Study the following and revert with a short summary description of subject fixture.

It is 12 page ,the Assignment 2

ASSIGNMENT 2 [2,000 words +/- 10%]

1. Please describe the role of broker/brokerage firms in shipping industry and their field of experticing (500 words)

2. Ship-owner “A” is looking for possible new-building Suez max tanker vessel candidates for 3 firm+1 option vessels at Far East yard  “B”. Please support your knowledge and state FIRM/OPTION cases separately. ( 500 words)

3. Please study the following and revert with a short summary description of subject fixture: (1000 words)

WE ARE PLEASED TO RECAP THE FOLLOWING FIXTURE AGREED WITH ALL OUTSTANDING

SUBJECTS LIFTED WITHIN TIME,

CHARTER PARTY DATED : 10TH NOVEMBER 2017

CHARTERERS : LITASCO SA

BROKER : GENESIS SHIPBROKERS LTD

REGISTERED OWNERS : AAAAAAAAAAA INC.

COMMERCIAL OPERATOR :BBBBBBBBBB INC

VESSEL : AAAAAAAAAAAA

IMO NUMBER: : 9419096

EX-NAME : NOT APPLICABLE

SDWT : 161,724 MT

SDRAFT : 17.0195 M

LOA : 274.2 M

BEAM : 50.001 M

FLAG : GREECE

BUILT : 2010

CLASS : DNV

STOPPERS : 2 X 350 MT – TONGUE

CHAIN SIZE : 76 MM

CUBIC 98 PCT : 173,429.201 98 PCT EXCL SLOPS

PUMPS : 3 X 4000 CU. METRES/HOUR (STEAM CENTRIFUGAL)

TPC : 123.2

BCM : 136.55 M

KTM : 51.587 M

IGS : YES

COW : YES

SBT/CBT : SBT

VRS : YES

GRT : 85,522

NRT : 53,242

PCNT : 0

SCNT : 78,534.46

CRANES : 2 X 20 MT

COATED : EPOXY INTERGUARD 403 BOTTOM: 1 MTR, TOP: 2 MTR, SLOP &

RESIDUAL TANKS: FULLY COATED

HULL : DOUBLE HULL

CALL SIGN : SVAW5

P AND I : LONDON SYNDICATE

QUALIFIED IND: O’BRIEN’S

OSRO : NATIONAL RESPONSE CORPORATION

COC/TVEL :

ISSC : 11/11/18

DATE OF LAST SIRE: 10/09/17

CP SPEED WSNP : ABOUT 12.5 KNOTS WSNP

H+M: USD 55,000,000

LAST: FO AND CONDENSATE

2ND LAST: DAD BLEND CO

3RD LAST : BRASS BLEND CO

VSL ITINERARY : FOC PPT RED SEA

—————————————————————————

(CARGO)

CRUDE OIL

HEAT (YES/NO) : NO

INTAKE : CARGO INTAKE IS ABOUT 137K MT BASIS GIVEN API AND

LOADING TEMP OF 30C

AT ABOUT 15.55 METERS EK SW OR ABOUT 15.75 METERS EK

BW

—————————————————————————

(DATES)

LAYCAN :

COMMENCING : 29 NOVEMBER 2017

TERMINATING : 30 NOVEMBER 2017

TO BE NARROWED BY CHTS TO 1 DAY 0001-2359 HRS

CANAKKALE CANCELLING : 17 NOVEMBER 2359 HRS

—————————————————————————

(GEOGRAPHICAL)

LOAD : 1-2SP RUSSIAN BSEA EXCL STS, INTENTION CPC

DISCHARGE : 1-2SP SKOREA INTENTION ULSAN FOLLOWED BY INCHON

—————————————————————————

(FINANCIAL)

RATE :

USD 2.95M 1:1 ALL INCLUSIVE VIA SUEZ CANAL (INCL GOA/PIRACY COSTS ETC)

USD 3.05M BSS 2 PORTS SKOREA, 1:2 ALL INCLUSIVE VIA SUEZ CANAL (INCL

GOA/PIRACY COSTS ETC)

(ROTATION CHOPT)

OVERAGE : 50 PCT OVERAGE, IF ANY (N/A IF LUMP SUM)

DEMURRAGE : USD 27,500 PDPR

KOREAN ANCHORAGE DUES ‐ FIRST 48 (FORTY EIGHT) HOURS FOR OWNS ACCT, THEREAFTER CHRTS

ACCT.

-IF LOAD CPC, THEN NOVO FREIGHT TO APPLY LESS USD 135,000. N/A THIS C/P

-RATES ALL INCLUSIVE BASIS 1 TO 1 (INCLUDING PORT CHARGES, SUEZ CANAL

TOLLS, GOA WRAP, ARMED GUARDS(IF ANY))

-FOR LUMPSUM FREIGHT, ANY CHARTERERS ITEM UNDER WS HTC TO REMAIN FOR

CHARTERERS ACCOUNT.

-IF TWO PORTS TURKEY MFR AUGUSTA TO APPLY PLUS USD 0.50

-WS FLAT RATES 2017 TO APPLY

-AWRP ISRAELI MED CHARTS ACCOUNT

-ROUTING FOR EAST OPTIONS ALWAYS VIA SUEZ AND SAME TO BE DECLARED UPON

VESSEL TENDERING NOR LOADPORT

-OWNERS OPTION TO BUNKER ON LADEN PASSAGE WITH CHARTERERS’ APPROVAL WHICH

NOT TO BE UNREASONABLY WITHHELD

COMMISSION: 2.50 PCT ADDRESS DEDUCTABLE PLUS 1.25 PCT BROKERAGE PAYABLE BY

OWNERS TO GENESIS SHIPBROKERS LTD ON FRT/DFRT/DEM/TURKISH

STRTS DELAYS/DEVIATION & SUEZ CANAL FIXED DIFFERENTIAL, DEDUCTABLE BY CHTS

FROM FREIGHT.

FREIGHT PAYMENT DETAILS:

BANK : DNB NOR BANK ASA

20 ST. DUNSTAN’S HILL, LONDON EC3R 8HY

SWIFT : DNBAGB2L

ACCOUNT NR: 64111001

IBAN : GB74DNBA40511464111001

F/O : UNITED EMBLEM INC

ATTN : MS SARAH SANDERS

CORRESPONDING BANK :

THE BANK OF NEW YORK MELLON

ONE WALL STREET,10286 NEW YORK,NY

UNITED STATES,SWIFT ADDRESS : IRVTUS3N

Study the following and revert with a short summary description of subject fixture.
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