WILLIAM O. GRAY
BIOGRAPHICAL SKETCH

Mr. Gray holds a Mechanical Engineering degree from Yale, and a Naval Architecture degree from the University of Michigan with Honors.

He served three and a half years in the U.S. Navy, mostly at sea on a destroyer escort, where he became qualified for command.

He spent four years with Bethlehem Steel, when it was the world's largest shipbuilder, mainly in preliminary design of merchant ships, and especially tankers.

During twenty-two and a half years with Exxon Mr. Gray first held managerial roles in early, LNG, LPG and V/ULCC development. He supervised studies of large tankers up to 1,300,000 DWT, and also studies of pollution prevention and safety measures. He managed Exxon's Arctic Tanker Project including icebreaking experiments with 115,000 DWT tanker "MANHATTAN'.

During the '70s Mr. Gray was the main oil industry spokesman at IMO, and before the U.S. Congress, during development of MARPOL '73, and TSPP'78, work for which he received an API Citation and the Admiral Shepheard Award for Achievement in Merchant Marine Safety.

During his final seven years with Exxon Mr. Gray was the world wide operations coordinator for ocean tankers and marine terminals, managing a tanker fleet that at that time was the world's largest.

Mr. Gray joined The Skaarup Group in 1987 and initially operated the Skaarup Fleet. From 1990 onward, he specialized in tanker and safety projects for several groups-including the National Academy of Sciences and INTERTANKO as a Council Member. He is a Trustee of Webb Institute, a Member of the ABS Council, DNV's North American Committee, and LR's American Committee. In 1992 he received a Public Service Commendation from US Coast Guard, and in 1995 became Life Fellow of the Society of Naval Architects and Marine Engineers, SNAME.

In Decemberl994 Mr. Gray formed and became President of Gray Maritime Company, a marine consultancy. Principle clients include INTERTANKO, shipowners and shipyards. He is also a Director of US shipping Company Attransco. He has been a frequent speaker on marine safety for API, BIMCO, ICS, INTERTANKO, MarineLog, Seatrade, and others.

Mr. Gray and his wife Faith live in Darien, Connecticut, where she is a kindergarten teacher, and where they monitor activities of their five grown children, and nine grandchildren.

September 1999.

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