Richelle Rosell

AOWHANUI CHARTER PARTY VERSION 1 – MAY 2021 PLACE AND DATE DISPONENT OWNER CHARTERERS Aowhanui Wood Limited New Zealand NZ Company Number- GRT/NRT FLAG DWT ON SUMMER LOAD LINE (abt) WHEN BUILT CLASS BALE GRAIN CAPACITY(abt) PRESENT POSITION EXPECTED READY TO LOAD LAYDAYS CANCELLING DATE(Cl.18) PORT(s) OR PLACE(s)of LOADING (Cl.1) 1SB 1-2 SPS NZ in Charterers option, intention Gisborne (underdeck) plus Tauranga (on deck), New Zealand PORT(s)OR PLACE(s) OF DISCHARGING (Cl. 1) NOTICE OF READINESS (load.) (Cl. 5) NOTICE OF READINESS(disch) (Cl. 5) CARGO AND QUANTITY (Cl. 1) a full and complete cargo of NZ logs on/under deck to vessels capacity FREIGHT RATE and METHOD OF PAYMENT,CURRENCY, etc. (Cl.3) TOTAL LAYTIME FOR LOAD AND DISCH. (Cl. 4) SEPARATE LAYTIME FOR (Cl. 4) LOAD DISCHARGE DEMURRAGE RATE (Cl. 8) DESPATCH MONEY (Cl. 8) DAYS OF DEMURRAGE (Cl. 17) GENERAL AVERAGE (Cl. 26) English Law/London PLACE OF ARBITRATION(optional)(Cl.31) London SHIPBROKER AND BROKERAGE (Cl. 28) 1.25 % …On Freight Deadfreight and Demurrage NUMBERS OF ADDITIONAL CLAUSES ATTACHED IF ANY 35-98 ORIGINAL CHARTER PARTY (ies) BEING MADE,MUTUALLY SIGNED AND POSSESSED BY It is mutually agreed that this Contract shall be performed subject to the conditions in this Charter Party which shall include Part 1 as well as Part II. In the event of conflict of conditions, the provisions of Part I shall prevail over those of Part II to the extent of such conflict but no further (OWNER ENTITY) (CHARTER ENTITY) SIGNATURE (Owners) SIGNATURE(Charterers) AOWHANUI CHARTER PARTY 1.Preamble_________________________________________________________ It is agreed between the party mentioned in Box 2.1 as owners, Chartered owners or Disponent Owners (“herein after referred to as The Owners”) of the Vessel named in Box 3.1 with particulars stated in the Boxes 3.2-3.7,now in position as stated in Box 4 and expected ready to load under the Charter about the date as the Charterers(hereinafter referred to as the “The Charterers “)that the Vessel shall with all the convenient speed sail and proceed to the loading port or place indicated in the Box 7 or so near thereto as she may safely get and lie always afloat, and there load with her own tackle ,and /or shore cranes a full and complete or part cargo, inclusive of deck load of Logs and/or Lumber as described in Box 10 which the Charterers bind themselves to load and being so loaded the Vessel shall with all the convenient speed, proceed to the discharging port or place indicated in Box 8 or so near thereto as she may safely get and lie always afloat and there deliver the said cargo in the customary manner as ordered. 2.Rotation(see box 7&8)______________________________________________ The loading or discharging ports shall be in geographical rotation 3.Freight (see also Clause 65)_______________________________________ Freight shall be prepaid by the Charterers as specified in the Box 11 in cash without discount and non returnable Freight shall be deemed earned upon completion of loading the Vessel and/ or cargo lost or not lost. 4.Laytime (see also Clause 35 & 42)_________________________________ (a) Separate laytime for loading and discharging 1).The cargo shall be loaded,stowed trimmed and lashed at the average rate as indicated in Box 12.2 i per weather working day of 24 consecutive hours Sundays and Holidays included. 2.)The cargo shall be unlashed and discharge at the average rate as indicated at the Box 12.2ii),per weather of 24 consecutive hours ,Sundays and Holidays included. 5.Commencement of laytime(see also Clause 35)_______________________ 1) Notice of Readiness at the loading and discharging port shall be given to the Charterers or their nominess stated in Box 9.1 or Box 9.2 respectively. 2) Laytime shall commence 12 hours after valid notice of readiness to load or discharge is given wheter in berth or not. 3) If loading or discharging commences earlier actual working time used for loading or discharging to count shall count 6.Time of lost in waiting of berth______________________________________ Time of lost in waiting of berth, whether in or off port ,shall count as laytime the Vessel being in free pratigue and ready in every respect to at loading ports only load or discharge 7.Commencement of Laytime at second and subsequent ports -(As per Clause 5) 8.Demurrage Despatch Money________________________________________ Demurrage shall be paid to the Owners at the rate as agreed in Box 13 per day of 24 running hours or pro rata for any part thereof payable day by day for all time used in excess of laytime of loading or discharging port(s). Despatch Money shall be paid to the Charterers at the rate as agreed in Box 14 per day for of 24 running hours or pro rata for any part thereof for laytime saved for loading or discharging port(s) 9.Free In and Out__________________________________________________ The Charterers shall load ,slow ,trim and discharge the cargo free or risks and expenses to the Owners. The Charterers shall have the liberty of working of all available hatches. The vessel shall be provide motive power, cranes ,winches gins, and fall stanchions ,lashing wire chains and other usual materials. For deck cargo loading at all times and if required, supply light for night work on board free of expenses to the Charterers. 10 Seaworthy trim (see clause 80)______________________________________ The Vessel shall be always kept in seaworthy trim at the Master’s discretion during her sailing and/or shifting between port and port or from berth to berth at both ends.Time at and expenses incurred thereby shall be for the Charterers account. 11.Overtime _______________________________________________________ Overtime for loading and Discharging shall be for account of the party ordering the same.If overtime shall be ordered by Port Authorities or any other Government Agencies the Charterer shall pay extra expenses incurred. The Officer’s and crews overtime charges shall be always paid by the Owners. 12.Charges_________________________________________________________ Literage ,towage for raft terminal service charges ,handling charges and such wharfages and other dues and taxes as are charge against cargo if any shall be for the Charterers account.any taxes /dues on vessel and/or freight to be for Owner’s account . 13 Deck Cargo( see also Clause 43)_____________________________________ The Owners shall load cargo on deck at the Charterers risk within the limit of the vessel sea worthiness in which case the owner shall not be responsible for wash away and/or any other damage to the deck cargo. 14.Supercargo______________________________________________________ Supercargo shall be appointed by the Charterers at their risk and owners expense 15.Separation_(See also Clause 37)_________________________________ Separation of the cargo at the port of loading if required by the Charterers or their agent shall be for the owners account and time used thereby shall count as laytime