Qatar Shipping Company Q.S.C
			Marine Transportation Fleet
Crude Oil Tankers
				Date Built		DWT		Ownership		Net DWT
1		Umlma		24-Jan-06		105,390		100%		105,390
Clean Petroleum Product Tankers
2		Jinan		31-Mar-03		37,285		100%		37,285
3		Dukhan		26-Jun-03		37,283		100%		37,283
4		Mesaieed		04-May-06		105,390		100%		105,390
5		Khawr Aladid		23-Jun-06		105,390		100%		105,390
LPG Tankers
6		Al Marona		14-May-04		17,446		100%		17,446
7		Al Majedah		07-Nov-04		17,446		100%		17,446
8		Bu Sidra	*	8-May-08		54,000		50%		54,000
9		Umm Laqhab	*	14-Aug-08		54,000		50%		54,000
10		AL WUKIR	*	18-Dec-08		54,000		50%		54,000
11		Lubara	*	24-Feb-09		54,000		50%		54,000
LNG Tankers
12		Disha		09-Jan-04		69,000		15%		10,350
13		Fuwairet		13-Jan-04		73,600		29%		21,638
14		Maersk RasLaffan		27-Apr-04		74,100		25%		18,525
15		Dukhan		12-Oct-04		71,500		20%		14,300
16		Raahi		16-Dec-04		69,000		15%		10,350
17		Lusail		24-Jun-05		76,500		29%		22,491
18		Al Thakira		19-Oct-05		76,500		29%		22,491
19		Al Debeel		15-Nov-05		76,500		29%		22,491
20		Maersk Qatar		Apr-06		77,450		29%		19,363
										803,629
			*	Under Construction