HUA MING SHIPPING GROUP, INC.

#63 San Luis St. Brgy. 11, Pasay City, Metro Manila, Philippines

FIXTURE NOTE
1. Route : 2. Date:
Mariveles, Bataan to Puerto Princesa Aug 21, 2019
3. Owner’s business address: 4. Charterer’s business address:

Hua Ming Shipping Group Inc.

63 San Luis St., Barangay 11,
Pasay City, Metro Manila

5. Vessel’s Name: 6. GRT / NRT

MV HM FOUNDATION 4,291 / 2,639
7. Deadweight: 8. Present Position:
7,257 Batangas Anchorage
9. Expected ready to load/Availability of Vessel Note :
2 days after contract signed and deposit arrived.
10. Loading Port or Place: 11. Discharging Port or Place:
1 SB Mariveles, Bataan 1 SB Puerto Princesa
12. Cargo (also state quantity and margin in Owner’s Option, if agreed; if full and complete cargo not
agreed state “part cargo”).
= Vessel Load Capacity
CEMENTS IN BAG X 1 shipments
6,300MT 5% more of less in owners option
13. Freight ( subject to condition on item 6, 14. Freight Payment (State currency and method of
box 21) payment also beneficiary and bank account.

PHP Per Metric Ton

As additional clause 8.
15. Loading and Discharging costs (state 16. Laytime (if separate laytime for load and dis-
alternative or indicate if vessel is gearless) charging is agreed, fill in a and b, if total laytime
for load, and discharging, fill in c only).
Shipper’s Account a.) NO. of days loading:

Three days
17. Shipper’s Name and Address: b.) No. of days unloading:
Three days
c.) Total no. of day for loading & unloading:

18. Demurrage Rate (loading and unloading): 19. Cancelling Date: N/A
200000 peso per day
20. Brokerage commission and to whom payable:
nil
21. Additional clauses covering special provisions, if agreed:
1. Arrastre, stevedoring and wharfage dues all for the account of the shippers/charterers and
consignee at both ends.
2. Shipper/Charterer shall get insurance for the cargo.
3. Vessel and/or owner shall be free from any subrogatory claim made whatsoever. Shipper/Charterer
absolves carrier from such claim.
4. Cost of loading and unloading shall be on free in and out basis.
5. Vessel and/or its owner shall not be responsible for any cargo damage/loss due to poor packing

and improper handling by the shipper’s/charterer’s/consignee’s hired stevedoring/arrastre workers

during loading/unloading and perils due to force majeure and/or perils of the sea.

6. Freight on cargo is deemed fully earned, discountless and unreturnable as cargo loaded on board
vessel, whether cargo or vessel is lost or not lost.
7. During unloading from vessel to truck and during double handling movement all damage bag are to
be considered at the account of charterer or consignee for the rebagging.
8. 50% of the freight payable within one banking day after the contract has been signed. Balance of
50% should be paid prior to vessel loading at load port/anchorage.
Beneficiary Bank Account:
METROBANK
Account name: Hua Ming Shipping Group Inc.
Account number: 513-7-51300675-2
 HUA MING SHIPPING GROUP, INC.
#63 San Luis St. Brgy. 11, Pasay City, Metro Manila, Philippines

9. This contract shall be performed subject to the Title Condition in the Gencon 94 as applicable
except those otherwise amended by the conditions contained in box no. 21 of this contract.
10. Any case arising out of this contract shall be filed at the Regional Trial Courts of Makati City.
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It is mutually agreed this Contract shall be performed subject to the title condition in the GENCON.

Signature (Owner): Signature (Charterer)