SCHEDULE OF AGREEMENTS
Exhibit 10.4
SCHEDULE OF AGREEMENTS
SUBSTANTIALLY IDENTICAL IN ALL MATERIAL RESPECTS TO THE AGREEMENT FILED AS EXHIBIT 10.3 TO THIS FORM 6-K, PURSUANT TO INSTRUCTION 2 TO ITEM 601 OF REGULATION S-K
Subsidiaries of Teekay Tankers Ltd. have entered into certain Memoranda of Agreement, each dated August 4, 2015, with subsidiaries of Principal Maritime Tankers. These agreements are substantially identical in all material respects to the agreement filed as Exhibit 10.3 to this Form 6-K, except for differences relating to the names of the buyers and sellers, the vessel details (including but not limited to the ship name, Classification Society, Class notation, flag, tonnage, shipyard and year of build), the purchase price, the inspection date and location, and the existence of continuing charters.
| Vessel Details | Year of Build and Shipyard |
Purchase Price and Deposit Amount |
Inspection Date/ Location |
Continuing Charters | ||||
| PRINCIMAR FAITH
Classification Society: Det Norske Veritas
Class Notation: +1A1 Tanker for oil ESP E0, LCS-SI, VCS-2 NAUTICUS (Newbuilding)
Flag: Xxxxxxxx Islands
GT/NT: 83,616 / 48,649 |
2005
Daewoo Shipbuilding & Marine Engineering Company Limited, South Korea |
$ 39,789,661 (USD) comprised of (i) $36,784,400 (USD) in cash consideration and (ii) 431,561 of newly issued shares of Teekay Tankers Ltd. Class A Common Stock.
Deposit of: $3,978,966 (USD)
|
Le Havre/ August 1, 2015 | N/A | ||||
| PRINCIMAR GRACE
Classification Society: Lloyd’s Register
Class Notation: +100A1 Double Hull Oil Tanker CSR, ESP, SHIPRIGHT (CM, ACS(B)), *IWS, LI, DSPM4, EP (B, VC)
Flag: Xxxxxxxx Islands
GT/NT: 81,509 / 51,283 |
2011
Samsung Heavy Industries, Geoje, Korea |
$ 61,135,432 (USD) comprised of: (i) $56,517,953 (USD) in cash consideration and (ii) 663,078 of newly issued shares of Teekay Tankers Ltd. Class A Common Stock.
Deposit of: $6,113,543 (USD)
|
Ulsan/ July 29, 2015 |
N/A | ||||
| PRINCIMAR HOPE
Classification Society: Lloyd’s Register
Class Notation: +100A1 Double Hull Oil TankerCSR, ESP, SHIPRIGHT (CM, ACS(B)), *IWS, LI, DSPM4, EP(B, VC)
Flag: Xxxxxxxx Islands
GT/NT: 81,509 / 51,283 |
2011
Samsung Heavy Industries, Geoje, Korea |
$ 61,114,969 (USD) comprised of (i) $56,499,034 (USD) in cash consideration and (ii) 662,856 of newly issued shares of Teekay Tankers Ltd. Class A Common Stock.
Deposit of $6,111,497 (USD)
|
Melbourne/ June 30, 2015 | N/A |
| Vessel Details | Year of Build and Shipyard |
Purchase Price and Deposit Amount |
Inspection Date/ Location |
Continuing Charters | ||||
| PRINCIMAR INTEGRITY
Classification Society: Lloyd’s Register
Class Notation: 100A1 Double Hull Oil Tanker, CSR, ESP, *IWS, LI, DSPM4, SHIPRIGHT (ACS(B)), EP (BAR ABOVE) (B, VC)
Flag: Xxxxxxxx Islands
GT/NT: 81,326/ 51,259 |
2012
Samsung Heavy Industries, Geoje, South Korea |
$65,013,312 (USD) comprised of (i) $60,102,941 (USD) in cash consideration and (ii) 705,137 of newly issued shares of Teekay Tankers Ltd. Class A Common Stock.
Deposit of $6,501,331 (USD)
|
Singapore/ July 3, 2015 | N/A | ||||
| PRINCIMAR JOY
Classification Society: Det Norske Veritas
Class Notation: 1A1 Tanker for oil BIS CSR E0 ESP SPM TMON VCS (2,B)
Flag: Xxxxxxxx Islands
GT/NT: 83,850 / 49,031 |
2010
Jiangsu Rongsheng Heavy Industries Group Company Limited, Nantong, China |
$55,978,569 (USD) comprised of (i) $51,750,580 (USD) in cash consideration and (ii) 607,146 of newly issued shares of Teekay Tankers Ltd. Class A Common Stock.
Deposit of $5,597,857 (USD)
|
Xxxxxx/ July 7, 2015 | N/A | ||||
| PRINCIMAR LOYALTY
Classification Society: Lloyd’s Register
Class Notation: +100A1 Double Hull Oil Tanker , ESP, SHIPRIGHT (SDA, FDA+, CM), *IWS, LI, SPM
Flag: Liberia
GT/NT: 78,845/ 47,076 |
2006
Universal Shipbuilding Corporation (now known as Japan Marine United Corporation), TSU Shipyard, Japan |
$39,955,458 (USD) comprised of (i) $36,937,674 (USD) in cash consideration and (ii) 433,359 of newly issued shares of Teekay Tankers Ltd. Class A Common Stock.
Deposit of $3,995,546 (USD)
|
Singapore, July 29, 2015 | Vessel being transferred with a continuing charter with Shell Western Supply and Trading, LTD |
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| Vessel Details | Year of Build and Shipyard |
Purchase Price and Deposit Amount |
Inspection Date/ Location |
Continuing Charters | ||||
| PRINCIMAR PRIDE
Classification Society: Lloyd’s Register
Class Notation: 100A1 Double Hull Oil Tanker , CSR, ESP, *IWS, LI, DSPM4, SHIPRIGHT (ACS(B)), EP (BAR ABOVE) (B, VC)
Flag: Xxxxxxxx Islands
GT/NT: 81,326/ 51,259 |
2012
Samsung Heavy Industries, Geoje, South Korea |
$64,327,776 (USD) comprised of (i) $59,469,183 (USD) in cash consideration and (ii) 697,702 of newly issued shares of Teekay Tankers Ltd. Class A Common Stock.
Deposit of: $6,432,778 (USD)
|
The Sellers shall make the Vessel available for inspection at/in Fujairah within August 10-15, 2015 | Xxxxxx being transferred with a continuing charter with Xxxxx Xxxxx AB | ||||
| PRINCIMAR PROMISE
Classification Society: Lloyd’s Register
Class Notation: 100A1 Double Hull Oil Tanker , CSR, ESP, *IWS, LI, DSPM4, SHIPRIGHT (ACS(B)), EP (BAR ABOVE) (B, VC)
Flag: Xxxxxxxx Islands
GT/NT: 81,326/ 51,283 |
2011
Samsung Heavy Industries, Geoje, South Korea |
$61,166,128 (USD) comprised of (i) $56,546,330 (USD) in cash consideration and (ii) 663,411 of newly issued shares of Teekay Tankers Ltd. Class A Common Stock.
Deposit of $6,116,613 (USD)
|
Long Beach/ July 5, 2015 |
N/A | ||||
| PRINCIMAR STRENGTH
Classification Society: Det Norske Veritas
Class Notation: 1A1 Tanker for oil BIS CSR E0 ESP SPM TMON VCS (2,B)
Flag: Xxxxxxxx Islands
GT/NT: 83,850/ 49,031 |
2010
Jiangsu Rongsheng Heavy Industries Group Company Limited, Nantong, China |
$55,978,569 (USD) comprised of (i) $51,750,580 (USD) in cash consideration and (ii) 607,146 of newly issued shares of Teekay Tankers Ltd. Class A Common Stock.
Deposit of $5,597,857 (USD)
|
Bilbao/ June 21, 2015 |
N/A | ||||
| PRINCIMAR TRUTH
Classification Society: Det Norske Veritas
Class Notation: 1A1 Tanker for oil E0 ESP HMON(I) NAUTICUS (Newbuilding) TMON VCS(2)
Flag: Xxxxxxxx Islands
GT/NT: 81,339/ 52,080 |
2007
Hyundai Sambo Heavy Industries Company Limited, Samho, Korea |
$49,471,099 (USD) comprised of (i) $45,734,611 (USD) in cash consideration and (ii) 536,566 of newly issued shares of Teekay Tankers Ltd. Class A Common Stock.
Deposit of $4,947,110 (USD)
|
Algeciras/ June 25, 2015 |
N/A |
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| Vessel Details | Year of Build and Shipyard |
Purchase Price and Deposit Amount |
Inspection Date/ Location |
Continuing Charters | ||||
| PRINCIMAR CONFIDENCE
Classification Society: Lloyd’s Register
Class Notation: +100A1 Double Hull Oil Tanker, ESP, SHIPRIGHT (SDA, FDA+, CM), *IWS, LI,
Flag: Liberia
GT/NT: 78,845 / 46,993 |
2006
Universal Shipbuilding Corporation (now known as Japan Marine United Corporation), TSU Shipyard, Japan |
$41,009,341 (USD) comprised of (i) $37,911,959 (USD) in cash consideration and (ii) 444,789 of newly issued shares of Teekay Tankers Ltd. Class A Common Stock.
Deposit of $4,100,934 (USD)
|
Liverpool/ June 19, 2015 | Vessel being transferred with a continuing charter with Shell Western Supply and Trading, LTD. |
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