October 27, 2003

Van Dyck nominated as next INTERTANKO Chairman

The Executive Committee of INTERTANKO has unanimously agreed to nominateStephen A. Van Dyck as the next Chairman of INTERTANKO, when Lars Carlsson steps down after his three year term.

Van Dyck has been a member of the Council for four years, and a member of the Executive Committee and Vice-Chairman of the North American Panel since 2002.

He is Chairman and a major shareholder of Maritrans Inc., listed on the NYSE, and operator of ocean-going tankers and ATBs.

Since 1985 he has been Chairman of The West of England P&I Club, and is currently Chairman of the Chamber of Shipping of America.

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