Chartering Enquiry No. : Shipping/Crude/Voy/44/2013 Dt: 19 Feb 2013

CHARTERING ENQUIRY NO. : SHIPPING/CRUDE/VOY/44/2013 DT: 19 FEB 2013

HPCL INVITES OFFERS AGAINST THE FOLLOWING ENQUIRY AS PER THE TERMS AND CONDITIONS STATED BELOW:

CARGO/QTY: 2 CARGOES Of 128500 MTS EACH NO HEAT CRUDE OIL 1/2 GRADES WVNS CHOPTION, UPTO FULL CAPACITY OF THE VESSEL CHOPTION, INTENTION QUA IBOE CRUDE WOG

LOADPORT: 1 SP/SA/SBM/STS WEST AFRICA, PORT IN CHOPTION. INTENTION QUA IBOE TERMINAL, NIGERIA

LAYCAN: 05-06 MAR 2013 & 08-09 MAR 2013 RESPECTIVELY

DISPORT: 1 SP/SA/SPM/STS EAST COAST OF INDIA. INTENTION VIZAG

TOTAL LAYTIME: 144 HRS SHINC BASIS 1-1, 12 HRS EXTRA FOR EACH ADDITIONAL PORT(S), IF ANY

VESSELTYPE : DOUBLE HULL VLCC WITH GOOD SIRE & OIL MAJOR APPROVALS. FOREIGN FLAG VESSELS MORE THAN 20 YEARS OLD AS ON THE DATE OF ENQUIRY WILL NOT BE CONSIDERED.

VLCCs MUST BE ABLE TO LOAD THE ABOVE CARGO QUANTITIES BASIS 20 METER ARRIVAL DRAFT AT DISCHARGE PORT. HOWEVER ACTUAL DRAFT AT DISCHARGE PORT WOULD BE ADVISED BEFORE LOADING OF THE VESSEL.

(OFFERS FOR IRANIAN OWNED/FLAGGED VESSELS WILL NOT BE CONSIDERED)

ALSO THE ATTACHED VESSEL DETAILS FORMAT (HPCL QUESTIONNAIRE) IS TO BE FILLED AND SENT ALONGWITH THE OFFER.

OTHER TERMS: AS PER HPCL ADAPTED ASBATANKVOY CP ALONGWITH RIDER CLAUSES FOR THIS TRADE INCL. FLWG. IF IN CONFLICT WITH CP, THE MAIN TERMS SHALL APPLY.

1. PLEASE PROVIDE THE FOLLOWING DETAILS a. CURRENT POSITION ------b. DETAILED ITINERARY ------c. ETA OF THE VSL AT THE LOADPORT ------d. AVG. SAILING SPEED ------2. OWNERS CONFIRM VSL ABLE TO LOAD MIN QTY BSS RESTRICTIONS/REQUIREMENTS AT LOAD/DISCH PORT(S). 3. B/LS TO BE ISSUED AS PER TERMINAL PROCEDURE/REQUIREMENTS. 4. IF VSL IS AVAILABLE PRIOR TO LAYCAN AND CHARTERERS HAVE NO OBJECTION IN LOADING HER PRIOR TO LAYCAN, THE TIME SAVED AT LOADPORT TO BE ADDED TO THE LAYTIME ALLOWED TO CHARTERERS. 5. OWNERS CONFIRM VSL ACCEPTABLE TO THE LOADING PORT TERMINAL(S) AND DISPORT(S) AND CONFORMS TO SUPPLIER’S COUNTRY’S LAWS. 6. VSL TO BE SUBJECT TO DAYLIGHT INSPECTION AT THE LOADING PORT. VSL TO BE FIT IN ALL RESPECTS TO THE SATISFACTION OF THE TERMINAL. 7. OWNERS CONFIRM VSL HAS VALID P&I CERTIFICATE OF ENTRY AND ADDITIONAL P&I AND INSURANCE COVER FOR STS/LIGHTERAGE/MOORING OPERATIONS AND ALSO COVERING THIRD PARTY LIABILITIES INCLUDING OIL POLLUTION AND WRECK REMOVAL. COPIES OF THE SAME ARE TO BE SUBMITTED TO CHARTERERS AND TO THE PORT PRIOR ARRIVAL OF VESSEL. 8. OWNERS TO CONFIRM THAT THE OFFERED VESSEL’S INSURANCE AND P&I COVER MEETS THE CONDITIONS & REQUIREMENTS AS NOTIFIED BY GOVT. OF INDIA IN THE GAZETTE PART II-SECTION 3-SUB SECTION(I) DATED 20 APR 2012. (COPY ATTACHED) 9. LAST SIRE REPORT, DTD ______BY ____ AND COMPLIANCE, IF APPLICABLE. 10. IN THE EVENTUALITY OF BAD WEATHER, HALF TIME TO COUNT AS LAYTIME OR TIME ON DEMURRAGE. 11. OWNERS CONFIRM VESSEL/OWNERS COMPLY WITH ISM / ISPS CODE/REQUIREMENT. CHEVRON ISPS CLAUSE TO APPLY. 12. NOR/LAYTIME COMMENCEMENT RIDER CLAUSE 18. 13. OWNERS CONFIRM VESSEL COMPLIES WITH OCIMF GUIDELINES. 14. THE VESSEL OFFERED SHALL ONLY BE SBT (SEGREGATED BALLAST TANKS) VESSEL. 15. FREIGHT & DEMURRAGE: OWNERS TO QUOTE ALL INCLUSIVE LUMPSUM FREIGHT IN USD. ALL LOADPORT LEVIES, DUES & TAXES AND CANAL DUES ETC TO BE ON OWNERS’ ACCOUNT. DEMURRAGE TO BE QUOTED IN USD PDPR. 16. FOREIGN VESSEL OWNERS WILL HAVE TO FURNISH INFORMATION / DOCUMENTS REQUIRED FOR REMITTANCE TO NON RESIDENTS AS PER THE INDIAN INCOME TAX ACT BEFORE PAYMENT OF FRT/DFRT/DEM. 17. OIL MAJORS APPROVALS. 18. OWNERS CONFIRM THAT IF IN THE OFFER FOR THEIR VESSEL, ANOTHER VESSEL IS OFFERED UNDER ‘OWNERS’ OPTION’ AND IN CASE ONLY ONE OF THESE VESSELS IS ACCEPTED BY THE LOADPORT TERMINAL, THE VESSEL SO ACCEPTED WILL NECESSARILY BE THE PERFORMING VESSEL. 19. OWNERS TO MENTION IN THEIR OFFER WHETHER THEIR SHIP IS ELIGIBLE FOR ‘RIGHT OF REFUSAL’ AS PER GUIDELINES OF DG- SHIPPING, INDIA. (THE INDIA FLAG VESSELS SHALL HAVE THE RIGHT OF FIRST REFUSAL AS PER POLICY OF GOVERNMENT OF INDIA. IN THE EVENT OF THE RIGHT OF FIRST REFUSAL NOT GETTING EXERCISED BY ANY BIDDER, RIGHT OF REFUSAL WILL BE EXERCISED BY THE FOLLOWING TWO CATEGORIES OF VESSELS IN THAT SEQUENCE: (1) INDIAN CITIZENS / COMPANIES / CO-OPERATIVE SOCIETIES, HAVING BBCD VESSELS, FAILING WHICH (2) ANY OTHER OWNER OR HIS AGENT OFFERING FOREIGN FLAG VESSEL BUILT IN INDIA) . 20. ADDRESS COMMISSION 2.5% PAYABLE TO HPCL. 21. THIS ENQUIRY IS ALSO AVAILABLE ON HPCL CORPORATE WEBSITE www.hindustanpetroleum.com UNDER LINK “ MOST SOUGHT LINKS” , HEAD “TENDERS & CONTRACTS” AND SUB HEAD “PUBLIC TENDERS”

OFFER FIRM BY : 1630 HRS ON 19 FEB 2013 OFFER TO REMAIN VALID UPTO : 2000 HRS ON 19 FEB 2013

E-mail ID : [email protected] Fax No. : 0091 22 22822300 Telephone No(s) : 0091 22 2282 2400

PLEASE SEND YOUR RESPONSE AT THE ABOVE EMAIL ID AND FAX BOTH, ENCLOSING Q-88 AND HPCL QUESTIONNAIRE.

IN CASE OF VARIATION BETWEEN MORE THAN ONE OFFERS FROM THE BIDDERS FOR THE SAME VESSEL, THE LOWEST OFFER SHALL BE CONSIDERED FOR EVALUATION AND THE SAME SHALL BE BINDING ON THE BIDDERS.

OFFERS RECEIVED ON ANY OTHER EMAIL ID / FAX NO. SHALL NOT BE CONSIDERED BY HPCL. PLEASE ENSURE THAT YOUR OFFERS ARE RECEIVED BY US WITHIN THE OFFER TIME STIPULATED ABOVE. LATE OFFERS WILL NOT BE CONSIDERED.

IT IS MANDATORY FOR ALL BIDDERS TO PUT ALL COMMUNICATION PERTAINING TO THE OFFER AND SUBSEQUENT NEGOTIATIONS ON E-MAIL / FAX FOR RECORDS.

REGARDS