CASPIAN HOLDING COMPANY LIMITED

None observed in current sources.

• ■
  UNITED SEA WORLD SHIPPING LTD

  shareholder of
• ■
  EXPANDED SEA WORLD LTD.

  shareholder of
• ■
  PALMALI NAVIGATION CO. LTD.

  shareholder of
• ■
  OIL BARGE TRADING CO. LTD

  shareholder of
• ■
  PALMALI MARITIME CO LTD

  shareholder of
• ■
  CASPIAN STREAM NAVIGATION CO. LTD

  shareholder of
• ■
  KHAZAR STAR FOUR SHIPPING CO LTD

  shareholder of
• ■
  PALMALI BARGE CO. LTD.

  shareholder of
• ■
  Brothers Twelve Shipping Co. Ltd.

  shareholder of
• ■
  Brothers Eleven Shipping Co. Ltd.

  shareholder of
• ■
  EXPANDED SEA WORLD ONE CO. LTD

  shareholder of
• ■
  EXPANDED SEA WORLD TWO CO. LTD

  shareholder of
• ■
  EXPANDED SEA WORLD THREE CO. LTD

  shareholder of
• ■
  Palmali Tugs Co. Ltd

  shareholder of
• ■
  PALMALI TUGS 2 CO. LTD

  shareholder of