May 2005

Mabanaft Centralizes its International Trading Activities in Rotterdam

Mabanaft centralizes the international trading activities of Mabanaft International GmbH & Co. KG and B.V. Mabanaft in Rotterdam. Accordingly, all trading activities in Mabanaft International in Hamburg are terminated and continued in Rotterdam instead. After the termination of the trading activities in Mabanaft International, this company is modified into an operational services entity, meaning that all operational activities related to cargo trading will continue to be handled from Hamburg.