Common use of Technical Services Clause in Contracts

Technical Services. 6.1 The Manager shall provide for all technical management services necessary for the operation of each Vessel, which include, but are not limited to, the following functions: (a) providing competent personnel to supervise the maintenance and general efficiency of each Vessel; (b) arranging and supervising dry-dockings, repairs, alterations and upkeep of the Vessels to the standards required by the Group to ensure that each Vessel will comply with all requirements and recommendations of the classification society and with the laws and regulations of the country of registry of each Vessel and of the places where each Vessel trades; (c) arranging and purchasing the supply of necessary provisions, stores, spares, lubricating oil supplies and equipment for each Vessel; (d) appointing and paying surveyors and technical consultants and other support for each Vessel as the Manager may consider from time to time to be necessary and arranging surveys associated with the commercial operation of each Vessel; (e) developing, implementing and maintaining a Safety Management System (SMS) in accordance with the ISM Code and system security in accordance with ISPS Code for both the Manager and each of the Vessels under management; (f) arranging for the payment of all ordinary charges incurred in connection with the management of each Vessel, including, but not limited to, all canal tolls, port charges, any amounts due to any governmental authority with respect to the crew and all duties and taxes in respect of cargo or freight (whether levied against the Vessel, the Owner or the Group) and arranging for, and arranging payment for, any and all material licenses, permits, franchises, registrations and similar authorizations of any governmental authority which are necessary and used in the operation of the Vessels; (g) procuring and arranging for port entrance and clearance, pilots, Vessel agents, consular approvals and other services necessary or desirable for the management and safe operation of each Vessel; (h) performing all usual and customary duties concerned with the loading and discharging of cargoes at all ports including providing technical and shore-side support for the Vessels, handling of each Vessel while in ports or transiting canals and arranging for the prompt dispatch of each Vessel from loading and discharge ports in accordance with any instructions and for transit through canals; (i) reporting to the Owner of each Vessel’s movement, position at sea, arrival and departure dates, major casualties and damages received or caused by each Vessel; (j) informing the Group promptly of any major release or discharge of oil or other hazardous material not in compliance with any laws; (k) maintaining each Vessel in such condition as to be acceptable to major charterers’ vetting standards, if required; (l) providing the Owner with a copy of any Vessel inspection reports, valuations, surveys, and other similar reports prepared by ship brokers, valuators, surveyors, and classification societies; and (m) arranging for employment of counsel and the investigation, follow-up and negotiating of the settlement of all claims arising in connection with the operation of each Vessel.

Technical Services. 6.1 The Manager shall provide for all technical management services necessary for the operation of each Vessel, which include, but are not limited to, the following functions: (a) providing competent personnel to supervise the maintenance and general efficiency of each Vessel; (b) arranging and supervising dry-dockings, repairs, alterations and upkeep of the Vessels to the standards required by the Group to ensure that each Vessel will comply with all requirements and recommendations of the classification society and with the laws and regulations of the country of registry of each Vessel and of the places where each Vessel trades; (c) arranging and purchasing the supply of necessary provisions, stores, spares, lubricating oil supplies and equipment for each Vessel; (d) appointing and paying surveyors and technical consultants and other support for each Vessel as the Manager may consider from time to time to be necessary and arranging surveys associated with the commercial operation of each Vessel; (e) developing, implementing and maintaining a Safety Management System (SMS) in accordance with the ISM Code and system security in accordance with ISPS Code for both the Manager and each of the Vessels under management; (f) providing, at the request of the Owner, all documentation and records related to the Safety Management System (SMS) and/or the Crew, which the Owner needs in order to demonstrate compliance with the ISM Code and STCW 95 or to defend a claim against a third party; (g) arranging for the payment of all ordinary charges incurred in connection with the management of each Vessel, including, but not limited to, all canal tolls, port charges, any amounts due to any governmental authority with respect to the crew and all duties and taxes in respect of cargo or freight (whether levied against the Vessel, the Owner or the Group) and arranging for, and arranging payment for, any and all material licenses, permits, franchises, registrations and similar authorizations of any governmental authority which are necessary and used in the operation of the Vessels; (gh) procuring and arranging for port entrance and clearance, pilots, Vessel agents, consular approvals and other services necessary or desirable for the management and safe operation of each Vessel; (hi) performing all usual and customary duties concerned with the loading and discharging of cargoes at all ports including providing technical and shore-shore- side support for the Vessels, handling of each Vessel while in ports or transiting canals and arranging for the prompt dispatch of each Vessel from loading and discharge ports in accordance with any instructions and for transit through canals; (ij) reporting to the Owner of each Vessel’s movement, position at sea, arrival and departure dates, major casualties and damages received or caused by each Vessel; (jk) informing the Group promptly of any major release or discharge of oil or other hazardous material not in compliance with any laws; (kl) maintaining each Vessel in such condition as to be acceptable to major charterers’ vetting standards, if required; (lm) providing the Owner with a copy of any Vessel inspection reports, valuations, surveys, and other similar reports prepared by ship brokers, valuators, surveyors, and classification societies; and (mn) arranging for employment of counsel and the investigation, follow-up and negotiating of the settlement of all claims arising in connection with the operation of each Vessel.

Technical Services. 6.1 The Manager shall provide for all technical management services necessary for the operation of each Vessel, which include, but are not limited to, the following functions: (a) providing competent personnel to supervise the maintenance and general efficiency of each Vessel; (b) arranging and supervising dry-dockings, repairs, alterations and upkeep of the Vessels to the standards required by the Group to ensure that each Vessel will comply with all requirements and recommendations of the classification society and with the laws and regulations of the country of registry of each Vessel and of the places where each Vessel trades; (c) arranging and purchasing the supply of necessary provisions, stores, spares, lubricating oil supplies and equipment for each Vessel; (d) appointing and paying surveyors and technical consultants and other support for each Vessel as the Manager may consider from time to time to be necessary and arranging surveys associated with the commercial operation of each Vessel; (e) developing, implementing and maintaining a Safety Management System (SMS) in accordance with the ISM Code and system security in accordance with ISPS Code for both the Manager and each of the Vessels under management; (f) providing, at the request of the Owner, all documentation and records related to the Safety Management System (SMS) and/or the Crew, which the Owner needs in order to demonstrate compliance with the ISM Code and STCW 95 or to defend a claim against a third party; (g) arranging for the payment of all ordinary charges incurred in connection with the management of each Vessel, including, but not limited to, all canal tolls, port charges, any amounts due to any governmental authority with respect to the crew and all duties and taxes in respect of cargo or freight (whether levied against the Vessel, the Owner or the Group) and arranging for, and arranging payment for, any and all material licenses, permits, franchises, registrations and similar authorizations of any governmental authority which are necessary and used in the operation of the Vessels; (gh) procuring and arranging for port entrance and clearance, pilots, Vessel agents, consular approvals and other services necessary or desirable for the management and safe operation of each Vessel; (hi) performing all usual and customary duties concerned with the loading and discharging of cargoes at all ports including providing technical and shore-side support for the Vessels, handling of each Vessel while in ports or transiting canals and arranging for the prompt dispatch of each Vessel from loading and discharge ports in accordance with any instructions and for transit through canals; (ij) reporting to the Owner of each Vessel’s movement, position at sea, arrival and departure dates, major casualties and damages received or caused by each Vessel; (jk) informing the Group promptly of any major release or discharge of oil or other hazardous material not in compliance with any laws; (kl) maintaining each Vessel in such condition as to be acceptable to major charterers’ vetting standards, if required; (lm) providing the Owner with a copy of any Vessel inspection reports, valuations, surveys, and other similar reports prepared by ship brokers, valuators, surveyors, and classification societies; and (mn) arranging for employment of counsel and the investigation, follow-up and negotiating of the settlement of all claims arising in connection with the operation of each Vessel.

Technical Services. 6.1 The Subject to Section 6.2, in exchange for the Technical Services Fee, the Manager shall provide for to the Company the Technical Services in this Section 3 at the Manager’s own cost. 3.1 Technical Vessel Management Services Commencing with the acquisition of each Vessel by any Company Group Member, the Manager shall provide all usual and customary technical vessel management services necessary for with respect to the operation of each that Vessel, which include, including but are not limited to, the following functions: (a) providing competent personnel to supervise supervising the maintenance day-to-day operation, maintenance, safety and general efficiency of each the Vessel to ensure the seaworthiness and maintenance condition of the Vessel; (b) arranging for, supervising and supervising dry-dockings, paying for general and routine repairs, alterations and upkeep maintenance of the Vessels Vessel, and the Manager shall provide the Company with a description of such repairs, alterations and maintenance normally included in the operating expense budget for each Vessel, which list will be subject to the standards required by the Group to ensure that each Vessel will comply with all requirements acknowledgment and recommendations consent of the classification society and with the laws and regulations of the country of registry of each Vessel and of the places where each Vessel tradesCompany; (c) arranging and purchasing the supply of necessary provisions, stores, spares, lubricating oil oil, supplies and equipment (other than such equipment as is covered by Section 6.2(c)), and the Manager shall provide the Company with a description of such stores, spares, lubricating oil, supplies and equipment normally included in the operating expense budget for each Vessel, which list will be subject to the acknowledgment and consent of the Company; (d) appointing and paying surveyors and such surveyors, supervisors, technical consultants and other support for each the Vessel on behalf of the Company as the Manager may consider from time to time to be necessary; (e) providing technical and shore-side support for the Vessel and attending to all other technical matters necessary for the operation of the Vessel; (f) handling of each Vessel while in ports or transiting canals either directly or by use of vessel agents, unless otherwise handled by the Charterer; (g) procuring and arranging surveys associated for port entrance and clearance, pilots, vessel agents, consular approvals, and other services necessary or desirable for the management and safe operation of each Vessel, unless otherwise procured or arranged by the Charterer; (h) preparing, issuing or causing to be issued to shippers the customary freight contract, cargo receipts and/or bills of lading unless normally prepared, issued or arranged for by the Charterer; (i) performing all usual and customary duties concerned with the commercial loading and discharging of cargoes at all ports unless normally performed by the Charterer; (j) arranging for the prompt dispatch of each Vessel from loading and discharging ports in accordance with the Charterer’s instructions and for transit through canals; (k) arranging for employment of counsel and the investigation, follow-up and negotiating of the settlement of all claims arising in connection with the operation of each Vessel; (el) developing, implementing and maintaining a Safety Management System (SMS) in accordance with the ISM Code and system security in accordance with ISPS Code for both the Manager and each of the Vessels under management; (f) arranging for the payment of paying all ordinary charges incurred in connection with the management of each Vessel, including, but not limited to, all canal tolls, port charges, any amounts due to any governmental authority Governmental Authority with respect to the crew Crew and all duties and taxes in respect of cargo or freight (whether levied against the VesselVessel or the Company) unless otherwise paid by the Charterer; (m) in such form and on such terms as may be requested by the Company, the Owner or the Group) and arranging for, and arranging payment for, any and all material licenses, permits, franchises, registrations and similar authorizations of any governmental authority which are necessary and used in the operation of the Vessels; (g) procuring and arranging for port entrance and clearance, pilots, Vessel agents, consular approvals and other services necessary or desirable for the management and safe operation of each Vessel; (h) performing all usual and customary duties concerned with the loading and discharging of cargoes at all ports including providing technical and shore-side support for the Vessels, handling of each Vessel while in ports or transiting canals and arranging for the prompt dispatch of each Vessel from loading and discharge ports in accordance with any instructions and for transit through canals; (i) reporting to the Owner Company of each Vessel’s movement, position at sea, arrival and departure dates, major casualties and damages received or caused by each Vessel; (j) informing the Group promptly of any major release or discharge of oil or other hazardous material not in compliance with any laws; (k) maintaining each Vessel in such condition as to be acceptable to major charterers’ vetting standards, if required; (l) providing the Owner with a copy of any Vessel inspection reports, valuations, surveys, and other similar reports prepared by ship brokers, valuators, surveyors, and classification societies; and (m) arranging for employment of counsel and the investigation, follow-up and negotiating of the settlement of all claims arising in connection with the operation of each Vessel.