Acquisition
Vessels acquired in FY 2011 - 12
Dry Bulk Vessels Year Built DWT (m.t.) Jag Arya 2011 81,000 Jag Aditi 2011 80,700 Jag Rani 2011 56,719	Tankers   Vessels Year Built DWT (m.t.) - - - - - - - - -
Sub Total : Vessels -3, DWT-218419	Sub Total : Vessels -0 , DWT (m.t.) - -
Total : Vessels -3, DWT-218419
Sales
Vessels sold in FY 2011 - 12
Tankers   Vessels Year Built DWT (m.t.) Jag Pratap 1995 45,693 Jag Lakshya 1989 152,485 Jag Pari 1982 29,139
Sub Total :Vessels -3 , DWT(m.t.) - 227,317
Total : Vessels -3 , DWT (m.t.) - 227,317

Acquisition
Vessels acquired in FY 2010 - 11
Dry Bulk Vessels Year Built DWT (m.t.) Jag Aarati 2011 80,700 Jag Rishi 2011 57,000	Tankers   Vessels Year Built DWT (m.t.) Jag Prachi 1991 28,610
Sub Total : Vessels -2 , DWT(m.t.) - 137,700	Sub Total : Vessels -1 , DWT (m.t.) - 28,610
Total : Vessels -3 , DWT (m.t.) - 166,310
Sales
Vessels sold in FY 2010 - 11
Tankers Vessels Year Built DWT (m.t.) Jag Pragati 1985 27,402 Jag Pranam 1984 50,600 Jag Pavitra 1985 50,596 Jag Palak 1985 27,400 Jag Layak 1996 147,834 Jag Lamha 1987 98,214
Sub Total : Vessels - 6, DWT(m.t.) - 402,046
Dry Bulk Carrier Vessels Year Built DWT (m.t.) Jag Vikram 1980 27,463
Sub Total : Vessels - 1 , DWT(m.t.) - 27,463
Total : Vessels - 7, DWT(m.t.) - 429,509

Acquisition
Vessels acquired in FY 2009 - 10
Dry Bulk Vessels Year Built DWT (m.t.) - - - - - - - - -	Tankers   Vessels Year Built DWT (m.t.) Jag Amisha 2009 74,500 Jag Aparna 2009 74,859 Jag Padma 1996 47,172
Sub Total : Vessels - , DWT(m.t.) -	Sub Total : Vessels - 3, DWT (m.t.) - 196,172
Total : Vessels - 3, DWT (m.t.) - 196,172
Sales
Vessels sold in FY 2009 - 10
Tankers Vessels Year Built DWT (m.t.) Jag Panna 2007 37,145 Jag Payal 2007 37,145
Sub Total : Vessels - 2, DWT(m.t.) - 74,304
Dry Bulk Carrier Vessels Year Built DWT (m.t.) Jag Reena 2000 45,659 Jag Rani 1984 41,545
Sub Total : Vessels - 2 , DWT(m.t.) - 87,204
Total : Vessels - 4, DWT(m.t.) - 161,508

Acquisition
Vessels acquired in FY 2008 - 09
Dry Bulk Vessels Year Built DWT (m.t.) - - - - - -	Tankers   Vessels Year Built DWT (m.t.) Jag Aabha 2008 74,500 Jag Aanchal 2008 74,500
Sub Total : Vessels - , DWT(m.t.) -	Sub Total : Vessels - 2, DWT (m.t.) - 149,000
Total : Vessels - 2, DWT (m.t.) - 149,000
Sales
Vessels sold in FY 2008 - 09
Tankers Vessels Year Built DWT (m.t.) Jag Vayu 1978 28,400 Jag Prayog 1982 29,990 Jag Praja 1982 29,990 Jag Prakash 2003 96,967
Sub Total : Vessels - 4, DWT(m.t.) - 154,563
Dry Bulk Carrier Vessels Year Built DWT (m.t.) Jag Riddhi 1997 47,240 Jag Rishi 1984 41,093 Jag Vidya 1977 27,451 Jag Vikas 1977 26,781 Jag Akshay 1994 73,350
Sub Total : Vessels - 5, DWT(m.t.) - 215,915
Total : Vessels - 9, DWT(m.t.) - 370,478

Acquisition
Vessels acquired in FY 2007 - 08
Dry Bulk Vessels Year Built DWT (m.t.) Jag Ratan 1994 73,350 Jag Riddhi 1997 47,240 - - - - - -	Tankers   Vessels Year Built DWT (m.t.) Jag Prerana 2007 47,400 Jag Lakshita 2000 147,000 Jag Lateef 2000 147,092 Jag Pushpa 2007 47,400
Sub Total :Vessels - 2, DWT(m.t.) - 99,419	Sub Total : Vessels - 4, DWT (m.t.) - 388,892
Total : Vessels - 6, DWT (m.t.) - 488,311
Sales
Vessels sold in FY 2007 - 08
Tankers Vessels Year Built DWT (m.t.) Jag Anjali 1986 66,203 Jag Labh 1988 96,551 Jag Leher 1986 107,592 Ardeshir H Bhiwandiwala 1992 265,955 Jag Laadki 1992 145,242
Sub Total : Vessels - 5, DWT(m.t.) - 681,543
Total : Vessels - 5, DWT(m.t.) - 681,543

Acquisition
Vessels acquired in FY 2006 - 07
Dry Bulk Vessels Year Built DWT (m.t.) Jag Akshay 1994 73,350 Jag Arjun 1996 164,796 - - - - - - - - -	Tankers   Vessels Year Built DWT (m.t.) Jag Panna 2007 37,154 Jag Layak 1996 147,834 Jag Parwar 1988 29,998 Jag Payal 2007 37,159 Jag Prakash 2007 47,400
Sub Total : Vessels - 2, DWT(m.t.) - 238,146	Sub Total : Vessels - 5, DWT (m.t.) - 299,545
Total : Vessels - 5 , DWT(m.t.) - 412,240
Sales
Vessels sold in FY 2006 - 07
Tankers Vessels Year Built DWT (m.t.) Jag Prachi 1996 44,124 Jag Leena 1985 95,007 Jag Padma 1982 47,803
Sub Total : Vessels - 3, DWT(m.t.) - 1,86,934
Total : Vessels - 3, DWT(m.t.) - 1,86,934

Acquisition
Vessels acquired in FY 2005 - 06
Dry Bulk Vessels Year Built DWT (m.t.) Jag Ravi 1997 45,342 Jag Rahul 2003 52,364 Jag Reena 2000 45,659	Tankers   Vessels Year Built DWT (m.t.) Jag Lyall 2006 110,531 Jag Lalit 2005 158,344
Sub Total : Vessels - 3 , DWT(m.t.) - 143,365	Sub Total : Vessels - 2 , DWT(m.t.) - 268,875
Total : Vessels - 5 , DWT(m.t.) - 412,240
Sales
Vessels sold in FY 2005 - 06
Tankers Vessels Year Built DWT (m.t.) Vasant J Sheth 1990 261,167 Jag Laila 1987 96,967 Jag Prakash 2003 96,967
Total : Vessels - 3, DWT(m.t.) - 404,480
Dry Bulk Carrier Vessels Year Built DWT (m.t.) Jag Ratna 1977 35,662 Jag Radha 1983 35,676 Jag Rupali 1983 37,092
Sub Total : Vessels - 3, DWT(m.t.) - 108,430
Total : Vessels - 6, DWT(m.t.) - 512,910

Acquisition
Vessels acquired in FY 2004 - 05
Dry Bulk Vessels Year Built DWT (m.t.) Jag Radha 1983 35,676 Jag Rupali 1983 37,092	Tankers   Vessels Year Built DWT (m.t.) Jag Labh 1988 96,551 Jag Pahel 2004 46,319 Ardeshir H Bhiwandiwalla 1992 265,955 Jag Lok 2005 158,280
Sub Total :Vessels - 2 , DWT(m.t.) - 72,768	Sub Total : Vessels - 4 , DWT(m.t.) - 567,105
Gas Carriers Vessels Year Built DWT (m.t.) Jag Viraj 1991 17,577
Sub Total :Vessels - 1 , DWT(m.t.) - 17,577
Total : Vessels - 7, DWT(m.t.) - 657,450
Sales
Vessels sold in FY 2004 - 05
Dry Bulk Vessels Year Built DWT (m.t.) GE 3 1998 2,137	Tankers   Vessels Year Built DWT (m.t.) Jag Larjish 1986 105,391
Sub Total : Vessels - 1, DWT(m.t.) - 2,137	Sub Total : Vessels - 1, DWT(m.t.) - 105,391
Total : Vessels - 2 , DWT(m.t.) - 107,528

Acquisition
Vessels acquired in FY 2003 - 04
Tanker Vessels Year Built DWT (m.t.) Jag Anjali 1986 66,203 Jag Lata 2003 105,716 Jag Pankhi 2003 46,273 Jag Leena 1985 95,007 Jag Lamha 1987 98,214 Vasant J Sheth 1990 2,61,167 Jag Laila 1987 96,967 Jag Leher 1986 107,592 Jag Larjish 1986 105,391 Jag Lakshya 1989 152,485 Jag Lavanya 2003 105,000
Total : Vessels - 11 , DWT(m.t.) - 1,240,015
Sales
Vessels sold in FY 2003 - 04
Dry Bulk Vessels Year Built DWT (m.t.) Jag Raksha 1985 45,345 GE 4 1998 2,137	Tankers   Vessels Year Built DWT (m.t.) Jag Priya 1996 44,128
Sub Total : Vessels - 2 , DWT(m.t.) - 47,482	Sub Total : Vessels - 1, DWT(m.t.) - 44,128
Total : Vessels - 3 , DWT(m.t.) - 91,610

Acquisition
Vessels acquired in FY 2002 - 03
Tanker Vessels Year Built DWT (m.t.) Aframax Crude Carrier (Samho) 2002 105,500.00 Jag Prakash 2003 46,345.90 Jag Arpan 1986 66,183.00
Total : Vessels - 3 , DWT(m.t.) - 2,18,028.90
Sales
Vessels sold in FY 2002 - 03
Dry Bulk Vessels Year Built DWT (m.t.) Jag Radhika 1983 41,500 Jag Rekha 1984 37,635	Tankers   Vessels Year Built DWT (m.t.) Jag Pankhi 1974 25,482 Aframax Crude Carrier (Samho) New Building Contract 105,500
Sub Total : Vessels - 2 , DWT(m.t.) - 79,135	Sub Total : Vessels - 2, DWT(m.t.) - 156,100
Total : Vessels - 4 , DWT(m.t.) - 235,235

Acquisition
Vessels acquired in FY 2001 - 02
Dry Bulk Vessels Year Built DWT (m.t.) Jag Arnav 1995 71,122	Tankers   Vessels Year Built DWT (m.t.) Jag Prachi 1996 44,367 Jag Priya 1996 44,124
Sub Total : Vessels - 1 , DWT(m.t.) - 71,122	Sub Total : Vessels - 2 , DWT(m.t.) - 88,491
Total : Vessels - 3 , DWT(m.t.) - 1,59,613
Sales
Vessels sold in FY 2001 - 02
Dry Bulk Vessels Year Built DWT (m.t.) Jag Kanti 1976 37,946 Jag Rahul 1984 37,609 GE 1 1997 2,183 GE 2 1997 2,169
Total : Vessels - 4 , DWT(m.t.) - 79,921

Acquisition
Vessels acquired in FY 2000 - 01
No Vessels acquired in FY 2000 - 01
Total : Vessels - 2 , DWT(m.t.) - 4352
Sales
Vessels sold in FY 2000 - 01
Dry Bulk Vessels Year Built DWT (m.t.) Jag Manek 1981 64,813 Jag Ravi 1977 36,762 Jag Rashmi 1981 40,505 Jag Roopa 1995 37,710	Tankers   Vessels Year Built DWT (m.t.) Jag Prakash 1974 25,482
Sub Total : Vessels - 4 , DWT(m.t.) - 1,79,790	Sub Total : Vessels - 1 , DWT(m.t.) - 25,482
Total : Vessels - 5 , DWT(m.t.) - 2,05,272

Acquisition
Vessels acquired in FY 1999 - 00
Dry Bulk Vessels Year Built DWT (m.t.) Jag Rani 1984 41,545 Jag Roopa 1985 37,710	Tankers   Vessels Year Built DWT (m.t.) Jag Pankhi 1985 50,600
Sub Total : Vessels - 2 , DWT(m.t.) - 79,255	Sub Total : Vessels - 1 , DWT(m.t.) - 50,600
Total : Vessels - 3 , DWT(m.t.) - 1,29,855
Sales
Vessels sold in FY 1999 - 00
Dry Bulk Vessels Year Built DWT (m.t.) Vessels 1977 24,719 Jag Vasant 1977 26,432	Tankers   Vessels Year Built DWT (m.t.) Jag Puja 1983 39,701 Jag Prabhat 1985 27,398 Jag Priya 1975 32,879
Sub Total : Vessels - 2 , DWT(m.t.) - 51,151	Sub Total : Vessels - 3 , DWT(m.t.) - 99,978
Total : Vessels - 5 , DWT(m.t.) - 1,51,129

Acquisition
Vessels acquired in FY 1998 - 99
Dry Bulk Vessels Year Built DWT (m.t.) GE 3 1998 2137 GE 4 1998 2137	Tankers   Vessels Year Built DWT (m.t.) Jag Laxmi 1999 1,05,051 Jag Leela 1999 1,05,148
Sub Total :Vessels - 2 , DWT(m.t.) - 4274	Sub Total : Vessels - 2 , DWT(m.t.) - 2,10,199
Total : Vessels - 4 , DWT(m.t.) - 2,14,473
Sales
Vessels sold in FY 1998 - 99
Dry Bulk Vessels Year Built DWT (m.t.) Jag Roshni 1977 34,213
Total : Vessels - 1 , DWT(m.t.) - 34,213

Acquisition

Vessels acquired in FY 1997 - 98

Dry Bulk Vessels Year Built DWT (m.t.) GE 1 1997 2183 GE 2 1997 2169

Total : Vessels - 2 , DWT(m.t.) - 4352

Sales

Vessels sold in FY 1997 - 98

Dry Bulk Vessels Year Built DWT (m.t.) Jag Vishnu 1977 27,481 Jag Shakti 1972 27,071 Jag Vivek 1977 27,014

Total : Vessels - 3 , DWT(m.t.) - 81,566