Frank Shipbrokers LTDA - (BC's/TW's

. 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'
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THE VESSELS ARE LISTED BY DESCENDING SORT OF LOA

DREDGERS FOR SALE - SUB OPEN/PRICE CONFIRMATION/DETAILS W.OUT GTEE
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UPDATED 28.NOVEMBER.2008

    UNITS MARKED IN RED WERE UPDATED LESS THAN 60 DAYS AGO    TRY
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TDW   DRAFT BUILT    LOA   BEAM HO/HA M3   DISCHARGE   M/E M.US$
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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

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 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)
----- 5.50 08 CHI 110.40 20.60 2DI OFFER

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

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 22.2/22.1

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
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TDW   DRAFT BUILT    LOA   BEAM HO/HA M3   DISCHARGE   M/E M.US$
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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

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 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

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 92/78 CHECK POSITION AGAINST NAMED BUYERS' REQUEST (BEING CHECKED AS OF 1.NOV.08)
CUTTER SUCTION DREDGER (DREDGING DEPTH: 25 M/DREDGE PUMP: 2x3000HP)
----- 3.00 78 HOL 92.00 17.00 2AL OFFER

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
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TDW   DRAFT BUILT    LOA   BEAM HO/HA M3   DISCHARGE   M/E M.US$
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DR 80/66                                       IRELAND/NORTH EUROPE (FULL INFO AVAILABLE)
TWINSCREW TRAILING SUCTION DREDGER (SAND CARRIER/DR. DEPTH: 27.2 M)
2,000 4.38 66 UK   80.00 14.15 1 1 1011 DRAG BUCKETS 2CA 0.3

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 NEWBUILDING DELIVERED 2009 IN CHINA
CUTTER SUCTION DREDGER (SERVICE AREA: COASTAL SEA AREA)
------ 3.50 09 CHI 79.10 18.20 1 3500 19.0

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 76/06 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
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TDW   DRAFT BUILT    LOA   BEAM HO/HA M3   DISCHARGE   M/E M.US$
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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 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 61/94 INSPECTABLE/DELY JAPAN
SINGLESCREW BUCKET GRAB DREDGER (JG CLASS/SIDETHRUSTER)
----- --- 94 JPN 61.00 22.00 BUCKET GRAB DIE OFFER

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 56/88                                       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
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TDW   DRAFT BUILT    LOA   BEAM HO/HA M3   DISCHARGE   M/E M.US$
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DR 55/80                    TRADING WITHIN W.AFRICA AND WEST EUROPE (FULL INFO AVAILABLE)
TRAILING SUCTION HOPPER DREDGER (BOTTOM DOORS/DREDGING DEPTH: 15 M) (GOOD CONDITION)
1,617 4.576 80 POR 55.00 12.40 1 1 829 BOT.DOORS+PA 2CA 3.4+

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 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

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 46/74 NORTHWEST AFRICA
SELF PROPELLED FLOATING CRANE/CLAM SHELL,BUCKET GRAB DREDGE (PR CL)
380 2.15 74 RUS 46.50 17.62 0 0 NO HOPPER 2PE 1.35

DR 44/92                                        TRADING OSAKA/JAPAN
GRAB DREDGER (SIDE THRUSTER/DEPTH OF DREDGING: 45 M)
----   1.60 92 JPN 44.50 18.00                             OFFER
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TDW   DRAFT BUILT    LOA   BEAM HO/HA M3   DISCHARGE   M/E M.US$
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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

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
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TDW   DRAFT BUILT    LOA   BEAM HO/HA M3   DISCHARGE   M/E M.US$
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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+

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 30/95 INSPECTABLE/DELIVERY JAPAN
HIGH DENSITY SUCTION DREDGER (ASSEMBLING TYPE/JG CLASS)
----- 1.15 95 JPN 30.00 11.00 OFFER

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
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TDW   DRAFT BUILT    LOA   BEAM HO/HA M3   DISCHARGE   M/E M.US$
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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
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TDW   DRAFT BUILT    LOA   BEAM HO/HA M3   DISCHARGE   M/E M.US$
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                ----------- 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

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