THIS AMENDMENT is made this 23rd day of May 2018 BETWEEN:
Exhibit 4.11
THIS AMENDMENT is made this 23rd
day of May 2018 BETWEEN:
| (1) |
CHAMPION OCEAN NAVIGATION CO., having its registered
office at the Trust Company Complex, Ajeltake Road, Ajeltake Island, MH96960 Majuro, Xxxxxxxx Islands (the “Owners”); and
|
| (2) |
V.SHIPS LIMITED, of Xxxx Xxxxxxx 00-00, Xxxx Xxxxxx,
0000 Xxxxxxxx, Xxxxxx (the “Managers”).
|
WHEREAS:
| (A) |
The Owners and the Managers have entered into a Ship Technical Management Agreement with respect to the motor vessel CHAMPIONSHIP (IMO no. 9403516) dated
September 1, 2015 (the “Management Agreement”);
|
| (B) |
The Owners have proceeded with the change of their country of incorporation from the Republic of Liberia to the Republic of Malta and are provisionally
registered under the name “CHAMPION OCEAN NAVIGATION CO. LIMITED” as continuing in Malta as a limited liability company as from the 23rd day of May, 2018; and
|
| (C) |
The Owners will cease to be registered in the Republic of Liberia and be permanently registered as continuing in Malta as a limited liability company (the “Re-domiciliation”).
|
IT IS NOW THEREFORE MUTUALLY UNDERSTOOD AND AGREED BETWEEN THE PARTIES HEREOF AS FOLLOWS:
With effect from the date of the Re-domiciliation of the Owners, all references in the Management Agreement to “CHAMPION
OCEAN NAVIGATION CO.”, “00 Xxxxx Xxxxxx, Xxxx xx Xxxxxxxx, Xxxxxxxx of Liberia” and “Liberia” shall mean “CHAMPION OCEAN NAVIGATION CO. LIMITED”, “000/0, Xx. Xxxxx Xxxxxx, Xxxxxxxx, XXX 0000, Xxxxx” and “Malta” respectively.
Except as provided hereinabove, the terms and conditions of the Management Agreement shall remain unchanged and in full
force and effect.
1
IN WITNESS WHEREOF the parties hereto have caused this Addendum to be executed by their duly authorised representatives on the date written above.
|
EXECUTED
|
)
|
|
|
By Xxxxxxxxx Xxxxxxxxx
|
)
|
/s/ Xxxxxxxxx Xxxxxxxxx
|
|
for and on behalf of
|
)
|
………………….
|
|
CHAMPION OCEAN NAVIGATION CO.
|
)
|
|
|
EXECUTED
|
)
|
|
|
ByPhilippos Charalambides
|
)
|
/s/ Philippos Charalambides
|
|
for and on behalf of
|
)
|
………………….
|
|
V.SHIPS LIMITED
|
)
|
2
