GROUP STRUCTURE SHIPPING SERVICES FREIGHT AND FINANCIAL SERVICES * held by Island View Shipping (Pty) Limited OCEAN AFRICA CONTAINER LINES (PTY) LIMITED Seafreight logistics MARRIOTT Financial services GRINDROD INTERNATIONAL LIMITED (ISLE OF MAN) UNICORN SHIPPING (PTY) LIMITED South African wet bulk shipping, ship technical management, bunkering and procurement services LOCAL INTERNATIONAL ISLAND VIEW SHIPPING (PTY) LIMITED Dry bulk parcel service GRINDROD FREIGHT INVESTMENTS (PTY) LIMITED Landfreight logistics and ships agencies Auto logistics Bulk storage Bulk cargo logistics Container husbandry Clearing and forwarding Furniture transportation and logistics Perishable cargo logistics Ships agency Storage, warehousing and logistics Travel agents Wood pellet manufacturing 100% 100% 100% 100% 100% 100% *49% 50% IVS INTERNATIONAL PTE LIMITED [SINGAPORE] Dry bulk shipowning and operating. Fleet of owned and chartered handysize, panamax and capesize vessels UNICORN SHIPPING INTERNATIONAL LIMITED [ISLE OF MAN] Wet bulk shipowning and operating. Fleet of owned and chartered chemical and product tankers operating from a predominantly United Kingdom base.