. FRANK SHIPBROKERS LTDA .

  Phones: (55-21) 2287.4750 / 2522.4281 / 2513.0830 / 2522.4109 aoh
  Fax   : (55-21) 2521.3965 / 2287.4750   Mobile: (55-21) 9321.5290
  E-Mail: frank@frankrio.com     /    Web: www.frankshipbrokers.com
 

NOTE: IF BELOW TABLE MISALIGNED CONVERT TEXT TO FONT 'COURIER NEW'
******************************************************************
        THE VESSELS ARE LISTED BY DESCENDING SORT OF LOA
 

DREDGERS FOR SALE - SUB OPEN/PRICE CONFIRMATION/DETAILS W.OUT GTEE
------------------------------------------------------------------
                      UPDATED 19.AUGUST.2010
 

    UNITS MARKED IN RED WERE UPDATED LATELY             TRY
-------------------------------------------------------------------
 TDW   DRAFT BUILT    LOA   BEAM  HO/HA  M3   DISCHARGE   M/E M.US$
-------------------------------------------------------------------
DR 159/78                                            PPT DELY CHINA
HOPPER SUCTION DREDGER (RBLT: 2008/CCS CL/MAX DREDGING DEPTH: 30 M)
-----  9.57  78 JPN  159.58 22.80       10206             B+W OFFER (STATUS UPDATED 1.SEP.09)

DR 150/10                                    INSPECTABLE IN FAREAST
TRAILING SUCTION HOPPER DREDGER (CCS CLASS/MAX DREDGING DEPTH: 50M)
20,716 9.60  10 CHI  150.00 26.80       13000             2WU OFFER (UPDATED 3.MAY.2010)

DR 135/99 A+B                                       TRADING FAREAST
SELF-PROPELLED TRAILING CUTTER SUCTION DREDGER (REBUILT-2009/ZC CL)
-----  4.65  99 JPN  135.80 22.00  1 0  8000              2PI OFFER (UPDATED 9.JUN.2010)

DR 126/07                                    INSPECTABLE IN FAREAST
TRAILING SUCTION HOPPER DREDGER (CCS CL/DREDGING DEPTH: 30 M/12 KN)
-----  7.60  07 CHI  126.70 23.00                         DIE OFFER

DR 123/07    (MAX.DREDGING DEPTH: 30 M)        INSPECTABLE IN CHINA (FULL INFO AVAILABLE)
SELF-PROPELLED TRAILING SUCTION HOPPER DREDGER (BOTTOM DOORS+P.ASH)
13,926 8.10  07 CHI 123.00 23.00 1 1   9112 BOT.DOORS+PA 2DI 42/41.0 (PRICE UPDATED 12.MAY.08)

DR 118/91                                      INSPECTABLE IN KOREA
SAND SCRAPPING DREDGER
-----  5.50  91 FAR  118.83 21.00 1 1   4650  CR/3 GRABS  --- OFFER

DR 114/08                                            PPT DELY CHINA
TRAILING SUCTION DREDGER (ZC CLASS/DREDGING DEPTH: 27M/ENG: NINGBO)
-----  5.50  08 CHI  114.50 20.60       9000  C 12        2NI OFFER (STATUS UPDATED 1.SEP.09)

DR 113/79                                            PPT DELY CHINA
HOPPER SUCTION DREDGER (RBLT: 2007/ZC CL./MAX DREDGING DEPTH: 30 M)
-----  5.70  79 CHI  113.18 21.10       6500              PIE OFFER (STATUS UPDATED 12.JAN.09)

DR 111/08                                   DELIVERY END 2008-CHINA
TRAILING SUCTION HOPPER DREDGER (HOPPER CAPACITY: 7000 CBM/14 KNOT)
-----        08 CHI  111.26 19.80       7000              2DI OFFER

DR 110/08                                       DELIVERY CHINA PORT
TRAILING SUCTION HOPPER DREDGER (ZC CLASS/MAX DREDGING DEPTH: 30 M)
9,800  7.50  08 CHI  110.00 20.80                         2DI 23.0  (PRICE UPDATED 27.JUL.09)

DR 110/08A+B+C                                       DELIVERY CHINA
TRAILING SUCTION HOPPER DREDGER (ZC CL/MAX.DREDG.DEPTH:(UNLOAD)27M)
-----  6.80  08 CHI  110.40 20.60                         2NI OFFER  (STATUS UPDATED 18.AUG.10)

DR 107/06   (INCLUDES PACKAGE OF EQUIPMENT)    INSPECTABLE IN CHINA
CUTTER DREDGER (CCS CLASS/MAX. DREDGING DEPTH: 25 M/40,000 M3 PDAY)
-----  3.37  06 CHI  107.00 18.00            DIS.PIPE         22.0/21.5
-------------------------------------------------------------------
 TDW   DRAFT BUILT    LOA   BEAM  HO/HA  M3   DISCHARGE   M/E M.US$
-------------------------------------------------------------------
DR 105/09                                       DELIVERY CHINA PORT
TWINSCREW TRAILING SUCTION HOPPER DREDGER (DREDGING DEPTH: 30.00 M)
6,455  6.40  09 CHI  105.00 19.00                         2CH OFFER (STATUS UPDATED 21.APR.09)

DR 105/08             NEWBUILDING TO BE DELIVERED OCT.2008 IN CHINA
SELF-PROPELLED TRAILING SUCTION HOPPER DREDGER (CCS CL/DR.D: 27.0M)
7,150  5.20  08 CHI  105.00 19.00 1 1   5500  PUMP ASHORE 2DI 19.9/19.7

DR 102/06                                      INSPECTABLE IN CHINA (FULL INFO AVAILABLE)
TRAILING SUCTION DREDGER (ZC COASTAL CLASS/MAX. SUCTION DEPTH 25 M)
-----        06 CHI  102.00 18.80 1 1   5000 BOTTOM DOORS  2DI 21/20.0 (PRICE UPDATED 1.DEC.08)

DR 101/06                PROMPT TC.FREE DELIVERY AT FAREASTERN PORT
CUTTER SUCTION DREDGER (CCS CLASS/MAX DR. DEPTH: 25 M/14,400 M3/HR)
-----  3.50  06 CHI  101.00 18.20 1 1                         29.0/28.5

DR 100/06                                    TRADING WITHIN FAREAST
TRAILING SUCTION HOPPER DREDGER (CCS CL/SS: 8.2011/DD: 8.2009/10KN)
7,374  7.40  06 CHI  100.50 19.00 1 1                   BEST OFFERS

DR 100/44  (CONVERTED 1973/MODIFIED 1986 & 1999)  PASSED DD USGULF JULY.07, NOW GREAT LAKES
TWINSCREW TRAILING SUCTION HOPPER DREDGER (ABS/USA F/DR.DEPTH 19 M)
3,200  5.00  44/73US 100.58 15.24  1 1  4350cyards PP.ASH. 2GM 16.4/16.3

DR 99/06                                              TRADING CHINA
TRAILING SUCTION DREDGER (MAX DREDGING DEPTH: 25 M/SPEED: 11 KNOTS)
-----  6.45  06 CHI  99.60  17.00       4263              2DI 13.0

DR 98/74   (DIRECT/KEEN SELLERS)      INSPECTABLE IN WESTERN EUROPE (FULL INFO AVAILABLE)
SINGLESCREW TRAILING SUCTION HOPPER DREDGER (CPP/BOWTHRUSTER/12 KN)
4,221  5.36  74 UK   98.50  15.50  1 1  1927 DRAG SCRAPPER MIR 3.8

DR 97/09                        NEWBUILDING DELIVERED 2009 IN CHINA
CUTTER SUCTION DREDGER (CCS CLASS/MAX DREDGE DEPTH 6-27 M)
------ 3.50  09 CHI  97.50  18.70  1    3800                  OFFER
-------------------------------------------------------------------
 TDW   DRAFT BUILT    LOA   BEAM  HO/HA  M3   DISCHARGE   M/E M.US$
-------------------------------------------------------------------
DR 97/08                        NEWBUILDING DELIVERED 2009 IN CHINA
CUTTER SUCTION DREDGER (MAX DREDGING DEPTH: 28M)
-----  3.50  08 CHI  97.00  18.20  1    3800                  OFFER

DR 97/09B                       NEWBUILDING DELIVERED 2009 IN CHINA
CUTTER SUCTION DREDGER (MAX DREDGING DEPTH: 28M)
-----  3.50  09 CHI  97.00  18.20  1    3800                  OFFER

DR 95/08                                    DELIVERY DEC.2008-CHINA
HOPPER SUCTION DREDGER (MAX DREDGING DEPTH 30 M/MAIN ENG: WICHMANN)
-----  5.20  08 CHI  95.20  19.00                         WIC OFFER

DR 94/05             CAN GIVE PROMPT CHARTER FREE DELIVERY IN CHINA
TWINSCREW TRAILING SUCTION HOPPER DREDGER (CL ZC/MAX.DRG DEPTH 22M)
-----  5.60  05 CHI  94.68  16.80  1 1  3500              2NI OFFER (UPDATED 27.MAY.2010)

DR 94/05                             OPERATING/INSPECTABLE IN CHINA (FULL INFO AVAILABLE)
TWINSCREW TRAILING SUCTION HOPPER DREDGER (ZC GREAT COASTAL/D: 22M)
3,500  5.60  05 CHI  94.68  16.80  1 1  3500 PUMP ASHORE   2WU 10.6/10.3 (UPDATED 30.SEP.2009)

DR 94/89       (PASSED DRYDOCKING 1.2005/NOT KEEN SELLER) S.AMERICA
TWINSCREW TRAILING SUCTION HOPPER DREDGER (BV/SS: 2007/PPS 6250 M3)
6,634  5.00  89 JPN  94.14  18.00  1 1  2400 BOTTOM DOORS 2DA 10.0+

DR 85/04                                        INSPECTABLE FAREAST
TRAILING SUCTION HOPPER DREDGER (ZC CL/CHINESE FLAG/DRED.DEPTH:18M)
-----  4.00  04 CHI  85.80  14.00  1 1  2200              2DIE OFFS (STATUS UPDATED 11.MAY.09)

DR 82/83                                INSPECTALE NORTHWEST EUROPE
TWINSCREW TRAILING SUCTION HOPPER DREDGER (LRS/BOT.DOORS/20 M DR.D)
3,390  5.30  83 UK   82.40  16.00  1 1  2200 BOTTOM DOORS 2RU 7/6.8

DR 80/71                                     INSPECTABLE IN EUROPE
TRAILING SUCTION HOPPER DREDGER (REBUILT 1995/DREDGING DEPTH: 20 M)
2,582  4.50 71/95UNK 80.00                                2CA OFFER (STATUS UPDATED 29.SEP.09)
-------------------------------------------------------------------
 TDW   DRAFT BUILT    LOA   BEAM  HO/HA  M3   DISCHARGE   M/E M.US$
-------------------------------------------------------------------
DR 79/88      (TWINSCREW)               INSPECTABLE RUSSIAN FAREAST (FULL INFO AVAILABLE)
SELF PROPELLED BUCKET DREDGER (MRS ICE L2/NDD 9.07/DR.DEPTH 5-24 M)
583    3.75  88 GER  79.97  14.80  1 1  750  BUCKET DR.   2SK 2.6/2.5

DR 79/93                                       INSPECTABLE IN JAPAN (FULL INFO AVAILABLE)
TRAILING SUCTION SAND GRAVEL CARRIER (PUMPING EQUIPM. DISASSEMBLED)
4,500        93 JPN  79.95  15.00  1 1  3000 PUMP ASHORE  HAN 3.7/3.5

DR 79/09                                           TRADING IN CHINA
CUTTER SUCTION DREDGER (ZC CLASS / SERVICE AREA: COASTAL SEA AREA)
------ 3.50  09 CHI  79.10  18.20  1    3500                 OFFERS (UPDATED 13.APR.2010)

UKD DOLPHIN                                           TRADING NCONT
TRAILING SUCTION DREDGER (BV CLASS/SS: 7.2014/DREDGING DEPTH: 25 M)
-----  4.50  84 HOL  78.95  14.01       1742              2BO 6.51  (UPDATED 3.JUN.2010)

DR 78/81                                      INSPECTABLE IN EUROPE (FULL INFO AVAILABLE)
TWINSCREW TRAILING SUCTION HOPPER DREDGER (SUCT.PIPE: 35 M/BB BACK)
3,400  4.50  81 HOL  78.80  14.50  1 1  1500              2MW OFFER (STATUS UPDATED 29.SEP.09)

DR 78/08              NEWBUILDING RE-SALE DELIVERED 2.2008 IN CHINA
TWINSCREW CUTTER SUCTION DREDGER (PUMP 10,000 M3/HR, 25 M MAX DR.D)
-----  2.10  2.2008  78.00  26.00  1 1  2300 PUMP         2DI OFFER

DR 77/82                                     INSPECTABLE IN HOLLAND
TRAILING SUCTION SPLIT HULL HOPPER DREDGER (SS 12.2006/BOWTHRUSTER)
2,700        82 UNK  77.50  14.50  1 1  2450  SPLIT HULL  DIE  OFFS

DR 76/85                                     INSPECTABLE IN FAREAST
CUTTER SUCTION DREDGER (ZC CLASS/CHINESE FLAG/MAX DREDG.DEPTH: 25M)
-----  2.45  09 CHI  76.85  16.00       2500              DIE OFFER (UPDATED 12.JAN.2010)

DR 76/06                                       INSPECTABLE IN CHINA
CUTTER SUCTION DREDGER (CCS CLASS/DREDGE DEPTH: 25 M/40,000 M3/DAY)
-----  3.37  06 CHI  76.00  18.00             PUMP ASHORE CAT 23/22.0

DR 76/98                                       INSPECTABLE IN JAPAN
SAND CARRIER (JG COASTAL/BOX HOLD/SAND PUMP: 4500 M3/H / GIB CRANE)
2,647  5.02  98 JPN  76.02  15.20  1 1  1962 JIB CRANE    NII  3.5

DR 72/60        (NOT KEEN SELLERS)       WORKING AROUND SOUTH SPAIN (FULL INFO AVAILABLE)
TRAILING SUCTION HOPPER DREDGER (PUMP+BOTTOM DOORS DISCHARGE/11 KN)
-----  5.40  60 HOL  72.75  13.44  1 0  2000 BOTTOM DOORS 2SM 4/3.5
-------------------------------------------------------------------
 TDW   DRAFT BUILT    LOA   BEAM  HO/HA  M3   DISCHARGE   M/E M.US$
-------------------------------------------------------------------
DR 72/69                                      INSPECTABLE IN GREECE (FULL INFO AVAILABLE)
TRAILING SUCTION HOPPER DREDGER (RBLT: 2004/HOPPER CAPAC.: 1000 M3)
1,591  3.83  69 UK   72.01  12.07  1 1  1000              RUS  1.9

DR 71/66              INSPECTABLE/DELIVERABLE FRENCH ATLANTIC COAST (FULL INFO AVAILABLE)
TRAILING SUCTION HOPPER DREDGER (BV CL/DREDG.DEPTH: 26 M/BOWTHRUST)
1,800  ---   66 GER  71.20  11.20       900  PUMP ASHORE  MAK 1.65/1.55

DR 66/70                                                DELIVERY UK
SUCTION DREDGER (LR CLASS/SS: 5.2005P/SUCTION DEPTH: 26 M/19 KNOTS)
1,944  4.40  70 UK   66.60  12.20       775               PAX OFFER (STATUS UPDATED 29.SEP.09)

DR 65/80                       WORKING/INSPECTABLE IN THE BLACK SEA
MARITIME BUCKET DREDGER (MAX DREDGING DEPTH: 22 M/MAIN ENGINE: MTU)
1,291  2.40  80 RUS  65.80  11.50  1 1  600  BUCKET LADD  MTU OFFER

DR 65/74                                    INSPECTABLE IN THE U.K. (FULL INFO AVAILABLE)
SELF-DISCHARGING TRAILER SUCTION DREDGER (MAX DREDGING DEPTH: 27 M)
2,120  4.80  74 UK   65.70  12.35  1 1  860  EXC/CONVEYOR MIR 1.2   (PRICE UPDATED 9.DEC.2009)

DR 63/07
NON-PROPELLED BUCKET WHEEL DREDGER (ZC CLASS/MAX DREDGING DEPTH:21)
-----  2.10  07 CHI  63.68  13.00       1800              --- OFFER (STATUS UPDATED 17.JUNE.09)

DR 61/94                                     INSPECTABLE/DELY JAPAN
SINGLESCREW BUCKET GRAB DREDGER (JG CLASS/SIDETHRUSTER)
-----   ---  94 JPN  61.00  22.00             BUCKET GRAB DIE OFFER
-------------------------------------------------------------------
 TDW   DRAFT BUILT    LOA   BEAM  HO/HA  M3   DISCHARGE   M/E M.US$
-------------------------------------------------------------------
DR 60/85                                 INSPECTABLE IN THE FAREAST
TRAILING SUCTION HOPPER DREDGER (ZC CL/SS+DD 9.2008/DREDG.DEPTH 20)
1,200  4.10  85 JPN  60.40  11.50  1 1  1000               DIE  2.9

DR 56/97              CHECK POSITION AGAINST NAMED BUYERS' INTEREST
GRAB DREDGER (SPUD: 3 X 38 M/MAX DREDGING DEPTH:  60 M/CRANE: 80 T)
-----        97 UNK  56.00  22.00               GRABS         OFFER (UPDATED 01.AUG.2010)

DR 56/07                                     INSPECTABLE IN FAREAST
CUTTER SUCTION DREDGER (DREDGING DEPTH: 18 M / DREDGING PUMP: 4000)
-----  1.70  07 CHI  56.90  9.80                          ZIB OFFER (STATUS UPDATED 1.SEP.09)

DR 56/88                                       INSPECTABLE IN KOREA
GRAB DREDGER (SPUD: 2 X 28 M/DREDGING DEPTH: 50 M / SIDE THRUSTERS)
1,800  3.30  88 JPN  56.00  21.00               GRABS     ---  3.6

DR 55/80       (DIRECT OWNERS)      MAY DELIVER CARIB/S.AMERICA/MED (FULL INFO AVAILABLE)
TRAILING SUCTION HOPPER DREDGER (BOTTOM DOORS/DREDGING DEPTH: 15 M) (GOOD CONDITION/SALE OR CHARTER)
1,617  4.576 80 POR  55.00  12.40  1 1  829 BOT.DOORS+PA  2CA 3/2.8 (UPDATED 12.APRIL.2010)

DR 55/74                         TRADING/INSPECTABLE/DELIVERY JAPAN
BUCKET GRAB DREDGER (JG CLASS/DREDGING DEPTH 50 M/GPS/GYRO COMPASS)
-----   ---  74 JPN  55.00  20.00             BUCKET GRAB DIE OFFER

DR 53/87                                          PPT DELY FAREAST
NON-PROPELLED GRAB DREDGER (MAXIMUM DREDGING DEPTH: 70.00 M)
-----  2.50  87 JPN  53.00  22.00                            OFFER

DR 51/73                     INSPECTABLE VENTURA/CALIFORNIA/WC.USA
CUTTER SUCTION DREDGER (REBUILT: 10.2001/ENGINE: GENERAL ELECTRIC)
-----  1.067 73 USA  51.81  9.75                          GE  3.2+

DR 51/47                                                      USA
PORTABLE HYDRAULIC DREDGER
-----  1.524 47 UNK  51.81  13.41                         GM  3.0

DR 48/97                                       INSPECTABLE IN JAPAN
DREDGER
745    4.00  97 JPN  48.00  17.00       900                B.OFFERS
-------------------------------------------------------------------
 TDW   DRAFT BUILT    LOA   BEAM  HO/HA  M3   DISCHARGE   M/E M.US$
-------------------------------------------------------------------
BA 2730/89                                   INSPECTABLE IN HOLLAND
NON-PROPELLED DUMB BOTTOM DOOR BARGE (LRS CL/6 BOTTOM DOORS/BOWTHR)
2,720  5.19  89 HOL  47.20  17.00  1 1  1770 BOT DOORS    -- 0.56/0.54

BA 2320/89 A+B+C (3 BARGES/TRY EACH USD 0.55 M)            N.EUROPE
NON-PROPELLED HOPPER BARGE (HYDRAULIC BOTTOM DOORS/CARGO CAP: 1750)
2,320  5.00  89 HOL  47.20  17.00  1 1  1750 BOT.DOORS    --  0.55 EACH

DR 46/07                                        INSPECTABLE FAREAST
SELF-PROPELLED CUTTER SUCTION DREDGER (ZC CL/SS: 12.2012/DD 3.2009)
-----  1.78  07 CHI  46.10  12.00                          B.OFFERS (UPDATED 11.MAY.2009)

DR 45/92                                                    FAREAST
CRANED GRAB BUCKET DREDGER (REVOLVING CRANES: 200T/ENG: MITSUBISHI)
-----        92 JPN  45.00  19.00                         MIT OFFER (UPDATED 18.JAN.2010)

DR 44/92                                        TRADING OSAKA/JAPAN
GRAB DREDGER (SIDE THRUSTER/DEPTH OF DREDGING: 45 M)
----   1.60  92 JPN  44.50  18.00                             OFFER (UPDATED 12.SEP.08)

DR 43/96A                                      INSPECTABLE IN JAPAN (FULL INFO AVAILABLE)
NON-PROPELLED BACKHOE DREDGER (WITH PUSH BOAT/MAX.DRED.DEPTH 14.3M)
----         96 JPN  43.00  15.60                           2.3/2.2 (PRICE UPDATED 25.JUNE.2010)

DR 43/96B                                      INSPECTABLE IN JAPAN (FULL INFO AVAILABLE)
NON-PROPELLED BACKHOE DREDGER (WITH PUSH BOAT AND ANCHOR BOAT)
----   1.40  96 JPN  43.00  15.60  1    500                 2.0/1.9 (PRICE UPDATED 24.JUNE.2010)

DR 43/79  (POOR CONDITION/WORTH DEMOLITION) INSPECTABLE SOUTH SPAIN
TRAILING SUCTION HOPPER DREDGER (PUMP DISCHARGE / SPEED: 9.5 KNOTS)
---    2.59  79 SPA  43.40  9.00   1 1  300  PUMP ASHORE  2DI 0.5/0.45+

DR 42/61                                       INSPECTABLE N.EUROPE
EXCAVATOR DREDGER WITH HOPPER/HOLD (BV SS: 9.2008/SHOWEL DISCHARGE)
259    2.70  61 DK   42.10  7.20   1 1  200  SHOWEL DISCH     0.5

BA 900/93                                                     JAPAN
NON-PROPELLED SPLIT BARGE (JG CL/BOTTOM OPENING/HOLD CAPA: 900 CBM)
900    2.35  93 JPN  40.60  14.10  1 1  900  SPLIT BOTTOM --- 0.33

DR 40/84               CHECK POSITION AGAINST NAMED BUYERS' REQUEST
STATIONARY GRAB DREDGING PONTOON (BV/DREDGING DEPTH: 30 M/CR: 22 T)
-----        84 HOL  40.70  17.30                             OFFER
-------------------------------------------------------------------
 TDW   DRAFT BUILT    LOA   BEAM  HO/HA  M3   DISCHARGE   M/E M.US$
-------------------------------------------------------------------
DR 36/65  (FULLY REBUILT/RECONDITIONED IN OCT.2006) INSPECT DENMARK (FULL INFO AVAILABLE)
DREDGER (MAIN ENG: ALPHA 280 BHP/BUILT: 1965-HOLLAND/HOLD CAP: 220)
400     3.00 65/06NL 36.24  7.22   1 1  220  PUMP/B.DOORS B+W 0.65/0.6

DR 36/82               CHECK POSITION AGAINST NAMED BUYERS' REQUEST
CUTTER SUCTION DREDGER (RBLT: 1995/DREDGING DEPTH 17 M/2xSPUDS AFT)
----    1.70 82/95NOR 36.70 10.00                            OFFERS

DR 36/80                                                     CHECK
DIPPER DREDGER (GL CL/EXCAVATOR/DREDGING DEPTH: 20 M/SPUD CARRIAGE)
-----       80 HOL   36.20  15.00                            OFFER

DR 35/85                                                      CHECK
DIPPER DREDGER (BV CL/DREDGING DEPTH: 17 M/EXCAVATOR/SPUD CARRIAGE)
-----       85 GER   35.40  12.20                            OFFER

DR 35/71                            INSPECTABLE MEDITERRANEAN PORTS
SUCTION DREDGER (REBUILT: 2003/HMI CLASS/ENGINE: DEUTZ/SPEED: 11KN)
-----       71/2003  35.05  8.29             PUMP ASHORE  DTZ 0.6+  (PRICE UPDATED 26.JAN.2009)

DR 34/04   PLUS ANCHOR HANDLING BOAT AND TANK BARGE- INSP.KOREA
CUTTER SUCTION DREDGER (DREDGING DEPTH: 11 M/PUMP: 400 M3/HR / MAN)
-----  1.5 2004 KOR  34.00  9.20   1 1        BY PIPING   MAN  1.3

DR 30/07              CHECK POSITION AGAINST NAMED BUYERS' INTEREST
NON-PROPELLED BACKHOE DREDGER
-----  1.10  07 UNK  30.00  13.50                          B.OFFERS (UPDATED 30.NOV.09)

DR 30/95                                 INSPECTABLE/DELIVERY JAPAN
HIGH DENSITY SUCTION DREDGER (ASSEMBLING TYPE/JG CLASS)
-----  1.15  95 JPN  30.00  11.00                             OFFER
-------------------------------------------------------------------
 TDW   DRAFT BUILT    LOA   BEAM  HO/HA  M3   DISCHARGE   M/E M.US$
-------------------------------------------------------------------
DR 27/05A+B+C+D (4 UNITS)       CHECK POSITION AGAINST NAMED BUYERS
DISMOUNTABLE CUTTER SUCTION DREDGER (BV CLASS/DREDGING DEPTH: 14 M)
-----  1.60  05 UNK  27.40  8.60                          DIE OFFER

DR 26/92                                                      USWC
ELLICOT STEEL CUTTER/SUCTION DREDGER (USA FLAG/BLT: 1992-BALTIMORE)
-----  1.219 92 USA  26.51  8.23                          CAT  1.4

DR 26/78                               INSPECTABLE NORTHWEST EUROPE
DISMOUNTABLE CUTTER SUCTION DREDGER (GL CLASS/DREDGING DEPTH: 14 M)
-----        78 HOL  26.00  9.10      SPUDS                    1.1

DR 25/58                                               NORTH EUROPE
STICK SUCTION DREDGER
-----        58 UK   25.00  5.21                          GAR 0.087

DR 24/05                                                      CHECK
DISMOUNTABLE CUTTER SUCTION DREDGER (DREDGING  DEPTH:  14 M /SPUDS)
-----        05 UNK  24.00  8.00                             OFFERS

DR 22/93                                        NETHERLAND ANTILLES
DISMOUNTABLE CUTTER SUCTION DREDGER (ROAD TRANSPORTABLE/LADDERPUMP)
-----        93 HOL  22.00  6.60                          CAT OFFER

DR 20/00                          CHECK POSITION UPON NAMED REQUEST
BACKHOE DREDGING BARGE (NV CLASS/EXCAVATOR/MAX DREDGING DEPTH: 7 M)
-----  ----  00 CHI  20.40  12.00                             0.62

DR 17/08                                    DELIVERY TULCEA/ROMANIA
FLUSHING BACKWATER DREDGER
-----  0.90  08 UNK   17.62  5.00                              0.49 (PRICE UPDATED 23.JAN.09)
-------------------------------------------------------------------
 TDW   DRAFT BUILT    LOA   BEAM  HO/HA  M3   DISCHARGE   M/E M.US$
-------------------------------------------------------------------
                -----------  E  N  D  ------------

IF REVERTING WITH INTEREST ON ANY OF THE UNITS, NEED BUYERS' NAME/
CITY/BACKGROUND AND UNDERTAKING TO ROUTE NEGOTIATIONS VIA OUR
CHANNEL.

BEST REGARDS

RONALDO WERNER FRANK
FRANK SHIPBROKERS-RIO DE JANEIRO
Fax: +55 21 2521.3965 / E-Mail: frank@frankrio.com