Empire Chemical Tanker Holdings Inc. was formed to build one of the largest and newest fleets of IMO type II Chemical Tankers in the world. Empire currently manages IMO type II, MarineLine coated chemical tankers that range in size from 17,000 to 25,000 DWT the delivery of which started in July 2008. These vessels positioned the Company to capitalize on the increasing worldwide demand for chemical tankers driven by global economic growth/development and changing environmental regulations, which will make much of the current chemical tanker fleet obsolete.

Empire’s Senior Management team has many years of collective experience in locating, acquiring, integrating and operating tankers, bulk carriers and other vessels. These executives are highly respected individuals in leadership roles in major shipping industry organizations such as the International Shipping Federation, International Chamber of Shipping, INTERTANKO, INTERCARGO, ICS, Council of the American Bureau of Shipping, Greek Shipping Cooperation Committee, Det Norske Veritas, British Marine Mutual, Bureau Veritas Group, and the Union of Greek Ship Owners. Members of the Senior Management team have developed long-standing relationships with major oil and chemical entities, shipping companies, trading companies, shipyards and the ship insurance and banking communities.