Construction and Sale Sample Contracts

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CONTRACT FOR CONSTRUCTION AND SALE OF A DRILLSHIP (HULL NO. 1837) BETWEEN DRILLSHIP HYDRA OWNERS INC. AND SAMSUNG HEAVY INDUSTRIES CO., LTD.
Construction and Sale • April 9th, 2010 • DryShips Inc. • Deep sea foreign transportation of freight • England

This Contract, made and entered into on this 17th day of September 2007 by and between DRILLSHIP HYDRA OWNERS INC., a corporation incorporated and existing under the laws of Marshall Islands having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH 96960 (hereinafter called the “BUYER”), on the one part and SAMSUNG HEAVY INDUSTRIES CO., LTD., a corporation incorporated and existing under the laws of the Republic of Korea and having its registered office at 34th Floor, Samsung Life Insurance Seocho Tower 1321-15, Seocho-Dong, Seocho-Gu, Seoul, Korea 137-857 (hereinafter called the “BUILDER”), on the other part.

CONTRACT FOR THE CONSTRUCTION AND SALE OF DRILLSHIP BY AND BETWEEN ALPHA EAGLE COMPANY AS BUYER AND DAEWOO SHIPBUILDING & MARINE ENGINEERING CO., LTD. AS BUILDER
Construction and Sale • November 22nd, 2011 • Atwood Oceanics Inc • Drilling oil & gas wells • England

BY THIS CONTRACT made the ___ day of October 2011 by and between ALPHA EAGLE COMPANY, a corporation organized and existing under the laws of Cayman Islands and having its registered office at c/o Maples Corporate Services Limited, P.O. Box 309GT, Ugland House, South Church Street, George Town, Grand Cayman, Cayman Islands (“BUYER”), and DAEWOO SHIPBUILDING & MARINE ENGINEERING CO., LTD., a corporation organized and existing under the laws of the Republic of Korea, having its principal office at 85, Da-dong, Jung-gu, Seoul, Korea (“BUILDER”).

SHIPBUILDING CONTRACT FOR THE CONSTRUCTION AND SALE OF One (1) 300,000 TDW CRUDE OIL TANKER (HULL NO.: 5405) BY AND BETWEEN STI EDINBURGH SHIPPING COMPANY LIMITED (as BUYER) AND DAEWOO SHIPBUILDING & MARINE ENGINEERING CO., LTD. (as BUILDER)
Construction and Sale • June 8th, 2015 • Gener8 Maritime, Inc. • Deep sea foreign transportation of freight • England

BY THIS CONTRACT made the 13th day of December, 2013 by and between STI Edinburgh Shipping Company Limited, a corporation organized and existing under the laws of the Marshall Island having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands 96960 (the “Buyer”), and DAEWOO SHIPBUILDING & MARINE ENGINEERING CO., LTD., a corporation organized and existing under the laws of the Republic of Korea, having its principal office at 85, Da-dong, Jung-Gu, Seoul, Korea (the “Builder”).

SHIPSALES CONTRACT FOR CONSTRUCTION AND SALE OF One (1) 61,000 M.T. D/W TYPE BULK CARRIER (HULL NO. ) BETWEEN
Construction and Sale • December 2nd, 2013 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight • England

THIS CONTRACT, made this day of by and between , a corporation organized and existing under the law of the Republic of the Marshall Islands, having its registered office at Trust Company complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 (hereinafter called the “BUYER”), the party of the first part, and Lavender Maritime S.A., a corporation organized and existing under the laws of Panama, having its principal office at 53rd Street, Urbanizacion Obarrio, Torre Swiss Bank, 16th Floor, Panama, Republic of Panama (hereinafter called the “SELLER”), the party of the second part.

SHIPSALES CONTRACT FOR CONSTRUCTION AND SALE OF A 87,000 MTDW SINGLE SCREW DIESEL DRIVEN BULK CARRIER (THE FUTURE-87) HULL NO. 3254 BETWEEN ENIAPROHI SHIPPING CORPORATION AND ITOCHU CORPORATION
Construction and Sale • May 16th, 2008 • Safe Bulkers, Inc.

THIS CONTRACT, made and entered into this 28th day of August, 2006 by and between ENIAPROHI SHIPPING CORPORATION, a corporation organized and existing under the laws of Liberia having its registered office at 80 Broad Street, Monrovia (hereinafter called the “Buyer”), the party of the first part, and ITOCHU CORPORATION, a corporation organized and existing under the laws of Japan, having its registered office at 5-1, Kita-Aoyama 2 chome, Minato-ku, Tokyo, 107-8077, Japan, (hereinafter called the “Seller), the party of the second part.

SHIPBUILDING CONTRACT FOR CONSTRUCTION AND SALE OF ONE (1) DEADWEIGHT 81,600 MT TYPE KAMSARMAX BULK CARRIER (HULL NO. ) BETWEEN [SUBSIDIARY] or its guaranteed nominee AS BUYER AND TSUNEISHI GROUP (ZHOUSHAN) SHIPBUILDING INC. AS BUILDER
Construction and Sale • December 2nd, 2013 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight

THIS CONTRACT, made this day of , by and between or its guaranteed nominee, a corporation organized and existing under the law of Panama, having its principal office at MMG Tower 16th Floor, 53rd E. Street, Urbanization Marbella, Panama City, Republic of Panama (hereinafter called the “BUYER”), the party of the first part, and, TSUNEISHI GROUP (ZHOUSHAN) SHIPBUILDING INC., a corporation organized and existing under the laws of the People’s Republic of China, having its principal office at Retiao Village, Xiushan Island, Daishan County, Zhoushan City, Zhejiang Province, the People’s Republic of China (hereinafter called the “BUILDER”), the party of the second part.

SHIPBUILDING CONTRACT FOR THE CONSTRUCTION AND SALE OF One (1) 180,000 dwt Drybulk Carrier (HULL NO.: ) BY AND BETWEEN [SUBSIDIARY] (as BUYER) AND DAEWOO SHIPBUILDING & MARINE ENGINEERING CO., LTD. (as BUILDER)
Construction and Sale • December 2nd, 2013 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight • England

BY THIS CONTRACT made the day of by and between , a corporation organized and existing under the laws of the Marshall Island having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands 96960 (the “Buyer”), and DAEWOO SHIPBUILDING & MARINE ENGINEERING CO., LTD., a corporation organized and existing under the laws of the Republic of Korea, having its principal office at 85, Da-dong, Jung-Gu, Seoul, Korea (the “Builder”).

SHIPSALES CONTRACT FOR CONSTRUCTION AND SALE OF ONE (1) DEADWEIGHT 60,200 METRIC TON TYPE SINGLE SCREW MOTOR BULK CARRIER (HULL NO. ) BETWEEN [SUBSIDIARY] AS BUYER AND SUMITOMO CORPORATON AS SELLER
Construction and Sale • December 2nd, 2013 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight • England

THIS CONTRACT, made this , by and between , having its principal registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960 (hereinafter called the “BUYER”), the party of the first part and guaranteed by Scorpio Bulkers Inc. (hereinafter called the “BUYER’S GUARANTOR”), and SUMITOMO CORPORATION, a corporation organized and existing under the laws of Japan, having its principal office at 1-8-11, Harumi, Chuo-ku, Tokyo, Japan (hereinafter called the “SELLER”), the party of the second part,

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