Common use of Spares/bunkers, etc Clause in Contracts

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contract. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery and pay the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery signing this Agreement used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores All stores, manuals, instruction books, charts, plans likewise and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers also to leave onboard: 1) SOPEP 2) Ballast Management Plan 3) Compulsory ISM Library 4) Continuous Synopls Record The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Victualling which are property of the catering company, Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as well. However, sellers shall provide inventory list of spare parts on board to Buyers soon after this Agreement has been signed and the following additional 10 percent deposit lodged. There are no hired items (including items on hire): at the time of inspection except UNITOR gas bottles. The Buyers shall take over the remaining bunkers bunkers, which to be sufficient to reach nearest main bunkering port with the usual safety margin, and unused lubricating oils/greases on board at the time of delivery oils in designated storage tanks and sealed drums and pay the Sellers’ Sellers net price invoiced prices (excluding barging expenses) from the time of supply. Lubricating oils to be those and for luboils in sealed tanks and unbroached drums and/or designated storage tanks not having been used or circulated in the vessel’s machineryas evidenced by invoices and supporting vouchers. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils/greases on board oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at the time of delivery net contract price as and when they are broached and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery signing this Agreement used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores All stores, manuals, instruction books, charts, plans likewise and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers also to leave onboard: 1) SOPEP 2) Ballast Management Plan 3) Compulsory ISM Library 4) Continuous Synopls Record The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Victualling which are property of the catering company, Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as well. However, sellers shall provide inventory list of spare parts on board to Buyers soon after this Agreement has been signed and 10 percent deposit lodged. There are no hired items at the following additional items (including items on hire): time of inspection except UNITOR gas bottles. The Buyers shall take over the remaining bunkers bunkers, which to be sufficient to reach nearest main bunkering port with the usual safety margin, and unused lubricating oils/greases on board at the time of delivery oils in designated storage tanks and sealed drums and pay the Sellers’ Sellers net price invoiced prices (excluding barging expenses) from the time of supply. Lubricating oils to be those and for luboils in sealed tanks and unbroached drums and/or designated storage tanks not having been used or circulated in the vessel’s machineryas evidenced by invoices and supporting vouchers. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Ownerssuch spare parts and equipment as necessary to comply with the minimum requirements imposed on the Vessel by the Vessel’s technical manager, the Classification Society, the Buyers’ supply items choice of flag and under the BBC (as per the Shipbuilding Contractdefined in Clause 17 of this Agreement), if any. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery deliveryinspection used or unused, whether on board or not shall become the Buyers’ ' property, but butincluding spares on order are which shall be taken over by the Buyers without extra compensation to the Sellers. The Sellers shall provide the Buyers with an inventory at the time of delivery.are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpaymentif they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. Remaining bunkers, lubricating oil and other consumerable stores (excluding spare parts) on board the Vessel at the time of delivery shall be excluded from the sale and subject to the terms of Clause 9 of the BBC (as defined in Clause 17 of this Agreement). The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller propellers(s)/propeller blade(s), if . If any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, name provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(sVessel(s), shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Including the slop chest and the additional items (including hired items) as listed in Addendum No. 1 are excluded from this sale. The Buyers Buyer shall take over the remaining unused lubricating oils in storage tanks and unbroached sealed drums not in the Vessel’s system and pay the Sellers as per Addendum No 2. last invoice price net of any discounts for such bunkers and unused lubricating oils/greases oils (excluding barging expenses). Copies of invoices to be provided by Sellers to Buyers at least 5 days prior to delivery date (unless purchased later). In case such invoices are not available then Platts prices based on board either Singapore or Rotterdam (whichever of the two, Vessel is closest to at the time of delivery). Exact amount of bunkers / lubricating oils at the time of delivery and pay the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils to be those ascertained by a joint survey on board Vessels by Buyers and Sellers respective representatives at least one day in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.advanced of delivery date

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers ): a) oxygen/ acytelene / R22 Gas Bottles. b) All Log Books for Deck, Engine and unused lubricating oils/greases on board radio with Buyers' right to photocopy available logs at the time of delivery their own expense. c) All ISPS, ISM and pay the Sellers’ net price (excluding barging expensesquality documentation and correspondence. d) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. Payment under this Clause shall be made at the same time Crew/ Officers library/ walport videos. e) All Master's Slopchest/ Bonded stores, all Master's and place and in the same currency as the Purchase Pricecrew's personal belongings. f) Personal lap-top computers.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment GMDS, Computers, printers shall be included in the sale without extra payment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): (vessel’s delivery of any hired equipment on board will be itemised in an addendum to this Agreement.) : Videotel Equipment, Owners Manuals/Instruction Books, Log Books, Company Software, Buyers to be allowed to make copies of Owners manuals/instruction books/Log books, etc at Buyers expenses. The Buyers shall take over and pay for the remaining bunkers and unused / unbroached lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ net price (Sellers costs against documented invoices excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding ContractShore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be Included excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions provisions, shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ last purchased price supported with vouchers. Bunkers and the property of the Charterers and no payment shall be made for these between Buyers and Sellers. current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding ContractShore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be included excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions provisions, shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ last purchased price supported with vouchers. Bunkers and the property of the Charterers and no payment shall be made for these between Buyers and Sellers. current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment GMDSS, computers, printers shall be included in the sale without extra payment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire) (vessel’s delivery of any hired equipment on board wxxx be itemized in an addendum to this Agreement): Videotel Equipment, Owners Manuals/Instruction Books, Log Books, Company Software, Buyers to be allowed to make copies of Owners manuals/Instruction books/Logbooks, etc at Buyers expense. The Buyers shall take over the remaining bunkers and unused / unbroached lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ net price (Sellers costs against documented Invoices excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her (including broached/unbroached stores and provisions) on board and on shore including all Owners’ supply items as per the Shipbuilding ContractonShore. All spare parts and spare equipment including spare tail-tail end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-tail end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation (including GMDSS) and navigational equipment shall be included in the sale without saleWithout extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): videotel library and UNITOR bottles. The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at oils in storage tanks and sealed drums (which have not passed through the time of delivery vessel's system) and pay the Sellers’ ' net contract price as evidenced by invoices. The bunkers are Charterers' property. current net market price (excluding barging expenses) from at the time port and dateof delivery of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. Vessel.Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board on shore and on shore including all Owners’ supply items as per the Shipbuilding Contractorder. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment GMDSS, computers, printers shall be included in the sale without extra payment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): (vessel’s delivery of any hired equipment on board will be itemised in an addendum to this Agreement): Videotel Equipment, Owners Manuals/Instruction Books, Log Books, Company Software, Buyers to be allowed to make copies of Owners manuals/instruction books/Log books, etc at Buyers expense. The Buyers shall take over and pay for the remaining bunkers and unused /unbroached lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ net price (Sellers costs against documented invoices excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board on shore and on shore including all Owners’ supply items as per the Shipbuilding Contractorder. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment GMDSS, computers, printers shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire) (vessel’s delivery of any hired equipment on board will be itemised in an addendum to this Agreement.): Videotel Equipment, Owners Manuals/Instruction Books, Log Books, Company Software, Buyers to be allowed to make copies of Owners manuals/Instruction books/Log books, etc at Buyers expense. The Buyers shall take over and pay for the remaining bunkers and unused / unbroached lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ net price (excluding barging expenses) from Sellers costs at prices prevailing at delivery port as quoted by one of the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. oil majors Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ Seller’s flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): • Dosing pump for boiler water treatment (2 pieces) • Unitor HFO compatibility test kit (1 piece) • Extra deck air compressor with panel (1 piece) • H.P. washing machine complete with extension cables (1 piece) • Painting spray machine The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at oils in sealed drums or in storage tanks without having passed through the time of delivery vessel’s system and sealed drums and pay the Sellers’ current not marked last net purchase prices evidenced by the copy of invoices which to be provided by the sellers price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller propellers(s)/propeller blade(s), . if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop stop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be included excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are property of the Sellers. Unused Unused/unbroached stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Vessel has neither spare propeller, nor spare tail-end shaft, nor spare anchor. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): To be excluded from the sale: Unitor Oxygen and Acetylene Bottles/equipment both used and unused, Owners’ Lists/publications/videos/software/PC’s etc, Globe wireless equipment/Mini-M’s. The Buyers buyers shall take over the remaining bunkers and unused lubricating oils(IFO/greases on board at the time of delivery MDO) and pay the Sellers: - in case of charter free as per Xxxxx’x prices at port of delivery or nearest port thereto, or - in case of charter attached as per charter party prices Also the buyers shall take over the remaining and unused lubricating oils and greases and pay the Sellers the contract prices, a joint survey between Sellers’ net price (excluding barging expenses) from and Buyers’ representatives to take place to ascertain the time quantities of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in remaining bunkers/lubs on the vessel’s machinerydate of delivery. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding ContractShore and on order. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on or board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment. Unused stores and provisions and publications shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, platesplate, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and unbroached sealed drums and pay the Sellers’ sellers net purchase price including discounts This contract is a computer generated copy of the SALEFORM 1993 form, printed under license from the Norwegian Shipbrokers' Association, using the BIMCO Charter Party Editor. Any addition or deletion to the form must be clearly visible. In event of any modification being made to the preprinted text of this document, which is not clearly visible, the original document recommended by BIMCO shall apply. The Norwegian Shipbrokers' Association and BIMCO assume no responsibility for any loss or damage caused as a result of discrepancies between the original document and this document. (excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery). Payment under this Clause shall be made at the same time and place and in cash in the same currency as the Purchase Price. The Sellers shall provide copies of such invoices together with the proposed documents as provided in clause 3 above.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractinventory of spares supplied by the shipbuilders. All spare parts and spare equipment additional to the original spare parts supplied by the shipbuilder, including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s)) all being spare to the Vessel, if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall where unused, be purchased by Buyers at the price paid by Sellers, become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but and the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers at cost paid by the Sellers. without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Insofar as they are not already the property of the Buyers, the The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the to Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding ContractShore and/or on order. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if . If any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, including paints, wires, ropes, tackles and stores broached or unbroached but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. Spare parts on board to be as at the time of inspection by the Buyers and to be at least to the minimum class requirement. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers with an extra payment of maximum USD 10,000. without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): There are no hired equipments on board except for Oxygen / Freon / Acatylon bottles. The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils and chemicals in storage tanks, unbroached barrels and sealed drums and pay as per Sellers net invoiced prices less all discounts and any barging / delivery costs, supported by invoices / vouchers. the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price. A statement (protocol) of Bunkers on board to be made on delivery. Exact quantities of lubes/chemicals to be measured and agreed by Buyers’ and Sellers’ Representatives’ joint survey 2 (two) days before the estimated time of delivery.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractexcluding models. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra paymentpayment Provisions and bonds are property of crew and are to be taken over and paid for by the Buyers at a price to be agreed with Vessel’s Master and/or Chief Xxxxxxx as representative of crew but if Buyers do not wish to take over and pay for such provisions and bonds then it shall be at Master’s discretion to remove same or leave on board free of charges to Buyers excluding bonded cigarettes which cannot be taken ashore by law. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): All items on hire such as but not limited to, Wilhesen Gas bottles and Videotel Library together with the officers’/masters’/crews’ personal effects, computers, spos, portable cargo holds cleaning equipment sass (contracted) are excluded. Tempus system. Further items will be advised. The Buyers shall take over the remaining bunkers and unused unused/unbroached lubricating oils/greases on board at the time of delivery oils and grease in storage tanks and sealed drums and pay the current Sellers’ net invoiced price against supporting invoices. net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinerydelivery of-the-Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): To Be Advised The Buyers shall take over the remaining bunkers (if same are property of the Sellers) and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and _______________ sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machinery. Vessel.See Clause 20 Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contract. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection, used or unused, whether on board onboard or not shall become the Buyers’ property, property but including for the avoidance of doubt and without limiting the generality of the foregoing spares on order order, if any, as well as all those parts and equipment mentioned in the Shipbuilding Contract[, the Resale Agreement] and the Specifications are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-tail end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment, if they are the property of the Sellers. Unused stores and provisions provisions, if any, shall be included in the sale and be taken over by the Buyers without extra payment. All items listed in section III of the Specifications such as entertainment equipment, hardware, crockery, gymnastic apparatus, consumable stores, etc. to be for Buyers’ account. Spare parts to be in accordance with the requirements of the Classification Society. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers’ vessel(s), ) shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay an amount equal to that payable by the Sellers’ Sellers to the Intermediate Sellers or, as the case may be, the Builder. the current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The All radio installation and navigational equipment equipment, including GMDSS shall be included in the sale without extra payment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Excluded from the sale also to be Vessel’s engine room log books, although Buyers have the right to take Photocopies of log books for the last 12 months at their expense. Vessel’s oil record book from the time of Vessel’s construction to remain onboard as per SOLAS requirements. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers Masters bond stores, Sponsor’s painting, Unitor oxygene, acetylene and unused lubricating oilsfreon gas cylinders, Videotel video library, Seagull training Videos, Butterworth Tank Cleaning Machines, Mini-ns/greases on board at the time of delivery and pay the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vesselIrridium, Owner’s machinerymanuals, PMS. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractexcluding models. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra paymentpayment Provisions and bonds are property of crew and are to be taken over and paid for by the Buyers at a price to he agreed with Vessel’s Master and/or Chief Xxxxxxx as representative of crew but if Buyers do not wish to take over and pay for such provisions and bonds then it shall be at Master’s discretion to remove same or leave on board free of charges to Buyers excluding bonded cigarettes which cannot be taken ashore by law. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): All items on hire such as but not limited to, Wilhesen Gas bottles and Videotel Library together with the officers’/masters’/crews’ personal effects, computers, spos, portable cargo holds cleaning equipment sass (contracted) are excluded. Tempus system. Further items will be advised. The Buyers shall take over the remaining bunkers and unused unused/unbroached lubricating oils/greases on board at the time of delivery oils and grease in storage tanks and sealed drums and pay the current not market price Sellers’ net invoiced price against supporting invoices. (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the to Vessel to the Buyers with everything belonging to her on board board. There are not spares or any other items ashore or on order. and on shore including all Owners’ supply items as per the Shipbuilding Contract. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ Buyers account. .The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): ). There are no hired equipments on board except for Oxygen / Freon / Acatylon bottles. The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board oils in storage tanks and sealed drums and pay TBA $/MT IFO, TBA $/MT MDO and Sellers contract price at the time port of delivery and pay for Lubricating oils. the Sellers’ net current nol market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board on shore and on shore including all Owners’ supply items as per the Shipbuilding Contractorder. All grabs on board four (4) in number are included in sale. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), shaft if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ Seller's flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's Officers', Officers’ managers (it being understood that reasonable managers items to be excluded will not affect vessels flag or class requirement) and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): oxygen/acetylene bottles which to be removed by the Seller's at their expense prior to delivery. Loadmaster with relevant programs-software shall be included in the sale. The following hired items are excluded from the sale: 1. Oxygen bottles - 7 pcs 2. Acetylene bottles - 3 pcs 3. Freon gas bottles - 4 pcs 4. Lap top computer - 4 sets The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board oils in storage tanks and sealed drums as onboard at the time of delivery as evidenced by supporting vouchers. Bunkers and pay the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating unused lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in settled at the vessel’s machinerySellers cost price as evidence by supporting vouchers. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contract. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excludedShore. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra paymentpayment if originally purchased or supplied by the Buyers. The Otherwise Buyers to reimburse the Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing against the Sellers’ flag or nameor, provided they replace same with similar unmarked itemsas the case may be, the Builder’s relevant invoices (after taking into account any discounts). Library, forms, etc., exclusively for use in the Sellers’ vessel(s), Spare parts shall be excluded without compensationin accordance with the requirements of the Classification Society to the extent provided by the Builder. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils (whether in storage tanks, sealed drums or remaining in the main engine, other machinery and their pipes, xxxxx tube and the like) and pay, as regards the bunkers, the same amount paid by the Sellers to the Builder pursuant to the terms of the Shipbuilding Contract and, as regards the lubricant oils, the net price paid by the Sellers to their suppliers in relation to such lubricant oils (after taking into account any discount or rebate received by the Sellers or their manager by such supplier in connection with such lubricating oils/greases on board at ), in either case as evidenced by the time of delivery and pay the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machineryrelevant invoices. Payment under this the Clause shall be made at the same time and place and in the same currency as This document is a computer generated SALEFORM 1993 form printed by authority of the Norwegian Shipbrokers’ Association. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original approved document shall apply. BIMCO and the Norwegian Shipbrokers’ Association assume no responsibility for any loss, damage or expense as a result of discrepancies between the original approved document and this computer generated document. the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contract. excluding models.All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ Buyer’s property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra paymentpayment Provisions and bonds are property of crew and are to be taken over and paid for by the Buyers at a price to be agreed with Vessel’s Master and/or Chief Xxxxxxx as representative of crew but if Buyers do not wish to take over and pay for such provisions and bonds then it shall be at Master’s discretion to remove same or leave on board free of charges to Buyers excluding bonded cigarettes which cannot be taken ashore by law. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): All items on hire such as but not limited to, Wilhesen Gas bottles and Videotel Library together with the officers ’/masters ’/crews’ personal effects, computers, spos, portable cargo holds cleaning equipment sass (contracted) are excluded. Tempus system. Further items will be advised. The Buyers shall take over the remaining bunkers and unused unused/unbroached lubricating oils/greases on board at the time of delivery oils and grease in storage tanks and sealed drums and pay the current net market price Sellers’ net invoiced price against supporting invoices, (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding ContractShore at no extra cost. All spare parts and spare equipment on board including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding Nothwithstanding the foregoing, forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall not take over the remaining bunkers and unused lubricating oils/greases oils in storage tanks and sealed drums on board at which are property of Stena Bulk AB (the “Time Charterer”) pursuant to a time of delivery charter dated January 6, 2006 (the “Time Charter”) between Time Charterer and pay the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils Seller, as novated by Seller to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. GMR Contest LLC Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contract. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection, used or unused, whether on board onboard or not shall become the Buyers’ property, but including for the avoidance of doubt and without limiting the generality of the foregoing spares on order order, if any, as well as all those parts and equipment mentioned in the Shipbuilding Contract[, the Resale Agreement] and the Specifications are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-tail end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment, if they are the property of the Sellers. Unused stores and provisions provisions, if any, shall be included in the sale and be taken over by the Buyers without extra payment. All items listed in section III of the Specifications such as entertainment equipment, hardware, crockery, gymnastic apparatus, consumable stores, etc. to be for Buyers’ account. Spare parts to be in accordance with the requirements of the Classification Society. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers’ vessel(s), ) shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay an amount equal to that payable by the Sellers’ Sellers to the Intermediate Sellers or, as the case may be, the Builder. the current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers Vessel shall deliver the Vessel to the Buyers be delivered with everything belonging to her on board and on shore shore, used or unused, including all Owners’ supply items as per the Shipbuilding Contract. All spare parts and spare equipment equipment, stores, radio installations and navigational equipment. Excluded from this sale are personal effects of Master, Officers and Crew including spare tail-end shaft(sslop chest, HOLY ICONS, MASTER’S FILES, ALL MASTER’S CORRESPONDENCE RELATING TO CARGO CLAIMS, ISM AND ISPS MANUALS/SUPPORTING PUBLICATIONS AND SMC, SOPEP MANUAL ETC OXYGENE/ACETYLENE/R22 GAS BOTTLES, DOCUMENTS, FORMS RELATED TO PRESENT OWNERSHIP, DOCUMENTS WHICH HAVE TO BE RETURNED TO THE AUTHORITIES, COMPUTER SOFTWARE, log books, files, original certificates which must be surrendered to authorities and hired or third party’s items, which shall be taken ashore by the Sellers upon or before delivery of the Vessel. Vessels hired/third party/excluded items are as follows: Marichem Gas Bottles (Oxygen - Acetylene) and/or spare propeller(s)/propeller blade(s)Buyers to pay extra for remaining bunkers at the following prices: For IFO 380 CST, if any, belonging IFO 180 CST and MDO at the Published Platts Oilgram price issued at the port close to delivery three (3) banking days prior to the Vessel expected date of delivery and unused luboil that have not passed through vessel’s system in designated storage tanks and sealed drums only at owners last net contract prices evidenced by vouchers. Quantities of bunkers / lubricants to be measured / agreed jointly between the Sellers and the Buyers’ representatives at least 3 days prior delivery however the consumed quantities from the date of measurement until the time of delivery to be deducted from the findings at the time of delivery used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etcmeasurement., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery and pay the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board onboard or not shall become the Buyers’ property, but propertybut including for the avoidance of doubt and without limiting the generality of the foregoing spares on order are as well as any computers, printers, software programs (excluding hired programs), etc. required for the operation of the Vessel.are to be excludedExcluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller propellers(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers shall also deliver to the Buyers any scale replica model they have of the Vessel, if in existence, which was presented to them by the Builder. The spare parts and equipment delivered to the Sellers under this Agreement shall be at least as per Classification Society’s minimum requirements. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers’ vessel(s), ) shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): ): 1) UNITOR Oxygen, Acetylene and Freon bottles (empty and full), 2) DANAOS PMS program, 3) ARCS, 4) VIDEOTEL library, 5) SSAS (Ship’s Security Alert System) software including poll position, map view and daily position report (contracted). The Buyers shall take over the remaining The Sellers confirm that any bunkers and unused lubricating oils/greases oils whether in the system of the Vessel or in storage tanks and/or sealed drums which are on board the Vessel at the time of the Buyers taking delivery of the Vessel pursuant to the terms thereof, shall be the property of the Charterer or the Other Charterer. Consequently no bunkers on the Vessel are included in this sale and, therefore, the Buyers when taking delivery of the Vessel shall not have to make any payment to the Sellers, the Charterer, the Other Charterer or any other person in relation thereto. Furthermore, the Sellers acknowledge and undertake that they shall remain responsible for any bunkers that the Charterer or the other Charterer may have a claim for payment under the relevant Charter and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supplydelivery of the Vessel. Lubricating The Buyers shall take over any unused lubricating oils in storage tanks and/or sealed drums and to pay to the Sellers an amount equal to that paid by the Sellers (as evidenced by appropriate invoices) for such lubricant oils to the extent the same has not already been taken into account in calculations under clause 21 hereof. Off-hire time and bunkers, including any additional port expenses incurred due to the change of ownership until the Vessel’s delivery to the Buyers to be those in sealed drums and/or designated storage tanks not having been used or circulated in for the vessel’s machinerySellers’ account; thereafter, same will be for the Buyers’ account. Payment of lubricant oils, if any, under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per without extra costs to the Shipbuilding ContractBuyers'. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(spropeller(s)/propellerblade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(spropeller(s)/propellerblade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ Seller's flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's Officers', Officers’ and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Unitor Gas Bottles. The Buyers shall take over the and pay for remaining bunkers and unused lubricating oils/greases on board Bunkers onboard at the time of delivery at Sellers' net contract prices as per last supply and for Unused Lubricating Oils in storage tanks and unbroached drums to pay as per last major supply on the Sellers’ net price (excluding barging expenses) from date of delivery of the time of supplyVessel. Lubricating oils Prices for Bunkers and Luboils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machineryevidenced by relevant invoices. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board onboard or not shall become the Buyers’ property, property but including for the avoidance of doubt and without limiting the generality of the foregoing spares on order as well as any computers, printers, software programs (excluding hired programs), etc. required for the operation of the Vessel and all those parts and equipment mentioned in the Shipbuilding Contract, the Resale Agreement and the Specifications. are to be excludedExcluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller propellers(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers shall also deliver to the Buyers any scale replica model they have of the Vessel, if in existence, which was presented to them by the Builder. The spare parts and equipment delivered to the Sellers under this Agreement shall be at least as per Classification Society’s minimum requirements. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers’ vessel(s), ) shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): ): 1) UNITOR Oxygen, Acetylene and Freon bottles (empty and full), 2) DANAOS PMS program, 3) ARCS, 4) VIDEOTEL library, 5) SSAS (Ship’s Security Alert System) software including poll position, map view and daily position report (contracted). The Buyers shall take over the remaining The Sellers confirm that any bunkers and unused lubricating oils/greases oils whether in the system of the Vessel or in storage tanks and/or sealed drums which are on board the Vessel at the time of the Buyers taking delivery of the Vessel pursuant to the terms thereof, shall be the property of the Charterer. Consequently no bunkers on the Vessel are included in this sale and, therefore, the Buyers when taking delivery of the Vessel shall not have to make any payment to the Sellers, the Charterer or any other person in relation thereto. Furthermore, the Sellers acknowledge and undertake that they shall remain responsible for any bunkers that the Charterer may have a claim for payment under the Charter and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supplydelivery of the Vessel. Lubricating The Buyers shall take over any unused lubricating oils in storage tanks and/or sealed drums and to pay to the Sellers an amount equal to that paid by the Sellers (as evidenced by appropriate invoices) for such lubricant oils to the extent the same has not already been taken into account in calculations under clause 21 hereof. Off-hire time and bunkers, including any additional port expenses incurred due to the change of ownership until the Vessel’s delivery to the Buyers to be those in sealed drums and/or designated storage tanks not having been used or circulated in for the vessel’s machinerySellers’ account; thereafter, same will be for the Buyers’ account. Payment of lubricant oils, if any, under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contract. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection, used or unused, whether on board onboard or not shall become the Buyers’ property, but including for the avoidance of doubt and without limiting the generality of the foregoing spares on order order, if any, as well as all those parts and equipment mentioned in the Shipbuilding Contract[, the Resale Agreement] and the Specifications are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller propellers(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment, if they are the property of the Sellers. Unused stores and provisions provisions, if any, shall be included in the sale and be taken over by the Buyers without extra payment.. All items listed in section III of the Specifications such as entertainment equipment, hardware, crockery, gymnastic apparatus, consumable stores, etc. to be for Buyers’ account. Spare parts to be in accordance with the requirements of the Classification Society. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers’ vessel(s), ) shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay an amount equal to that payable by the Sellers’ Sellers to the Intermediate Sellers or, as the case may be, the Builder. the current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The All radio installation and navigational equipment equipment, including GMDSS shall be included in the sale without extra payment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. , Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Excluded from the sale also to be Vessel’s engine room log books, although Buyers have the right to take Photocopies of log books for the last 12 months at their expense. Vessel’s oil record book from the time of Vessel’s construction to remain onboard as per SOLAS requirements. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items Items on hire): The Buyers shall take over the remaining bunkers Masters bond stores, Sponsor’s painting, Unitor oxygene, acetylene and unused lubricating oils/greases on board at the time of delivery and pay the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vesselfreon gas cylinders, Videotel video library, Seagull training videos, Batterworth Tank Cleaning Machines, Minim /Irridium, Owner’s machineryManuals, PMS. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers Seller shall deliver the Vessel to the Buyers Buyer with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractonboard. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s)equipment, if anywhether afloat or ashore, belonging to broached and unbroached stores and provisions onboard the Vessel at the time of delivery the inspection, used or unused, whether on board or not shall become the Buyers’ Buyer's property, but spares on order are to except items set forth in the Paragraph below and in Schedule A hereto shall be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are Seller is not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare spares belonging to the Vessel and used as replacement parts on the Vessel prior to delivery, but the replaced items shall be the property of the BuyersBuyer. Buyer further agrees that the self contained breathing apparatus is accepted "as is, where is", and that the Buyer will inspect the equipment to verify that it is in proper operating condition prior to use, and to train their employees in the proper use and maintenance of the equipment. Schedule B is a current list of inventory items ashore. Sellers shall conduct a final inventory of items ashore and add any additional items from this inventory to Schedule B which the parties agree shall constitute the final Schedule B; possession of all such items on Schedule B shall be delivered to Buyer upon delivery of the Vessels. The radio installation and navigational equipment shall be included in the sale without extra payment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have Seller has the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ Seller's flag or name, provided they replace Seller replaces same with similar unmarked items. LibraryIn addition, formsSeller has the right to remove all items of property presently onboard the Vessel and listed on Schedule A attached hereto. Captain's, etc.Officers' and Crew's personal belongings, exclusively for use in the Sellers’ vessel(s)including personal computers and slop chest, shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to also be excluded from the sale, as well as . Seller shall provide Buyer with a blank copy of all forms used onboard the following Vessel. Library books specifically related and peculiar to the Vessel shall be included without additional items (including items on hire): cost. The Buyers Buyer shall take over the all remaining bunkers and unused pumpable bunkers, lubricating oils/greases , and diesel fuel, in such quantities as are determined by representatives of Buyer and Seller on board the date of the Closing, and pay for same at the time of delivery and pay the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils Closing in an amount to be those in sealed drums and/or designated storage tanks not having been used or circulated in calculated by using the vessel’s machinerySeller's last paid invoice for same. Payment under this Clause for same shall be made by wire transfer at the same time and place and in the same currency as the Purchase PriceClosing.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-tail end shaft(s) and/or shaft(s)-and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but including spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment. Unused stores and provisions provisions, navigational aids, radio and telecommunication equipment (unless equipment is on hire) shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen Library and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., forms exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain) and captain’s, Officersofficers’ and Crewcrew’s personal belongings including the slop chest are to be excluded from the sale, sale without compensation. as well as the following additional items items:…………… (including items include list) Items on hire): The Buyers shall take over board which are on hire or owned by third parties, listed as follows, are excluded from the remaining bunkers and unused lubricating oilssale without compensation: • 1 CISCO ROUTER/greases FIREWALL MODEL 881 (include list) Items on board at the time of inspection which are on hire or owned by third parties, not listed above, shall be replaced or procured by the Sellers prior to delivery at their cost and expense. The Buyers shall take over remaining bunkers and unused lubricating oils and hydraulic oils and greases in bulk storage tanks and unopened sealed drums and pay either: (a) the Sellers’ actual net/discounted price (including barging expenses) as evidenced by invoices or vouchers; or (b) the current net market price (excluding barging expenses) from at the time port and date of supplydelivery of the Vessel or, if unavailable) at the nearest bunkering port. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in for the vessel’s machineryquantities taken over. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares fatl-sparos on order are to This document is a computer generated SALEFORM 1993 form printed by authority of the Norwegian Shipbrokers’ Association. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original approved document shall apply. BIMCO and the Norwegian Shipbrokers’ Association assume no responsibility for any loss, damage or expense as a result of discrepancies between the original approved document and this computer generated document. be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-tail — end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take take-over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and-pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supplydelivery of the Vessel. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. Payment Payment-under this Clause shall be made at the same time and place and in the same currency as the Purchase Price. The Buyers shall take over remaining unused lubricating oils (in tanks or in broached/unbroached drums) at the time of delivery paying the Sellers net Oil Major prices for last supply port.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers, if applicable. The All radio installation and navigational equipment including GMDSS shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Buyers have the right to take photocopies of log books, and all routine engine / deck maintenance reports for the last twelve months at their expense. Vessel’s oil record book from the time of Vessel’s contruction to remain onboard as per SOLAS requirements. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Oxygen, acetylene and freon bottles and video films from Videotel. The Buyers shall take over the remaining bunkers (unless same is property of the Pool, as charterers) and unused lubricating oils/greases on board at oils in storage tanks and sealed drums (not having gone through the time of delivery Vessel’s system) and pay the Sellers’ Sellers last net price purchase prices after discounts as evidenced by supporting invoices/documentation based on quantity figures mutually agreed between Buyer’s and Seller’s representatives ROB latest on the date of delivery. (excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): To Be Advised The Buyers shall take over the remaining bunkers (if same are property of the Sellers) and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and __________________ sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supplydelivery of the Vessel. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. See Clause 20 Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractand on order. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s)) spare anchor, if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The navigational equipment, wireless equipment radio installation and navigational equipment including GMDSS shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused Tools, spare equipment, materials, maintenance records and other unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the master’s slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): MARICHEM gas bottles (The Sellers shall revert if any additional hired items) The Buyers to pay extra only for remaining unused lubricating oils in designated storage tanks and sealed/unbroached drums at the Sellers last nett prices supported by invoices/vouchers and bunkers on board as per latest purchase price (less discounts and barging cost) supported by the relevant invoices, shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net price (excluding market price-(excluding barging expenses) from at the time of supply. Lubricating port and date Unused lubricating oils to be are defined as those lubricating oils which have not passed through the system and that are stored in sealed drums and/or designated storage tanks or in sealed drums/barrels. The quantities of the bunkers and unused lubricating oils remaining on board on delivery shall be agreed with a join survey between the Buyers and the Sellers representatives not having been used or circulated in later than two (2) days prior to the vessel’s machinerydelivery with an agreed allowance for the consumption up to physical delivery. of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, on order, if any, and on shore shore. including all Owners’ supply items as per the Shipbuilding Contractnavigational aids, all safety equipments etc. spares and stores broached and unbroached with no extra cost. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they substitute for the replace same an adequate number of with similar unmarked items. Personal and Charter’s Book, cassetes and Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be taken ashore before delivery. excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest chest, log books and original Certificates are to be excluded from the sale, as well as the following additional items (including items on hire): gas bottles (oxygen, acetylene, freon) and Videotel Safety videos. There will be credit for the gas bottles deposit, but none for the videotel. Buyers have the right to take photo copies of deck and engine log books. The Buyers shall take over and pay extra for the remaining bunkers and unused lubricating oils/greases on board onboard at the time of delivery and pay at the Sellers’ net contract price of last supply as evidenced by vouchers. Buyers to pay extra for the remaining and unused lubricating oils (in storage tanks and sealed in unbroached drums) at Sellers’ net contract price of last supply as evidenced by vouchers. and pay the current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board onboard or not shall become the Buyers’ property, but propertybut including for the avoidance of doubt and without limiting the generality of the foregoing spares on order are as well as any computers, printers, software programs (excluding hired programs), etc. required for the operation of the Vessel.are to be excludedExcluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller propellers(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers shall also deliver to the Buyers any scale replica model they have of the Vessel, if in existence, which was presented to them by the Builder. The spare parts and equipment delivered to the Sellers under this Agreement shall be at least as per Classification Society’s minimum requirements. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers’ vessel(s), ) shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): ): 1) UNITOR Oxygen, Acetylene and Freon bottles (empty and full), 2) DANAOS PMS program, 3) ARCS, 4) VIDEOTEL library, 5) SSAS (Ship’s Security Alert System) software including poll position, map view and daily position report (contracted). The Buyers shall take over the remaining remainingThe Sellers confirm that any bunkers and unused lubricating oils/greases oils whether in the system of the Vessel or in storage tanks and/or sealed drums which are on board the Vessel at the time of the Buyers taking delivery of the Vessel pursuant to the terms thereof, shall be the property of the Charterer. Consequently no bunkers on the Vessel are included in this sale and, therefore, the Buyers when taking delivery of the Vessel shall not have to make any payment to the Sellers, the Charterer or any other person in relation thereto. Furthermore, the Sellers acknowledge and undertake that they shall remain responsible for any bunkers that the Charterer may have a claim for payment under the Charter and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supplydelivery of the Vessel. Lubricating The Buyers shall take over any unused lubricating oils in storage tanks and/or sealed drums and to pay to the Sellers an amount equal to that paid by the Sellers (as evidenced by appropriate invoices) for such lubricant oils to the extent the same has not already been taken into account in calculations under clause 21 hereof. Off-hire time and bunkers, including any additional port expenses incurred due to the change of ownership until the Vessel’s delivery to the Buyers to be those in sealed drums and/or designated storage tanks not having been used or circulated in for the vessel’s machinerySellers’ account; thereafter, same will be for the Buyers’ account. Payment of lubricant oils, if any, under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding ContractShore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be Included excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions provisions, shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ last purchased price including all discounts on the lube oil prices supported with vouchers. Bunkers and the property of the Charterers and no payment shall be made for these between Buyers and Sellers. current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if . If any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price. There will be no payment for bunkers since those belong to the charterers.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board onboard or not shall become the Buyers’ property, but propertybut including for the avoidance of doubt and without limiting the generality of the foregoing spares on order as well as any computers, printers, software programs (excluding hired programs), etc. required for the operation of the Vessel. are to be excludedExcluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller propellers(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers shall also deliver to the Buyers any scale replica model they have of the Vessel, if in existence, which was presented to them by the Builder. The spare parts and equipment delivered to the Sellers under this Agreement shall be at least as per Classification Society’s minimum requirements. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers’ vessel(s), ) shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): ): 1) UNITOR Oxygen, Acetylene and Freon bottles (empty and full), 2) DANAOS PMS program, 3) ARCS, 4) VIDEOTEL library, 5) SSAS (Ship’s Security Alert System) software including poll position, map view and daily position report (contracted). The Buyers shall take over the remaining The Sellers confirm that any bunkers and unused lubricating oils/greases oils whether in the system of the Vessel or in storage tanks and/or sealed drums which are on board the Vessel at the time of the Buyers taking delivery of the Vessel pursuant to the terms thereof, shall be the property of the Charterer. Consequently no bunkers on the Vessel are included in this sale and, therefore, the Buyers when taking delivery of the Vessel shall not have to make any payment to the Sellers, the Charterer or any other person in relation thereto. Furthermore, the Sellers acknowledge and undertake that they shall remain responsible for any bunkers that the Charterer may have a claim for payment under the Charter and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supplydelivery of the Vessel. Lubricating The Buyers shall take over any unused lubricating oils in storage tanks and/or sealed drums and to pay to the Sellers an amount equal to that paid by the Sellers (as evidenced by appropriate invoices) for such lubricant oils to the extent the same has not already been taken into account in calculations under clause 21 hereof. Off-hire time and bunkers, including any additional port expenses incurred due to the change of ownership until the Vessel’s delivery to the Buyers to be those in sealed drums and/or designated storage tanks not having been used or circulated in for the vessel’s machinerySellers’ account; thereafter, same will be for the Buyers’ account. Payment of lubricant oils, if any, under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): To Be Advised The Buyers shall take over the remaining bunkers and (if same are property of the Sellers)and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supplydelivery of the Vessel. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. See Clause 20 Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items without any removals (except as per the Shipbuilding Contractspecified below). All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment equipment-including shall be included in the sale This document is a computer generated SALEFORM 1993 form printed by authority of the Norwegian Shipbrokers’ Association. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which not dearly visible, the text of the original approved document shall apply. BIMCO and the Norwegian Shipbrokers’ Association assume no responsibility for any loss, damage or expense as a result of discrepancies between the original approved document and this computer generated document. without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, (including ISM/ISPS documents and manuals and standard company forms), etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Oxygen, Acetylene and Freon gas cylinders are excluded from the sale. Captain’s, Officers’ and Crew’s personal belongings including personal paintings and portraits, crew recreational items and the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/, hydraulic oils and greases on board at the time of delivery in storage tanks and broached and unbroached stores, and pay the Sellers’ last net purchase price (less all discounts and excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums as supported by vouchers and/or designated storage tanks not having been used or circulated in the vessel’s machineryinvoices. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): To Be Advised The Buyers shall take over the remaining bunkers (if same are property of the Sellers) and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed ________________ drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machinery. Vessel.See Clause 20 Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/hydraulic oils in storage tanks and sealed drums and greases on board at the time of delivery and pay the Sellers’ sellers last purchase prices including discounts and excluding barging/delivering charges as evidenced by supporting invoices and/or vouchers current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller propellers(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and pay the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated the value of which is included in the vessel’s machinerysale price. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items without any removals (except as per the Shipbuilding Contractspecified below). All AII spare parts and spare equipment including spare tailtail- This document is a computer generated SALEFORM 1993 form printed by authority of the Norwegian Shipbrokers’ Association. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not dearly visible, the text of the original approved document shall apply. BIMCO and the Norwegian Shipbrokers’ Association assume no responsibility for any loss, damage or expense as a result of discrepancies between the original approved document and this computer generated document. end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment including shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, (including ISM/ISPS documents and manuals and standard company forms), etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Oxygen, Acetylene and Freon gas cylinders are excluded from the sale. Captain’s, Officers’ and Crew’s personal belongings including personal paintings and portraits, crew recreational items and the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/, hydraulic oils and greases on board at the time of delivery in storage tanks and broached and unbroached stores, and pay the Sellers’ last net purchase price (less all discounts and excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums as supported by vouchers and/or designated storage tanks not having been used or circulated in the vessel’s machineryinvoices. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares sparse on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to This document is a computer generated SALEFORM 1993 form printed by authority of the Norwegian Shipbrokers’ Association. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original approved document shall apply. BIMCO and the Norwegian Shipbrokers’ Association assume no responsibility for any loss, damage or expense as a result of discrepancies between the original approved document and this computer generated document. replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place- and in the same currency as the Purchase Price. - Reefer container unit spare parts - Power packs for reefer containers with related plugs, cords and extension cables - Manuals for reefer units - Logbooks for deck/engine, but Buyers can take copies of supply. Lubricating oils same - Unitor and/or drew bottles - Master’s officers and crew’s personal effects - Welfare equipment limited to games consoles, DVD’s and games software - Pictures and paintings - Documents directly related to present ownership - Documents which have to be those in sealed drums and/or designated storage tanks not having been used returned to the authorities - All forms etc. which are related to the present ownership - The Vessel’s maintenance system for hull and machinery, however buyers have the right to take copies - Computer software for PC’s which are either developed by or circulated licensed to the Sellers except loadmaster computer which is included in the vessel’s machinerysale - Digital cameras and mobile telephones - Meteorological equipment supplied by NOAA - Vessel specific and Sellers company stamps - PPE/Maersk boiler suits - Video on demand to be returned to Videotel - Fleet broadband internet SIM card The Sellers confirm one spare propeller available for Maersk Malacca (located in Singapore). Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore Shore including all Owners’ supply items as per the Shipbuilding Contractgrabs and fitted or portable machines. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentextra. Unused Broached/unbroached unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Vessel has never had a spare propeller nor a spare tailshaft. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as Owners’/Managers’ directives/rules/publications/computer internal software and the following additional items (including items on hire): The Buyers shall take over and pay extra at the Sellers’ last net purchased prices excluding barging and delivery and as evidenced by invoices or copies thereof for the remaining bunkers and unused lubricating oils/greases on board at and hydraulic oils in storage tanks which has not passed through the time of delivery and pay the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils to be those in Vessel’s system and/or sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machineryand palls. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Ownerssuch spare parts and equipment as necessary to comply with the minimum requirements imposed on the Vessel by the Vessel’s technical manager, the Classification Society, the Buyers’ supply items choice of flag and under the BBC (as per the Shipbuilding Contractdefined in Clause 17 of this Agreement), if any. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery deliveryinspection used or unused, whether on board or not shall become the Buyers’ ' property, but butincluding spares on order are which shall be taken over by the Buyers without extra compensation to the Sellers. The Sellers shall provide the Buyers with an inventory at the time of delivery.are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpaymentif they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. Remaining bunkers, lubricating oil and other consumerable stores (excluding spare parts) on board the Vessel at the time of delivery shall be excluded from the sale and subject to the terms of Clause 9 of the BBC (as defined in Clause 17 of this Agreement). The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): ):______ The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. Provisions and bonds are property of crew and are to be taken over and paid for by the Buyers at a price to be agreed with vessel's Master and/or Chief Xxxxxxx as representative of crew but if Buyers do not wish to take over and pay for such provisions and bonds then it shall be at Master's discretion to remove same or leave on board free of charge to Buyers. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): All items on hire such as but not limited to the Unitor gas bottles and Videotel Library together with officers'/master's/crew's personal effects are excluded. The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ ' net invoiced price (at port of last supply prior to delivery), against supporting invoices (excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery). Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price. If the Vessel will be delivered at a port or place or berth where bunkers and lubricants are not available, the Vessel will be delivered with a sufficient quantity of bunkers and lubricants to sail to the nearest bunkering port.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop stop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery and pay the Sellers’ net price (excluding barging expenses) from the time of supplydelivery. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinerymachinery and pay the Sellers’ net contract price (excluding barging expenses) from time of supply. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers Seller shall deliver the Vessel to the Buyers Buyer with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractonboard. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s)equipment, if anywhether afloat or ashore, belonging to broached and unbroached stores and provisions onboard the Vessel at the time of delivery the inspection, used or unused, whether on board or not shall become the Buyers’ Buyer's property, but spares on order are to except items set forth in the Paragraph below and in Schedule A hereto shall be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are Seller is not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare spares belonging to the Vessel and used as replacement parts on the Vessel prior to delivery, but the replaced items shall be the property of the BuyersBuyer. Buyer further agrees that the self contained breathing apparatus is accepted "as is, where is", and that the Buyer will inspect the equipment to verify that it is in proper operating condition prior to use, and to train their employees in the proper use and maintenance of the equipment. Schedule B is a list of the inventory items ashore, possession of such items shall be delivered to Buyer upon delivery of the Vessel. Buyer and Seller shall meet to agree on a final and complete list of inventory items. The radio installation and navigational equipment shall be included in the sale without extra payment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have Seller has the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ Seller's flag or name, provided they replace Seller replaces same with similar unmarked items. LibraryIn addition, formsSeller has the right to remove all items of property presently onboard the Vessel and listed on Schedule A attached hereto. Captain's, etc.Officers' and Crew's personal belongings, exclusively for use in the Sellers’ vessel(s)including personal computers and slop chest, shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to also be excluded from the sale, as well as . Seller shall provide Buyer with a blank copy of all forms used onboard the following Vessel. Library books specifically related and peculiar to the Vessel shall be included without additional items (including items on hire): cost. The Buyers Buyer shall take over the all remaining bunkers and unused pumpable bunkers, lubricating oils/greases , and diesel fuel, in such quantities as are determined by representatives of Buyer and Seller on board the date of the Closing, and pay for same at the time of delivery and pay the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils Closing in an amount to be those in sealed drums and/or designated storage tanks not having been used or circulated in calculated by using the vessel’s machinerySeller's last paid invoice for same. Payment under this Clause for same shall be made by wire transfer at the same time and place and in the same currency as the Purchase PriceClosing.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection, used or unused, of unused whether on board onboard or not shall become the Buyers’ property, but including for the avoidance of doubt and without limiting the generality of the foregoing spares on order order, if any, as well as all those parts and equipment mentioned in the Shipbuilding Contract[, the Resale Agreement] and the Specifications are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-tail end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment, if they are the property of the Sellers. Unused stores and provisions provisions, if any, shall be included in the sale and be taken over by the Buyers without extra payment. All items listed in section III of the Specifications such as entertainment equipment, hardware, crockery, gymnastic apparatus, consumable stores, etc. to be for Buyers’ account. Spare parts to be in accordance with the requirements of the Classification Society. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers’ vessel(s), ) shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay an amount equal to that payable by the Sellers’ Sellers to the Intermediate Sellers or, as the case may be, the Builder. The current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be included excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused Unused/unbroached stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): To be excluded from the sale: Unitor Oxygen and Acetylene Bottles/equipment both used and unused. Owners’ Lists/publications/videos/software/PC’s etc. Globe wireless equipment/Mini-M’s. The Buyers buyers shall take over the remaining bunkers and unused lubricating oils(IFO/greases on board at the time of delivery MDO) and pay the Sellers: - in case of charter free as per Xxxxx’x prices at port of delivery or nearest port thereto, or - in case of charter attached as per charter party prices Also the buyers shall take over the remaining and unused lubricating oils and greases and pay the Sellers the contract prices, a joint survey between Sellers’ net price (excluding barging expenses) from and Buyers’ representatives to take place to ascertain the time qualities of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in remaining bunkers/lubs on the vessel’s machinerydate of delivery. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ Seller’s flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery and pay the Sellers’ net price • Dosing pump for boiler water treatment (excluding barging expenses1 piece) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.• Unitor HFO compatibility test kit (1 piece) • Extra deck air compressor with panel (1 piece)

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller propellers(s)/propeller blade(s), . if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property Property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included Included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as hired items such as rented video cd’s for security training and Oxigen/Acetylene/Freon 22/Nitrogen bottles/bombles. the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market last price actually paid by the Sellers or the previous Owners of the Vessel (excluding barging expenses) from the time of supply. Lubricating oils as per relevant invoices which to be those in sealed drums and/or designated storage tanks not having been used or circulated in provided for by Sellers prior to delivery. at the vessel’s machineryport and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, on order, if any, and on shore shore, including all Owners’ supply items as per the Shipbuilding Contractnavigational aids, all safety equipments etc. spares and stores broached and unbroached with no extra cost. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they substitute for the replace same an adequate number of with similar unmarked items. Personal and Charter's Book, cassetes and Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be taken ashore before delivery, excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest chest, log books and original Certificates are to be excluded from the sale, as well as the following additional items (including items on hire): gas bottles (oxygen, acetylene, freon) and Videotel Safety Videos. There will be credit for the gas bottles deposit, but none for the Videotel. Buyers have the right to take photo copies of deck and engine log books. The Buyers shall take over the remaining bunkers The bunkers remain the property of the Charterers Alcoa, U.S.A. and Buyers not to pay for same. Buyers, also to pay extra for the remaining and unused lubricating oils/greases on board oils (in storage tanks and sealed in unbroached drums) at the time Sellers' net contract price of delivery last supply as evidenced by vouchers. and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supplydelivery of the Vessel. Lubricating oils This document is a computer generated SALEFORM 1993 form printed by authority of the Norwegian Shipbrokers' Association. Any insertion or deletion to the form must be those in sealed drums and/or designated storage tanks clearly visible. In the event of any modification made to the pre-printed text of this document which is not having been used clearly visible, the text of the original approved document shall apply. BIMCO and the Norwegian Shipbrokers' Association assume no responsibility for any toss, damage or circulated in expense as a result of discrepancies between the vessel’s machineryoriginal approved document and this computer generated document. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel Vessels to the Buyers Buyer with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractvessels onboard. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s)equipment, if anywhether afloat or ashore, belonging to broached and unbroached stores and provisions onboard the Vessel Vessels at the time of delivery the inspection, used or unused, whether on board or not shall become the Buyers’ Buyer's property, but spares on order are to except items set forth in the Paragraph below and in Schedule A hereto shall be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) parts, which are taken out of spare spares belonging to the Vessels and used as replacement parts on the Vessels prior to delivery, but the replaced items shall be the property of the BuyersBuyer. The radio installation Buyer further agrees that the self contained breathing apparatus is accepted "as is, where is", and navigational that the Buyer will inspect the equipment to verify that it is in proper operating condition prior to use, and to train their employees in the proper use and maintenance of the equipment. Schedule B is a current list of inventory items ashore. Sellers shall conduct a final inventory of items ashore and add any additional items from this inventory to Schedule B which the parties agree shall constitute the final Schedule B; possession of all such items on Schedule B shall be included in delivered to Buyer upon delivery of the sale without extra payment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra paymentVessels. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they sellers replace same with similar unmarked items. LibraryIn addition, formsSellers have the right to remove all items of property presently onboard the Vessels and listed on Schedule A attached hereto. Captain's, etc.Officers' and Crew's personal belongings, exclusively for use in the Sellers’ vessel(s)including personal computers and slop chest, shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to also be excluded from the sale, as well as . Sellers shall provide Buyer with a blank copy of all forms used onboard the following Vessels. Library books specifically related and peculiar to these Vessels shall be included without additional items (including items on hire): cost. The Buyers Buyer shall take over the all remaining bunkers and unused pumpable bunkers, lubricating oils/greases , and diesel fuel, in such quantities as are determined by representatives of Buyer and Sellers on board the date of the Closing, and pay for same at the time of delivery and pay Closing in an amount to be calculated by using the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery' last paid invoice for same. Payment under this Clause for same shall be made by wire transfer at the same time and place and in the same currency as the Purchase PriceClosing.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): To Be Advised The Buyers shall take over the remaining bunkers and (if same are property of the Sellers)and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and _____________________ sealed drums and pay the Sellers’ net current not market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machinery. Vessel.See Clause 20 _________________________________ Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-tail- end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): [_____] The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellerscurrent net marketSellers’ net last invoice price (excluding barging expenses) from at the time port and date within 45 days of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board onboard or not shall become the Buyers’ property, but propertybut including for the avoidance of doubt and without limiting the generality of the foregoing spares on order are as well as any computers, printers, software programs (excluding hired programs), etc. required for the operation of the Vessel.are to be excludedExcluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller propellers(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers shall also deliver to the Buyers any scale replica model they have of the Vessel, if in existence, which was presented to them by the Builder. The spare parts and equipment delivered to the Sellers under this Agreement shall be at least as per Classification Society’s minimum requirements. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers’ vessel(s), ) shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): ): 1) UNITOR Oxygen, Acetylene and Freon bottles (empty and full), 2) DANAOS PMS program, 3) ARCS, 4) VIDEOTEL library, 5) SSAS (Ship’s Security Alert System) software including poll position, map view and daily position report (contracted). The Buyers shall take over the remaining The Sellers confirm that any bunkers and unused lubricating oils/greases oils whether in the system of the Vessel or in storage tanks and/or sealed drums which are on board the Vessel at the time of the Buyers taking delivery of the Vessel pursuant to the terms thereof, shall be the property of the Charterer. Consequently no bunkers on the Vessel are included in this sale and, therefore, the Buyers when taking delivery of the Vessel shall not have to make any payment to the Sellers, the Charterer or any other person in relation thereto. Furthermore, the Sellers acknowledge and undertake that they shall remain responsible for any bunkers that the Charterer may have a claim for payment under the relevant Charter and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supplydelivery of the Vessel. Lubricating The Buyers shall take over any unused lubricating oils in storage tanks and/or sealed drums and to pay to the Sellers an amount equal to that paid by the Sellers (as evidenced by appropriate invoices) for such lubricant oils to the extent the same has not already been taken into account in calculations under clause 21 hereof. Off-hire time and bunkers, including any additional port expenses incurred due to the change of ownership until the Vessel’s delivery to the Buyers to be those in sealed drums and/or designated storage tanks not having been used or circulated in for the vessel’s machinerySellers’ account; thereafter, same will be for the Buyers’ account. Payment of lubricant oils, if any, under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils delivery of the Vessel based on the FAMM price list delivered Rotterdam three days prior to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinerydelivery date less a discount of 60%. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. 154 The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, and on 155 shore including all Owners’ supply items as per and on order without any additional charge to the Shipbuilding ContractBuyers. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare 156 propeller(s)/propeller blade(s), if any, belonging to the Vessel at the date time of delivery this Agreement inspection used or 157 unused, whether on board or not shall become the Buyers’ property, but spares on order are to be 158 excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to 159 replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which 160 are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the 161 property of the Buyers. The radio installation and wireless navigational equipment shall be included in the sale 162 without extra paymentpayment if they are the property of the Sellers. Unused Broached/unbroached stores and provisions shall be 163 included in the sale and be taken over by the Buyers without extra payment. Following spare parts are available covering this Vessel and MT “TANGO” (not each vessel) : 4 spare cylinder liners in Houston and 1 spare electric motor for inertgas plant in Leer. 164 The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the 165 Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., 166 exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, 167 Officers’ and Crew’s personal effects/belongings including the slop chest are to be excluded from the sale, 168 as well as the following additional items (including items on hire): - log books according to Clause 8. hereof. - certificates which the Sellers have to return to issuing authorities according to law, but the Buyers to have the right to take photocopies. - I.S.M. manuals / ISPS manuals. - Blue Ocean satphone/email installation, which is property of Blue Ocean Wireless Limited, Xxxx 0, Xxxxxx 0, Xxxxxx Xxx, Xxxxxxxx, Xxxxxxxxx, XX00 0XX, XX. 169 The Buyers shall take over and pay extra only for the remaining bunkers and unused unused/unbroached lubricating oils/greases on board at the time of delivery oils in storage tanks and 170 sealed drums and pay the current net market Sellers’ net price last invoiced prices less all Sellers’ discounts (and excluding barging lighterage expenses) from at the time port and date 171 of supplydelivery of the Vessel. Lubricating oils Prices are to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinerysupported by invoices/vouchers. 172 Payment under this Clause shall be made at the same time and place and in the same currency as 173 the Purchase Price.. 174

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ Seller’s flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): • Dosing pump for boiler water treatment (1 piece) • Unifor HFO compatibility test kit (1 piece) • Extra deck air compressor with panel (1 piece) • H.P. washing machine complete with extension cables (1 piece) • Painting spray machine The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at oils in sealed drums or in storage tanks without having passed through the time of delivery vessel’s system and sealed drums and pay the Sellers’ current net marked last net purchase prices evidenced by the copy of invoices which to be provided by the sellers price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused Broached/ unbroached stores and used/unused provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases _____ Sellers confirmed No leased rented, hire equipment on board at Vessel. Excluded from this sale are personal effects of Master, Officers and Crew including slop chest, log books, holy icons, ISM manuals, original certificates which must be surrendered to authorities and hired or third party's items, which shall be taken ashore by the time Sellers upon or before delivery of delivery and pay the Sellers’ net price (excluding barging expenses) Vessel. Notwithstanding the above the following items to be excluded from the time Sale: a) Oxygen / Acetylene /Freon Gas Bottles b) All Log Books for Deck, Engine and radio with Buyer's right to photocopy available logs onboard at their own expense, but the Sellers shall provide the scanning copy of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Pricesame.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board on shore and on shore including all Owners’ supply items as per the Shipbuilding Contractorder. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s)equipment, if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment including SVDR if any shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Vessel has no spare propeller nor spare tail-end shaft. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): to be specified On delivery The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in tanks and in unbroached drums as onboard, and pay to the Sellers’ net Sellers the price (excluding barging expenses) from the time of supplylubricating oils at Sellers nett contract price as evidenced by supporting vouchers/invoices as available. Lubricating oils The Vessel to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinerydelivered to her new owners with lubes sufficient for 30 running days. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price. IFO/MDO onboard to remain Charterers property.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding ContractShore at no extra cost. All spare parts and spare equipment on board including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding Nothwithstanding the foregoing, forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall not take over the remaining bunkers and unused lubricating oils/greases oils in storage tanks and sealed drums on board at which are property of Borship Tankers (the “Time Charterer”) pursuant to a time of delivery charter dated February 1, 2010 (the “Time Charter”) between Time Charterer and pay the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils Seller, as novated by Seller to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. GMR Concord LLC Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore Shore including all Owners’ supply items as per the Shipbuilding Contractgrabs and fitted or portable machines. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentextra. Unused Broached/unbroached unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Vessel has never had a spare propeller nor a spare tailshaft. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as Owners’/Managers’ directives/rules/publications/computer internal software and the following additional items (including items on hire): The Buyers shall take over and pay extra at the Sellers’ last net purchased prices excluding barging and delivery and as evidenced by invoices or copies thereof for the remaining bunkers and unused lubricating oils/greases on board at and hydraulic oils in storage tanks which has not passed through the time of delivery and pay the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils to be those in Vessel’s system and/or sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. and pails Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, on order including all navalds and wireless equipment and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tailtall-end shaft(s) and spare propeller(s)/propeller propeller(s) propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): log books, holy icons, ISM manuals, original certificates which must be surrendered to authorities and hired or third party’s items, which shall be taken ashore by the Sellers upon or before delivery of the Vessel. The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time part and date of supplydelivery of the Vessel. Lubricating oils Also Buyers to be those pay extra for vessel’s unused luboil that have not passed through the vessel’s system in sealed drums and/or designated storage tanks not having been used or circulated in the vesseland sealed drums/paits/ at Seller’s machinerylast net prices evidenced by invoices. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the to Vessel to the Buyers with everything belonging to her on board board, ashore and on shore including all Owners’ supply items as per the Shipbuilding Contractorder shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation installation, nautical instruments, loading programmes communication (GNDSS) software and their related hardware and navigational equipment shall be included in the sale without extra paymentpayment if they are property of the Sellers. Unused Broached / unbroached stores and provisions shall be included in the sale and be taken over by the Buyers without with an extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or logo or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): - Gas Bottles - All desktops/laptops/software documents of ISM/SMC except for the Trading Certificates. The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to 1o her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller propellers(s)/propeller blade(s), if . If any, . belonging to the Vessel at the time lime of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tailtall-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation Installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included Included in the sale safe and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked itemsItems. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinerypaid by sellers as evidenced by invoices/vouchers. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.. Excluded items: reverting

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment as on board when vessel inspected (buyers representatives can compile inventory list onboard during familiarization) including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ Seller’s flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Oxygen, Acetylene, Freon and Nitrogen Cylinders, Welding Rectifiers and Tank Cleaning Washing Machines as on delivery. The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the current net marked price at the port and date of delivery of the Vessel as evidenced by Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery/Suppliers vouchers. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board onboard or not shall become the Buyers’ property, but propertybut including for the avoidance of doubt and without limiting the generality of the foregoing spares on order as well as any computers, printers, software programs (excluding hired programs), etc. required for the operation of the Vessel,are to be excludedExcluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller propellers(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers shall also deliver to the Buyers any scale replica model they have of the Vessel, if in existence, which was presented to them by the Builder. The spare parts and equipment delivered to the Sellers under this Agreement shall be at least as per Classification Society’s minimum requirements. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers’ vessel(s), ) shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): ): 1) UNITOR Oxygen, Acetylene and Freon bottles (empty and full), 2) DANAOS PMS program, 3) ARCS, 4) VIDEOTEL library, 5) SSAS (Ship’s Security Alert System) software including poll position, map view and daily position report (contracted). The Buyers shall take over the remaining The Sellers confirm that any bunkers and unused lubricating oils/greases oils whether in the system of the Vessel or in storage tanks and/or sealed drums which are on board the Vessel at the time of the Buyers taking delivery of the Vessel pursuant to the terms thereof, shall be the property of the Charterer. Consequently no bunkers on the Vessel are included in this sale and, therefore, the Buyers when taking delivery of the Vessel shall not have to make any payment to the Sellers, the Charterer or any other person in relation thereto. Furthermore, the Sellers acknowledge and undertake that they shall remain responsible for any bunkers that the Charterer may have a claim for payment under the Charter and pay the Sellers’ net current not market price (excluding barging expenses) from at the time port and date of supplydelivery of the Vessel. Lubricating The Buyers shall take over any unused lubricating oils in storage tanks and/or sealed drums and to pay to the Sellers an amount equal to that paid by the Sellers (as evidenced by appropriate invoices) for such lubricant oils to the extent the same has not already been taken into account in calculations under clause 21 hereof. Off-hire time and bunkers, including any additional port expenses incurred due to the change of ownership until the Vessel’s delivery to the Buyers to be those in sealed drums and/or designated storage tanks not having been used or circulated in for the vessel’s machinerySellers’ account; thereafter, same will be for the Buyers’ account. Payment of lubricant oils, if any, under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tailtall-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s, 's Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): NIL On arrival of the vessel at New Orleans per Clause 17 hereunder. The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machineryarrival. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items without any removals (except as per the Shipbuilding Contractspecified below). All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items Items shall be the property of the Buyers. The radio installation and navigational equipment including shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, (including ISM/ISPS documents and manuals and standard company forms), etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Oxygen, Acetylene and Freon gas cylinders are excluded from the sale. Captain’s, Officers’ and Crew’s personal belongings including personal paintings and portraits, crew recreational items and the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/, hydraulic oils and greases on board at the time of delivery in storage tanks and broached and unbroached stores, and pay the Sellers’ last net purchase price (less all discounts and excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums as supported by vouchers and/or designated storage tanks not having been used or circulated in the vessel’s machineryinvoices. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, ashore and on shore including all Owners’ supply items as per the Shipbuilding Contractorder. and on shore. All spare parts and spare equipment (used or unused) including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel from the moment when MOA will be signed at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property. , but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. All The radio installation and navigational equipment shall be included in the sale without extra payment. if they are the property of the Sellers. All broached/unbroached Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), except of technical etc library. shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): oxygen / acetylene / gas bottles which are on hire and “mini-m satellite phone which is leased. At the time of closing and vessel’s delivery, The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at oils (which are defined as those lubricating oils which have not passed through the time of delivery system and which are stored in storage tanks and/or in sealed drums) in storage tanks and sealed unbroached drums and pay the Sellers’ net purchase price current net market price (excluding less any discounts and barging expenses) from with latest supporting vouchers. at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding ContractShore at no extra cost. All spare parts and spare equipment on board including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding Nothwithstanding the foregoing, forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall not take over the remaining bunkers and unused lubricating oils/greases oils in storage tanks and sealed drums on board at which are property of Stena Bulk AB (the “Time Charterer”) pursuant to a time of delivery charter dated January 6, 2006 (the “Time Charter”) between Time Charterer and pay the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils Seller, as novated by Seller to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. GMR Concept LLC Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board/on order and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, broached and unbroached stores, provisions and publications belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): a maxi gun water xxxxxx for the holds and all oxygen, acetylene, freon bottles The Buyers shall take over [the remaining bunkers and unused lubricating oils/greases on board at the time of delivery and pay for them according to the Sellers’ net price (excluding barging expenses) from prevailing plats prices at the time of supply. Lubricating delivery/port of delivery and] unused/unbroached lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated remaining on board in the vessel’s machinery. storage tanks and in unbroached/sealed drums and pay Sellers last net invoice prices duly evidenced by vouchers Payment under this Clause shall be made at the same time and place and place, in the same currency as the Purchase Price.the

Spares/bunkers, etc. 154 The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board board, and on 155 shore including all Owners’ supply items as per and on order without any additional charge to the Shipbuilding ContractBuyers. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare 156 propeller(s)/propeller blade(s), if any, belonging to the Vessel at the date time of delivery this Agreement inspection used or 157 unused, whether on board or not shall become the Buyers’ property, but spares on order are to be 158 excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to 159 replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which 160 are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the 161 property of the Buyers. The radio installation and wireless navigational equipment shall be included in the sale 162 without extra paymentpayment if they are the property of the Sellers. Unused Broached/unbroached stores and provisions shall be 163 included in the sale and be taken over by the Buyers without extra payment. Following spare parts are available covering this Vessel and MT “WALTZ” (not each vessel) : 4 spare cylinder liners in Houston and 1 spare electric motor for inertgas plant in Leer. 164 The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the 165 Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., 166 exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, 167 Officers’ and Crew’s personal effects/belongings including the slop chest are to be excluded from the sale, 168 as well as the following additional items (including items on hire): - log books according to Clause 8. hereof. - certificates which the Sellers have to return to issuing authorities according to law, but the Buyers to have the right to take photocopies. - I.S.M. manuals / ISPS manuals. - Blue Ocean satphone/email installation, which is property of Blue Ocean Wireless Limited, Xxxx 0, Xxxxxx 0, Xxxxxx Xxx, Xxxxxxxx, Xxxxxxxxx, XX00 0XX, XX. 169 The Buyers shall take over and pay extra only for the remaining bunkers and unused unused/unbroached lubricating oils/greases on board at the time of delivery oils in storage tanks and 170 sealed drums and pay the current net market Sellers’ net price last invoiced prices less all Sellers’ discounts (and excluding barging lighterage expenses) from at the time port and date 171 of supplydelivery of the Vessel. Lubricating oils Prices are to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinerysupported by invoices/vouchers. 172 Payment under this Clause shall be made at the same time and place and in the same currency as 173 the Purchase Price.. 174

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on Shore, provided such on shore including all Ownersthings belong to the Vessel alone and not to any common stock the Sellers may keep for both the Vessel and other vessels in the Sellers’ supply items as per the Shipbuilding Contractfleet. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not, provided such on shore things belong to the Vessel alone and not to any common stock the Sellers may keep for both the Vessel and other vessels in the Sellers’ fleet, shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-tail — end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Excluded items as per Schedule A The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the current Sellers’ net last invoice price (excluding for the bunkers and lubricating oils -(including barging expenses) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery). Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contract. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller propeller(s)/ (* Notes, if any, in the surveyor’s report which are accepted by the Classification Society without condition/recommendation are not to taken into account. propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection, used or unused, whether on board onboard or not shall become the Buyers’ property, but including for the avoidance of doubt and without limiting the generality of the foregoing spares on order order, if any, as well as all those parts and equipment mentioned in the Shipbuilding Contract[, the Resale Agreement] and the Specifications are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-tail end shaft(s) and spare propeller(s)/propeller blade(sspace propellers(s)/propeller blades(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment, if they are the property of the Sellers. Unused stores and provisions provisions, if any, shall be included in the sale and be taken over by the Buyers without extra payment. All items listed in section III of the Specifications such as entertainment equipment, hardware, crockery, gymnastic apparatus, consumable stores, etc. to be for Buyers’ account. Spare parts to be in accordance with the requirements of the Classification Society. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers’ vessel(s), ) shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay an amount equal to that payable by the Sellers’ Sellers to the Intermediate Sellers or, as the case may be, the Builder the current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, name provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(sVessel(s), shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Including the slop chest and the additional items (including hired items) as listed in Addendum No. 1 are excluded from this sale. The Buyers shall take over the remaining unused lubricating oils in storage tanks and unbroached sealed drums not in the Vessel’s system and pay the Sellers as per Addendum No 2. last invoice price net of any discounts for such bunkers and unused lubricating oils/greases oils (excluding barging expenses). Copies of invoices to be provided by Sellers to Buyers at least 5 days prior to delivery date (unless purchased later). In case such invoices are not available then Platts prices based on board either Singapore or Rotterdam (whichever of the two, Vessel is closest to at the time of delivery). Exact amount of bunkers / lubricating oils at the time of delivery and pay the Sellers’ net price (excluding barging expenses) from the time of supply. Lubricating oils to be those ascertained by a joint survey on board Vessels by Buyers and Sellers respective representatives at least one day in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.advanced of delivery date

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items such spare parts and equipment as per necessary to comply with the Shipbuilding Contractminimum requirements imposed on the Vessel by the Vessel's technical manager, the Classification Society, the Buyers' choice of flag and under the BBC (as defined in Clause 17 of this Agreement), if any. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection delivery used or unused, whether on board or not shall become the Buyers’ ' property, but including spares on order which shall be taken over by the Buyers without extra compensation to the Sellers. The Sellers shall provide the Buyer's with an inventory at the time of delivery. are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-tail - end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. Remaining bunkers, lubricating oil and other consumerable stores (excluding spare parts) on board the Vessel at the time of delivery shall be excluded from the sale and subject to terms of Clause 9 of the BBC (as defined in Clause 17 of this Agreement). The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): ):_______ The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils delivery of the Vessel based on the FAMM price list delivered Rotterdam three days prior to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. delivery date less a discount of 60% Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contract. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection, used or unused, whether on board onboard or not shall become the Buyers’ property, but including for the avoidance of doubt and without limiting the generality of the foregoing spares on order order, if any, as well as all those parts and equipment mentioned in the Shipbuilding Contract[, the Resale Agreement] and the Specifications are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-tail end shaft(s) and spare propeller(s)/propeller propellers(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused stores and provisions provisions, if any, shall be included in the sale and be taken over by the Buyers without extra payment.. All items listed in section III of the Specifications such as entertainment equipment, hardware, crockery, gymnastic apparatus, consumable stores, etc. to be for Buyers’ account. Spare parts to be in accordance with the requirements the Classification Society. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers’ vessel(s), ) shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay an amount equal to that payable by the Sellers’ Sellers to the Intermediate Sellers or, as the case may be, the Builder. The current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contract. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection, used or unused, whether on board onboard or not shall become the Buyers’ property, but including for the avoidance of doubt and without limiting the generality of the foregoing spares on order order, if any, as well as all those parts and equipment mentioned in the Shipbuilding Contract[, the Resale Agreement]and the Specifications are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller propellers(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment, if they are the property of the Sellers. Unused stores and provisions provisions, if any, shall be included in the sale and be taken over by the Buyers without extra payment. All items listed in section III of the Specifications such as entertainment equipment, hardware, crockery, gymnastic apparatus, consumable stores, etc. to be for Buyers’ account. Spare parts to be in accordance with the requirements of the Classification Society. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., . exclusively for use us in the Sellers’ vessel(s), ) shall be excluded without compensation. Captain’s, ’s Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, sale as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board at the time of delivery oils in storage tanks and sealed drums and pay an amount equal to that payable by the Sellers’ Sellers to the Intermediate Sellers or, as the case may be, the Builder. the current net market price (excluding barging expenses) from at the time port and date of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in delivery of the vessel’s machineryVessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore including all Owners’ supply items as per the Shipbuilding Contractshore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(spropeller(s), if any, belonging to the Vessel at the time of delivery signing of the Agreement used or unused, whether on board or not shall become the Buyers’ property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment. payment Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ vessel(s), shall be excluded without compensation. Captain’s, Officers’ and Crew’s personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): The Buyers shall take over the remaining bunkers and unused lubricating oils/greases on board oils in storage tanks and sealed drums and pay at the time of delivery and pay the Sellers’ net last invoiced price (excluding barging expenses) from the time of supply. Lubricating oils to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinerysupported by vouchers. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

Spares/bunkers, etc. The Sellers shall deliver the Vessel to the Buyers with everything belonging to her at the time of inspection on board and on shore shore. order, used or unused, including all Owners’ supply spare parts and spare equipment, stores, radio installations and navigational equipment. Unused stores and provisions to be taken over by Buyers without extra cost. The Vessel does not have a spare anchor, or spare tail-end shaft, or a spare propeller. Excluded from this sale are personal effects of Master, Officers and Crew including slop chest, log books, holy icons, ISM manuals, original certificates which must be surrendered to authorities and hired or third party's items,which shall be taken ashore by the Sellers upon or before delivery of the Vessel. Notwithstanding the above, the following items as per to be excluded from the Shipbuilding Contractsale: a) Oxygen / Acetylene / Freon Gas Bottles b) All Log Books for Deck, Engine and radio with Buyers' right to photocopy available logs onboard at their own expense, but the Xxxxxxx shall provide the scanning copy of same c) All SPS, ISM and quality documentation and correspondance d) Training video library, books e) Crew/Officers library / walport videos f) AIl Master's Slopchest / Bonded stores, all Master's and crew's personal belongings g) Personal lap-top computers of crew h) Personal cell phones of crew i) Contents of Master's safe j) Works of Art; Originals, copies, prints, statues k) Certificates / documents to be returned to authorities (Need to have Vessels original certificate of Registry to be returned back to the authorities) l) All leased rented, hired equipment .(Sellers confirmed no leased rented, hired equipment on board) Price to include everything belonging to the Vessel on board, including all navaids and wireless equipment. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of delivery inspection used or unused, whether on board or not shall become the Buyers’ ' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers’ ' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra paymentpayment if they are the property of the Sellers. Unused Broached/ unbroached stores and used/unused provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers’ ' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers’ ' vessel(s), shall be excluded without compensation. Captain’s's, Officers’ ' and Crew’s 's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): _____ The Buyers shall take over the for remaining bunkers and unused lubricating oils/greases on board at the time of delivery and pay extra as per Singapore Platts prices 1 (one) day prior to Vessel's delivery. Also Buyers to pay extra for Vessel's all types of and unused lubricating oils and greases that have not passed through Vessel's systems in designated storage tanks and sealed drums/pails at Sellers' last net prices evidenced by invoices/vouchers. and pay the Sellers’ current net market price (excluding barging expenses) from at the time port and date of supplydelivery of the Vessel. Lubricating The quantities of the bunkers and the unused lubricating oils and greases remainig on board on delivery shall be agreed with a joint survey between the Buyers and the Sellers and their representatives not later than 2 (two) days prior to be those in sealed drums and/or designated storage tanks not having been used or circulated in the vessel’s machinery. delivery with an agreed allowance for Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.