Presentation by:

Group Members: SIDRA IBRAHIM (48) KASHIFULLAH (49) IMMAD ALI (50)

OceanConnect.com
(oceanconnect.com) is a global emarketplace for selling and buying marine fuels. It is a consortium backed by the major global suppliers and some large buyers of such fuels. More than 700 registered users from about 50 countries deal in this market.

Traditional trading is
complex, inefficient, and expensive.

Trading in marine fuels is done by

auctions and negotiations. Thus, an electronic solution was required to meet current day to day advancing technology.

OceanConnect.com found the proper solution with Live Exchange Enterprise (from Moai Technologies). OceanConnect.com uses a variety of transaction models ranging from the more traditional sealed-bid process to reverse auctions to complex, multistage online negotiations on multiple parameters. These mechanisms allow marine fuel purchasers to invite selected participants, specify the time and place of an online transaction event.

OceanConnect is the only company which combines state of the art on-line technology as well as 24/7 traditional expertise to provide global energy and risk management products and services.

A team of energy and shipping experts in offices around the globe is available 24/7 to provide transaction assistance.

Market Information:

(OceanConnect) offers daily bunker pricing, news stories, commentary, weekly market reports, forward price indications, and more.

(OceanConnect) provides customized global risk management services for ship owners, traders, refiners, and financial institutions. Global coverage. Global expertise.

(OceanConnect)'s global services include: Marine fuel auctions

Marine fuel derivatives

Marine fuel global brokering

Fuel oil derivatives

 Clean products derivatives

Cargo brokering Chemical brokering Ethanol brokering

Oceanconnect.com Port Regions:

Africa Antarctica Black Sea Central America & Caribbean Far East Mediterranean Middle East, The North America North Europe Russia South America South Pacific Sub Continent

Members register from the home

page. Your registration protects the

security of your data and qualifies you to participate in online

transactions as buyer, seller, or

broker.

Using the instant messaging feature to negotiate with suppliers can get you an even better price. For example, if there are two suppliers at the same price level, you can tell them that they need to improve their price to win the business. Or if the market is below what suppliers are offering, send an instant message telling the suppliers to Please Improve, the market is one dollar lower.

Noticing that bidding activity peaked near the end of auction events, OceanConnect.com added an Extension Window feature that extends the bidding for 3 minutes if a lower bid comes in during the last 3 minutes. This feature continues as long as new bids are entered, allowing suppliers to have a last look at the lowest bid and affording them additional time to offer their best price.

Neptune Orient Lines Ltd. (NOL), one of the

worlds largest container shipping lines,

which created a transaction that generated

14 bids by 4 suppliers and closed online with

one of them. NOL said that the auctions save

time and money and are the best platform for

bunker purchasing.

Throughout the auction, NOL communicated with suppliers via OceanConnect.coms Instant

Messaging feature, which allowed

the buyer to request clarification

on bids or answer supplier

questions.

Market Coverage :

OceanConnect global brokerage presence in derivatives and physical markets provides access to the entire worldwide sphere of market makers. Greater market liquidity produces more competitive, truer price quotes.

OceanConnect service will

compare similar products, locations,

and timing, with an eye towards securing

the lowest possible risk and the best

possible price. Other bases are available

for a complete range of hedging facilities.

Through its extensive network of

market maker counterparties, OceanConnect endeavor to most closely cover the owners shipping routes.

Identifying the most effective hedge for

an owner operating vessels.

OceanConnect do not trade against

your requirements. Instead, they provide actual quotes from multiple potential counterparties. Negotiating a

transaction beneficial to both parties

is their only interest.

By all measures--revenue, tonnage, company growth and customer acquisition-- last year was a strong year for OceanConnect. They aim to continue

their considerable growth in the current

year.

The Web address www.oceanconnect.com shall be the home page. Effective April 4th, 2011 all Marine Fuel Auctions are redirected to OceanConnect Marine.

Doors are Open For Your Simple and Easy Questions.