Singapore Pte Ltd

RCB NO. 200311165H

SALES CONTRACT

DATE: 19TH DECEMBER 2013

TO: ********** COMPANY

FM: ******* SINGAPORE PTE LTD

RE: OUR SPOT SALES OF MINIMUM 106,200 METRIC TONS TO MAXIMUM 118,000 METRIC TONS OF HSFO 380CST CIF ONE SAFE BERTH/PORT **** 港口 CHINA

DURING DECEMBER 28, 2013 TO JANUARY 6, 2014 (BOTH DATES INCLUSIVE)

OUR CONTRACT REF. ****** 合同号

(HEREINAFTER REFERRED AS ‘AGREEMENT’)

THIS CONTRACT IS MADE BY AND BETWEEN THE BUYER AND THE SELLER. THE BUYER AGREES TO BUY, PAY AND TAKE, AND THE SELLER AGREES TO SELL AND DELIVER THE UNDER MENTIONED PRODUCT ACCORDING TO THE TERMS AND CONDITIONS AS STIPULATED BELOW:

1. SELLER

卖方公司信息

2. BUYER

买方公司信息

3. PRODUCT

产品

燃料油

FUEL OIL

4. QUANTITY

数量

MINIMUM 106,200 METRIC TONS TO MAXIMUM 118,000 METRIC TONS AT SELLER'S OPTIONS

5. QUALITY

质量指标

CHARACTERISTICS MIN MAX METHOD

DENSITY @ 15 C, KG/M3 0.991 ISO3675/12185/D1298-99R05/D4052 KINEMATIC VISCOSITY 50C,MM2/S 380 ISO 3104/D445

FLASH POINT, C 60 ISO 2719/D93

POUR POINT, C 30 ISO 3016/D97

CARBON RESIDUE, % (M/M) 18 ISO 10370/D4530-03/D189

Singapore Pte Ltd

RCB NO. 200311165H

ASH, % (M/M) 0.15 ISO 6245/D482

WATER 1.0 ISO 3733/D95

SULFUR, % 3.5 ISO 14596/8754/D4294

VANADIUM, MG/KG 300 ISO 14597/IP 501/470

ALUMINIUM+SILICON, MG/KG 80 ISO 10478/IP 501/470/377/95(03) TOTAL SEDIMENT POTENTIAL 0.10 ISO 10307-2/IP390(B)/D473

ZINC MG/KG 15 IP501/470/377

PHOSPHORUS, MG/KG 15 IP501/500/377

CALCIUM MG/KG 30 IP501/470/377

A FUEL SHALL BE CONSIDERED TO BE FREE OF ULO IF ONE OR MORE OF THE ELEMENTS ZINC, PHOSPHORUS AND CALCIUM ARE BELOW OR AT THE SPECIFIED LIMITS. ALL THREE ELEMENTS SHALL EXCEED THE SAME LIMITS BEFORE A FUEL SHALL BE DEEMED TO CONTAIN ULO.

THE SELLER’S OBLIGATIONS WITH REGARD TO THE QUALITY OF THE PRODUCT SUPPLIED ARE LIMITED SOLELY TO SUPPLYING PRODUCT WHICH CORRESPONDS WITH THE DESCRIPTION AND ANY SPECIFICATIONS SET OUT IN THE CONTRACT.

THERE ARE NO GUARANTEES, CONDITIONS, WARRANTIES OR REPRESENTATIONS, EXPRESS OR IMPLIED, GIVEN IN RELATION TO THE QUALITY, MERCHANTABILITY, FITNESS OR SUITABILITY OF THE PRODUCT AND THE RESULTS TO BE OBTAINED FROM THE USE OF ANY OF THE PRODUCT, FOR ANY PARTICULAR PURPOSE OR OTHERWISE, WHICH EXTEND BEYOND THE DESCRIPTION OF THE PRODUCT AND ANY SPECIFICATIONS CONTAINED IN THIS CONTRACT.

6. DELIVERY

交货

DELIVERY TERM: CIF IN ONE CARGO LOT (AS PER INCOTERMS 2000 FOR CIF SALES)

DISCHARGING LOCATION: ONE SAFE BERTH/PORT QINGDAO，CHINA

DISCHARGING DATE RANGE: DECEMBER 28, 2013 TO JANUARY 6, 2014 (BOTH DATES INCLUSIVE)

SELLER’S NOMINATED VESSEL OR HER SUBSTITUTE SHALL BE SUBJECT TO BUYER’S AND DI SCHARGING TERMINAL’S ACCEPTANCE (SUCH ACCEPTANCE SHALL NOT BE UNREASONABLY WITHHELD OR DELAYED). IN ALL CASES, BUYER SHALL MAKE BEST ENDEAVOR TO ACCOMMODATE OR BERTH THE PERFORMING VESSEL UPON HER ARRIVAL WITH PRIORITY SEQUENCE AND WITHOUT ANY UNREASONABLE DELAY.

BUYER SHALL GIVE FULL WRITTEN DISCHARGE INSTRUCTION FOR THE NOMINATED DISCHARGE BERTH, TERMINAL AND PORT AT LEAST SEVEN (7) DAYS PRIOR TO THE ETA OF SELLER’S NOMINATED VESSEL AND SELLER SHALL NOT BE RESPONSIBLE FOR ANY DELAYS THAT ARISE DUE TO BUY ER’S FAILURE TO DO SO. BUYER SHALL BE RESPONSIBLE FOR:

A) PROCURING A SAFE BERTH AT THE DISCHARGING PORT AT WHICH THE VESSEL CAN, WHEN FULLY LADEN, ALWAYS LIE AND DISCHARGE AFLOAT; AND

B) PROCURING AND MAINTAINING IN GOOD WORKING ORDER ALL CONNECTIONS HOSES AND PIPES AND OTHER EQUIPMENTS NECESSARY TO DISCHARGE THE PRODUCT AT THE BERTH; AND