Part I and II of Shell LNGTime2 _Execution Version 24042021
Part I and II of Shell LNGTime2 _Execution Version 24042021
TRIUMPH OFFSHORE PVT LTD. 9th Avenue, Ground Floor, Behind Rajpath Club, S G Highway,
Bodakdev, Ahmedabad, Gujarat 380059 India
Hereinafter referred to as “Owners”
Tema LNG Terminal Company Limited
Hereinafter referred to as “Charterers”
For the charter of:
Vasant 1
Hereinafter referred to as “the Vessel”
This charter dated 26 April 2021
IMO Number 9837066
Flag India
Classification Society LR + IRS
Year Built 2020
The Owner and Charterer will, periodically, discuss in good faith extending the
Charter Period. Such extension, if any, would be mutually agreed on between
the Owner and the Charterer.
Fuel and hire at a rate of US$20,000/day, for the notional voyage from last
discharge port (Singapore) to delivery location (Tema, Ghana).
For the purpose of calculating the Positioning Fee, the following parameters
shall be used:
To the extent that the Owner has not secured a new charterer following the
Charter Period, the Charterer will compensate the Owner with Fuel and Hire
at a rate of US$20,000/day, for the notional voyage from last discharge port
Tema, Ghana to Jafrabad, India.
For the purpose of calculating the Ballast Bonus, the following parameters
shall be used:
If upon Redelivery (whether it occurs at the end of the charter or on the earlier
termination of this charter), the quantity of bunkers (which shall include fuel
oil, gas oil or any of their low sulphur equivalents) exceeds the quantity on
Delivery, Owners shall pay for such excess quantity at the Fuel Price. If the
quantity of bunkers upon Redelivery is less than the quantity of bunkers on
Delivery, Charterers shall pay Owners for the difference at the Fuel Price.
Bunker and Copies of the original suppliers’ invoices shall be made available where no Fuel
(b) LNG Heel Price has been agreed beforehand.
Reconciliation
If upon Redelivery (whether it occurs at the end of the charter or on the earlier
termination of this charter), the quantity of Heel exceeds the quantity of Heel
taken on Delivery, and Owners have declared their option to retain Heel, then
Owners shall pay for the excess quantity at the LNG Price.
If the quantity of Heel upon Redelivery is less than the quantity of Heel on
Delivery, Charterers shall pay Owners for the difference at the LNG Price.
Charterers shall provide notice of Charterers shall not give or provide any
Redelivery Notices
Redelivery at these number of days: employment order(s) inconsistent with
redelivery in accordance with the firm
notices given.
Last invoiced price per increment of
LSMGO Price US Dollars (US$) per tonne: volume bunkered in USD per metric
tonne.
Performance Insertions:
Laden; % per day of Gross Capacity of LNG Tanks: 0.15
Maximum Daily
Boil-Off Rate Ballast; % per day of Gross Capacity of LNG Tanks (with no spray-
0.07
cooling during ballast passage):
Fuel Oil Equivalent factor shall be:
* Note : FOE depends on actual LNG density and the actual calorific
FOE value of LNG and MGO. 0.498
FOE is calculated on the basis of the Design Condition.: 0.452 ton/m3
(pure methane) x 50 MJ/kg (LNG) / 42.7 MJ/kg (MGO) = 0.498
Laden speed in knots: 12.0
Guaranteed Service
Ballast speed in knots: 12.0
Speed
Minimum Speed in knots: TBA
Pursuant to Clause 34(d) (Off-Hire) whereby Charterers have the
right to extend the charter period by any period of off-hire, the
Off-Hire Extensions minimum number of days Charterers have to give notice to Owners TBA
exercising such right, prior to when the charter would otherwise
have expired, shall be:
Pursuant to Clause 34(i) (Off-Hire), whereby Charterers may
Off-Hire terminate this charter, the number of days the Vessel has been off-
TBA
Termination Rights hire, either consecutively or cumulatively, that would permit
Charterers to exercise such right, shall be:
Where the Parties have agreed to either of these operations under Part III Clause 23(c)(i)
(Gas-Up, Cool-Down, LNG Retention):
The estimated number of hours for Gas-Up: N/A
Gas-Up, Cool-Down The estimated number of hours for Cool-Down: Abt. 24
The estimated LNG required for Gas-Up in cubic metres: N/A
Abt. 1000
The estimated LNG required for Cool-Down in cubic metres:
m3
Pursuant to Clause 35(a) notice of Drydock interval in months: N/A
Drydock
Pursuant to Clause 35(b) prior notice of Drydock in days: N/A
The agreed terms and conditions of this charter shall be recorded and evidenced
by the production of this ShellLNGTime2 Part I signed by both Charterers and
Owners (unless the Parties agree that confirmation by email shall suffice),
Charter Party together with Part II, LNG Form B, within 24 hours of the fixture being
Administration concluded. This shall state any amendments, additions or deletions to
ShellLNGTime2 Part III. No further written and signed Charter Party
documentation will be produced unless specifically requested by Charterers or
Owners, or as may be required by additional clauses of this charter.
H. Clarksons Co Ltd to receive 1.25% of all charter Hire and Hire element of
Brokers Positioning Fee and Ballast Bonus earned by Owner under this charter. The
brokerage fee is to be paid by Owner to Broker; and
Pace Marine Solutions Pvt Ltd to receive 1.25% of all charter Hire and Hire
element of Positioning Fee and Ballast Bonus earned by Owner under this
charter. The brokerage fee is to be paid by Owner to Broker.
Owners agree to provide STS equipment (equipment list attached) at hire rate of
Other Terms
USD 3,000 per day pro rata from delivery of the vessel till redelivery.
The Subjects’ requirements listed below must be satisfied by the times and dates indicated in order that this charter
becomes binding between the Parties.
Subjects 1.
Full Name: Vinita N Patel
Position: Director
SHELLLNGTIME 2
1. Principal Particulars
3. Ballast System
(List conventions complied with / Certificates obtained, including protocols, amendments anddate of
issue)
(a) Load line 29th Sept 2020
(b) SOLAS 29th Sept 2020
(c) IGC Code 29th Sept 2020
(d) Tonnage 18th Sept 2020
(e) Marine Pollution (MARPOL) 29th Sept 2020
(f) I. M. O. Certificate of Fitness
(g) USCG Certificate of Compliance
(h) Independent Sworn Measurer Certificate
(i) SIRE Inspection 03rd Nov 2020, at Bintulu, Malaysia
(j) Port state control
Is certification held indicating compliance with the following?
5. Propulsion
Discharging
Gas : 35.8 ton/day,
M.G.O.(Pilot oil) : 0.7 ton/day
(e) In Port (idle) M.G.O. : 15.3 ton/day
(f) For Inert Gas Generation Abt. 1580 kg/h
(g) For Reliquification of the cargo N/A
(h) For Ballast exchange For 100% exchange of ballast water
Note
i) Reference only
ii) Maker’s standard under ISO reference condition
iii) Calorific value of fuel
- Gas: 50,000 kJ/kg
No 1 Tank 26617.3
No 2 Tank 49962.7
No 3 Tank 49975.1
No 4 Tank 50011.0
Total 176566.1
(c) Gross Capacity of LNG tanks at 100% m3
No 1 Tank 27160.5
No 2 Tank 50982.3
No 3 Tank 50995.0
No 4 Tank 51031.6
Total 180169.4
9. Cargo Discharge
Pressure measuring system accuracy and range +/- 1.5 ℃ : -80℃~ +40℃
Pressure:
+/- 0.5 % : 800 ~ 1,800 mbar
(c) Is secondary system for measuring LNG liquid Radar type
level fitted and, if so, state type and measuring
accuracy
12. Cargo Manifolds
(a) Do manifolds follow requirements of Vol Category “B” of Yes, 1st Edition 2011
OCIMF “Recommendations for Manifolds for Refrigerated Version
Liquefied Natural Gas Carriers (LNG)”
2nd Edition — 1994? (If “No”, state variations)
(b) State layout of liquid and vapour connections L-L-V-L-L
(c) Distance of the centre of manifolds from amidships 1250mm, afterward
from amidships
(d) Distance of presentation flange from ship’s side 3533mm
(e) Distance of presentation flange from ship’s rail 3375mm
(f) Height of manifold centre above keel 31,150mm
(g) Size and location of liquid nitrogen loading connection N/A, No liquid
nitrogen connection
available
14. Bunkers
(a) Capacity of fuel oil bunker tanks @ 98% (SG 0.99) N/A
(b) Capacity of gas oil bunker tanks @ 90% (SG 0.85) 3661.0 MT
(c) Maximum bunker loading rate 98%
(d) Segregated low sulphur fuel oil storage capacity N/A
17. Nitrogen
(a) Low duty (fuel gas compressor): No. and capacity 5800 m3/hour x 4 No.
(b) Low duty (fuel gas compressor): make Cryostar
14 Nos Blanking flanges for the STS hose preservation (10” hose).
168 Nos of nuts and bolts for hose blank flanges (10” hose).
Further, Pilot/s shall be provided by the Charterers at their own cost to moor and unmoor the
Vessel along with the Tugs. Additionally, all Fenders shall be provided by the Charterers at their
cost. For clarity, Owners will provide the STS equipment, as above and shall perform STS
operations required for visiting LNGC side only.
23. Crew
Laden; % per day of Gross Capacity 0.15% of gross capacity per day
Maximum Daily of LNG Tanks:
Boil-Off Rate Ballast; % per day of Gross Capacity 0.07% of gross capacity per day
of LNG Tanks:
0.498
FOE Fuel Oil Equivalent factor shall be:
* Note: FOE depends on actual LNG
density and the actual calorific value of
LNG and MGO.
FOE can be calculated by the below
formula on the basis of the Design
Condition.
0.452 ton/m3 (pure methane) x 50
MJ/kg (LNG) / 42.7 MJ/kg (MGO) =
0.498
Guaranteed speed (round trip, BF4): 12
Laden speed in knots:
knots
Guaranteed
Service Speed Ballast speed in knots: -
Minimum Speed in knots: -