Management Portfolio

• Hemisphere Holdings – Somerset, KY USA

• Dolphin Maritime SA – Piraeus Greece *
• Hemisphere Shipping Group – Piraeus Greece *
• Empire Marine Transport Ltd. – Piraeus Greece *
• Estoril Navigation – Piraeus Greece *
• Boston Ocean Carriers – Westwood, MA USA *

• Newfoundland Energy Limited – Newfoundland Canada *
• Continental Refining Company – Somerset, KY USA

• Gulf Oil – Chelsea MA USA *
• White Oil Company – Campbellsville, KY USA

• Cumberland Farms – Canton, MA USA *
• United Cape Cod Cranberry Co. – Hansen, MA USA *
• Warner Fertilizer Company – Somerset, KY USA

• Circle K – Somerset, KY USA
• Circle K – Johnson, RI USA
• Champlain Valero – Champlain, NY USA
• Crossroads Convenience – Seekonk, MA USA
• Cumberland Farms – Canton, MA USA *
• Cumberland Farms – Leicester, MA USA
• Cumberland Farms – Reading, MA USA
• Cumberland Farms – Rehoboth, MA USA
• Gulf Express – Cumberland, RI USA
• Midland Foods – Colonie, NY USA *
• Mutual Mart – Woburn, MA USA

• Midland Farms – Menands, NY USA

• Continental Transport LLC – Somerset, KY USA

• 746 LG Aviation – Wilmington, DE USA

* Denotes Previous Interest