CORPORATE STRATEGY
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NewLead focuses on the continuous growth of its fleet taking advantage of market opportunities in the dry bulk and tanker market. NewLead targets to grow its commodity and logistics business in USA through the exploitation of its two coal mines and wash plant alongside its shipping business in order to ensure the Company’s vertical integration. NewLead’s strategy allows the Company to benefit from any of the two shipping markets and commodity and logistics markets upside potential.

Fleet: Growth - Optimization - Diversification - Balance
NewLead pursues to grow its fleet across two major shipping sectors: the dry bulk and the tanker market. NewLead’s fleet diversification ensures diverse worldwide trading through numerous trading routes carrying an extensive variety of cargoes. NewLead's fleet has been entirely transformed to include younger, flexible in size, fuel-efficient vessels with an anticipated substantially longer employment lifetime and revenue capacity. The flexible size of the three modern, high quality eco-type Handysize vessels allows for trading to all ports including smaller ports with length and draught restrictions and the fact that they are geared permits trading in emerging countries with ports with developing infrastructure for cargo loading operations. NewLead continuous to focus on the development of a fleet of Handysize dry bulk vessels in order to benefit from current market trends as well as the size of the vessel. NewLead’s five bitumen tanker vessels are highly sophisticated tankers vessels, transporting asphalt and operating in niche markets with relatively low competition. NewLead continues to focus on the bitumen tanker vessels to become a leading shipping company in this niche sector in the Mediterranean area and beyond. This blend of vessels is NewLead’s competitive advantage. NewLead generates a revenue mix that allows the Company to mitigate charter rate fluctuations while providing stable cash flow during shipping cycles.

Chartering Strategy: Adaptive - Active - Prudent - Diversified
NewLead continues to follow an adaptive and prudent chartering strategy, maintaining an optimum balance of longer period charters and spot employments, to ensure cash flow stability while allowing the opportunity to participate in market turnarounds. NewLead follows a responsive chartering strategy to market conditions. NewLead’s emphases on maintaining its long-term relationships with a well-established and diversified customer base to grow sustainable revenues while limiting counterparty risk. NewLead intends to continue to capitalize on the Company’s strong commercial relationships with charterers and trading companies to capture trading opportunities despite market conditions in the dry bulk and tanker sectors.

NewLead will continue to optimize the employment of the Company’s fleet and enhance the revenues and cash flow of the Company.

Commercial, Operational and Technical Management: In-house - Competent - Quality - Flexible
NewLead capitalizes on its long ago strategic decision to bring all aspects of commercial, operational and technical ship management in-house in order to improve overall operational efficiency of its fleet.

NewLead continues to develop and enhance the Company’s in-house ship management providing a scalable platform to support future growth while maintaining fleet quality, safety and reliability.

NewLead’s strategy will focus on improving transparency in its ship management to attract additional third-party vessels under management.

NewLead’s experienced ship management team will continue to progress on operational flexibility, enhanced utilization and vigorous quality control.


 
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