
&ualities giving C, a
global reputation of
e'perience in
technology operating
and building of
speciali(ed vessels.
)s stated earlier Centurion ,arine !1 is a 9oint venture of four organisations with complementary
areas of e'pertise in the offshore services space.
6
C. MARKET
OPPORTUNITY
#urope in particular its Western part is one of the most lucrative markets for offshore wind farm $.W6%
installations owing to a ready availability of this natural resource and the #0Is leadership in clean energy adoption.
The continent accounted for :4.-@ market share of the global installed wind energy capacity of :G.: 7W
in 854:?.
)s per #uropean Wind #nergy )ssociation $#W#)% offshore wind farm installations comprised 4+@ $4G-/ ,W%.
This represents an increase of :+@ over 8548Is .W6 installations??.
.wing to favourable #0 and local government regulations heavy investments of up to A/ billion were made towards
.W6s??.
7ermany and !elgium along with the current largest market 0< are seen as the greatest growth prospects?.

The #0 .W6 capacity is e'pected to nearly &uadruple $8/855 ,W% with 485 new .W6 installations
e'pected by 8585?.
#urope will remain the leading investment destination for .W6 installations with an estimated
investment of A4+.+ billion in 8585. #urope will attract nearly /5@ of the worldHs total investment???.
4@
:@
:@
UK
Denmark
Germany
Belgium
Netherlands
Seden
Others
Total
>@
4:
@
GG
@
4/
@
Current Installed Capacity
??*ourceD #W#)D Wind in 2ower E 854: #uropean *tatistics $6eb 854+%
??*ourceD Foland !erger Feport E .ffshore Wind Toward 8585 $)pril 854:%
7ermany !elgium
and 0< are at the
fore-front of the
fastest growing
#uropean .W6
markets.
? *ourceD 7F* Fesearch offshore wind market outlook 854+-8585
7
Thus, supply of vessels for the OWF space is extremely lucrative on the following accounts:
Due to the fact that more and more OWFs will be built
in the coming years, the demand for modular vessels
will grow.
Besides the need of specialised vessels for the
Construction farms will also need specialised vessels
for the Operations & Maintenance Phase.
Centurion Marine BV intends to be a leading player in
addressing these market requirements through the
supply. of specially designed vessels.
CUSTOMER PAIN POINTS
Cost
The development of wind power plants is a highly capital-intensive exercise and is characterised by a low
margin business cycle. Thus, market players look to maintain a strict control over costs. For example,
contracting companies prefer to have a tailor-made vessel design with fuel-efficient vessels to undercut the
fuel and day-rate costs when operating on an yearly contract.
Accessibility & Safety
As the use of far-shore sites increases, easy accessibility to the site for personnel at any time of the day is
becoming vital to ensure efficient and quick operations. Hence, contracting companies are increasingly
presenting a desire for infield, low-budget, accommodation service vessels to better safety and accessibility.
Adaptability to high sea-state conditions
One of the major issues faced by contracting companies at far-shores is the inability to transport personnel
& equipment to site and to carry out operations during adverse conditions
MARKET
OPPORTUNITY
Major customer
needs: Low-cost,
Easy accessibility,
Safety and
adaptability to high
sea-states
Source: Roland Berger Report Offshore Wind Toward 2020 (April 2013)
8
D. UNI2UE VALUE
PROPOSITION
The solution proposed by Centurion ,arine !1 address all these pain points and is uni&ue to the
industry. Hence there are no direct competitors to this solution in the market at this time. However traditional vessel
charter companies could provide competition in this space. However this threat is mitigated by the uni&ue value
proposition offered by Centurion ,arineD
Cost #fficient
Customi(ed Design
6uel #fficient
#'pertise in *hip
management
Centurion ,arine !1
differentiates itself from
the competition by
providing uni&ue
solutions for its
customer.

E. THE
COMPETITION
charter rateD A
C, Daily
Customi(ed and
KK
5
)verage competitor
daily
8-/55
Charter FateD A
4G555
technologically
advanced designs
C3-$"%"4 T-*5
C33*1,$4
T%!*
C167$4$4
S$1"%1$' B'7$ A'+* E,,* F4$(*
Daily Charter
Fate
A 8:555 A 8G555 A 4G555 A 4+555 A 85555
Differentiation
factor
.ver si(ed only
used during .W6
construction phase
.ver si(ed high
fuel
+5 years old
vessel small
working deck at
.nly D2 4
Class limited to
4- pa'. only
high fuel
consumption
Cevel of
Competition
Cow Cow High Cow )verage
C3-$"%"4 K%1/,3 +
F%+$
VOS S8$$" VOS
S*"%!+*#"%1
S8%&$4 E'!$
M*4%$
L#. R*/
Daily Charter
Fate
A 85555 A 88555 A 4-555 A 4>555 A ::555
Differentiation
factor
High 6uel
consumption
J 455@ higher
then C,
D24 Class $ can
not be operated
within .W6 %
Cevel of
Competition
)verage )verage )verage )verage Cow
C3-$"%"4 S$*&$, P4%1#$ T%!* 9*44%4 U1%1 M*1"* SD N4".$41
R%:$4
A!"4$*
Daily Charter
Fate
A -/G55 A ::555 A 83555 A :3555 A 8-8G5
Differentiation
factor
.ver si(ed used
during
construction phase
only
.ver si(ed used
during
construction phase
only
High 6uel
consumption
J 455@ higher
than C,
.ver si(ed used
during
construction phase
only
.ver si(ed
used during
construction
phase only
Cevel of
Competition
Cow Cow )verage Cow Cow
consumption
$J455@ of C,
Design %
(G5@ more than
C, %
8G pa'. only
high fuel
consumption
885,8
$ C, :G5,8 %
.ver si(ed used
during construction
phase only
(J455@ than C,
design%
High fuel
consumption
4> pa'. only high
fuel consumption
J25%
10
F. PRODUCT
ANALYSIS
H%/. S"*1,*4,!
The speciali(ed vessel is built
under C,Hs own shipyard and
trained management high &uality
Dutch standards ensuring longer
life time and lower life cycle
costs as compared to its
competition.
F7$' E++%#%$1#(
The vessel houses a new generation
Kdiesel electricL propulsion system
offering fuel consumption at 85-
G5@ lower than similar vessels in
the competition.
M7'"%0-74-!$ V$!!$'
4. The only one implementing a
totally new idea of how to launch=
recover the onboard daughter craft =
crew tender.
8. Windpark supply B Diving
support with F.1 capability.
:. KDynamic 2ositioning
Kcapability $D2-8% increasing
her market charter value.
+. Can be used in both offshore
wind and .il=7as industry
C!" A,:*1"*/$
The ability to design smart modular
vessels enables C, to reduce the
building costs by almost G5@
compared to similar competition.
Cower building costs results in a
lower charter day rates at :5- G5@
lower than market.
,ain advantages of
the vesselD
Cow-cost
construction
,ulti-purpose
!uilt with high
Dutch standards
Technologically
advanced fuel
efficient system
11
G. BUSINESS CASE
FOR FUNDING
)s per #uropean #nvironment )gency there will be a significant increase in demand for renewable
energy as a result of which there will be :5-+5 times increase till 8585 and 455 times increase till 85:5 in the
offshore wind farms installed capacity. #0 region targets 85@ primary energy consumption through wind farming.
This presents a perfect opportunity for Centurion ,arine to provide its offshore services and utili(e its e'pertise
towards the growth of this industry.
Centurion ,arine $C,% has proven e'cellence in ship management and understands the potential risks which entail
this sector. C, is developing a fuel efficient D2 vessel which provides a better economical option and competitive
rates to clients. The uni&ue value proposition of cost effective renting services e'pertise in ship management and all-
inclusive smart design vessel provides the right mi' for clients.
<ey services includeD

Team with e'perience in design and building in D2 vessels.


Team with e'perience to manage and operate vessels of this type.
Team with e'perience in performing strong marketing and sales.
Well thought and realistic vessel design developed and evaluated in close
cooperation with our customers .
)s part of its e'pansion plans C, wants to build a strong fleet in a span of ne't G years that will help
cater to multiple pro9ects across the #0 region. C, plans to e'pand its fleet base to G D2 vessels by the end of Gth
year funded through investor funding and its own operations. )s a result the business has strong credentials with
relatively good profits margins to support the market demand through its services.
#'pansion plans also means that C, would benefit from economies of scale and fle'ible options to bid for short-
term or long-term charter contracts. *mart design F.1 $Femote operating 1ehicle for diving% enabled cost effective
vessels gives C, the perfect base to attract larger clients in an ever-e'panding market.
The ;oint 1enture of Centurion ,arine looks forward to capitali(e on this economic opportunity and support one of
the most promising sectors. With #0 (one looking to create an offshore wind power grid in the coming 85 years
and ensure its energy security Centurion ,arine believes it can build one of the largest offshore ship management
companies in the coming decades.
#'pansion plans for ne't
G years is to build a
strong fleet of
G vessels.
12
H. FINANCIAL
PRO;ECTIONS AND
ASSUMPTIONS
)s illustrated in the graph the revenues show a strong growth in the ne't five years with #!ITD)
margins in the range of +G-GG@ $*ee 6igure%. While formulating the pro9ections certain assumptions have been taken
into considerationD

.perational e'penses have not been reduced due to economies of scale and sharing of resources.
Fevenues have been based on fi'ed price of A4G555 per day per vessel with addition of 4 vessel every year for G
years and minimum contract period of 4 year.
,ilestone payments from clients using !I,C. standard termsD payment at start every month with one month deposit.
Feturn to investor is considered at a rate of >@ interest $Industry standards% over a period of - years with principal
repayment. )dditional bonus of 45@ $appro'imately A +.:- ,% over complete investment

to be paid in yearly steps at the time of #'it.


:5
"ew funding re&uirement for investment in
new vessel has been ad9usted to remaining cash
after e'penses.
Depreciation is considered at 4G years with
a residual value of A8./, through a straight line
method.
F%1*1#%*' P4<$#"!
8G
85
Fevenue
$,illion #uros%

4G
45 #!ITD)
,argins
$,illions #uros%
G
-
The company is well placed with pipeline of pro9ects in place and has running costs that can be covered by
continuous revenue generation. The company also starts churning profits from Mear 4 itself due to its strong cost to
pricing model. The costs for business development and obtaining new contracts has been added into the pro9ected
financial pro9ections which can be reviewed by parties who wish to carry out the due diligence. With a good F.I
F.) and profit margins the company provides profitable sustainable growth.
) high F.I with strong
profit margins places the
C, at the fore-front
amongst its competitors.
ROI= 40.>?
A!!$" T741:$4 R*"%= >>?
ROA= 19?
A:/. P4+%" M*4/%1!= 29?
13
I. PROPOSED
FUNDING
STRUCTURE
!ased on the current level of net income generated MoM on current pricing and anticipated operational
costs the payback period for the first investment shall be under - years.
The following business case represents the proposed funding structure based on the revenue generation and profit
sharing model with the investorD

Initial funding re&uirement of A3.-4- ,illion for ship-building and start-up office e'penses.
!ased on 6igure below the MoM investments decreases in order to build new vessels.
Felease of funds to secure vessels based on new contracts
Fegular payments being made by the profitable business with agreed pre-order contracts in
place which substantially reduce the risk for the investor.
6inancial pro9ections have been made based on base case of same operational costs and pricing models. Hence
enhanced profitability will further reduce the funding re&uirements MoM.

2014 201> 201@ 201A 201B


S.%-0
B7%',%1/
C!"!
CB.AM CB.>M CB.>M CB.>M CB.>M
S"*4"07-
ED-$1!$!
C91@,000 NA NA NA NA
T"*'
F71,%1/
R$67%4$,
C9.@1@M CB.>M CB.>M CB.>M CB.>M
C, is looking for
annual investments of
A>.G->./, for its
e'pansion of its fleet.
14
PROPOSED
FUNDING
STRUCTURE
The following scheme represents the proposed funding structureD
!nitial
"undin
g
#$%&
' !nvestment( )*+,%, M
' -eturn on !nvestment( ) .+&M
' %$/ 01it Bonus in #$%* ( )
*,%K
Step #
"unding
#$%2
' !nvestment( )3+2 M
' -eturn on !nvestment( ) #+4M
' %$/ 01it Bonus in #$#$ ( )
32$K
' !nvestment( )3+2 M
' -eturn on !nvestment( ) #+.3M
' %$/ 01it Bonus in #$#%( )
32$K
Step .
"unding
#$%,
'
'
'
!nvestment( )3+2 M
-eturn on !nvestment( ) #+.3M
%$/ 01it Bonus in #$##( ) 32$K
Step &
"unding
#$%4
'
'
'
!nvestment( )3+2 M
-eturn on !nvestment( ) #+.3M
%$/ 01it Bonus in #$#. ( ) 32$K
Step 2
"unding
#$%3
In conclusion Centurion ,arine will be in a strong financial position in order to support regular return
on investments for the investor. ) robust business model uni&ue value proposition and substantial resale asset value
allows the funding to be secured if re&uired.
The company in general is supported by secured income and sustainable growth. )n investor should keep in
consideration all the above mentioned criteria before release of funds. "ote that the actual market value of vessel is
A8.: , higher at A 44,. *hipyard=C, is building the vessels at cost price and not market value which presents an
interesting point for the investor to secure his loan with the underlying market value of A44,.
#ach of the funding rounds will be reviewed with the investing partner based on the situation at the ground and
currents economics. In addition to the investment itself C, looks forward to working with its investment partner for
each decision it takes for the growth of the company. Hence the investment program will be carried out in a phased
approach based on the success of current investment and e'pansion plans of the company.
Constant
flow of income

*ubstantial
profit sharing
Fe-
investment
towards
e'pansion
15
Insurance
The total hull and machinery insurance value of these owned vessels is stated as 8.7 Million, insured
to the level of building / replacement of vessel costs, from the insurance company P&I London , covering
hull and machinery only. Depending on the use of the vessels their actual resale value could be different;
in many cases it is likely to be greater than the hull and machinery value as in reality it can be based on
the commercial use that Centurion Marine is able to obtain from the vessels.
To maintain insurances and operational licenses, the vessels and operations undergo two main
inspections and audits annually:
a. Hull and Machinery insurance inspection and valuation (carried out by an independent specialist
engineering group who are compliant with and meet P&I London insurance criteria)
b. An initial operational and usage audit by Shipowners P&I to ensure the vessels have all the
necessary physical and operating procedures to enable safe operation to recognised maritime
standards. This is then updated by Centurion Marine to maintain compliance and safe operating
practices.
Some important details about the insurance claim:
USD 500 Million - For Protection & Indemnity
Deductible: 20.000 each accident in respect of P.A. Claims
10.000 each accident in respect of Collision Liability;
2.000 other P&I related claims
Vessels Design, Engineering, Building and outfitting location: The Netherlands ( ensuring
High Grade Building and Quality increasing resale values )
Vessel registration: Dutch (needed to apply for Dutch TAX incentives )
Class notation: Dynamic Positioning
Dynamic Positioning (DP) is a great advantage for wind farm service ships as it is a computer-controlled
system that automatically maintains a vessels position and heading. Moorings and anchor handling are
not needed anymore. Rather, own propellers and thrusters are used while sensors for environmental
forces and motion combined with a GPS position reference system control the positioning of the vessel.
J. INTERNATIONAL
STANDARDS AND
INSURANCE
Key aspect of the
business is to follow
the international
standards and secure
the vessels through
premium insurance.
16
INTERNATIONAL
STANDARDS AND
INSURANCE
C'*!! #$4"%+%#*"%1 :$!!$'= 7ermanischer Cloyds $ensures proper building &uality = resale value%
7ermanischer Cloyd offers rules and guidelines that cover all aspects of offshore pro9ectsD design
development construction security operation and management. 7C e'pertise is currently supervising several
offshore service vessel new building and re-building pro9ects including self-elevating units for wind turbine
installation crew boats accommodation units anchor handlers cable layers and various supply and
maintenance vessels. 7C Fules are constantly being fine-tuned to reflect advances in technology across the
industry. The recently issued Fules for the Classification and Construction of .ffshore *ervice 1essels and
0nderwater Technology include more than 85 special notations for the wide variety of vessels and tasks
undertaken in offshore pro9ects.
#nsuring compliance for all vessel types .ne of the ma9or challenges of all offshore installation and service craft is
ensuring compliancy for vessels that integrate sophisticated concepts and fulfill many different purposes. 7C is
your guide when applying the regulatory framework such as *.C)* ,)F2.C 7uidelines for the Design and
Construction of .ffshore *upply 1essels 855- $.*1-Code% Code of *afety for *pecial 2urpose *hips 855> $*2*-
Code% International Code of *afety for High- *peed Craft 8555 $8555 H*C-Code% and ,aritime Cabour
Convention $,CC%.
.ur e'perts are at your side for clarification and negotiations with flag states to find the most advantageous
and practicable solutions for your pro9ects.
C7!"3$4 #1"4*#"= 0sing only !I,C. standard charter contracts
!I,C. is the recognised world leader in the production and revision of standard maritime contracts and clauses.
The Documentary work of !I,C. has been one of the cornerstones of the association for over 455 years because
of its importance in providing a tangible contribution to trade facilitation harmonisation and the raising of
contractual standards within the maritime industry consistent with our stated vision and mission.
In producing new standard forms of contract and clauses and revising e'isting ones we aim to represent
fairly the interests of both parties. Contracts and clauses are written in legally sound language in a style that
clearly conveys to both parties the risks and rewards of the agreement. .ur consistent approach to the development
and updating of maritime contracts and clauses helps to raise contractual standards improve harmonisation in the
industry and ensure widespread use. This in turn helps to reduce the likelihood of disputes arising over the
interpretation of contracts and clauses by commercial parties.
) key feature of our documentary work is the ability to anticipate and react to the needs of the industry for
standard contracts and clauses.
<ey aspect of the
business is to follow the
international standards
and secure the vessels
through premium
insurance.
17
K. TIMETABLESF
EXIT PLANS
854+ 854G 854- 854/ 854> 8543 8585 8584 8588 858:
Interest return Q
>@ R )dditional
e'it bonus Q45@
over amount
investment
1essel Development
and Charter
Coan repayment
period
C, will offer full return on investment within - years R > @ interest R e'it bonus of 45@ on the
investment at the time of e'it.
C,Hs focus is to build a sustainable and transparent business in order to cash out when necessary. In
the event of the proposed plan not being successful sufficient measures shall be taken in order to protect the investor.
)ll e&uipment and machinery will be sold to cover any outstanding debts. The residual value of each vessel as it
stands at the end of -th year is e&uivalent to A 8./ ,illion. )ny remaining debt will be covered by C, in form of
monthly payments until all debts are paid.
C,Hs commitment to secure its investors funds remains a top priority and will follow standard
procedures to order for repayment to occur. C, shall continue to run the business after each e'it unless otherwise
re&uired under unforeseen circumstances in order to support the investor funds.
Fobust #'it strategy
that provides sufficient
returns to the investor.
Investment G 2ayout 2eriod
Investment + 2ayout 2eriod
Investment 8 2ayout 2eriod
Investment : 2ayout 2eriod
!nvestment % 5ayout 5eriod
18
M. SUMMARY
Competition
J Competition is
medium-high but
cost
competitiveness key
to success
7ood Feturn on
Investment
J #stimated
return on
investment at
+5@ and
2ayback period of
- years
Technology
J *mart and
customi(ed
vessel design
giving clientHs
value added
benefits
,arket *tability
J #uropean
market showing
tremendous
growth till 8585
Cost
Competitiveness
J 7reat margins
for our clients
8588
854+
Targets are ambitious. )
stable and competitive
business model.
Centurion ,arine will
deliver its Investor
*ustainable 2rofits.
1
C33%""$, " * G4$$1 *1, S7!"*%1*&'$
+7"74$GG

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