Mr. Blackley was the President and Chief Executive Officer of OSG (the former parent corporation of the Company) from January 2015 until his retirement in December 2016 From September 2014 to November 2016, Mr. Blackley was the Senior Vice President and Chief Financial Officer of the Company After joining OSG in 1991, Mr. Blackley held numerous operating and financial positions before he was appointed President and Chief Executive Officer, including Executive Vice President and Chief Operating Officer (from December 2014 to January 2015), Senior Vice President (from May 2009 to December 2014), Chief Financial Officer (from April 2013 to December 2014) and Head of International Shipping (from January 2009 to April 2013) Mr. Blackley began his seagoing career in 1971, serving as a captain from 1987 to 1991 Skills and Expertise Mr. Blackley s extensive experience both with the shipping industry generally, and the Company in particular, makes him a valuable asset to the Board Other Board Experience Mr. Blackley does not currently serve on other public company boards Previous Boards & Organizations: Gard P.& I. (Bermuda) Ltd.; OSG (including the Company as a wholly-owned subsidiary) Education and Certification Mr. Blackley holds a diploma in Nautical Science from Glasgow College of Nautical Studies and a Master Mariner Class I license