FIXTURE NOTE

THIS F/N IS MUTUALLY AGREED AND UNDERSTOOD BY BETWEEN THE PARTIES UNDERSIGNED WITH THE FOLLOWING TERMS AT 1ST MAR 2011:

THE CHARTER：

THE OWNER:

VESSEL INFO

ALL DTLS ABT

1. CGO:

2. LOADPORT:

3. DISCH PORT:

4. LOAD/DISCH RATE: CQD BENDS

5. LA YCAN:

6. LA YTIME: NOR TO BE TENDER UPON VSLS ARRIVAL AT L/D PORT, LAYTIME TO COMMENCE W/I 12RUNNING HOURS AFTER TENDERING OF NOTICE OF READINESS

UNLESS LOADING/DISCHARGING IS SOONER COMMENCED. IN WHICH CASE ACTUAL

TIME USED SHALL BE COUNTED AS LAYTIME.

7. PARTIAL SHIPMENT: NOT ALLOWED

8. FREIGHT: USD00.00PMT ON FIOST L/S/D BSS 1/1

9. DEM/DES:

USD PD OR PRO RATA.DETENTION APPLIES IF CARGO AND/OR

DOCUMENTS AND/OR ALL OTHER CARGO FORMALITIES ARE NOT READY UPON VESSEL’S ARRIVAL BENDS. DETENTION IS FURTHER APPLICABLE IF DURING THE LOADING OPERATION, VESSEL HAS TO WAIT FOR CARGO AND WAIT FOR TRUCK/BARGE DURING DISCHARGE OPERATION. DETENTION AT LOADING PORT, IF ANY, TO BE SETTLED TOGETHER WITH THE FRT AGAINST S/R BS/L AGAINST FAX COPY OF SUPPORTING DOCS.DETENTION AT DISCHARGING PORT,IF ANY,TO BE SETTLE WITHIN 5 DAYS AFTER COMPLETION OF DISCHARGING AGAINST FAX COPY OF SUPPORTING DOCS. IN CASE CGO DOCUS NOT BE OF

READINESS WHEN VSL ARRIVAL AT BENDS, DES /DEM IF ANY TO BE SETTLED WITHIN 10 DAYS AFTER COMPLETION OF DISCHARGING.

10. PA YMENT:

FULL FREIGHT TO BE PAYABLE INTO OWNERS’ NOMINATED BANK ACCOUNT WITHIN 3 BANKING DAYS AFTER COMPLETION OF LOADING.BS/L MARKED “FREIGHT PREPAID” TO

BE RELEASED UPON RECEIPT OF FREIGHT/DEADFREIGHT/DETENTION IRREVOCABLY TRANSFERRED INTO OWNERS’ NOMINATED BANK ACCOUNT.FREIGHT IS DEEMED TO BE EARNED ON COMPLETION OF LOADING AND SHALL BE DISCOUNTLESS AND

NON-RETURNABLE WHETHER SHIP AND/OR CARGO LOST OR NOT.

11. L/S/D IF ANY TBF SHIPPERS/CHTRS ACCT BUT ALWAYS UPTO MASTERS SATISFACTION.

12. SHORE CRANE IF ANY TBF CHTR'S ACCT AT LOADING/DISCHARGING PORT.

13. TALLY: DOCKSIDE/SHIPSIDE TBF CHTRS/OWRS ACCT RESPECTIVELY

14. OTHER TERMS:

(1)OWNER HAS RIGHT TO REFUSE PARTS OF CARGO THOSE BAGS ARE TORN OR DAMAGED.

(2)OWNS AGENT BENDS.

(3)N.O.R. TO BE TENDERED UPON VSLS ARRIVAL AT BOTH ENDS, WHETHER IN BERTH OR NOT, WHETHER IN PORT OR NOT, WHETHER FREE PRATIQUE OR NOT, WHETHER CUSTOM CLEARANCE OR NOT.

(4)CONGEN BS/L TO BE USED,CARGO QTY ON BS/L TO BE DETERMINED BY SHIPPERS.

(5)OVERAGE PREMIUM FOR OWNERS ACCT.

(6)OWNS / MASTER WILL GIVE ETA NOTICE5/3/2/1 AND 6 HRS BOTH ENDS.

(7) AS CARGO ON FREE IN/OUT STOWED BASIS, OWNS TO HOLD CHTRS/SHIPPERS/

RCVRS/STEVEDORES RESPONSIBLE FOR STEVEDORES DAMAGE TO SHIP.

(8) CHTRS WILL TAKE SPECIAL CARE TO ENSURE NO DAMAGE OCCURS DURING OPERATION.

(9)CHTRS OR RCVRS SHALL PAY USD 10,000 TO OWNERS IN CASE THAT THEY CHANGE DISCHARGE PORT OTHER THAN NAMPO STIPULATED IN C/P

(10) IF THE ORIGINAL BS/L IS NOT AVAILABLE AT DISPORT THE OWNS SHOULD DISCHARG THE CGO AGAINST CHTRS SINGLE LOI ACCORDING TO ONWER P&I WORDING AND COPY BS/L.DELY THE CARGO BSS ORIG BS/L ONLY.

(11)AFTER COMPLETING LOADING, SHIPPER SHALL SEAL CARGO HOLDS UNDER PRESENCE