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EXPRESSION OF INTEREST - Vizag Steel

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EOI for End to End Solutions T&S/10/003agreement, which is based on the 40,000 MT per day discharge rate forCoking Coal / Pulverised coal / Steam / Boiler coal for the additional timetaken to unload the Cargo owing to shortfall in the guaranteed dischargerate, subject to a maximum of the following:(i)USD 36,700 per 24 hours or pro-rata for Panamax vessels.(c)Despatch Earning: Any despatch money accrued to RINL as per the terms of itscharter party agreement shall be shared equally between RINL and thecontractor in the event of contractor berthing RINL Vessel within 12 hours (of theallowed maximum free time of 24 hours) from time of arrival of Vessel “on roads”and the “notice of readiness” is issued by “Vessel Master” for berthing of VesselHowever, in the event RINL Vessel is berthed between 12 to 24 hours after“notice of readiness” is issued, 12 hours of despatch earnings shall accrue toRINL in full and despatch earnings for balance time if any shall be shared equallybetween RINL and the contractor. Further the despatch money shall be shared ,subject to the following limits on the contractor share in respect of any Vessel:(i)USD 18,350 per 24 hours or pro-rata for handymax Vessels.(d)The Demurrage / Despatch limits as mentioned at Clauses 5(b) and 5 (c)above will be reviewed category wise annually for effecting upwardrevision and to re-fix it at a level equal to the average demurrage rates ofthe vessels chartered by RINL in the immediate preceding year or theapplicable ceiling rate in the preceding year which ever is higher.(e) The cargo handling operations will follow appropriate safetystandards.(f)(g)(i)(j)(k)The contractor shall ensure proper cleaning of the hatches after dischargeto the satisfaction of the Master of the Vessel.The contractor’s responsibility is limited to handling one RINL Vessel atthe berth at one time and any RINL Vessel waiting for berthing while aRINL Vessel is already working at the berth may wait on account RINL.Such vessels will be berthed within 24 hrs of free time after the first vesselis vacated.Time counting for the purpose of calculating discharge rate shall start oncompletion of draft survey and continues till completion of discharge.Initial draft survey and other exclusions / inclusions shall be applicable asper charter party agreement in respect of lay time.Upon berthing if found that the Vessel is not ready in all aspects (includingdocumentation and Vessel related payments) to discharge cargo, thenotice of readiness (NOR) issued shall be invalid. A fresh NOR shall bePage 7 of 42

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