EX-10.29
from 10-K
12 pages
Memorandum of Agreement Norwegian Shipbrokers’ Association’s Memorandum of Agreement for Sale and Purchase of Ships. Adopted by the Baltic and International Maritime Council (Bimco) in 1956. Dated: 22nd January 2007 Code-Name Saleform 1993 Revised 1966, 1983 and 1986/87. Cobelfret Bulk Carriers N. V. of Antwerp, Belgium Hereinafter Called the Sellers, Have Agreed to Sell, and Quintana Maritime Limited (Qml) of Quintana Maritime Limited, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands , Mh 96960 or a Company to Be Nominated and Guaranteed by Qml Pursuant to Clause 23 Hereof Hereinafter Called the Buyers, Have Agreed to Buy Name: M/V “Lowlands Beilun” Classification Society/Class: Abs Built: May 1999 By: Holla Engineering & Heavy Industries Ltd., Samko Shipyard, South Korea (Present Name Hyundai Samko) Flag: Belgian Place of Registration: Antwerp Call Sign: 0nda Grt: 85,906 Imo Number: 9172208/ Class: 9936360 Hereinafter Called the Vessel, on the Following Terms and Conditions: Definitions “Banking Days” Are Days on Which Banks Are Open Both in the Country of the Currency Stipulated for the Purchase Price in Clause 1 and in the Place of Closing Stipulated in Clause 8. “In Writing” or “Written” Means a Letter Handed Over From the Sellers to the Buyers or Vice Versa, a Registered Letter, Telex, Telefax. “Classification Society” or “Class” Means the Society Referred to in Line 4. 1. Purchase Price US$73,000,000 (United States Dollars Seventy Three Million) 2 Deposit
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EX-10.28
from 10-K
7 pages
Memorandum of Agreement Norwegian Shipbrokers’ Association’s Memorandum of Agreement for Sale and Purchase of Ships. Adopted by the Baltic and International Maritime Council (Bimco) in 1956. Dated: 1st December 2006 Code-Name Saleform 1993 Revised 1966, 1983 and 1986/87. Bocimar International NV of De Gerlachekaai 20,2000 Antwerp, Belgium Hereinafter Called the Sellers, Have Agreed to Sell, and a Company and Flag to Be Nominated by ‘Quintana Management’, Greece - Quintana to Perform as Buyers or Quintana Guaranteeing Performance of Their Nominee Buyers - Hereinafter Called the Buyers, Have Agreed to Buy Hull Number H1051, at Shanghai Waigaoqiao Shipyard Being a 177,000 Dwt, Capesize, Bulk Carrier Name: To Be Named ‘Mineral Temse’ Classification Society/Class: Under Construction to Be Delivered 2007 Flag: Intention Belgian Flag Place of Registration: Intention Antwerp Call Sign: N/a Grt/Nrt: N/a Register Number: N/a Hereinafter Called the Vessel, on the Following Terms and Conditions: Definitions “Banking Days” Are Days on Which Banks Are Open Both in the Country of the Currency Stipulated for the Purchase Price in Clause 1 and in the Place of Closing Stipulated in Clause 8. “In Writing” or “Written” Means a Letter Handed Over From the Sellers to the Buyers or Vice Versa, a Registered Letter, Telex, Telefax or Other Modem Form of Written Communication. “Classification Society” or “Class” Means the Society Referred to in Line 4. “Shipbuilding Contract” Means the Shipbuilding Contract Dated 5th November 2004 With Shanghai Waigaoqiao Shipbuilding Co. Ltd and China Shipbuilding Trading Co. Ltd 1. Purchase Price US$92,500,000 (Ninety Two Million, Five Hundred Thousand Untied States Dollars) 2. Deposit
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