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Charterers to give Owners 25 days notice with laydays spreading over 10 days (for all load ports except IRAN for which laydays will be 05 days), requesting Owners for nomination of vessel. However, 25 days notice period will not be applicable for the laydays in respect of lifting(s) during the first month of the Contract period, and on Charterers advice the Owners shall nominate vessel(s) for given laydays.

Clause 53(b)

Notwithstanding this COA, the charterers may contract with other parties for transportation of cargo from the port(s) of loading mentioned in this COA, interalia, in the following situations:-

(i) The shiponwer has failed to nominate a vessel within
agreed time.

(ii) Due to emergent requirement of raw materials the
charterers have less than 25 days time to nominate a
vessel to meet laycans. However, in such situation,
the charterers will firstly offer the shipowner to
provide the vessel to meet laycans within such
short time.

DCE-Incharge (Shipping)
Pakistan Steel

PAKISTAN STEEL
(SHIPPING DEPARTMENT)

TENDER NOTICE 2010-2011 FOR COAL FREIGHT OFFER

PAKISTAN STEEL INVITES FIRM FREIGHT OFFERS ON FIOST BASIS FROM THE REPUTED SHIP-OWNERS / DESPONENT OWNERS FOR CONTRACT OF AFFREIGHTMENT FOR THE CARRIAGE OF COAL AS PER FOLLOWING DETAILS:

1 PERIOD OF CONTRACT                       1st September 2010 to 31st August 2011

2 TENTATIVE QTY (METRIC TON)        

250,000 MT ( + 10% CHOPT ) Port Newcastle, Australia
450,000 MT (+ 10% CHOPT) Port Gladstone, Australia
250,000 MT (+ 10% CHOPT) Port Hay Point, Australia
250,000 MT (+ 10% CHOPT) Port Robert Bank, Canada

3 SIZE OF SHIPMENT                       50,000 MT ( + 10%) MOLOO
4 PORT OF DISCHARGE                   PAKISTAN STEEL TERMINAL, PORT                                                              MUHAMMAD BIN QASIM
5 CHARTER PARTY                           AMERICANIZED WELSH COAL CHARTER

6 PORT OF LOADING                       Port Newcastle, Australia
                                                             Port Gladstone, Australia
                                                             Port Hay Point, Australia
                                                             Port Robert Bank, Canada

7 OTHER TERMS AND CONDITIONS AS STIPULATED IN THE TENDER DOCUMENTS AND NOTIFIED IN OUR GENERAL INSTRUCTIONS.

8. OFFER PROFORMA AND RELEVANT DOCUMENTS MAY BE DOWNLOADED FROM PAK STEEL WEBSITE www.paksteel.com.pk and E-MAIL ADDRESS paksteelshipping@gmail.com and psshipping@cyber.net.pk.

INTERESTED PARTIES MAY OBTAIN THE TENDER DOCUMENTS FROM SHIPPING DEPARTMENT ADMN BLOCK-III , PAKISTAN STEEL, BIN QASIM DURING 0900 HRS TO 1600 HRS OF WORKING DAYS (EXCEPT SATURDAY AND SUNDAY) ON THE PAYMENT OF US$ 50.00 (OR EQUIVALENT PAK RUPEES) NON-REFUNDABLE IN THE SHAPE OF PAY ORDER IN FAVOUR OF PAKISTAN STEEL.
SEALED OFFER ALONGWITH RELEVANT DOCUMENTS SHOULD REACH IN THE OFFICE DIRECTOR (FINANCE), ADMN BUILDING HEAD OFFICE BIN QASIM KARACHI, OR DROP IN THE TENDER BOX PLACED THERE ON OR BEFORE 1030 HRS ON 29.07.2010.
THE SEALED OFFERS WILL BE OPENED ON 29.07.2010 AT 1100 HRS BEFORE THE BIDDERS OR THEIR AUTHORIZED REPRESENTATIVES IN THE BOARD ROOM, HEAD OFFICE BUILDING, PAKISTAN STEEL, BIN QASIM, KARACHI

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DCE-Incharge (Shipping)