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Background - History In 1801, the name of William Miller first appeared in the Handbook of the Hamburg Stock Exchange. William Miller, born in Perth (Scotland) 1772, had moved to Hamburg at the end of the century to arrange customs clearance and sales on behalf of the Scottish fishing industry. However, he soon began to diversify his activities to various areas in the shipping business. After he died, August Bolten was his successor who took over the sole control of the business 1841. The company really began to expand with the advent of steam powered vessels. August Bolten was one of the first to recognize the potential of a reliable shipping line. He co-founded the Hamburg-America and Hamburg-Sud shipping lines and became their representative. Bolten also represented a number of other German and foreign shipping lines. Following World War I and post-war inflation, the German fleet was one of the cheapest to sail under. Consequently, a large number of Swedish shipowners registered under the name of Bolten. The company gained expertise in operation and chartering ships during this period and managed to build up its own fleet. This experience proved to be valuable. In World War II the total fleet was lost and the company was forced to start new activities. Only in 1951 Bolten took delivery of its first newbuilding MV "August Bolten" which was entered into the North- and Baltic Sea trade. During the 50ies and 60ies further newbuildings were brought into service. 1968 the MV "Barbel Bolten" (140 TEU) was the first German container vessel. In the 70ies Bolten was one of the largest car carrier operators in Germany. Besides the tramp- und dry-cargo activities, 1961 Bolten, together with partners, founded the ferry company "TT-Line" with its service between Travemunde and Trelleborg in Sweden. The dry-cargo fleet was continously renewed and extended and today Bolten operates a fleet of modern multi-purpose vessels and handy-size bulkcarriers. The company Aug. Bolten Wm. Miller's Nachfolger (GmbH & Co.) KG is today owned by the families Binder and Killinger, representing the seventh generation of more than 200 years of successful shipping business. Bolten operates a diversified fleet of container-, Multi-Purpose-Vessels and bulkcarriers. A skilled and experienced team is managing the day-to-day shipping business for Chartering S & P Ships Operation Technical Management Safety-Management/ISM Crewing Accounting Port Agency All these services are also offered to third party customers by Bolten and their affiliated companies Lydia Mar Shipping Co. S.A. Possidonos Avenue 18 17674 Kallithea/Greece Phone: +30 (0)210 / 942 6451 Fax: +30 (0)210 / 942 6876 E-Mail: Lydiamar@Lydiamar.gr Internet: www.Lydiamar.gr BuS Shipmanagement GmbH Mattentwiete 8 20457 Hamburg Phone: +49 (0)40 / 3601 - 0 Fax: +49 (0)40 / 3601 - 339 Beside the activity as shipowners and managers, Aug. Bolten has an interest in the liner company SIMA France/LIGNE DES RIVIERES (LdR), with its management office in Paris, SIMA France. LdR is mainly involved in the transport of logs, sawn timber and cocoa beans from West Africa to the European Continent with about 4 - 5 sailings per month. SIMA France 6 Rue d'Antin 75002 Paris Phone: +33 (0)1 / 53 45 99 10 Fax: +33 (0)1 / 53 45 99 19 E-mail: simafrance@gofornet.com As one of the main shareholders of the company IRISL Agency (Germany) Aug. Bolten continues its tradition as Liner Agent. The IRISL Agency (Germany) represents the Islamic Republic of Iran Shipping Lines (IRISL), which offers a regular liner service from Hamburg to the Persian Gulf with a frequency of 4 container- and 1-2 conventional sailings per month and world-wide cross-bookings. IRISL Agency (Germany) GmbH & Co. KG Mattentwiete 8 20457 Hamburg Tel.: +49 (0)40 / 3601-497 Fax: +49 (0)40 / 3601-320 Email Lines Manager: klaus-busch@irisl-agency.de Aug. Bolten has been representing a Protection & Indemnity Club - Assuranceforeningen GARD - one of the leading international P & I Clubs for over ninety years. The Club's members can always rely on the support and the know-how of their representative in Hamburg, assisting in all events, like cargo damages, collisions, legal disputes and similar cases. In addition to its tramp and liner shipping activities, Bolten has an interest in TT-LINE (GmbH & Co. KG) , a Ro-Ro and Ro-Pax ferry company in the Baltic, which provides two liner services from L beck/Travem nde to Sweden and from Rostock to Sweden with a total fleet of 7 vessels. In particular, the fleet comprises NILS HOLGERSSON and PETER PAN, two large passenger ferries, and NILS DACKE and ROBIN HOOD, two truck / trailer ferries with passenger capacity. These 4 ferries are connecting Travem nde and Trelleborg. The other line between Rostock and Trelleborg is served with two Combi-Carriers, the HUCKLEBERRY FINN and the TOM SAWYER, and the High Speed Catamaran DELPHIN, which is connecting the two ports in less than 3 hours. TT-Line GmbH & Co. KG Mattentwiete 8 20457 Hamburg E-Mail: info@TTLine.com Phone: +49 (0)40 / 36 01 - 0 Fax: +49 (0)40 / 36 01 - 226 The team, headed by Gunther Souhr, serves the interests of many clients throughout the world, including many major shipping lines and has built up a profound knowledge of local conditions, as port regulations, docking procedures, port fees and arranges for clearance of vessels, drydocking procedures, crew changes as well as supplies of fuel, lubricating oils, machinery parts and provisions. The experience gained in working with shippers, stevedoring companies, suppliers and authorities guarantees for a trouble-free and professional handling of your vessel in the port of Hamburg and all other German ports. Port Agency e-Mail: Agency@aug-bolten.de Ext. Phone (aoh) Mobile Gunther Souhr -463 +49 (0)40 / 40 78 68 +49 (0)172 / 431 02 28 Manfred Behrmann -358 +49 (0)172 / 560 30 85 Mirko Vogel -464 +49 (0)40 / 73 93 75 17 +49 (0)170 / 864 34 85 Fax -230 Telex 214 575 aubo d Bolten Wilhelmshaven: As from 2002 we have opened a new office in Wilhelmshaven, operated by Mr. Gunnar Friebel. This will enable us to serve our clients even better. Please contact: Aug. Bolten Wm. Miller's Nachfolger (GmbH & Co.) KG Allmersstrasse 24 26386 Wilhelmshaven Phone: +49 (0)4421 / 507777 Fax: +49 (0)4421 / 507775 e-mail: bolten.wilhelmshaven@aug-bolten.de Gunnar Friebel aoh: +49 (0)4421 / 60289 mobile: +49 (0)172 / 4224597 Telex: 214 575 aubo d Bolten operates a diversified fleet of container, Multi-Purpose-Vessels and bulkcarriers. A skilled and experienced team is managing the day-to-day... Aug. Bolten Wm. Miller's Nachfolger (GmbH & Co.) KG