POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS that on this 25?h day of January 2006, we,
SMCD LIMITED, a company incorporated and existing. under the BC Act of the British
Virgin Islands (hereinafter referred to as "the Company") have made, constituted and
appointed, and by these presents do hereby make, constitute and appoint Mr. Mohammed
Mounir El Majidi (hereinafter referred to as "the Attorney") as our true and lawful
Attorney?in-fact for us and in our name, place and stead, to do, execute and perform all and
every act or acts in law needful and necessary to be done in and about and in relation, but
limited to, the following matters:

1. To sign any and all such documents as are required to effect and conclude the
sale, delivery and transfer of the vessel Aquarius W. registered under number
316132.

And the Company hereby declares that this instrument shall at all times be conclusively
binding on the Company in favour of third parties who hate not received notice of the
revocation thereof, and the exercise by the Company itself, from time to time, of any of the
powers hereby conferred shall not of itself be deemed to be a revocation.

This instrument is to be constmed and interpreted as a Limited power of attorney with
limitations on the power and authority of the attorney to act as long as such acts are lawfull
and in the interest of the Company.

IN WITNESS whereof this power of attorney has been issued and signed on the date ?rst
above written, and is valid for a period of six months. 

?is
  4 
Marta Edghill, Director

  



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WM

Ii?hogene" Wilson, Director

 

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scan for the iogalisaiion oi the above
Signatures of Marta Edghil! and 
imagano Wilson. -

Gonava, mo 27m January 2006

575';

     
 

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