THE COMPANY IS A PUBLIC LIMITED COMPANY WITH OVER 30,000 SHAREHOLDERS AND IS LISTED ON THE BOMBAY STOCK EXCHANGE AND THE NATIONAL STOCK EXCHANGE.

THE COMPANY PRESENTLY OWNS AND OPERATES THREE ANCHOR HANDLING TUGS CUM SUPPLY VESSEL(AHTS’), WHICH ARE INDENTICAL SISTER SHIPS BUILT IN MAROIL SHIPYARD, SINGAPORE, IN 1983-84 AND TWO PALTFORM SUPPLY VESSELS(PSV)  – ONE OF WHICH WAS BUILT IN NORWAY IN THE YEAR 2000. THE REMAINING THREE PSV'S ARE NEW BUILDING FROM HAVYARD LEIRVIK, AS, NORWAY AND HAVE BEEN DELIVERED IN NOVEMEBER 2006, MAY 2007 AND JUNE 2008 RESPECTIVELY. THE COMPANY HAS ALSO TAKEN THE DELIVERY OF A NEWLY BUILD 60 TON ANCHOR HANDLING TUG CUM SUPPLY VESSEL IN JULY 2008.

THE COMPANY HAS PLACED ORDERS FOR ONE ROLLS ROYCE UT755LN PALTFORM SUPPLLY VESSEL TO BE DELIVERED IN JANUARY 2009 AND TWO ASHTSV'S SCHEDULED FOR DELIVERY IN SEPTEMBER 2008 AND FEBRUARY 2009 RESPECTIVELY.