Exhibit 10.30
SHIPBUILDING CONTRACT
FOR
THE CONSTRUCTION AND SALE OF
ONE (1) 6,500 TEU CLASS CONTAINER CARRIER
HULL NO. S4004
BETWEEN
BOXCARRIER (NO.4) CORP.
(AS BUYER)
AND
SUNGDONG SHIPBUILDING & MARINE ENGINEERING CO., LTD.
(AS BUILDER)
I N D E X
PAGE
PREAMBLE
1
ARTICLE I : DESCRIPTION AND CLASS
2
II
: CONTRACT PRICE
5
III
: ADJUSTMENT OF THE CONTRACT PRICE
6
IV
: INSPECTION AND APPROVAL
10
V
: MODIFICATIONS, CHANGES AND EXTRAS
15
VI
: TRIALS AND COMPLETION
18
VII
: DELIVERY
22
VIII : DELAYS AND EXTENSIONS OF TIME (FORCE MAJEURE)
25
I N D E X
SCHEDULES
EXHIBIT “A” REFUND GUARANTEE LETTER OF REFUNDMENT GUARANTEE
EXHIBIT “B” PERFORMANCE GUARANTEE
PAGE
PREAMBLE
1
ARTICLE I : DESCRIPTION AND CLASS
2
II
: CONTRACT PRICE
5
III
: ADJUSTMENT OF THE CONTRACT PRICE
6
IV
: INSPECTION AND APPROVAL
10
V
: MODIFICATIONS, CHANGES AND EXTRAS
15
VI
: TRIALS AND COMPLETION
18
VII
: DELIVERY
22
VIII : DELAYS AND EXTENSIONS OF TIME (FORCE MAJEURE)
25
IX
: WARRANTY OF QUALITY
28
X
: PAYMENT
33
XI
: BUYER’S DEFAULT
38
XII
: BUYER’S SUPPLIES
41
XIII : INSURANCE
43
XIV : ARBITRATION
44
XV : SUCCESSORS AND ASSIGNS
46
XVI : TAXES AND DUTIES
47
XVII : PATENTS, TRADEMARKS AND COPYRIGHTS
48
XVIII : INTERPRETATION AND GOVERNING LAW
49
XIX : NOTICE
50