Launch of BDP Oil and Gas Logistics Provides Total Solution to the Petroleum Industry

SINGAPORE, December 17, 2009 - BDP Project Logistics, a leading privately held project logistics and transportation management services company, today announced the establishment of a new subsidiary – BDP Oil and Gas Logistics Pte Ltd. Incorporated with headquarters in Singapore, the new company will target the growing opportunities in the global oil and gas supply chain.

BDP Project Logistics and its parent company, BDP International (BDP), are already recognized as leaders in the energy, chemical and petrochemical logistics business. The new company will extend BDP’s service offerings to include mid and upstream market activities within the oil and gas supply chain, allowing BDP to offer a total service solution to oil and gas companies.

BDP already lists many of the world’s leading energy and petrochemical companies among its customers, including Shell, Exxon Mobil, DuPont, The Dow Chemical Company, INVISTA and Quinn Chemicals.

Martin Runshaug, commercial director of BDP Oil and Gas Logistics, said the vertical was formed to meet the need for a total logistics services provider that can offer total integrated logistics solutions with emphasis on quality, health, safety, environment and compliance.

“BDP Oil and Gas Logistics will service clients across the entire oil and gas value chain, explained Runshaug. “The new company combines BDP’s two principal strengths: its position as a global leader in the downstream sector as well as its expertise in project logistics.

“Our ability to offer turnkey logistics solutions – from supply chain management of rig and FPSO new building and conversions through to the transportation of heavy-lift structures supported by our in-house transport engineering division and finally logistics support for offshore and onshore assets in operation– is what gives BDP Oil and Gas Logistics an edge over its competitors,” he continued. “As a private family-owned company, BDP remains flexible in its management approach and agile in its decision making, enabling us to swiftly adjust to market conditions and tailor unique solutions to meet the exact needs of our clients.”

According to Runshaug, the energy sector is set to boom in the coming decade with an increase in exploration and production to meet the demands of emerging nations such as Brazil, Russia, India and China.

“BDP Oil and Gas Logistics expects significant activity in the Middle East, the Commonwealth of Independent States, West Africa, Brazil, Vietnam, China, India, and Australasia as well as the arctic regions,” said Runshaug.

About BDP Project Logistics

BDP Project Logistics is a leading privately held project logistics and transportation management services company, operating global logistics centers throughout Asia, Europe, Africa, the Middle East and the U.S., with a network of owned offices, strategic partnerships and agencies in more than 120 countries. The company provides customized logistics solutions that support engineering, procurement and construction (EPC) companies, mining, oil and gas, power generation and other infrastructure projects. It utilizes a variety of transport modes, including barge, rail, truck, aircraft and vessels to deliver over-dimensional cargoes to their often remote destinations. Also offered are end-to-end materials management and tracking, freight negotiation and carrier cost maintenance, in-house project engineering services, logistics process analysis and optimization, complete documentation, online tracking and reporting tools, coordination of cargo inspections, supervision of heavy lifts, oversized and hazardous cargo, port operations, and job-site unloading and checking. For more information, visit www.bdpprojects.com <http://www.bdpprojects.com/&gt; .

About BDP International

With annual revenues of approximately $1.6 billion, BDP International is one of the leading privately held freight logistics/transportation management firms based in the U.S. It operates freight logistics centers in more than 20 cities throughout North America and a network of subsidiaries, joint ventures and strategic partnerships in more than 120 countries. The company serves more than 4,000 customers worldwide. Clients include Bayer, Conoco Phillips, Dow, DuPont, Heineken USA, Honeywell, Johnson & Johnson, Marks & Spencer, Revlon, Trek Bicycle, Wacker and others. BDP provides a range of services, including ocean, air and ground transportation; lead logistics process analysis, design and management; export freight forwarding; import customs brokerage and regulatory compliance; project and energy logistics; warehousing/consolidation/distribution; and Internet shipping transaction/tracking management systems. For more information visit www.bdpinternational.com <http://www.bdpinternational.com/&gt; .