Eritrea Award03-016B

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Award August 1, 2003

Universal Shipping Co. provides the following booking details for Bulk Wheat to Eritrea under IFB No. ER-FFP-03-016B:

VESSEL: 
U.S. FLAG ITB BARGE "MARIE FLOOD"
U.S. FLAG TUG "JANIS GUZZLE"

CARGO AND QUANTITY: 
32,610 MT MINIMUM/MAXIMUM BULK WHEAT 
(PLUS EMPTY BAGS AND TWINE TO BE CARRIED FREIGHT FREE)

LOADING: 
1/2 SB 1/2 SP U.S. GULF

DISCHARGING: 
1/2 SB MASSAWA, ERTIREA

LAYDAYS: 
AUGUST 13-23, 2003

DEM/DES: 
$12,000/HD AT LOADPORT
$8,000/HD AT DISCHARGE PORT

FRT RATE: 
$111.17 PER MT BASIS 1/1 LOAD/DISCH PORT
PLUS $2.50 PER MT EXTRA ON ENTIRE CARGO FOR SECOND 
LOADPORT, IF USED.

ONE WAY RATE: 
$79.15 PER MT

TERMS: 
LOAD - 7,500 MT WWDSSHEX EIU
DISCHARGE - 1,200 MT WWDSSHEX EIU

OTHERWISE AS PER TERMS AND CONDITIONS OF FREIGHT TENDER AND ERITREA PROFORMA CHARTER PARTY.

Tender July 23, 2002

03-016B

Freight Tender: Eritrea / Food For Progress / Bulk Wheat 

UNIVERSAL SHIPPING COMPANY, INC. AS AGENT FOR THE GOVERNMENT OF ERITREA,
REQUESTS OFFERS OF U.S. AND NON U.S. FLAG GEARED AND GEARLESS VESSELS TO 
LIFT THE FOLLOWING CARGO UNDER THE FOOD FOR PROGRESS PROGRAM ON THE FOLLOWING BASIS:
1. IFB No. ER-FFP-03-016B
2. COMMODITY: WHEAT IN BULK
3. QUANTITY/LAYDAYS:
-APPROXIMATELY 32,610 MT WHEAT IN BULK
OFFERORS SHOULD CONSIDER OFFERING VESSELS TO CARRY A RANGE OF TONNAGES IN
THE EVENT THAT THE QUANTITIES PURCHASED ARE MORE OR LESS THAN THE
QUANTITIES STATED IN THIS TENDER. CONTRACTED QUANTITY TO BE ON A MIN/MAX BASIS.
-LAYDAYS: AUGUST 13-23, 2003
OFFERS SUBMITTED UNDER THIS INVITATION ARE REQUIRED TO HAVE A CANCELING DATE NO LATER THAN THE LAST CONTRACT LAYDAY AS ABOVE, AND THE VESSELS WHICH ARE OFFERED WITH A CANCELING DATE BEYOND THE LAYDAYS SPECIFIED ABOVE WILL NOT BE CONSIDERED.
-WHEAT IS TO BE ACCOMPANIED WITH 102 PERCENT EMPTY BAGS AND TWINE TO BE
CARRIED FREIGHT FREE. EMPTY BAGS AND TWINE ARE TO BE DELIVERED TO OWNERS OR THEIR APPOINTED AGENTS FREE ALONGSIDE (F.A.S.) POINT OF REST (UNDER COVER) AT OWNERS DESIGNATED LOAD BERTH. OWNERS ARE TO NOMINATE LOAD BERTH(S) FOR THE EMPTY BAGS WITHIN FORTY-EIGHT (48) HOURS AFTER RECEIPT OF CHARTERERS NOMINATION OF LOAD PORT(S) FOR THE CARGO. 
OWNERS DESIGNATED LOAD BERTH MUST PROVIDE A POINT OF REST WITH UNDER
COVER PROTECTION FROM THE WEATHER FOR THE EMPTY BAGS. OWNERS WILL BE
RESPONSIBLE FOR ANY/AND ALL COSTS ASSOCIATED WITH PLACING THE EMPTY BAGS
ABOARD THE VESSEL FROM THEIR F.A.S. POINT OF REST (UNDER COVER). EMPTY
BAGS AND TWINE, WILL BE TRANSPORTED ON VESSEL TO DESTINATION(S)FREIGHT FREE.
-IF CONTRACTED ON PART CARGO BASIS, OWNER IS TO PROVIDE ITINERARY OF 
VESSEL. ANY ADDITIONAL COMPLETION CARGO MUST BE STOWED IN SEPARTE HOLDS, 
MUST BE COMPATIBLE AND NON-INJURIOUS TO ERITREAS FOOD FOR PROGRESS
WHEAT CARGO AND MUST BE DETAILED IN OFFER OR APPROVED BY CHARTERERS/USDA 
IF CONTRACTED AFTER FIXTURE OF ERITREAS CARGO. VESSELS ITINERARY AND
GEOGRAPHIC PROXIMITY OF COMPLEITON CARGO(ES) WILL BE TAKEN INTO
CONSIDERATION BY ERITREA/USDA IN APPROVAL OF SUCH PART CARGO(ES) IN ORDER NOT TO UNDULY IMPEDE DELIVERY OF ERITREAS CARGO TO MASSAWA.
-OWNERS TO PROVIDE 14 (FOURTEEN) DAYS PREADVICE OF VESSEL READINESS TO 
LOAD. THE 14 DAY PREADVICE MUST BE RECEIVED BY CHARTERERS AGENT NO LATER
THAN 11:00 AM (WASHINGTON DC TIME) ON THE BUSINESS DAY IT IS GIVEN. 
PREADVICE RECEIVED AFTER THAT TIME WILL COUNT AS RECEIVED ON THE NEXT
BUSINESS DAY.
4. LOADING: 1/2 SAFE BERTH(S) EACH 1/2 SAFE U.S. PORT(S) OR CANADIAN
TRANSHIPMENT POINTS.
5. DISCHARGING: 1/2 SAFE BERTH(S) MASSAWA, ERITREA.
VESSEL'S LOA NOT TO EXCEED 187 METERS.
FOR YOUR INFORMATION ONLY AND WITHOUT GUARANTEE, THE DRAFT
FOR THE PORT OF MASSAWA:
FOR LOA UP TO 170 M FWD 8.5 M AFT 9.3 M HEAD IN
FOR LOA UP TO 187 M FWD 8.4 M AFT 8.7 M HEAD OUT
FOR LOA UP TO 173 M FWD 7.9 M AFT 8.2 M HEAD IN
IT IS OWNERS SOLE RESPONSIBILITY FOR VESSEL MEETING ALL BERTH RESTRICTIONS AT THE DISCHARGE PORT(S). ANY LIGHTENING REQUIRED AS A RESULT OF VESSELS FAILURE TO MEET BERTH RESTRICTIONS AT THE DISCHARGE PORT(S) IS FOR OWNERS TIME, RISK AND EXPENSE.
6. TERMS:
(A) LOADING TERMS: THE CARGO IS TO BE LOADED ACCORDING TO BERTH
TERMS WITH CUSTOMARY DESPATCH AT THE AVERAGE RATE AS DELINEATED BELOW BASED ON VESSEL'S CONTRACTED QUANTITY. THE RATES ARE BASIS TONS OF 2,204.6 POUNDS PER WEATHER WORKING DAY OF 24 CONSECUTIVE HOURS, SUNDAYS AND HOLIDAYS EXCEPTED, EVEN IF USED. SATURDAYS PER BFC SATURDAY CLAUSE.
BULK CARRIERS:
VESSEL CONTRACTED QUANTITY LOADING GUARANTEE
========================= =================
0 - 9,999.99 MT 4,000 MT PER DAY 
10,000 - 19,999.99 MT 5,000 MT PER DAY
20,000 - 29,999.99 MT 6,000 MT PER DAY
30,000 - 39,999.99 MT 7,500 MT PER DAY
TANKERS:
VESSEL CONTRACTED QUANTITY LOADING GUARANTEE
========================= =================
0 - 9,999.99 MT 4,000 MT PER DAY
10,000-19,999.99 MT 5,000 MT PER DAY
20,000-29,999.99 MT 6,000 MT PER DAY
30,000-AND ABOVE 7,500 MT PER DAY
MULTI-DECKERS: THE LOAD GUARANTEE SHALL BE 3,000 MT PER DAY. LASH/SEABEE BARGES: THE LOAD GUARANTEE SHALL NOT APPLY.
(B) DISCHARGING TERMS: THE CARGO IS TO BE DISCHARGED, FREE OF RISK AND EXPENSE TO THE VESSEL (FREE OUT DISCHARGE), AT THE AVERAGE RATE OF 1,200 MT PER DAY PER WWDSSHEX EIU. FOR LASH/SEABEE BARGES THE DISCHARGE GUARANTEE SHALL NOT APPLY.
(C )DEMURRAGE/DESPATCH IS APPLICABLE AT LOAD AND DISCHARGE PORTS. OWNERS ARE TO SPECIFY DEMURRAGE/DESPATCH RATES IN THEIR OFFER. DESPATCH RATES MUST BE ONE-HALF OF DEMURRAGE RATES QUOTED.
(D) LAYTIME IS NON-REVERSIBLE.
-LAYTIME ACCOUNTS ARE TO BE SETTLED DIRECTLY BETWEEN OWNERS
AND COMMODITY SUPPLIER(S) AT LOAD PORT(S). LAYTIME CALCULATION, OVERTIME AND TRIMMING TO BE IN ACCORDANCE TO ADDENDUM NO. 1 OF THE NORTH AMERICAN EXPORT GRAIN ASSOCIATION, INC. F.O.B. CONTRACT NO. 2 (REVISED AS OF AUGUST 1,1988) CLAUSES NOS.1-10 INCLUSIVE, (HEREINAFTER "N.A.E.G.A.") REGARDLESS OF TYPE OF VESSEL. FURTHER THE FOLLOWING MODIFICATIONS TO N.A.E.G.A. WILL APPLY: 
ANYWHERE THE WORD "BUYER" APPEARS, THE WORDS "VESSEL OWNER" SHOULD BE SUBSTITUTED IN ITS PLACE. UNDER NO CIRCUMSTANCES SHALL CHARTERERS OR CCC BE RESPONSIBLE FOR RESOLVING DISPUTES INVOLVING THE CALCULATION OF LAYTIME OR THE PAYMENT OF DEMURRAGE OR DESPATCH BETWEEN THE VESSEL OWNERS AND THE COMMODITY SUPPLIER(S). ANY/ALL DISPUTES BETWEEN VESSEL OWNERS AND THE COMMODITY SUPPLIER(S) ARISING OUT OF THIS CONTRACT RELATING TO THE SETTLEMENT OF LAYTIME ISSUES SHALL BE ARBITRATED IN NEW YORK SUBJECT TO THE RULES OF THE SOCIETY OF MARITIME ARBITRATORS, INC.
-DISCHARGE PORT LAYTIME ACCOUNTS ARE TO BE SETTLED DIRECTLY
BETWEEN CHARTERER AND VESSEL OWNER. VESSEL OWNER IS TO PREPARE AND SUBMIT SIGNED DISCHARGE PORT LAYTIME STATEMENT TO CHARTERER'S AGENT, UNIVERSAL SHIPPING CO., INC. FOR APPROVAL WITHIN THIRTY DAYS OF COMPLETION OF DISCHARGE. DISCHARGE PORT NOTICE OF READINESS AND DISCHARGE PORT STATEMENT OF FACTS, BOTH SIGNED ON BEHALF OF CHARTERERS AND VESSEL OWNER ARE TO BE PRESENTED WITH SIGNED DISCHARGE PORT LAYTIME STATEMENT.
-UNDER NO CIRCUMSTANCES SHALL CCC BE RESPONSIBLE FOR RESOLVING
DISPUTES INVOLVING THE CALCULATION OF LAYTIME OR THE PAYMENT OF DEMURRAGE OR DESPATCH BETWEEN CHARTERER AND THE VESSEL OWNER. ANY/ALL DISPUTES BETWEEN CHARTERER AND VESSEL OWNER ARISING OUT OF THIS CONTRACT RELATING TO THE SETTLEMENT OF LAYTIME ISSUES SHALL BE ARBITRATED IN NEW YORK SUBJECT TO THE RULES OF THE SOCIETY OF MARITIME ARBITRATORS, INC.
7. VESSEL TYPE RESTRICTIONS: TOWED BARGES ARE EXCLUDED.
INTEGRATED TUG/BARGE (ITB) UNITS WILL BE CONSIDERED.
8. VESSEL GEAR MUST BE CAPABLE OF OPERATING RECEIVER'S DISCHARGING EQUIPMENT 
(GRABS) AND MUST MEET ALL REQUIREMENTS/REGULATIONS OF MASSAWA PORT
AUTHORITY.
GEARLESS VESSELS MUST SUPPLY DISCHARGING EQUIPMENT AT EACH HATCH IN WHICH
CARGO IS LOADED AT OWNERS EXPENSE. SUCH EQUIPMENT TO BE CAPABLE OF
DISCHARGING CARGO AT A RATE AT LEAST EQUIVALENT TO THE DISCHARGE RATE
STATED ABOVE AND DISCHARGING EQUIPMENT MUST MEET ALL REQUIREMENTS/
REGULATIONS OF MASSAWA PORT AUTHORITY.
CARGO WILL BE DISCHARGED DIRECTLY INTO BAGGING MACHINES. 
-MECHANICAL OR HYDRAULIC HATCH COVERS FOR VESSELS OR RAIN TENTS FOR ALL 
HATCHES ARE REQUIRED. OPENING AND CLOSING OF HATCHES TO BE CARRIED OUT
BY VESSEL'S CREW FREE OF CHARGE TO CHARTERERS. 
-VESSELS AND TUG/BARGE COMBINATION MUST HAVE ALL OPENINGS TO CARGO SPACES 
AND HATCH COVERS SUITABLY SEALED WITH TAPE OR BY OTHER MEANS TO ASSURE 
WATER TIGHT INTEGRITY. THE SEALING SHALL BE DONE TO THE SATISFACTION OF
NCB SURVEYOR AS ATTESTED BY CERTIFICATION OF SPECIAL SURVEY. ALL OF THE
ABOVE TO BE PERFORMED AT VESSEL'S TIME, RISK, AND EXPENSE. SPECIAL
SURVEY CERTIFICATE WILL BE REQUIRED AS A CONDITION OF FREIGHT PAYMENT. 
SEALING OF HATCHES/OPENINGS AND SPECIAL NCB CERTIFICATE IN NO WAY 
DIMINISHES OWNERS RESPONSIBILITY AND LIABILITY TOWARD THE CARGO.
-TUG/BARGE TOW ARRANGEMENT TO BE INSPECTED/CERTIFIED BY THE SALVAGE
ASSOCIATION PRIOR TO LOADING, AT OWNER'S TIME/RISK/EXPENSE. COPY OF SAID
CERTIFICATION TO BE SUBMITTED TO CHARTERERS' AGENT AT TIME OF TENDER NOR
TO LOAD.
9. LIGHTENING, IF REQUIRED, TO BE AT VESSEL OWNERS TIME RISK AND EXPENSE. 
LIGHTENING, IF REQUIRED, IS TO BE PERFORMED IN THE PORT OF MASSAWA,
ERITREA ONLY. LIGHTENING VESSEL(S) MUST MEET ALL TENDER AND MASSAWA PORT
AUTHORITY REQUIREMENTS. COST OF LIGHTENING TO BE STIPULATED IN THE OFFER
(REFER TO CLAUSE 67 OF PROFORMA C/P). IN THE EVENT LIGHTENING IS NOT
PERFORMED AT THE DISCHARGE PORT, SAID LIGHTENING COSTS SHALL BE DEDUCTED
FROM THE FREIGHT.
10. VESSEL MUST BE ABLE TO BE FUMIGATED WITH AN ALUMINUM PHOSPHIDE PREPARATION
IN-TRANSIT IN ACCORDANCE WITH THE USDA/FGIS FUMIGATION HANDBOOK AND
VESSELS THAT CANNOT BE SO FUMIGATED WILL NOT BE CONSIDERED. AT FINAL
LOADING PORT,COMMODITY SUPPLIER WILL ARRANGE AND PAY FOR IN-TRANSIT
FUMIGATION PERFORMED BY A CERTIFIED APPLICATOR IN ACCORDANCE WITH THE
USDA, FGIS FUMIGATION HANDBOOK. FUMIGATION MUST BE WITNESSED BY FGIS,
USDA, AND THE ALUMINUM PHOSPHIDE PREPARATION MUST BE CONTAINED IN
PACKAGING AS DESCRIBED IN THE FUMIGATION HANDBOOK. DUST RETAINERS MUST 
BE USED. FOR TWEENDECKERS AND BULK CARRIERS (INCLUDING PUSH-MODE ITB),
THE RECIRCULATION METHOD OF FUMIGATION WILL BE USED. FOR TANKERS, SURFACE
APPLICATION WILL BE USED. 
TWEEN-DECK VESSELS WILL BE CONSIDERED PROVIDED THEY ARE ACCEPTABLE FOR 
IN-TRANSIT FUMIGATION IN ACCORDANCE WITH FGIS FUMIGATION HANDBOOK. OFFERS
OF SUCH TWEEN-DECK VESSELS MUST BE ACCOMPANIED BY A COPY OF A LETTER FROM
FGIS, USDA, STATING THAT THE VESSEL CAN BE FUMIGATED UNDER THE FGIS IN-TRANSIT FUMIGATION PROCEDURES.
11. AT THE DISCHARGE PORT AND UPON INSPECTION BY GOVERNMENT/RECEIVERS
INSPECTORS, IF CARGO AND/OR VESSEL IS FOUND TO BE INFESTED, AND PROVIDED
CLEAN BILLS OF LADING WERE ISSUED, FUMIGATION COSTS, IF ANY, ARE FOR
OWNERS (VESSELS) ACCOUNT, AND TIME USED IS TO COUNT FOR U.S. FLAG VESSELS;
AND NOT TO COUNT FOR NON U.S. FLAG VESSELS.
12. FREIGHT RATE TO BE QUOTED PER METRIC TON BASIS VESSEL LOAD/FREE OUT ONE
LOADING PORT TO ONE DISCHARGING PORT. ADDITIONAL FREIGHT CHARGE MUST BE
STATED FOR ADDITIONAL LOADING PORT(S) AND WILL BE CONSIDERED IN
DETERMINING LOWEST LANDED COST IN THOSE SITUATIONS WHERE COMMODITIES ARE
LIKELY TO BE LOADED AT MORE THAN ONE PORT.
13. FREIGHT OFFERS SHOULD NOT CONTAIN A "DETENTION RATE". FREIGHT OFFERS WILL
NOT BE CONSIDERED NON RESPONSIVE SOLELY BECAUSE A DETENTION RATE WAS GIVEN
HOWEVER THE RELATED CHARTER PARTIES AND LINER BOOKING CONTRACTS MAY NOT
CONTAIN A DETENTION RATE.
14. NON U.S. FLAG VESSELS MUST BE REGISTERED HIGHEST IN LLOYDS OR EQUIVALENT
AND SHOULD NOT BE MORE THAN 20 YEARS OLD.
15. NON-VESSELS OPERATING COMMON CARRIERS (NVOCC) MAY NOT BE EMPLOYED TO CARRY U.S. OR FOREIGN FLAG SHIPMENTS.
16. ONLY OFFERS OF NAMED VESSELS WITH FULL PARTICULARS PROVIDED WILL BE
CONSIDERED.
17. ANY EXTRA INSURANCE ON CARGO AND FREIGHT DUE TO VESSELS AGE, CLASS, TYPE,
FLAG OR OWNERSHIP OF THE VESSEL IS TO BE FOR OWNERS ACCOUNT, BUT NOT TO
EXCEED NEW YORK MARKET RATES FOR U.S. FLAG VESSELS AND LONDON MARKET
RATES FOR NON U.S. FLAG VESSELS.
OWNERS OF TUG-BARGE MUST ALSO HAVE TOW ARRANGEMENT DULY INSPECTED AND
CERTIFIED BY THE SALVAGE ASSOCIATIONS INSPECTOR AT OWNERS EXPENSE.
18. CARGO SHALL NOT BE LOADED INTO DEEP/WING TANKS AND OTHER SPACES WHICH ARE
NOT DIRECTLY ACCESSIBLE TO GRAB DISCHARGE.
19. -U.S. FLAG APPROVED FREIGHT RATE(S) WILL BE REDUCED TO A LEVEL NOT HIGHER
THAN THE MARITIME ADMINISTRATION FAIR AND REASONABLE RATE IN THE EVENT
THAT ORIGINALLY APPROVED VESSEL IS SUBSTITUTED BY A LOWER COST VESSEL.
ONE WAY RATE MUST BE QUOTED IN ADDITION TO ROUND TRIP RATE FOR U.S. NON
LINER VESSELS WHOSE DATE OF ORIGINAL "REPEAT" ORIGINAL (NOT REBUILT DATE)
CONSTRUCTION EXCEEDS 15 YEARS FROM DATE OF FIXTURE.
-FREIGHT RATE FOR U.S. FLAG VESSELS OFFERING BASIS FULL CARGO BUT LOADING
LESS THAN A FULL CARGO, THE LESS THAN FULL CARGO FREIGHT RATE WILL BE
SUBJECT TO A REDUCTION TO MEET ANY REVISED MARAD FREIGHT RATE GUIDELINE
DUE TO VESSEL LOADING OTHER ADDITIONAL CARGO.
-OFFERS OF U.S. FLAG VESSELS WILL NOT BE CONSIDERED IF THE VESSEL OPERATOR
HAS NOT PROVIDED THE MARITIME ADMINISTRATION WITH THE VESSEL COSTS PRIOR
TO SUBMISSION OF THE OFFER. 
-U.S. FLAG VESSELS OFFERED SUBJECT TO MARAD APPROVAL WILL NOT BE
CONSIDERED. IF MARAD APPROVAL OF VESSEL IS REQUIRED, SAME MUST BE
OBTAINED BEFORE SUBMISSION OF OFFERS.
-U.S. FLAG VESSELS OVER 15 YEARS OLD MUST OFFER AN ALTERNATIVE FREIGHT
RATE TO BE APPLICABLE IN THE EVENT THE VESSEL IS EITHER SCRAPPED OR 
VESSEL OWNERSHIP IS TRANSFERRED TO ANOTHER OWNER AFTER DISCHARGE AT
DESTINATION, BUT PRIOR TO ITS RETURN TO THE UNITED STATES.
20. OFFERS RECEIVED SHALL BE CONSIDERED TO WARRANT THAT THE OFFERED VESSEL IS
FREE FROM ANY LIEN AND ENCUMBRANCE FULLY INSURED AND ENTERED IN A P AND I CLUB.
21. OFFERS OF NAMED VESSELS ONLY, NO VESSEL SUBSTITUTION IS PERMITTED WITHOUT
CHARTERER'S/USDA'S APPROVAL.
22. ISM CODE: OWNERS GUARANTEE THAT THIS VESSEL COMPLIES FULLY WITH THE
INTERNATIONAL SAFETY MANAGEMENT (ISM) CODE, IF REQUIRED, AND IS IN
POSSESSION OF A VALID DOCUMENT OF COMPLIANCE AND SAFETY MANAGEMENT
CERTIFICATE AND WILL REMAIN SO FOR THE ENTIRETY OF HER EMPLOYMENT UNDER
THIS CHARTER PARTY. OWNERS ARE TO PROVIDE CHARTERERS WITH SATISFACTORY
EVIDENCE OF COMPLIANCE IF REQUIRED TO DO SO AND TO REMAIN FULLY
RESPONSIBLE FOR ANY AND ALL CONSEQUENCES RESULTING DIRECTLY OR INDIRECTLY
FROM ANY MATTERS ARISING IN CONNECTION WITH THIS VESSEL AND THE ISM CODE.
23. SUBSTANDARD VESSELS: SECTION 408 OF THE COAST GUARD AUTHORIZATION ACT OF
1998, PUBLIC LAW 105-383 (46 USC PARAGRAPH 2302(E)), ESTABLISHES EFFECTIVE
JANUARY 1, 1999, WITH RESPECT TO NON-US FLAG VESSELS AND OPERATORS/OWNERS,
THAT SUBSTANDARD VESSELS AND VESSELS OPERATED BY OPERATORS/OWNERS OF
SUBSTANDARD VESSELS ARE PROHIBITED FROM THE CARRIAGE OF GOVERNMENT
IMPELLED (PREFERENCE) CARGOES(ES) FOR UP TO ONE YEAR AFTER SUCH
SUBSTANDARD DETERMINATION HAS BEEN PUBLISHED ELECTRONICALLY. AS THE CARGO
ADVERTISED IN THIS IFB IS A GOVERNMENT IMPELLED (PREFERENCE) CARGO,
OFFERORS MUST WARRANT THAT VESSEL(S) AND OWNERS/OPERATORS ARE NOT
DISQUALIFIED TO CARRY SUCH GOVERNMENT IMPELLED (PREFERENCE) CARGOES).
24. OFFERORS ARE ENCOURAGED TO INCLUDE ALL INFORMATION AS LISTED BELOW AND IN
THE FORMAT AS FOLLOWS:
A. VESSEL NAME, FLAG, YEAR BUILT, VESSEL TYPE, DWT, HOLDS,
HATCHES(SIZES), GEAR, LOA, BEAM, SPEED, CLASS, OWNERS
NAME, SALT WATER ARRIVAL DRAFT AT DISPORT
B. CARGO
C. LOAD/DISCHARGE PORTS
D. LOAD/DISCHARGE RATES
E. LAYDAYS
F. ETA AT LOAD PORT
G. FREIGHT RATE PER MT AND ADDITIONAL FREIGHT FOR
ADDITIONAL PORT(S)
H. DEMURRAGE-DESPATCH
I. TRANSIT TIME AND PORTS OF CALL IN TRANSIT, IF ANY
J. COMMISSIONS
K. TERMS
L. REMARKS
M. NAME AND TELEPHONE NUMBER OF CONTACT PERSON.
25. ALL OFFERS AND SUBSEQUENT AWARDS OF CONTRACTS WILL BE SUBJECT TO THE
PROVISIONS OF THE FOOD FOR PROGRESS ACT OF 1985 AND ALL APPLICABLE U.S. DEPARTMENT OF AGRICULTURE REGULATIONS PURSUANT THERETO.
26. OFFERS MUST BE SUBMITTED BASIS CURRENT ERITREA GOVERNMENT PROFORMA
CHARTER PARTY FOR FOOD FOR PROGRESS BULK WHEAT (NORGRAIN 89 ADAPTED BY THE GOVERNMENT OF ERITREA JULY 2003) AND THIS IFB.
27. FREIGHT PAYMENT:
PLEASE NOTE PROVISION IN CHARTER PARTY CLAUSE 46 REGARDING PAYMENT BY ELECTRONIC TRANSFER. 
28. BROKERAGE COMMISSION IS PAYABLE BY OWNERS ON GROSS FREIGHT, DEADFREIGHT,
AND DEMURRAGE TO UNIVERSAL SHIPPING, CO. AS FOLLOWS: 2.5 PERCENT IF THE FIXTURE IS ARRANGED WITHOUT OWNER'S BROKER AND IF OWNERS' BROKER IS INVOLVED, 2/3RDS OF 2.5 PERCENT IS PAYABLE TO UNIVERSAL SHIPPING AND
1/3RD OF 2.5 PERCENT IS PAYABLE TO OWNERS' BROKER.
29. OFFERS TO BE RECEIVED BY:
UNIVERSAL SHIPPING COMPANY, INC.
2300 CLARENDON BLVD., SUITE 1004
ARLINGTON, VA 22201
TELEPHONE: 202-298-6100 OR 703-522-5780
FAX: 703-522-9417
U.S. AND NON U.S. FLAG OFFERS WILL BE OPENED IN PUBLIC AT UNIVERSAL
SHIPPING CO. OFFICE AT 1100 HOURS WASHINGTON, D.C. TIME, MONDAY JULY 28, 2003, AND REMAIN VALID UNTIL CLOSE OF BUSINESS WASHINGTON, D.C. TIME, FRIDAY, AUGUST 1, 2003.
OFFERS WILL NOT BE ACCEPTED BY TELEPHONE. ONLY OFFERS WHICH 
ARE RESPONSIVE TO THIS TENDER WILL BE CONSIDERED, AND NO 
NEGOTIATION IS PERMITTED. CHARTERERS RESERVE THE RIGHT TO 
ACCEPT OR REJECT ANY OR ALL OFFERS.
IF A FAX OFFER IS CONNECTED TO OUR FAX MACHINE BEFORE 1100 HRS WASHINGTON,
D.C. TIME, AS PRINTED ON OFFER (BASED ON EASTERN STANDARD/EASTERN DAYLIGHT
SAVING TIME, AS APPROPRIATE) AND CONTINUES TRANSMITTING PAST 1100 
HOURS UNTIL COMPLETION, CHARTERERS WILL CONSIDER THE OFFER AS IF IT HAD
COMPLETED TRANSMITTING BEFORE 1100 HOURS, HOWEVER, CHARTERERS WILL NOT
CONSIDER ANY FAX OFFER WHICH CONNECTS TO OUR FAX MACHINE AFTER 1100 HOURS.
OFFERS SUBJECT OPEN WILL BE CONSIDERED IF LIFTED LATEST BY 1100 HOURS WASHINGTON, D.C. ON JULY 29, 2003.

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