Craig H. Stevenson

CRAIG H. STEVENSON JR., Chairman and Chief Executive Officer of OMI
Corporation, was born in 1954 in Port Arthur, Texas. He graduated from
Lamar University in 1976 with a BBA in Business Management. Mr.
Stevenson began his professional career in 1971 with Sabine Towing &
Transportation Co., Inc. During his career at Sabine he held various
positions. At the time of his resignation he was Executive Vice
President, a member of the Board and Corporate Secretary. In 1984, Mr.
Stevenson left Sabine to become President of Fidelity Capital Corp. in
Houston as well as becoming a member of Hvide Marine’s Board of
Directors. In 1986 Mr. Stevenson left Fidelity Capital Corp. to become
Vice President of Development and Marketing at Hvide Shipping. In 1988,
Mr. Stevenson was named President and Director of Seabulk Ocean Systems,
an affiliate of Hvide. Mr. Stevenson was instrumental in expanding
Hvide’s scope of operations by developing a joint venture with OMI
Corporation forming Ocean Specialty Tankers Corporation. Mr. Stevenson
was named President and Director of this corporation. Mr. Stevenson
joined OMI in 1993 as Senior Vice President of Chartering. He became
Executive Vice President and COO in October 1994, and in May 1995, he
was elected to the OMI Corporation Board of Directors. He was named
President and COO on November 21, 1995. On January 1, 1997, Mr.
Stevenson became President and CEO and in 1998 Mr. Stevenson became
Chairman of the Board.