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Robert J. Grassi

Robert J. Grassi has served as a director of our Company since March 2009. Currently an independent consultant to clients in the global shipping industry, Mr. Grassi served as the President and Chief Executive Officer of CSX World Terminals, LLC, which was the international terminal business of CSX Corporation, from 1999 to 2003 and had a number of executive positions in his twenty-two year career with Sea-Land Service, Inc., a U.S-based ocean shipping company, culminating with service as the Chief Financial Officer of Sea-Land Service, Inc., from 1991 to 1999, interrupted from 1996 to 1997 when he served as Senior Vice President - Atlantic Division and Asia, Mid-East, Europe Division, of Sea-Land.

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