Vice Chairman

Angelos D Kostakos,

of Oceanstar Management Inc.

Mr. Kostakos is Legal, Insurance and Claims Director of Oceanstar Management Inc. and a member of the Board of Directors of the American P&I Club since 2008.

Secretary

Andreas Georghadjis,

of Andreas Georghadjis & Co.

Managing Director of the law firm of Andreas Georghadjis, with 25 years of experience in the legal profession.

Member

Joseph Hughes,

of Shipowners Claims Bureau Inc., Manager of the American P&I Club.

Chairman and Chief Executive Officer of Shipowners Claims Bureau, Inc. Mr. Hughes brings 40 years of experience in marine insurance.

Member

Demos Demou,

of Fidelius Management Services Ltd.

A fellow member of the Association of Chartered Certified Accountants of UK and member of the Institute of Certified Public Accountants of Cyprus. He has served for a total of 18 years as Finance manager of large International Shipmanagement Companies and before setting Fidelius as the Financial Manager of Limassol Cooperative Savings Bank.

Member

Manolis Hadjimanolis,

Director of Qualified Business Services.

Former Chief Executive Officer of Flagstone Alliance Insurance & Reinsurance Plc.

Member

James Corcoran

Former Superintendent of Insurance of the State of New York.