To whom it may concern

KNUD E. HANSEN A/, hereby authorized XXXXX to act on our behalf in all manners relating to represent
KNUD E. HANSEN A/S.

KNUD E. HANSEN A/S is a leading independent consultancy providing a comprehensive range of design,
engineering and project management services to shipyards and ship owners around the world. Our
innovative, customized solutions cover areas ranging from the building & conversion process of all types of
maritime vessels and offshore structures to energy optimization and services for the offshore wind
industry.

Our approach is based on a combination of continuous innovation, the free exchange of ideas with our
clients, and experience derived from many years spent working with every kind of vessel and maritime
operator. Using these, we apply fresh thinking to each new project and tailor solutions that are both state-
of-the-art and practical to meet the exact needs of each individual customer.

Advanced Engineering Analysis

Driving your engineering from concept to production
Our advanced engineering team is able to provide a complete range of advanced analyses.

These include advanced FEM structure analysis, multi-body dynamic analysis, optimal systems analysis
including hydraulic, thermal and electrical systems, CFD analysis, and stability and design analysis for any
type of ship or offshore structure.

We use the most advanced software on the market, recognized by all the major marine Classification
Societies.

Over the years KNUD E. HANSEN A/S has attained a high level of expertise in the fields of stability
calculation and engineering. This has grown out of projects involving devising stability solutions, the
upgrading of existing vessels and research projects in co-operation with national authorities and the IMO.

Extensive experience and the use of state-of-the-art computer tools enable us to offer different types of
structural calculations and designs.

Using of the most advanced Finite Element Method (FEM) tools KNUD E. HANSEN A/S can resolve a
wide variety of issues including global and local structural analysis, linear and non-linear problems
applicable to steady-state and time dependent problems. Even irregular-shaped objects composed of a
number of different materials and having complex boundary conditions can be assessed.

We can help to discover problems and refine, improve and optimise a design before dependencies on other
components prohibit changes. The result is reduced design costs, thereby shortening the product
development time.
FEM is universally recognized as one of the most important technological breakthroughs in recent times the
field of engineering and today all the major Ship Classification Societies demand FEM calculations to
support the approval process for complex and novel designs.

Dynamic Simulation
KNUD E. HANSEN A/S has extensive experience in the study of the dynamics of moving parts, generating
insights into how loads and forces are distributed throughout mechanical systems, and dividing solutions
that will, improve and optimize the performance of a design.

With the use of the most advanced multibody dynamics and motion analysis software, models of
mechanical systems can be easily created and tested in a very short time.

The analysis incorporates real-world physics by simultaneously solving equations for kinematic, static,
quasi-static, and dynamic scenarios such as:
Static and dynamic structure analysis

Buckling analysis

Flexible body analysis

Natural vibration characteristics

Structure response to external loading factors

High velocity and impact analysis

Stress, strain, or life of components in a system model

Damage and failure analysis

Correctly modelling welded, and fastened assemblies, as well as jointed connections

3D contact simulation to account for complex assembly interactions

Complex mechanical assemblies that require a dynamic analysis

CFD (Computational Fluid Dynamics)

CFD is a powerful engineering tool for simulating all types of fluid behaviour. It provides detailed
descriptions of fluid flow characteristics including values for velocities, pressures, temperatures, and other
variables.

CFD significantly reduces design and development time, provides more detailed information than physical
experiments, and quickly simulates a wide range of flow conditions. Different fluids can be modelled at the
same time (i.e. water and air), taking into account viscosity and turbulence (real flow conditions). Time
domain calculations (dynamic pressure loads, seakeeping analysis, slamming loads, etc.) can also be
performed.

Over the years KNUD E. HANSEN A/S has acquired outstanding level of CFD knowledge in marine
engineering and naval architecture through the provision of innovative design solutions and quality services
to transform engineering concepts into reality.

Energy Management & Optimisation

- across all types of systems and vessels
Energy optimisation is recognised as one of the key ways to reduce the environmental impact of shipping
and at the same time generate cost savings. At KNUD E. HANSEN A/S we have a range of innovative
techniques and state-of-the-art software that evaluate the projected energy usage on newbuildings and the
actual usage on existing vessels and identify potential design and operational improvements. Audits,
designs, and management plans are tailored specifically for each project to optimise returns. We offer the
following services to help clients reach their energy-saving goals:

Design Services
Optimised designs for new build vessels

Technical solutions for the upgrade of existing vessels

Feasibility studies

Energy Audits
On board assessment of current vessel performance

Proposal for energy savings system by system, including comparison with baseline study showing results in
terms of ROI

Voyage Management
On board management software provided through co-operation with Onboard NAPA Ltd, is used to identify the
optimal trim and floating position for each voyage to minimise hull resistance

Ballast water management plans for optimal ballast exchange to reduce pump operation and energy
consumption

Weight Optimisation/ Management & Stability

Detailed weight surveys for in-service vessels to reduce possible increase in lightweight, allowing increased
payloads and minimised draft

Assessment of stability and loading conditions to ensure that ballast is not used unnecessarily, which could result
in increased draft and added water resistance.
HVAC Marine & Offshore Solutions, Design & Consultancy
KNUD E. HANSEN A/S is a leader in the design and engineering of HVAC systems for
maritime & Offshore environments.

Our projects take us all over the world and cover offshore installations as well as
every type of vessel up to aircraft carriers and the largest cruise ships.
We handle HVAC assignments on new builds, refits and conversions and can offer support for every stage
of the design, build and installation process with services that include general consultancy and project
management as well as core design and engineering.

We work on projects of all sizes, either independently or in cooperation with third parties, and deliver a
service that meshes smoothly with the methods and procedures of each client.

HVAC ENERGY SAVING

In any HVAC system a range of actions can be taken both on new builds and existi ng vessels to maximise
efficiency.

Analysis of HVAC installations can be separated into two main areas: mechanical and automation. Review
of both of these areas will result in an energy optimised system.

Our latest project is expected to gain up to 25% efficiency with a payback period of less than 6 months.
We are independent of equipment manufacturers and suppliers, meaning that our solutions can be fully
customised to our clients' needs

Innovative Design
Fresh thinking for innovative solutions
The marine industry in general, and shipbuilding in particular, tend to be rather conservative businesses
and for good reason; the sea can be a dangerous place and proven solutions provide confidence and
predictability. However, with advances continually being made across all the technologies that underpin
the sector, being too conservative can also block vital innovation.

When developing new projects we start with a blank sheet of paper, considering all the possible
solutions. Existing designs and technologies are re-evaluated, but in parallel with that we also take a
completely fresh approach; evaluating new and emerging technologies and assessing their potential in the
context of each project. We also study existing systems and techniques to see if they can be applied in new
ways. Ultimately, our design teams consider every possibility however innovative or traditional, with the
objective of ensuring that the final proposal best fulfils the needs of the customer.

Mechanical & Marine Engineering

The Mechanical & Marine Engineering group within KNUD E. HANSEN A/S has proven expertise and
experience across the whole range of ship types, cargo systems and machinery systems.

This extends to design and conversion, regulatory compliance consultancy, safety and efficiency, as well as
to practical operation and training.
This expertise is enhanced by the diverse backgrounds of our staff members within this group. They include
former owner representatives, flag/class surveyors, a former head of yard mechanical engineering, marine
engineers and consultant ship designers. The ongoing training of our staff, our participation in research
projects and our continuously increasing portfolio of vessel-integrated Efficient-Safe-Reliable systems
demonstrates our commitment to fulfilling the requirements of owners operating in today’s market with its
emphasis on managing high fuel costs and increasing environmental constraints.

Customised solutions for new-builds and conversions

To meet our clients’ requirements we devise customised system solutions in the following areas:

Main propulsion services and heat exchangers

Machinery service systems and equipment

Ship’s service systems

Valves and pipelines

Pumps and pumping

Tanker and gas carrier cargo pumps and systems

Auxiliary power

The propulsion train

Steering gears

Bow thrusters, stabilisers and stabilising systems

Refrigeration

Cargo equipment

Safety and safety equipment

Pre-purchase/charter survey
We frequently carry out pre-purchase or charter surveys on behalf of owners or investment groups. These
normally begin with a pre-survey of a vessel’s electronic documentation and are completed with a
comprehensive, onboard survey and a full report.

In-service
We are regularly called out to perform lightweight surveys and inclining experiments, some of which have
to be completed in challenging conditions or time scales. We also have experience in troubleshooting
operational problems ranging from loading computer discrepancies to loading conditions optimisation and
stability enhancements.

Training
We have held a variety of different training courses in recent years; including a number covering the
fundamentals of ships’ systems and others addressing maritime manufacturers market potential
awareness. Other courses can be tailored to meet the specific requirements of an individual client.
Project Management
We aim to provide state of the art, innovative and practical solutions to our customers with dialogue and
personal service being key parts of the process.

We have a project oriented, flat organisational structure based on the matrix model which is highly
adaptable to the requirements of individual clients and projects.
Project coordination

Plan approval

Quality investigation and control

Guarantee claim administration

Newbuilding/conversion management

Change management

Procurement handling

Safety Engineering
KNUD E. HANSEN A/S designs engineering based solutions for vessels and structures that deliver maximum
safety and efficient escape in the event of an emergency.

Fire and safety engineering:

Structural fire protection

Escape investigation

Flow analysis

Lifesaving solutions

Muster plans and station bills

Stability Engineering
KNUD E. HANSEN A/S has a wealth of stability expertise and experience across a wide range of ship types.
This extends to design and conversion, regulatory compliance consultancy as well as practical operation
and training. This expertise is enhanced by the diverse backgrounds of our staff which include master
mariners, flag/class surveyors and consultant ship designers. Our participation in research projects and at
the IMO supporting flag states ensures that we are up to date with the latest developments and
requirements. The following are some of the main services that we provide:

Design and Conversion

We are able to use our experience to design a wide range of vessels, according to the whole range of
regulatory requirements, while optimising deadweight, operability and safety.

Pre-purchase/charter survey
We often carry out stability checks as a part of a pre-purchase or charter survey. This can begin with an
examination of the available stability documentation or investigation of the ship’s loading computer,
looking out for discrepancies as well as suitability for the intended operation. Sometimes this escalates
into full verification where we create our own computer model of the vessel and analyse the intact and
damage stability performance.

In-service stability
We are regularly called out to perform lightweight surveys and inclining experiments, some of which have
to be done in challenging conditions or time scales. We also have experience in troubleshooting operational
problems ranging from loading computer discrepancies to loading condition optimization as well as stability
enhancements.

Training
We have held a variety of different training courses; including fundamentals of stability, damage
stability/emergency response training as well as familiarization with probabilistic damage stability
regulations. Courses are tailor-made for the specific requirements of the client and can cover:
Stability

Damage stability investigations

Intact stability investigations

Ship weight control and inclining test

Damage survival capability service

Damage control plans