On April 15, 2026, a naming and delivery ceremony was held for NO.15 Toshin at Yamanaka Shipbuilding Co., Ltd. A safety prayer ceremony was also held at Kotohira-gu Shrine in Kagawa Prefecture, where prayers were offered for the vessel’s safe operations in the years ahead. NO.15 Toshin is a 749DWT class coastal vessel and will be operated as a products carrier. The ceremonies were attended by many guests and representatives from related companies, and the naming, safety prayer and delivery proceedings were successfully completed. We would like to express our sincere gratitude to all parties involved for their continued support and cooperation, which made this important occasion possible. Going forward, NO.15 Toshin will place safe operations as its highest priority while providing reliable transportation services and contributing to the further development of Japan’s maritime logistics industry.

Tohin Co., Ltd. and Kyushu Shipping Logistics Co., Ltd. have received a certificate of appreciation from Kotohira-gu Shrine in Kagawa Prefecture. Kotohira-gu Shrine has long been widely revered as a guardian deity of the sea and holds a particularly special place in the hearts of those engaged in maritime industries. We are deeply honored to have received this recognition from such a distinguished and historic shrine, and we accept it with sincere gratitude. Both companies remain committed to contributing to maritime safety, the further development of the shipping industry, and the communities in which we operate. We sincerely appreciate your continued guidance and support.

On March 25, 2026, the newly built vessel NO.28 TOSHIN, which had been under construction at Nakano-shima Shipyard Co., Ltd., was successfully delivered. The vessel is a 499DWT coastal vessel, and designed with enhanced safety and environmental performance, NO.28 TOSHIN has received the highest five-star rating under the Ministry of Land, Infrastructure, Transport and Tourism’s Coastal Shipping Energy Efficiency Rating System. The successful delivery was made possible through the continued support and cooperation of all parties involved, to whom we would like to express our sincere appreciation. Going forward, NO.28 TOSHIN will place safe operations as its highest priority while contributing to reliable transportation services and the further development of Japan’s maritime logistics industry.

On January 16, 2026, the launching ceremony of the coastal vessel “N0.28 Toshin” was held at Nakanoshima Shipyard. The vessel is a coastal cargo ship with 499GT/1,850DWT. Designed with a practical hull form optimized for actual operations, the vessel achieves a balance between safety and transportation efficiency. The next day, a Japanese traditional safety prayer ceremony("Anzen Kigan") was held at Konpira Shrine, where prayers were offered for the vessel’s safe voyages and for the crew’s continued safety without accidents or incidents. *The shrine is believed to be a guardian of sailors and fishermen, though its faith also has aspects of mountain worship. Following outfitting works and various trials, the vessel is scheduled for delivery in March 2026.

On October 1, 2025, the keel laying ceremony for our new coastal vessel No. 362, was held at Nakanoshima Shipyard. The vessel is 499 GT/1,850DWT, and is expected to receive the highest rating of five stars under the "Energy Efficiency Rating System" for Coastal Vessels. The vessel will be constructed at Nakanoshima Shipyard, renowned for long-standing technological expertise and ability to build high-quality, highly reliable vessels. The vessel is scheduled to be launched in January 2026 and delivered in the late spring of the same year.

Toshin Co., LTD. welcomes the Chemical/Oil tanker MT. WITHAM in October 2025. The vessel is a Chemical/Oil Tanker, built in January 2020 by Hyundai Mipo Dockyard in South Korea. Specifications Vessel Type: Chemical/Oil Tanker Deadweight (DWT): 49,999 tons Length Overall (LOA): 183.0 m Breadth: 32.2 m Depth: 13.26 m Shipyard: Hyundai Mipo Dockyard (South Korea) Year Built: January 2020 The vessel will operate under a charter agreement with Union Maritime Limited. We will continue to expand our fleet in both the international and domestic sectors, providing sustainable and reliable maritime transportation services.

On September 2nd, 2025, the keel laying ceremony for Hull No. 1211 was held at the head office shipyard of Yamanaka Shipbuilding Co., Ltd.. In the presence of all concerned parties, prayers were offered for the safety of the construction work and the successful completion of the vessel. The vessel is a coastal cargo ship with 749G/T and 2,410DWT, incorporating the latest energy-efficient design with an excellent environmental performance ship model. Therefore, we are expected to receive the highest rating of five stars under the “Energy Efficiency Rating System for Coastal Vessels.” Completion and delivery are scheduled for April 2026.

On July 12, 2025, we successfully held the launching ceremony of our newly built vessel, “NO.5 Toshin Maru”, at Nagaki Shipbuilding Co., Ltd. in Nagasaki Prefecture. This vessel has been constructed to achieve offshore operations. Furthermore, the ship will serve as a core unit of our fleet and operate coast-wide. Vessel Specifications NO.5 Toshin Maru (Pusher) Gross Tonnage: 19 tons Port of Registry: Nagasaki, Japan Navigation Area: Coastal waters Length Overall: 14.50 m Breadth: 6.00 m Depth: 1.85 m Main Engines: Yanmar Power Technology (6EY17W) × 2, twin screw Output: 1,138 PS × 2 NO.5 Toshin Maru (Barge) Length Overall: 66.80 m Breadth: 18.00 m Depth: 5.30 m Hold Capacity: approx. 1,620 m³ Deadweight: approx. 2,600 tons Cargo Handling Equipment: SE500LGP by Tsukasa Heavy Industries Co., Ltd. Jib Length: 30.0 m Orange Peel Bucket Capacity: 5.0 m³ Clamshell Bucket Capacity: 5.5 m³ Spud Length: 24 m

On March 3, 2025, the newly constructed vessel S-369, "Pusher NO.5 Toshin Maru" (19 G/T), was successfully launched at Maehata Shipbuilding Co., Ltd. in Sasebo City, Nagasaki Prefecture. Under clear skies, the launch was carried out smoothly in the presence of related parties and supporters. We would like to express our sincere gratitude to everyone involved.

We are pleased to announce that Agnes PG, a newly acquired 15,000 DWT product tanker, has officially joined the ALPHA VESSEL LIMITED fleet and commenced operations. The vessel is operating in the Caribbean region under a time charter agreement with Prechart Gordon Tankers. ■ Vessel Overview •Vessel Name: Agnes PG •Type: Product Tanker •Deadweight Tonnage: 15,000 DWT •Charterer: Prechart Gordon Tankers •Owner: ALPHA VESSEL LIMITED •Operating Area: Caribbean Region Acquired by ALPHA VESSEL LIMITED as part of our strategic fleet expansion, Agnes PG is equipped with the latest eco-friendly and fuel-efficient technologies. The vessel is optimized for safe and efficient performance in the Caribbean’s diverse port environments and trading conditions. At ALPHA VESSEL LIMITED, we are committed to delivering safe, reliable, and sustainable marine transportation solutions. The addition of Agnes PG underscores our ongoing efforts to support our charterers with high-quality tonnage and professional fleet management. We look forward to seeing Agnes PG contribute to the continued success of Prechart Gordon Tankers, while playing a key role in ensuring stable and efficient logistics in the Caribbean region. Thank you for your continued support of ALPHA VESSEL LIMITED.

May, 22nd 2024, an emergency response drill was conducted for our coastal vessel crews in Nagasaki City. To ensure that crew members can smoothly respond appropriately according to their roles in the event of an accident at sea, training was conducted on how to react to collisions with other vessels, how to report incidents, how to confirm the chain of command, how to use life-saving equipment, and how to abandon ship using life rafts.

On May 5th, 2024, our new vessel "Toho Maru NO.8" successfully delivered from Nakanoshima Shipyard in Kochi for our service. We all wish you a safe voyage.