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    NASDAQ Closing Bell Ceremony
    April 2, 2007

    History

    CHIOS NAVIGATION CO LTD – LONDON

    In 1960 two sons of Aristides Pittas, namely Nikolaos and John, together with the Caroussis brothers, Isidore (married to Joanna Pittas, the daughter of Dimitrios Pittas) and Dimitrios, formed a new shipping company in the growing shipping center of London. This generation of Pitas which were university educated in England in Naval Architecture and Marine Engineering possessed the necessary skills to continue the tradition of quality ship management. Chios Navigation looked after the operation of both main types of commercial vessels, bulkers and tankers.

    During their times the company assisted in the management of the following vessels.

    NAME DWT BUILT BOUGHT SOLD
    S/S Khios Breeze 10,950 1943 1955 1967
    M/T Khios Pioneer 15,700   1956 1963
    M/V Khios Belle 12,550 1954 1958 1972
    M/T Afaea 18,503   1962 1963
    M/V Demetrios 5,503   1964 1968
    M/T Angeliki P 15.78   1965 1966
    M/V Aristidis 7,080   1967 1970
    M/V Capetan Giorgis 6,397 1953 1967 1981
    M/T Torero 36,000 1959 1968 1973
    M/V Aggeliki 16,630 1962 1970 1976
    M/V Aristides 16,350 1962 1972 1974
    M/V Artemis 21,384 1977 1977 1987
    M/V Esperos 63,055 1977 1984 1989
    M/V Doric Castle 77,827 1976 1991 1995

    M/T KHIOS PIONEER

    M/V KHIOS BELLE

    M/T TORERO

    M/V ARTEMIS ONLY NEW BUILDING OF THIS GENERATION.

    M/V ESPEROS FIRST PANAMAX









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