8/18/20 9:23AM

Fill in this information to identify your case:

United States Bankruptcy Court for the:

SOUTHERN DISTRICT OF FLORIDA

Case number (if known) Chapter 7

 Check if this an

amended filing

Official Form 201

Voluntary Petition for Non-Individuals Filing for Bankruptcy 04/20

If more space is needed, attach a separate sheet to this form. On the top of any additional pages, write the debtor's name and the case number (if

known). For more information, a separate document, Instructions for Bankruptcy Forms for Non-Individuals, is available.

1. Debtor's name Teras Breakbulk Ocean Navigation Enterprises, LLC

2. All other names debtor

used in the last 8 years

Include any assumed

names, trade names and

doing business as names

FKA Teras BBC Ocean Navigation Enterprises Houston, LLC

3. Debtor's federal

Employer Identification

Number (EIN)

27-3409853

4. Debtor's address Principal place of business Mailing address, if different from principal place of

business

5358 33rd Ave NW, Suite 104

Gig Harbor, WA 98335

Number, Street, City, State & ZIP Code P.O. Box, Number, Street, City, State & ZIP Code

Pierce Location of principal assets, if different from principal

County place of business

Number, Street, City, State & ZIP Code

5. Debtor's website (URL)

6. Type of debtor  Corporation (including Limited Liability Company (LLC) and Limited Liability Partnership (LLP))

 Partnership (excluding LLP)

 Other. Specify:

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 1

Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 1 of 52
 8/18/20 9:23AM

Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

7. Describe debtor's business A. Check one:

 Health Care Business (as defined in 11 U.S.C. § 101(27A))

 Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B))

 Railroad (as defined in 11 U.S.C. § 101(44))

 Stockbroker (as defined in 11 U.S.C. § 101(53A))

 Commodity Broker (as defined in 11 U.S.C. § 101(6))

 Clearing Bank (as defined in 11 U.S.C. § 781(3))

 None of the above

B. Check all that apply

 Tax-exempt entity (as described in 26 U.S.C. §501)

 Investment company, including hedge fund or pooled investment vehicle (as defined in 15 U.S.C. §80a-3)

 Investment advisor (as defined in 15 U.S.C. §80b-2(a)(11))

C. NAICS (North American Industry Classification System) 4-digit code that best describes debtor.

 See http://www.uscourts.gov/four-digit-national-association-naics-codes.

8. Under which chapter of the

Bankruptcy Code is the

debtor filing?

A debtor who is a “small

business debtor” must check

the first sub-box. A debtor as

defined in § 1182(1) who

elects to proceed under

subchapter V of chapter 11

(whether or not the debtor is a

“small business debtor”) must

check the second sub-box.

Check one:

 Chapter 7

 Chapter 9

 Chapter 11. Check all that apply:

 The debtor is a small business debtor as defined in 11 U.S.C. § 101(51D), and its aggregate

noncontingent liquidated debts (excluding debts owed to insiders or affiliates) are less than

$2,725,625. If this sub-box is selected, attach the most recent balance sheet, statement of

operations, cash-flow statement, and federal income tax return or if any of these documents do not

exist, follow the procedure in 11 U.S.C. § 1116(1)(B).

 The debtor is a debtor as defined in 11 U.S.C. § 1182(1), its aggregate noncontingent liquidated

debts (excluding debts owed to insiders or affiliates) are less than $7,500,000, and it chooses to

proceed under Subchapter V of Chapter 11. If this sub-box is selected, attach the most recent

balance sheet, statement of operations, cash-flow statement, and federal income tax return, or if

any of these documents do not exist, follow the procedure in 11 U.S.C. § 1116(1)(B).

 A plan is being filed with this petition.

 Acceptances of the plan were solicited prepetition from one or more classes of creditors, in

accordance with 11 U.S.C. § 1126(b).

 The debtor is required to file periodic reports (for example, 10K and 10Q) with the Securities and

Exchange Commission according to § 13 or 15(d) of the Securities Exchange Act of 1934. File the

Attachment to Voluntary Petition for Non-Individuals Filing for Bankruptcy under Chapter 11

(Official Form 201A) with this form.

 The debtor is a shell company as defined in the Securities Exchange Act of 1934 Rule 12b-2.

 Chapter 12

9. Were prior bankruptcy

cases filed by or against

the debtor within the last 8

years?

 No.

 Yes.

If more than 2 cases, attach a

separate list. District When Case number

District When Case number

10. Are any bankruptcy cases

pending or being filed by a

business partner or an

affiliate of the debtor?

 No

 Yes.

List all cases. If more than 1,

attach a separate list Debtor Relationship

District When Case number, if known

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 2

Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 2 of 52
 8/18/20 9:23AM

Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

11. Why is the case filed in

this district?

Check all that apply:

 Debtor has had its domicile, principal place of business, or principal assets in this district for 180 days immediately

preceding the date of this petition or for a longer part of such 180 days than in any other district.

 A bankruptcy case concerning debtor's affiliate, general partner, or partnership is pending in this district.

12. Does the debtor own or

have possession of any

real property or personal

property that needs

immediate attention?

 No

 Yes. Answer below for each property that needs immediate attention. Attach additional sheets if needed.

Why does the property need immediate attention? (Check all that apply.)

 It poses or is alleged to pose a threat of imminent and identifiable hazard to public health or safety.

What is the hazard?

 It needs to be physically secured or protected from the weather.

 It includes perishable goods or assets that could quickly deteriorate or lose value without attention (for example,

livestock, seasonal goods, meat, dairy, produce, or securities-related assets or other options).

 Other

Where is the property?

Number, Street, City, State & ZIP Code

Is the property insured?

 No

 Yes. Insurance agency

Contact name

Phone

Statistical and administrative information

13. Debtor's estimation of

available funds

. Check one:

 Funds will be available for distribution to unsecured creditors.

 After any administrative expenses are paid, no funds will be available to unsecured creditors.

14. Estimated number of

creditors

 1-49

 50-99

 100-199

 200-999

 1,000-5,000

 5001-10,000

 10,001-25,000

 25,001-50,000

 50,001-100,000

 More than100,000

15. Estimated Assets  $0 - $50,000

 $50,001 - $100,000

 $100,001 - $500,000

 $500,001 - $1 million

 $1,000,001 - $10 million

 $10,000,001 - $50 million

 $50,000,001 - $100 million

 $100,000,001 - $500 million

 $500,000,001 - $1 billion

 $1,000,000,001 - $10 billion

 $10,000,000,001 - $50 billion

 More than $50 billion

16. Estimated liabilities  $0 - $50,000

 $50,001 - $100,000

 $100,001 - $500,000

 $500,001 - $1 million

 $1,000,001 - $10 million

 $10,000,001 - $50 million

 $50,000,001 - $100 million

 $100,000,001 - $500 million

 $500,000,001 - $1 billion

 $1,000,000,001 - $10 billion

 $10,000,000,001 - $50 billion

 More than $50 billion

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 3

Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 3 of 52
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Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

Request for Relief, Declaration, and Signatures

WARNING -- Bankruptcy fraud is a serious crime. Making a false statement in connection with a bankruptcy case can result in fines up to $500,000 or

imprisonment for up to 20 years, or both. 18 U.S.C. §§ 152, 1341, 1519, and 3571.

17. Declaration and signature

of authorized

representative of debtor

The debtor requests relief in accordance with the chapter of title 11, United States Code, specified in this petition.

I have been authorized to file this petition on behalf of the debtor.

I have examined the information in this petition and have a reasonable belief that the information is true and correct.

I declare under penalty of perjury that the foregoing is true and correct.

Executed on August 18, 2020

MM / DD / YYYY

X /s/ Timothy Lord Timothy Lord

Signature of authorized representative of debtor Printed name

Title General Counsel

18. Signature of attorney X /s/ Richard L. Richards Date August 18, 2020

Signature of attorney for debtor MM / DD / YYYY

Richard L. Richards 9415

Printed name

RICHARDS LEGAL GROUP

Firm name

55 Miracle Mile, Suite 310

Miami, FL 33134

Number, Street, City, State & ZIP Code

Contact phone (305) 448-2228 Email address rrichards@richpa.net

9415 FL

Bar number and State

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 4

Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 4 of 52
 8/18/20 9:23AM

Fill in this information to identify the case:

Debtor name Teras Breakbulk Ocean Navigation Enterprises, LLC

United States Bankruptcy Court for the: SOUTHERN DISTRICT OF FLORIDA

Case number (if known)

 Check if this is an

amended filing

Official Form 202

Declaration Under Penalty of Perjury for Non-Individual Debtors 12/15

An individual who is authorized to act on behalf of a non-individual debtor, such as a corporation or partnership, must sign and submit this

form for the schedules of assets and liabilities, any other document that requires a declaration that is not included in the document, and any

amendments of those documents. This form must state the individual’s position or relationship to the debtor, the identity of the document,

and the date. Bankruptcy Rules 1008 and 9011.

WARNING -- Bankruptcy fraud is a serious crime. Making a false statement, concealing property, or obtaining money or property by fraud in

connection with a bankruptcy case can result in fines up to $500,000 or imprisonment for up to 20 years, or both. 18 U.S.C. §§ 152, 1341,

1519, and 3571.

Declaration and signature

I am the president, another officer, or an authorized agent of the corporation; a member or an authorized agent of the partnership; or another

individual serving as a representative of the debtor in this case.

I have examined the information in the documents checked below and I have a reasonable belief that the information is true and correct:

 Schedule A/B: Assets–Real and Personal Property (Official Form 206A/B)

 Schedule D: Creditors Who Have Claims Secured by Property (Official Form 206D)

 Schedule E/F: Creditors Who Have Unsecured Claims (Official Form 206E/F)

 Schedule G: Executory Contracts and Unexpired Leases (Official Form 206G)

 Schedule H: Codebtors (Official Form 206H)

 Summary of Assets and Liabilities for Non-Individuals (Official Form 206Sum)

 Amended Schedule

 Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured Claims and Are Not Insiders (Official Form 204)

 Other document that requires a declaration

I declare under penalty of perjury that the foregoing is true and correct.

Executed on August 18, 2020 X /s/ Timothy Lord

Signature of individual signing on behalf of debtor

Timothy Lord

Printed name

General Counsel

Position or relationship to debtor

Official Form 202 Declaration Under Penalty of Perjury for Non-Individual Debtors

Software Copyright (c) 1996-2020 Best Case, LLC - www.bestcase.com Best Case Bankruptcy

Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 5 of 52
 8/18/20 9:23AM

Fill in this information to identify the case:

Debtor name Teras Breakbulk Ocean Navigation Enterprises, LLC

United States Bankruptcy Court for the: SOUTHERN DISTRICT OF FLORIDA

Case number (if known)

 Check if this is an

amended filing

Official Form 206Sum

Summary of Assets and Liabilities for Non-Individuals 12/15

Part 1: Summary of Assets

1. Schedule A/B: Assets-Real and Personal Property (Official Form 206A/B)

1a. Real property:

 Copy line 88 from Schedule A/B............................................................................................................................. $ 0.00

1b. Total personal property:

 Copy line 91A from Schedule A/B......................................................................................................................... $ 2,506,025.21

1c. Total of all property:

 Copy line 92 from Schedule A/B........................................................................................................................... $ 2,506,025.21

Part 2: Summary of Liabilities

2. Schedule D: Creditors Who Have Claims Secured by Property (Official Form 206D)

Copy the total dollar amount listed in Column A, Amount of claim, from line 3 of Schedule D.................................... $ 0.00

3. Schedule E/F: Creditors Who Have Unsecured Claims (Official Form 206E/F)

3a. Total claim amounts of priority unsecured claims:

 Copy the total claims from Part 1 from line 5a of Schedule E/F.......................................................................... $ 0.00

3b. Total amount of claims of nonpriority amount of unsecured claims:

 Copy the total of the amount of claims from Part 2 from line 5b of Schedule E/F................................................ +$ 18,482,265.29

4. Total liabilities .......................................................................................................................................................

Lines 2 + 3a + 3b $ 18,482,265.29

Official Form 206Sum Summary of Assets and Liabilities for Non-Individuals page 1

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Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 6 of 52
 8/18/20 9:23AM

Fill in this information to identify the case:

Debtor name Teras Breakbulk Ocean Navigation Enterprises, LLC

United States Bankruptcy Court for the: SOUTHERN DISTRICT OF FLORIDA

Case number (if known)

 Check if this is an

amended filing

Official Form 206A/B

Schedule A/B: Assets - Real and Personal Property 12/15

Disclose all property, real and personal, which the debtor owns or in which the debtor has any other legal, equitable, or future interest.

Include all property in which the debtor holds rights and powers exercisable for the debtor's own benefit. Also include assets and properties

which have no book value, such as fully depreciated assets or assets that were not capitalized. In Schedule A/B, list any executory contracts

or unexpired leases. Also list them on Schedule G: Executory Contracts and Unexpired Leases (Official Form 206G).

Be as complete and accurate as possible. If more space is needed, attach a separate sheet to this form. At the top of any pages added, write

the debtor’s name and case number (if known). Also identify the form and line number to which the additional information applies. If an

additional sheet is attached, include the amounts from the attachment in the total for the pertinent part.

For Part 1 through Part 11, list each asset under the appropriate category or attach separate supporting schedules, such as a fixed asset

schedule or depreciation schedule, that gives the details for each asset in a particular category. List each asset only once. In valuing the

debtor’s interest, do not deduct the value of secured claims. See the instructions to understand the terms used in this form.

Part 1: Cash and cash equivalents

1. Does the debtor have any cash or cash equivalents?

 No. Go to Part 2.

 Yes Fill in the information below.

All cash or cash equivalents owned or controlled by the debtor Current value of

debtor's interest

3. Checking, savings, money market, or financial brokerage accounts (Identify all)

Name of institution (bank or brokerage firm) Type of account Last 4 digits of account

number

3.1. JP Morgan Chase Checking Account 7265 $0.00

4. Other cash equivalents (Identify all)

5. Total of Part 1. $0.00

Add lines 2 through 4 (including amounts on any additional sheets). Copy the total to line 80.

Part 2: Deposits and Prepayments

6. Does the debtor have any deposits or prepayments?

 No. Go to Part 3.

 Yes Fill in the information below.

7. Deposits, including security deposits and utility deposits

Description, including name of holder of deposit

8. Prepayments, including prepayments on executory contracts, leases, insurance, taxes, and rent

Description, including name of holder of prepayment

8.1.

World Fuel Services, Inc.

08/22/2016

Account no. W66186 $13,000.00

8.2.

OE Durant, Inc.: $4,947.94

11/08/2016

Account no. 1280 $4,947.94

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 1

Software Copyright (c) 1996-2020 Best Case, LLC - www.bestcase.com Best Case Bankruptcy

Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 7 of 52
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Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (If known)

Name

8.3.

Vandeventer Black LLP: $7,000.00

06/04/2018

Account no. 1350 $7,000.00

8.4.

Inmarsat

12/12/2016

Account no. 1300 $10,200.96

8.5.

Inmarsat

12/31/2016

Account no. 1304 $468.23

8.6.

Kibble & Prentice, a USI Co.

12/01/2016

Account no. 2003860 $76,545.00

8.7.

KPI

09/02/2016

Account no. 1133 $200,000.00

8.8.

Meridian Global Consulting, LLC

07/29/2016

Account no. 1075 $20,000.00

8.9.

Meridian Global Consulting, LLC

08/05/2016

Account no. 1082 $5,000.00

8.10

.

Meridian Global Consulting, LLC

08/11/2016

Account no. 1086 $5,000.00

8.11

.

Meridian Global Consulting, LLC

09/07/2016

Account no. 1152 $30,000.00

8.12

.

Portserv International Ltd.

05/27/2016

Account no. W84295 $388,354.61

8.13

.

Portserv International Ltd.

06/24/2016

Account no. W48004 $500,000.00

8.14

.

Portserv International Ltd.

07/15/2016

Account no. W00013 $20,000.00

8.15

.

Portserv International Ltd.

07/20/2016

Account no. W04597 $20,000.00

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 2

Software Copyright (c) 1996-2020 Best Case, LLC - www.bestcase.com Best Case Bankruptcy

Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 8 of 52
 8/18/20 9:23AM

Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (If known)

Name

8.16

.

Portserv International Ltd.

08/01/2016

Account no. 1078 $20,000.00

8.17

.

Portserv International Ltd.

08/10/2016

Account no. 1087 $20,000.00

8.18

.

Portserv International Ltd.

08/19/2016

Account no. 1097 $12,500.00

8.19

.

Portserv International Ltd.

08/26/2016

Account no. 1128 $12,500.00

8.20

.

Portserv International Ltd.

09/02/2016

Account no. 1129 $17,500.00

8.21

.

Portserv International Ltd.

09/09/2016

Account no. 1148 $17,500.00

8.22

.

Portserv International Ltd.

09/16/2016

Account no. 1168 $17,500.00

8.23

.

Portserv International Ltd.

09/23/2016

Account no. 1171 $17,500.00

8.24

.

Progesco Consignaciones S.L.

03/07/2016

Account no. 2016-885 $6,400.00

8.25

.

Rhenus Midgard GmbH & Co.

09/24/2015

Account no. 749 $88,627.71

8.26

.

Versant Funding

12/16/2016

Account no. 1246 $75,000.00

8.27

.

Versant Funding

11/21/2019

Account no. 1378 $500,000.00

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 3

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Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 9 of 52
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Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (If known)

Name

8.28

.

Versant Funding

02/18/2020

Account no. 1390 $200,000.00

8.29

.

Versant Funding

05/14/2020

Account no. 1398 $200,000.00

8.30

.

WSS Pasadena, TX

11/30/2016

Account no. 1252 $480.76

9. Total of Part 2. $2,506,025.21

Add lines 7 through 8. Copy the total to line 81.

Part 3: Accounts receivable

10. Does the debtor have any accounts receivable?

 No. Go to Part 4.

 Yes Fill in the information below.

11. Accounts receivable

11b. Over 90 days old: 12,317.70 - 12,317.70 =.... Unknown

face amount doubtful or uncollectible accounts

11b. Over 90 days old: 0.00 - 0.00 =.... $0.00

face amount doubtful or uncollectible accounts

11b. Over 90 days old: 88,452.00 - 88,452.00 =.... $0.00

face amount doubtful or uncollectible accounts

11b. Over 90 days old: 3,294,193.15 - 3,294,193.15 =.... $0.00

face amount doubtful or uncollectible accounts

11b. Over 90 days old: 1,367,017.58 - 1,367,017.58 =.... $0.00

face amount doubtful or uncollectible accounts

12. Total of Part 3. $0.00

Current value on lines 11a + 11b = line 12. Copy the total to line 82.

Part 4: Investments

13. Does the debtor own any investments?

 No. Go to Part 5.

 Yes Fill in the information below.

Part 5: Inventory, excluding agriculture assets

18. Does the debtor own any inventory (excluding agriculture assets)?

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 4

Software Copyright (c) 1996-2020 Best Case, LLC - www.bestcase.com Best Case Bankruptcy

Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 10 of 52
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Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (If known)

Name

 No. Go to Part 6.

 Yes Fill in the information below.

Part 6: Farming and fishing-related assets (other than titled motor vehicles and land)

27. Does the debtor own or lease any farming and fishing-related assets (other than titled motor vehicles and land)?

 No. Go to Part 7.

 Yes Fill in the information below.

Part 7: Office furniture, fixtures, and equipment; and collectibles

38. Does the debtor own or lease any office furniture, fixtures, equipment, or collectibles?

 No. Go to Part 8.

 Yes Fill in the information below.

Part 8: Machinery, equipment, and vehicles

46. Does the debtor own or lease any machinery, equipment, or vehicles?

 No. Go to Part 9.

 Yes Fill in the information below.

Part 9: Real property

54. Does the debtor own or lease any real property?

 No. Go to Part 10.

 Yes Fill in the information below.

Part 10: Intangibles and intellectual property

59. Does the debtor have any interests in intangibles or intellectual property?

 No. Go to Part 11.

 Yes Fill in the information below.

Part 11: All other assets

70. Does the debtor own any other assets that have not yet been reported on this form?

Include all interests in executory contracts and unexpired leases not previously reported on this form.

 No. Go to Part 12.

 Yes Fill in the information below.

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 5

Software Copyright (c) 1996-2020 Best Case, LLC - www.bestcase.com Best Case Bankruptcy

Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 11 of 52
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Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (If known)

Name

Part 12: Summary

In Part 12 copy all of the totals from the earlier parts of the form

Type of property Current value of

personal property

Current value of real

property

80. Cash, cash equivalents, and financial assets.

Copy line 5, Part 1 $0.00

81. Deposits and prepayments. Copy line 9, Part 2. $2,506,025.21

82. Accounts receivable. Copy line 12, Part 3. $0.00

83. Investments. Copy line 17, Part 4. $0.00

84. Inventory. Copy line 23, Part 5. $0.00

85. Farming and fishing-related assets. Copy line 33, Part 6. $0.00

86. Office furniture, fixtures, and equipment; and collectibles.

Copy line 43, Part 7. $0.00

87. Machinery, equipment, and vehicles. Copy line 51, Part 8. $0.00

88. Real property. Copy line 56, Part 9.........................................................................................> $0.00

89. Intangibles and intellectual property. Copy line 66, Part 10. $0.00

90. All other assets. Copy line 78, Part 11. + $0.00

91. Total. Add lines 80 through 90 for each column $2,506,025.21 + 91b. $0.00

92. Total of all property on Schedule A/B. Add lines 91a+91b=92 $2,506,025.21

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 6

Software Copyright (c) 1996-2020 Best Case, LLC - www.bestcase.com Best Case Bankruptcy

Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 12 of 52
 8/18/20 9:23AM

Fill in this information to identify the case:

Debtor name Teras Breakbulk Ocean Navigation Enterprises, LLC

United States Bankruptcy Court for the: SOUTHERN DISTRICT OF FLORIDA

Case number (if known)

 Check if this is an

amended filing

Official Form 206D

Schedule D: Creditors Who Have Claims Secured by Property 12/15

Be as complete and accurate as possible.

1. Do any creditors have claims secured by debtor's property?

 No. Check this box and submit page 1 of this form to the court with debtor's other schedules. Debtor has nothing else to report on this form.

 Yes. Fill in all of the information below.

Official Form 206D Schedule D: Creditors Who Have Claims Secured by Property page 1 of 1

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Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 13 of 52
 8/18/20 9:23AM

Fill in this information to identify the case:

Debtor name Teras Breakbulk Ocean Navigation Enterprises, LLC

United States Bankruptcy Court for the: SOUTHERN DISTRICT OF FLORIDA

Case number (if known)

 Check if this is an

amended filing

Official Form 206E/F

Schedule E/F: Creditors Who Have Unsecured Claims 12/15

Be as complete and accurate as possible. Use Part 1 for creditors with PRIORITY unsecured claims and Part 2 for creditors with NONPRIORITY unsecured claims.

List the other party to any executory contracts or unexpired leases that could result in a claim. Also list executory contracts on Schedule A/B: Assets - Real and

Personal Property (Official Form 206A/B) and on Schedule G: Executory Contracts and Unexpired Leases (Official Form 206G). Number the entries in Parts 1 and

2 in the boxes on the left. If more space is needed for Part 1 or Part 2, fill out and attach the Additional Page of that Part included in this form.

Part 1: List All Creditors with PRIORITY Unsecured Claims

1. Do any creditors have priority unsecured claims? (See 11 U.S.C. § 507).

 No. Go to Part 2.

 Yes. Go to line 2.

Part 2: List All Creditors with NONPRIORITY Unsecured Claims

3. List in alphabetical order all of the creditors with nonpriority unsecured claims. If the debtor has more than 6 creditors with nonpriority unsecured claims, fill

out and attach the Additional Page of Part 2.

Amount of claim

3.1 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $4,251.84

ABS Nautical Systems

PO Box 915090

Dallas, TX 75391-5090

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1263 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.2 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $5,004.50

Ambassador Services, Inc.

245 Challenger Road A

Cape Canaveral, FL 32920

Date(s) debt was incurred 12/12/2016 

Last 4 digits of account number 354S 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.3 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $3,107.63

American Bureau of Shipping

PO Box 915090

Dallas, TX 75391-5090

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1264 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.4 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $265.00

Applied Weather Technology, Inc.

140 Kifer Court

Sunnyvale, CA 94086

Date(s) debt was incurred 04/05/2016 

Last 4 digits of account number 0148 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206E/F Schedule E/F: Creditors Who Have Unsecured Claims page 1 of 21

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Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.5 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $720.00

Applied Weather Technology, Inc.

140 Kifer Court

Sunnyvale, CA 94086

Date(s) debt was incurred 07/19/2016 

Last 4 digits of account number 0857 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.6 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $335.00

Applied Weather Technology, Inc.

140 Kifer Court

Sunnyvale, CA 94086

Date(s) debt was incurred 07/29/2016 

Last 4 digits of account number 1515 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.7 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $360.00

Applied Weather Technology, Inc.

140 Kifer Court

Sunnyvale, CA 94086

Date(s) debt was incurred 07/31/2016 

Last 4 digits of account number 008d 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.8 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $360.00

Applied Weather Technology, Inc.

140 Kifer Court

Sunnyvale, CA 94086

Date(s) debt was incurred 10/01/2016 

Last 4 digits of account number 567d 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.9 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $900.00

Applied Weather Technology, Inc.

140 Kifer Court

Sunnyvale, CA 94086

Date(s) debt was incurred 11/01/2016 

Last 4 digits of account number 1661 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.10 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $1,080.00

Applied Weather Technology, Inc.

140 Kifer Court

Sunnyvale, CA 94086

Date(s) debt was incurred 11/10/2016 

Last 4 digits of account number 0497 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.11 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $18,370.00

BMS United Bunkers (Asia) Pte Ltd.

8 Shenton Way #32-01A, AXA Tower

Singapore 068811

Date(s) debt was incurred 04/21/2016 

Last 4 digits of account number 4110 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 2 of 21

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Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.12 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $7,004.26

Breakwater International LLC

f/k/a L.A. Maritime Services Inc.

8320 Millet Street

Houston, TX 77012

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1274 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.13 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $5,657.60

Breakwater International LLC

f/k/a L.A. Maritime Services Inc.

8320 Millet Street

Houston, TX 77012

Date(s) debt was incurred 11/16/2016 

Last 4 digits of account number 1301 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.14 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $665,566.00

Colonna's Shipyard, Inc.

400 East Indian River Road

Norfolk, VA 23523

Date(s) debt was incurred 03/31/2016 

Last 4 digits of account number 5457 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.15 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $50.00

Delaware Division of Corporations

401 Federal St #4

Dover, DE 19901

Date(s) debt was incurred 02/15/2017 

Last 4 digits of account number 0117 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.16 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $300.00

Delaware Division of Corporations

401 Federal St #4

Dover, DE 19901

Date(s) debt was incurred 04/05/2017 

Last 4 digits of account number 2814 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.17 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $14,564.58

DNV GL SE

Brooktorkai 18 D-20457

Hamburg

Germany

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1265 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.18 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $14,000.00

DNV GL SE

Brooktorkai 18 D-20457

Hamburg

Germany

Date(s) debt was incurred 11/22/2016 

Last 4 digits of account number 1297 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 3 of 21

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Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.19 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $6,779.26

Drew Marine

100 South Jefferson Road

Whippany, NJ 07981

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1266 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.20 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $435.80

East Coast Ship Supply LLC

755 Central Avenue Unit 1

New Providence, NJ 07974

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1267 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.21 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $38,744.00

Euro-America Shipping & Trade, Inc.

1900 L Street, Suite 303

Washington, DC 20036

Date(s) debt was incurred 08/10/2016 

Last 4 digits of account number 1016 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.22 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $17,400.00

Euro-America Shipping & Trade, Inc.

1900 L Street, Suite 303

Washington, DC 20036

Date(s) debt was incurred 10/14/2016 

Last 4 digits of account number 1416 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.23 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $15,287.50

G.C. Maritime Services LLC

8320 Millet Road

Houston, TX 77012

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1268 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.24 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $56,008.50

Goltens Dubai Trading LLC

Dubai Maritime City, Ship Docking Yard

PO Box 2811

Dubai

United Arab Emirates

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1269 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.25 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $43,245.00

Goltens Dubai Trading LLC

Dubai Maritime City, Ship Docking Yard

PO Box 2811

Dubai

United Arab Emirates

Date(s) debt was incurred 11/25/2016 

Last 4 digits of account number 1298 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 4 of 21

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 8/18/20 9:23AM

Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.26 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $43,295.00

Goltens Red Sea (Saudi Arabia) Co. Ltd.

Opp. King Faisal Naval Base

Al Khumrah Road, PO Box 22709

Jeddah 21481, Saudi Arabia

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1270 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.27 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $305,340.59

Hansa Heavy Lift GmbH

Oberbaumbruecke 1

20457 Hamburg

Germany

Date(s) debt was incurred 07/20/2015 

Last 4 digits of account number 0001 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.28 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $122,625.00

Hansa Heavy Lift GmbH

Oberbaumbruecke 1

20457 Hamburg

Germany

Date(s) debt was incurred 07/03/2016 

Last 4 digits of account number 0014 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.29 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $122,625.00

Hansa Heavy Lift GmbH

Oberbaumbruecke 1

20457 Hamburg

Germany

Date(s) debt was incurred 07/12/2016 

Last 4 digits of account number 0015 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.30 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $128,625.00

Hansa Heavy Lift GmbH

Oberbaumbruecke 1

20457 Hamburg

Germany

Date(s) debt was incurred 08/02/2016 

Last 4 digits of account number 0016 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.31 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $93,750.00

Hansa Heavy Lift GmbH

Oberbaumbruecke 1

20457 Hamburg

Germany

Date(s) debt was incurred 09/01/2016 

Last 4 digits of account number 0019 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.32 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $93,750.00

Hansa Heavy Lift GmbH

Oberbaumbruecke 1

20457 Hamburg

Germany

Date(s) debt was incurred 09/26/2016 

Last 4 digits of account number 0021 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 5 of 21

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 8/18/20 9:23AM

Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.33 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $93,750.00

Hansa Heavy Lift GmbH

Oberbaumbruecke 1

20457 Hamburg

Germany

Date(s) debt was incurred 10/01/2016 

Last 4 digits of account number 0021 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.34 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $93,750.00

Hansa Heavy Lift GmbH

Oberbaumbruecke 1

20457 Hamburg

Germany

Date(s) debt was incurred 12/13/2016 

Last 4 digits of account number 0026 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.35 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $12,893.95

Inmarsat Global Limited

99 City Road

London, England EC1Y 1AX

United Kingdom

Date(s) debt was incurred 11/30/2016 

Last 4 digits of account number 1299 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.36 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $5,946.35

Inmarsat Global Limited

99 City Road

London, England EC1Y 1AX

United Kingdom

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1272 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.37 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $19,674.47

Intl. Paint LLC

2951 Northern Cross Blvd, Bldg A

Suite 237

Fort Worth, TX 76137

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1273 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.38 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $8,341,336.10

JJ Investment Group LLC

5358 33rd Ave NW

Gig Harbor, WA 98335

Date(s) debt was incurred 06/15/2020 

Last 4 digits of account number 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.39 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $31,900.00

JJ Seattle LLC

5358 33rd Avenue NW, Suite 104

Gig Harbor, WA 98335

Date(s) debt was incurred 06/27/2016 

Last 4 digits of account number 3074 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 6 of 21

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Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 19 of 52
 8/18/20 9:23AM

Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.40 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $72,000.00

JJ Seattle LLC

5358 33rd Avenue NW, Suite 104

Gig Harbor, WA 98335

Date(s) debt was incurred 07/11/2016 

Last 4 digits of account number 3075 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.41 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $72,000.00

JJ Seattle LLC

5358 33rd Avenue NW, Suite 104

Gig Harbor, WA 98335

Date(s) debt was incurred 07/26/2016 

Last 4 digits of account number 3076 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.42 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $72,000.00

JJ Seattle LLC

5358 33rd Avenue NW, Suite 104

Gig Harbor, WA 98335

Date(s) debt was incurred 08/10/2016 

Last 4 digits of account number 3077 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.43 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $72,000.00

JJ Seattle LLC

5358 33rd Avenue NW, Suite 104

Gig Harbor, WA 98335

Date(s) debt was incurred 08/25/2016 

Last 4 digits of account number 3078 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.44 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $72,000.00

JJ Seattle LLC

5358 33rd Avenue NW, Suite 104

Gig Harbor, WA 98335

Date(s) debt was incurred 09/09/2016 

Last 4 digits of account number 3079 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.45 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $98,150.00

Kibble & Prentice Holding Co. dba USI

601 Union Street, Suite 1000

Seattle, WA 98101-4064

Date(s) debt was incurred 11/04/2016 

Last 4 digits of account number 3860 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.46 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $48,369.83

Kibble & Prentice Holding Co. dba USI

601 Union Street, Suite 1000

Seattle, WA 98101-4064

Date(s) debt was incurred 09/29/2016 

Last 4 digits of account number 1279 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 7 of 21

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 8/18/20 9:23AM

Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.47 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $159,500.00

Kristensons-Petroleum, Inc.

21 East Front Street, Suite 300

Red Bank, NJ 07701

Date(s) debt was incurred 09/09/2016 

Last 4 digits of account number 9213 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.48 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $186,549.11

Kristensons-Petroleum, Inc.

21 East Front Street, Suite 300

Red Bank, NJ 07701

Date(s) debt was incurred 04/08/2016 

Last 4 digits of account number 8004 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.49 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $95,108.35

Luis A. Ayala Colon

PO Box 7066

Ponce, PR 00732

Date(s) debt was incurred 07/28/2016 

Last 4 digits of account number 0164 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.50 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $7,795.00

MacGregor (Finland)

Hallimestarinkatu 6

FI-20780 Kaarina

Finland

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1275 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.51 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $600.00

Mackay Communications, Inc.

d/b/a Mackay Marine

3691 Trust Drive

Raleigh, NC 27616

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1276 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.52 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $4,063.63

Mackay Communications, Inc.

d/b/a Mackay Marine

3691 Trust Drive

Raleigh, NC 27616

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1277 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.53 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $81,350.00

Meridian Global Consulting, LLC

812 Downtowner Blvd Suite A

Mobile, AL 36609

Date(s) debt was incurred 02/18/2016 

Last 4 digits of account number 296 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 8 of 21

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Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 21 of 52
 8/18/20 9:23AM

Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.54 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $123,700.00

Meridian Global Consulting, LLC

812 Downtowner Blvd Suite A

Mobile, AL 36609

Date(s) debt was incurred 07/08/2016 

Last 4 digits of account number 315 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.55 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $60,145.00

Meridian Global Consulting, LLC

812 Downtowner Blvd Suite A

Mobile, AL 36609

Date(s) debt was incurred 10/06/2016 

Last 4 digits of account number 348 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.56 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $3,600.00

Moxie Media

1301 Dealers Ave.

New Orleans, LA 70123

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1278 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.57 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $770.00

National Cargo Bureau, Inc.

180 Maiden Lane, Suite 903

New York, NY 10038

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1279 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.58 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $26.00

National Vessel Documentation Center

792 T J Jackson Drive

Falling Waters, WV 25419

Date(s) debt was incurred 09/25/2016 

Last 4 digits of account number 3568 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.59 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $18,096.38

Patriot Maritime Compliance, LLC

1320 Willow Paca Road

Concord, CA 94520

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1281 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.60 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $10,084.41

PELTZ Marine, Inc.

3429 E. Virginia Beach Blvd

Norfolk, VA 23502

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1282 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 9 of 21

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 8/18/20 9:23AM

Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.61 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $8,682.27

PETRIK NAVAL S.L.

CARRETERA ACCESO TERMICA S/N

TORRES DE HERCULES T2A

LOS BARRIOS, CADIZ

CP11379, SPAIN

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1283 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.62 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $701,229.99

Portserv International Ltd.

201 Amber Street

Markham, ON, L3R 3J7

Canada

Date(s) debt was incurred 05/24/2016 

Last 4 digits of account number 2416 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 65% balance due discharge/bagged/stacked 

Is the claim subject to offset?  No  Yes

3.63 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $13,879.64

Portserv International Ltd.

201 Amber Street

Markham, ON, L3R 3J7

Canada

Date(s) debt was incurred 07/12/2016 

Last 4 digits of account number 2416 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.64 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $388,354.61

Portserv International Ltd.

201 Amber Street

Markham, ON, L3R 3J7

Canada

Date(s) debt was incurred 05/24/2016 

Last 4 digits of account number 2416 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 35% due Discharge/bagged/stacked 

Is the claim subject to offset?  No  Yes

3.65 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $232,200.88

Praxis Energy Agents Pte Ltd

2603 Augusta Dr. Suite 1260

Houston, TX 77057

Date(s) debt was incurred 07/23/2016 

Last 4 digits of account number 9245 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.66 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $24,274.80

Progesco Consignaciones S.L.

Avenida Juan Melgarejo 18

11500, El Puerto De Santa Maria

Cadiz, Spain

Date(s) debt was incurred 08/22/2016 

Last 4 digits of account number 1656 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.67 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $5,295.45

Progesco Consignaciones S.L.

Avenida Juan Melgarejo 18

11500, El Puerto De Santa Maria

Cadiz, Spain

Date(s) debt was incurred 08/30/2016 

Last 4 digits of account number 1661 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 10 of 21

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 8/18/20 9:23AM

Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.68 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $3,321.21

Progesco Consignaciones S.L.

Avenida Juan Melgarejo 18

11500, El Puerto De Santa Maria

Cadiz, Spain

Date(s) debt was incurred 10/20/2016 

Last 4 digits of account number 1625 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.69 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $70,059.20

Progesco Consignaciones S.L.

Avenida Juan Melgarejo 18

11500, El Puerto De Santa Maria

Cadiz, Spain

Date(s) debt was incurred 11/16/2016 

Last 4 digits of account number 1676 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.70 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $6,254.95

Progesco Consignaciones S.L.

Avenida Juan Melgarejo 18

11500, El Puerto De Santa Maria

Cadiz, Spain

Date(s) debt was incurred 06/01/2016 

Last 4 digits of account number 1628 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.71 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $1,725.00

Radio Holland USA, Inc.

9191 Gulf Freeway

Building 'D' - Suite 100

Houston, TX 77017

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1284 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.72 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $96,268.12

Rhenus Midgard GmbH & Co.

Midgard Strasse 50

Nordenham, 26954

Germany

Date(s) debt was incurred 01/19/2016 

Last 4 digits of account number 1916 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.73 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $88,627.71

Rhenus Midgard GmbH & Co.

Midgard Strasse 50

Nordenham, 26954

Germany

Date(s) debt was incurred 09/22/2015 

Last 4 digits of account number 2215 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.74 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $757.22

Securewest International Inc.

416 South Veitch St., #308

Arlington, VA 22204

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1285 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 11 of 21

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Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 24 of 52
 8/18/20 9:23AM

Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.75 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $613.92

Sentara Leigh Hospital

830 Kempsville Road

Norfolk, VA 23502

Date(s) debt was incurred 11/02/2016 

Last 4 digits of account number 0216 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.76 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $4,669.88

Shaikh David & Co.

A1-9-9 Arcoris Mont’ Kiara

No.10, Jalan Kiara

50480 Kuala Lumpur

Malaysia

Date(s) debt was incurred 04/20/2016 

Last 4 digits of account number Inv1 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.77 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $8,141.44

Shaikh David & Co.

A1-9-9 Arcoris Mont’ Kiara

No.10, Jalan Kiara

50480 Kuala Lumpur

Malaysia

Date(s) debt was incurred 10/07/2016 

Last 4 digits of account number 3381 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.78 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $2,698.07

Synergy Euro

10 Anson Road, #10-11

International Plaza

Singapore 079903

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1287 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.79 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $1,952.31

Synergy Industrial Tech. Pte. Ltd.

10 Anson Road, #10-11

International Plaza

Singapore 079903

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1286 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.80 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $1,960.40

Synergy SGD

10 Anson Road, #10-11

International Plaza

Singapore 079903

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1288 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.81 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $300,000.00

Teras BBC Houston (BVI) Limited

P.O Box 957

Offshore Incorporations Centre

Road Town, Tortola

British Virgin Islands

Date(s) debt was incurred 11/23/2015 

Last 4 digits of account number 1001 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 12 of 21

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Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 25 of 52
 8/18/20 9:23AM

Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.82 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $310,000.00

Teras BBC Houston (BVI) Limited

P.O Box 957

Offshore Incorporations Centre

Road Town, Tortola

British Virgin Islands

Date(s) debt was incurred 01/01/2016 

Last 4 digits of account number 2001 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.83 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $41,754.69

TTS Marine Inc.

6555 Powerline Rd, Ste 410

Fort Lauderdale, FL 33309

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1289 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.84 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $248.00

Turbo Diesel Engineering, LLC

No. 7348 Chuansha Road

Pudong ND Shanghai

201202, China

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1290 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.85 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $1,760.63

U.S. Coast Guard

1430A Kristina Way

Chesapeake, VA 23320

Date(s) debt was incurred 03/27/2017 

Last 4 digits of account number 7712 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.86 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $2,502.94

U.S. Coast Guard

1430A Kristina Way

Chesapeake, VA 23320

Date(s) debt was incurred 03/27/2017 

Last 4 digits of account number 7711 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.87 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $2,385.91

U.S. Coast Guard

1430A Kristina Way

Chesapeake, VA 23320

Date(s) debt was incurred 03/27/2017 

Last 4 digits of account number 7713 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.88 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $2,711.37

U.S. Coast Guard

1430A Kristina Way

Chesapeake, VA 23320

Date(s) debt was incurred 03/27/2017 

Last 4 digits of account number 7714 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 13 of 21

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 8/18/20 9:23AM

Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.89 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $2,508.51

U.S. Coast Guard

1430A Kristina Way

Chesapeake, VA 23320

Date(s) debt was incurred 03/27/2017 

Last 4 digits of account number 7715 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.90 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $992.98

U.S. Coast Guard Finance Center

1430A Kristina Way

Chesapeake, VA 23320

Date(s) debt was incurred 04/05/2017 

Last 4 digits of account number 7787 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.91 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $8,198.66

U.S. Customs and Border Protection

Office of Chief Counsel

1300 Pennsylvania Avenue, Suite 4.4-B

Washington, DC 20229

Date(s) debt was incurred 03/01/2016 

Last 4 digits of account number 2976 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.92 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $26.84

U.S. Customs and Border Protection

Office of Chief Counsel

1300 Pennsylvania Avenue, Suite 4.4-B

Washington, DC 20229

Date(s) debt was incurred 07/01/2016 

Last 4 digits of account number 1607 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.93 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $27.10

U.S. Customs and Border Protection

Office of Chief Counsel

1300 Pennsylvania Avenue, Suite 4.4-B

Washington, DC 20229

Date(s) debt was incurred 10/01/2016 

Last 4 digits of account number 1607 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.94 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $54.29

U.S. Customs and Border Protection

Office of Chief Counsel

1300 Pennsylvania Avenue, Suite 4.4-B

Washington, DC 20229

Date(s) debt was incurred 11/26/2016 

Last 4 digits of account number 1607 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.95 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $27.28

U.S. Customs and Border Protection

Office of Chief Counsel

1300 Pennsylvania Avenue, Suite 4.4-B

Washington, DC 20229

Date(s) debt was incurred 12/27/2016 

Last 4 digits of account number 1607 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 14 of 21

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Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 27 of 52
 8/18/20 9:23AM

Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.96 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $54.97

U.S. Customs and Border Protection

Office of Chief Counsel

1300 Pennsylvania Avenue, Suite 4.4-B

Washington, DC 20229

Date(s) debt was incurred 02/15/2017 

Last 4 digits of account number 1607 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.97 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $280.37

U.S. Customs and Border Protection

Office of Chief Counsel

1300 Pennsylvania Avenue, Suite 4.4-B

Washington, DC 20229

Date(s) debt was incurred 12/31/2017 

Last 4 digits of account number 1607 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.98 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $104,253.24

Uni Marine Services Pte Ltd.

8 Shenton Way #49-01

AXA Tower

Singapore 068811

Date(s) debt was incurred 04/11/2016 

Last 4 digits of account number 2566 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.99 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $28,642.00

Uni Marine Services Pte Ltd.

8 Shenton Way #49-01

AXA Tower

Singapore 068811

Date(s) debt was incurred 07/21/2016 

Last 4 digits of account number 0154 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.100 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $26,200.00

Uni Marine Services Pte Ltd.

8 Shenton Way #49-01

AXA Tower

Singapore 068811

Date(s) debt was incurred 09/09/2016 

Last 4 digits of account number 0231 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.101 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $445.00

Uni Marine Services Pte Ltd.

8 Shenton Way #49-01

AXA Tower

Singapore 068811

Date(s) debt was incurred 09/19/2016 

Last 4 digits of account number 0236 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.102 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $12,013.23

Van Scoyoc Associates

800 Maine Avenue, SW, Suite 800

Washington, DC 20024

Date(s) debt was incurred 02/15/2016 

Last 4 digits of account number 4864 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 15 of 21

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Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 28 of 52
 8/18/20 9:23AM

Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.103 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $12,241.61

Van Scoyoc Associates

800 Maine Avenue, SW, Suite 800

Washington, DC 20024

Date(s) debt was incurred 02/25/2016 

Last 4 digits of account number 5341 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.104 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $12,033.16

Van Scoyoc Associates

800 Maine Avenue, SW, Suite 800

Washington, DC 20024

Date(s) debt was incurred 06/24/2016 

Last 4 digits of account number 6428 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.105 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $12,017.60

Van Scoyoc Associates

800 Maine Avenue, SW, Suite 800

Washington, DC 20024

Date(s) debt was incurred 06/30/2016 

Last 4 digits of account number 6137 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.106 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $12,024.97

Van Scoyoc Associates

800 Maine Avenue, SW, Suite 800

Washington, DC 20024

Date(s) debt was incurred 07/24/2016 

Last 4 digits of account number 6669 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.107 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $12,190.38

Van Scoyoc Associates

800 Maine Avenue, SW, Suite 800

Washington, DC 20024

Date(s) debt was incurred 08/23/2016 

Last 4 digits of account number 5617 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.108 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $12,189.59

Van Scoyoc Associates

800 Maine Avenue, SW, Suite 800

Washington, DC 20024

Date(s) debt was incurred 08/23/2016 

Last 4 digits of account number 5879 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.109 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $12,020.28

Van Scoyoc Associates

800 Maine Avenue, SW, Suite 800

Washington, DC 20024

Date(s) debt was incurred 08/24/2016 

Last 4 digits of account number 6920 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 16 of 21

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Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 29 of 52
 8/18/20 9:23AM

Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.110 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $12,016.63

Van Scoyoc Associates

800 Maine Avenue, SW, Suite 800

Washington, DC 20024

Date(s) debt was incurred 10/01/2016 

Last 4 digits of account number 7149 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.111 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $25.62

Van Scoyoc Associates

800 Maine Avenue, SW, Suite 800

Washington, DC 20024

Date(s) debt was incurred 11/03/2016 

Last 4 digits of account number 7466 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.112 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $3,412.50

Veritas Petroleum Services B.V.

318 North 16th Street

La Porte, TX 77571

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1291 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.113 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $1,050,000.00

Versant Funding LLC

2500 North Military Trail, Suite 465

Boca Raton, FL 33431

Date(s) debt was incurred 12/16/2016 

Last 4 digits of account number 0725 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.114 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $3,000,000.00

Versant Funding LLC

2500 North Military Trail, Suite 465

Boca Raton, FL 33431

Date(s) debt was incurred 05/09/2019 

Last 4 digits of account number 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.115 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $6,087.16

W.W. Grainger, Inc.

100 Grainger Pkwy

Lake Forest, IL 60045

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1271 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.116 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $1,557.76

Wartsila SAM Electronics GmbH

PO Box 50 30 29

D22703 Hamburg

Germany

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1292 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 17 of 21

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 8/18/20 9:23AM

Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.117 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $5,418.75

Washington Maritime Shipping Corp

410 Severn Ave, Ste 310

Annapolis, MD 21403

Date(s) debt was incurred 03/17/2016 

Last 4 digits of account number 9480 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.118 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $5,418.75

Washington Maritime Shipping Corp

410 Severn Ave, Ste 310

Annapolis, MD 21403

Date(s) debt was incurred 03/17/2016 

Last 4 digits of account number 9479 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.119 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $8,202.44

Washington Maritime Shipping Corp

410 Severn Ave, Ste 310

Annapolis, MD 21403

Date(s) debt was incurred 04/26/2016 

Last 4 digits of account number 9506 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.120 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $1,808.18

Washington Maritime Shipping Corp

410 Severn Ave, Ste 310

Annapolis, MD 21403

Date(s) debt was incurred 04/26/2016 

Last 4 digits of account number 9507 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.121 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $5,418.75

Washington Maritime Shipping Corp

410 Severn Ave, Ste 310

Annapolis, MD 21403

Date(s) debt was incurred 06/07/2016 

Last 4 digits of account number 9554 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.122 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $5,418.75

Washington Maritime Shipping Corp

410 Severn Ave, Ste 310

Annapolis, MD 21403

Date(s) debt was incurred 06/07/2016 

Last 4 digits of account number 9555 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.123 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $361.25

Washington Maritime Shipping Corp

410 Severn Ave, Ste 310

Annapolis, MD 21403

Date(s) debt was incurred 06/07/2016 

Last 4 digits of account number 9556 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 18 of 21

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Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.124 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $6,262.50

Washington Maritime Shipping Corp

410 Severn Ave, Ste 310

Annapolis, MD 21403

Date(s) debt was incurred 07/07/2016 

Last 4 digits of account number 9578 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.125 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $6,262.50

Washington Maritime Shipping Corp

410 Severn Ave, Ste 310

Annapolis, MD 21403

Date(s) debt was incurred 07/07/2016 

Last 4 digits of account number 9579 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.126 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $6,262.50

Washington Maritime Shipping Corp

410 Severn Ave, Ste 310

Annapolis, MD 21403

Date(s) debt was incurred 07/07/2016 

Last 4 digits of account number 9580 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.127 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $6,262.50

Washington Maritime Shipping Corp

410 Severn Ave, Ste 310

Annapolis, MD 21403

Date(s) debt was incurred 07/07/2016 

Last 4 digits of account number 9581 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.128 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $6,262.50

Washington Maritime Shipping Corp

410 Severn Ave, Ste 310

Annapolis, MD 21403

Date(s) debt was incurred 08/02/2016 

Last 4 digits of account number 9605 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.129 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $6,262.50

Washington Maritime Shipping Corp

410 Severn Ave, Ste 310

Annapolis, MD 21403

Date(s) debt was incurred 09/02/2016 

Last 4 digits of account number 9638 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.130 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $5,427.50

Washington Maritime Shipping Corp

410 Severn Ave, Ste 310

Annapolis, MD 21403

Date(s) debt was incurred 09/02/2016 

Last 4 digits of account number 6639 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 19 of 21

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Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.131 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $31,031.21

Washington Maritime Shipping Corp

410 Severn Ave, Ste 310

Annapolis, MD 21403

Date(s) debt was incurred 09/26/2016 

Last 4 digits of account number 9665 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.132 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $10,465.80

WCR Incorporated

2601 West Stroop #100

Dayton, OH 45439

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1293 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.133 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $3,192.54

Wilhelmsen Ships Services AS

PO Box 123141

Dallas, TX 75312-3141

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1296 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.134 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $500.00

Wilhelmsen Ships Services AS (Pasadena)

9400 New Century Dr.

Pasadena, TX 77507

Date(s) debt was incurred 06/01/2016 

Last 4 digits of account number 7847 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.135 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $4,648.75

Wilmington Shipping Company

330 Shipyard Blvd.

Wilmington, NC 28412

Date(s) debt was incurred 07/11/2016 

Last 4 digits of account number 7316 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.136 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $350.93

World Fuel Services Corporation

9800 NW 41st Street

Miami, FL 33178

Date(s) debt was incurred 08/30/2016 

Last 4 digits of account number 1101 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.137 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $1,488.35

World Fuel Services Corporation

9800 NW 41st Street

Miami, FL 33178

Date(s) debt was incurred 08/30/2016 

Last 4 digits of account number 1101 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 20 of 21

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Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Name

3.138 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $3,954.66

Wrist Middle East (U.A.E.) L.L.C.

Industrial Area No. 11

Street No. 8

P.O. Box 6846 Sharjah

United Arab Emirates

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1294 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

3.139 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $745.70

Wrist USA (Houston) Inc.

1485 East Sam Houston Parkway South

Suite 100

Pasadena, TX 77503

Date(s) debt was incurred 11/08/2016 

Last 4 digits of account number 1295 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset?  No  Yes

Part 3: List Others to Be Notified About Unsecured Claims

4. List in alphabetical order any others who must be notified for claims listed in Parts 1 and 2. Examples of entities that may be listed are collection agencies,

assignees of claims listed above, and attorneys for unsecured creditors.

If no others need to be notified for the debts listed in Parts 1 and 2, do not fill out or submit this page. If additional pages are needed, copy the next page.

Name and mailing address On which line in Part1 or Part 2 is the

related creditor (if any) listed?

Last 4 digits of

account number, if

any

Part 4: Total Amounts of the Priority and Nonpriority Unsecured Claims

5. Add the amounts of priority and nonpriority unsecured claims.

Total of claim amounts

5a. Total claims from Part 1 5a. $ 0.00

5b. Total claims from Part 2 5b. + $ 18,482,265.29

5c. Total of Parts 1 and 2

Lines 5a + 5b = 5c. 5c. $ 18,482,265.29

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 21 of 21

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Fill in this information to identify the case:

Debtor name Teras Breakbulk Ocean Navigation Enterprises, LLC

United States Bankruptcy Court for the: SOUTHERN DISTRICT OF FLORIDA

Case number (if known)

 Check if this is an

amended filing

Official Form 206G

Schedule G: Executory Contracts and Unexpired Leases 12/15

Be as complete and accurate as possible. If more space is needed, copy and attach the additional page, number the entries consecutively.

1. Does the debtor have any executory contracts or unexpired leases?

 No. Check this box and file this form with the debtor's other schedules. There is nothing else to report on this form.

 Yes. Fill in all of the information below even if the contacts of leases are listed on Schedule A/B: Assets - Real and Personal Property

(Official Form 206A/B).

2. List all contracts and unexpired leases State the name and mailing address for all other parties with

whom the debtor has an executory contract or unexpired

lease

2.1 State what the contract or

lease is for and the nature

of the debtor's interest

State the term remaining

List the contract number of

any government contract

2.2 State what the contract or

lease is for and the nature

of the debtor's interest

State the term remaining

List the contract number of

any government contract

2.3 State what the contract or

lease is for and the nature

of the debtor's interest

State the term remaining

List the contract number of

any government contract

2.4 State what the contract or

lease is for and the nature

of the debtor's interest

State the term remaining

List the contract number of

any government contract

Official Form 206G Schedule G: Executory Contracts and Unexpired Leases Page 1 of 1

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Fill in this information to identify the case:

Debtor name Teras Breakbulk Ocean Navigation Enterprises, LLC

United States Bankruptcy Court for the: SOUTHERN DISTRICT OF FLORIDA

Case number (if known)

 Check if this is an

amended filing

Official Form 206H

Schedule H: Your Codebtors 12/15

Be as complete and accurate as possible. If more space is needed, copy the Additional Page, numbering the entries consecutively. Attach the

Additional Page to this page.

1. Do you have any codebtors?

 No. Check this box and submit this form to the court with the debtor's other schedules. Nothing else needs to be reported on this form.

 Yes

2. In Column 1, list as codebtors all of the people or entities who are also liable for any debts listed by the debtor in the schedules of

creditors, Schedules D-G. Include all guarantors and co-obligors. In Column 2, identify the creditor to whom the debt is owed and each schedule

on which the creditor is listed. If the codebtor is liable on a debt to more than one creditor, list each creditor separately in Column 2.

Column 1: Codebtor Column 2: Creditor

Name Mailing Address Name Check all schedules

that apply:

2.1  D

Street  E/F

 G

City State Zip Code

2.2  D

Street  E/F

 G

City State Zip Code

2.3  D

Street  E/F

 G

City State Zip Code

2.4  D

Street  E/F

 G

City State Zip Code

Official Form 206H Schedule H: Your Codebtors Page 1 of 1

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Fill in this information to identify the case:

Debtor name Teras Breakbulk Ocean Navigation Enterprises, LLC

United States Bankruptcy Court for the: SOUTHERN DISTRICT OF FLORIDA

Case number (if known)

 Check if this is an

amended filing

Official Form 207

Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy 04/19

The debtor must answer every question. If more space is needed, attach a separate sheet to this form. On the top of any additional pages,

write the debtor’s name and case number (if known).

Part 1: Income

1. Gross revenue from business

 None.

Identify the beginning and ending dates of the debtor’s fiscal year,

which may be a calendar year

Sources of revenue

Check all that apply

Gross revenue

(before deductions and

exclusions)

From the beginning of the fiscal year to filing date:

From 1/01/2020 to Filing Date

 Operating a business $0.00

 Other

For prior year:

From 1/01/2019 to 12/31/2019

 Operating a business $0.00

 Other

For year before that:

From 1/01/2018 to 12/31/2018

 Operating a business $0.00

 Other

2. Non-business revenue

Include revenue regardless of whether that revenue is taxable. Non-business income may include interest, dividends, money collected from lawsuits,

and royalties. List each source and the gross revenue for each separately. Do not include revenue listed in line 1.

 None.

Description of sources of revenue Gross revenue from

each source

(before deductions and

exclusions)

From the beginning of the fiscal year to filing date:

From 1/01/2020 to Filing Date Non-business Revenue $0.00

For prior year:

From 1/01/2019 to 12/31/2019 Non-business Revenue $0.00

For year before that:

From 1/01/2018 to 12/31/2018 Non-business Revenue $0.00

Part 2: List Certain Transfers Made Before Filing for Bankruptcy

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 1

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3. Certain payments or transfers to creditors within 90 days before filing this case

List payments or transfers--including expense reimbursements--to any creditor, other than regular employee compensation, within 90 days before

filing this case unless the aggregate value of all property transferred to that creditor is less than $6,825. (This amount may be adjusted on 4/01/22

and every 3 years after that with respect to cases filed on or after the date of adjustment.)

 None.

Creditor's Name and Address Dates Total amount of value Reasons for payment or transfer

Check all that apply

4. Payments or other transfers of property made within 1 year before filing this case that benefited any insider

List payments or transfers, including expense reimbursements, made within 1 year before filing this case on debts owed to an insider or guaranteed

or cosigned by an insider unless the aggregate value of all property transferred to or for the benefit of the insider is less than $6,825. (This amount

may be adjusted on 4/01/22 and every 3 years after that with respect to cases filed on or after the date of adjustment.) Do not include any payments

listed in line 3. Insiders include officers, directors, and anyone in control of a corporate debtor and their relatives; general partners of a partnership

debtor and their relatives; affiliates of the debtor and insiders of such affiliates; and any managing agent of the debtor. 11 U.S.C. § 101(31).

 None.

Insider's name and address

Relationship to debtor

Dates Total amount of value Reasons for payment or transfer

5. Repossessions, foreclosures, and returns

List all property of the debtor that was obtained by a creditor within 1 year before filing this case, including property repossessed by a creditor, sold at

a foreclosure sale, transferred by a deed in lieu of foreclosure, or returned to the seller. Do not include property listed in line 6.

 None

Creditor's name and address Describe of the Property Date Value of property

6. Setoffs

List any creditor, including a bank or financial institution, that within 90 days before filing this case set off or otherwise took anything from an account

of the debtor without permission or refused to make a payment at the debtor’s direction from an account of the debtor because the debtor owed a

debt.

 None

Creditor's name and address Description of the action creditor took Date action was

taken

Amount

Part 3: Legal Actions or Assignments

7. Legal actions, administrative proceedings, court actions, executions, attachments, or governmental audits

List the legal actions, proceedings, investigations, arbitrations, mediations, and audits by federal or state agencies in which the debtor was involved

in any capacity—within 1 year before filing this case.

 None.

Case title

Case number

Nature of case Court or agency's name and

address

Status of case

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 2

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Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Case title

Case number

Nature of case Court or agency's name and

address

Status of case

7.1. VERSANT FUNDING LLC

Plaintiff v. TERAS

BREAKBULK OCEAN

NAVIGATION ENTERPRISES,

LLC f/k/a TERAS BBC OCEAN

NAVIGATION ENTERPRISES

HOUSTON, LLC; TERAS

CARGO TRANSPORT

(AMERICA), LLC; TERAS

CHARTERING, LLC d/b/a

TERAS BBC CHARTERING,

LLC; SONNY JOE SANDERS;

Defendants, And TERAS

AMERICA, LLC; PNG

PROJECT SERVICES, LTD.;

TERAS QUEENSLAND PTY

LTD.; TRUENORTH ENERGY

SYSTEMS, LLC; CARGO RISK

CONSULTING, LLC; AND SJS

INVESTMENTS, LLC,

Third-Party Defendants.

17-cv-81140-WPD

Plaintiff looking to

enforce judgment.

US Southern District of

Florida

400 North Miami Avenue

Miami, FL 33128

 Pending

 On appeal

 Concluded

7.2. JJ Investment Group LLC v.

SJS Investments LLC; Teras

Cargo Transport (America),

LLC; Teras Breakbulk Ocean

Navigation Enterprises, LLC

f/k/a Teras BBC Ocean

Navigation Enterprises

Houston, LLC, a Delaware

limited liability company

CL17-2848

Arbitration award. Circuit Court City of

Virginia Beach

2425 Nimmo Pkwy

Virginia Beach, VA 23456

 Pending

 On appeal

 Concluded

8. Assignments and receivership

List any property in the hands of an assignee for the benefit of creditors during the 120 days before filing this case and any property in the hands of a

receiver, custodian, or other court-appointed officer within 1 year before filing this case.

 None

Part 4: Certain Gifts and Charitable Contributions

9. List all gifts or charitable contributions the debtor gave to a recipient within 2 years before filing this case unless the aggregate value of

the gifts to that recipient is less than $1,000

 None

Recipient's name and address Description of the gifts or contributions Dates given Value

Part 5: Certain Losses

10. All losses from fire, theft, or other casualty within 1 year before filing this case.

 None

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 3

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Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Description of the property lost and

how the loss occurred

Amount of payments received for the loss

If you have received payments to cover the loss, for

example, from insurance, government compensation, or

tort liability, list the total received.

List unpaid claims on Official Form 106A/B (Schedule

A/B: Assets – Real and Personal Property).

Dates of loss Value of property

lost

Part 6: Certain Payments or Transfers

11. Payments related to bankruptcy

List any payments of money or other transfers of property made by the debtor or person acting on behalf of the debtor within 1 year before the filing

of this case to another person or entity, including attorneys, that the debtor consulted about debt consolidation or restructuring, seeking bankruptcy

relief, or filing a bankruptcy case.

 None.

Who was paid or who received

the transfer?

Address

If not money, describe any property transferred Dates Total amount or

value

12. Self-settled trusts of which the debtor is a beneficiary

List any payments or transfers of property made by the debtor or a person acting on behalf of the debtor within 10 years before the filing of this case

to a self-settled trust or similar device.

Do not include transfers already listed on this statement.

 None.

Name of trust or device Describe any property transferred Dates transfers

were made

Total amount or

value

13. Transfers not already listed on this statement

List any transfers of money or other property by sale, trade, or any other means made by the debtor or a person acting on behalf of the debtor within

2 years before the filing of this case to another person, other than property transferred in the ordinary course of business or financial affairs. Include

both outright transfers and transfers made as security. Do not include gifts or transfers previously listed on this statement.

 None.

Who received transfer?

Address

Description of property transferred or

payments received or debts paid in exchange

Date transfer

was made

Total amount or

value

Part 7: Previous Locations

14. Previous addresses

List all previous addresses used by the debtor within 3 years before filing this case and the dates the addresses were used.

 Does not apply

Address Dates of occupancy

From-To

Part 8: Health Care Bankruptcies

15. Health Care bankruptcies

Is the debtor primarily engaged in offering services and facilities for:

- diagnosing or treating injury, deformity, or disease, or

- providing any surgical, psychiatric, drug treatment, or obstetric care?

 No. Go to Part 9.

 Yes. Fill in the information below.

Facility name and address Nature of the business operation, including type of services

the debtor provides

If debtor provides meals

and housing, number of

patients in debtor’s care

Part 9: Personally Identifiable Information

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 4

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Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

16. Does the debtor collect and retain personally identifiable information of customers?

 No.

 Yes. State the nature of the information collected and retained.

17. Within 6 years before filing this case, have any employees of the debtor been participants in any ERISA, 401(k), 403(b), or other pension or

profit-sharing plan made available by the debtor as an employee benefit?

 No. Go to Part 10.

 Yes. Does the debtor serve as plan administrator?

Part 10: Certain Financial Accounts, Safe Deposit Boxes, and Storage Units

18. Closed financial accounts

Within 1 year before filing this case, were any financial accounts or instruments held in the debtor’s name, or for the debtor’s benefit, closed, sold,

moved, or transferred?

Include checking, savings, money market, or other financial accounts; certificates of deposit; and shares in banks, credit unions, brokerage houses,

cooperatives, associations, and other financial institutions.

 None

Financial Institution name and

Address

Last 4 digits of

account number

Type of account or

instrument

Date account was

closed, sold,

moved, or

transferred

Last balance

before closing or

transfer

19. Safe deposit boxes

List any safe deposit box or other depository for securities, cash, or other valuables the debtor now has or did have within 1 year before filing this

case.

 None

Depository institution name and address Names of anyone with

access to it

Address

Description of the contents Do you still

have it?

20. Off-premises storage

List any property kept in storage units or warehouses within 1 year before filing this case. Do not include facilities that are in a part of a building in

which the debtor does business.

 None

Facility name and address Names of anyone with

access to it

Description of the contents Do you still

have it?

Part 11: Property the Debtor Holds or Controls That the Debtor Does Not Own

21. Property held for another

List any property that the debtor holds or controls that another entity owns. Include any property borrowed from, being stored for, or held in trust. Do

not list leased or rented property.

 None

Part 12: Details About Environment Information

For the purpose of Part 12, the following definitions apply:

Environmental law means any statute or governmental regulation that concerns pollution, contamination, or hazardous material, regardless of the

medium affected (air, land, water, or any other medium).

Site means any location, facility, or property, including disposal sites, that the debtor now owns, operates, or utilizes or that the debtor formerly

owned, operated, or utilized.

Hazardous material means anything that an environmental law defines as hazardous or toxic, or describes as a pollutant, contaminant, or a

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similarly harmful substance.

Report all notices, releases, and proceedings known, regardless of when they occurred.

22. Has the debtor been a party in any judicial or administrative proceeding under any environmental law? Include settlements and orders.

 No.

 Yes. Provide details below.

Case title

Case number

Court or agency name and

address

Nature of the case Status of case

23. Has any governmental unit otherwise notified the debtor that the debtor may be liable or potentially liable under or in violation of an

environmental law?

 No.

 Yes. Provide details below.

Site name and address Governmental unit name and

address

Environmental law, if known Date of notice

24. Has the debtor notified any governmental unit of any release of hazardous material?

 No.

 Yes. Provide details below.

Site name and address Governmental unit name and

address

Environmental law, if known Date of notice

Part 13: Details About the Debtor's Business or Connections to Any Business

25. Other businesses in which the debtor has or has had an interest

List any business for which the debtor was an owner, partner, member, or otherwise a person in control within 6 years before filing this case.

Include this information even if already listed in the Schedules.

 None

Business name address Describe the nature of the business Employer Identification number

Do not include Social Security number or ITIN.

Dates business existed

26. Books, records, and financial statements

26a. List all accountants and bookkeepers who maintained the debtor’s books and records within 2 years before filing this case.

 None

Name and address Date of service

From-To

26b. List all firms or individuals who have audited, compiled, or reviewed debtor’s books of account and records or prepared a financial statement

within 2 years before filing this case.

 None

26c. List all firms or individuals who were in possession of the debtor’s books of account and records when this case is filed.

 None

Name and address If any books of account and records are

unavailable, explain why

26d. List all financial institutions, creditors, and other parties, including mercantile and trade agencies, to whom the debtor issued a financial

statement within 2 years before filing this case.

 None

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 6

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Name and address

27. Inventories

Have any inventories of the debtor’s property been taken within 2 years before filing this case?

 No

 Yes. Give the details about the two most recent inventories.

Name of the person who supervised the taking of the

inventory

Date of inventory The dollar amount and basis (cost, market,

or other basis) of each inventory

28. List the debtor’s officers, directors, managing members, general partners, members in control, controlling shareholders, or other people

in control of the debtor at the time of the filing of this case.

29. Within 1 year before the filing of this case, did the debtor have officers, directors, managing members, general partners, members in

control of the debtor, or shareholders in control of the debtor who no longer hold these positions?

 No

 Yes. Identify below.

30. Payments, distributions, or withdrawals credited or given to insiders

Within 1 year before filing this case, did the debtor provide an insider with value in any form, including salary, other compensation, draws, bonuses,

loans, credits on loans, stock redemptions, and options exercised?

 No

 Yes. Identify below.

Name and address of recipient Amount of money or description and value of

property

Dates Reason for

providing the value

31. Within 6 years before filing this case, has the debtor been a member of any consolidated group for tax purposes?

 No

 Yes. Identify below.

Name of the parent corporation Employer Identification number of the parent

corporation

32. Within 6 years before filing this case, has the debtor as an employer been responsible for contributing to a pension fund?

 No

 Yes. Identify below.

Name of the pension fund Employer Identification number of the parent

corporation

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 7

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Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 43 of 52
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Debtor Teras Breakbulk Ocean Navigation Enterprises, LLC Case number (if known)

Part 14: Signature and Declaration

WARNING -- Bankruptcy fraud is a serious crime. Making a false statement, concealing property, or obtaining money or property by fraud in

connection with a bankruptcy case can result in fines up to $500,000 or imprisonment for up to 20 years, or both.

18 U.S.C. §§ 152, 1341, 1519, and 3571.

I have examined the information in this Statement of Financial Affairs and any attachments and have a reasonable belief that the information is true

and correct.

I declare under penalty of perjury that the foregoing is true and correct.

Executed on August 18, 2020

/s/ Timothy Lord Timothy Lord

Signature of individual signing on behalf of the debtor Printed name

Position or relationship to debtor General Counsel

Are additional pages to Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy (Official Form 207) attached?

 No

 Yes

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 8

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Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 44 of 52
 8/18/20 9:23AM

United States Bankruptcy Court

Southern District of Florida

In re Teras Breakbulk Ocean Navigation Enterprises, LLC Case No.

Debtor(s) Chapter 7

VERIFICATION OF CREDITOR MATRIX

I, the General Counsel of the corporation named as the debtor in this case, hereby verify that the attached list of creditors is true and

correct to the best of my knowledge.

Date: August 18, 2020 /s/ Timothy Lord

Timothy Lord/General Counsel

Signer/Title

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Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 45 of 52
}bk1{Credito AresMatix}bk{

ABS Nautical Systems

PO Box 915090

Dallas, TX 75391-5090

Ambassador Services, Inc.

245 Challenger Road A

Cape Canaveral, FL 32920

American Bureau of Shipping

PO Box 915090

Dallas, TX 75391-5090

Applied Weather Technology, Inc.

140 Kifer Court

Sunnyvale, CA 94086

BMS United Bunkers (Asia) Pte Ltd.

8 Shenton Way #32-01A, AXA Tower

Singapore 068811

Breakwater International LLC

f/k/a L.A. Maritime Services Inc.

8320 Millet Street

Houston, TX 77012

Colonna's Shipyard, Inc.

400 East Indian River Road

Norfolk, VA 23523

Delaware Division of Corporations

401 Federal St #4

Dover, DE 19901

DNV GL SE

Brooktorkai 18 D-20457

Hamburg

Germany

Drew Marine

100 South Jefferson Road

Whippany, NJ 07981

East Coast Ship Supply LLC

755 Central Avenue Unit 1

New Providence, NJ 07974

Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 46 of 52
Euro-America Shipping & Trade, Inc.

1900 L Street, Suite 303

Washington, DC 20036

G.C. Maritime Services LLC

8320 Millet Road

Houston, TX 77012

Goltens Dubai Trading LLC

Dubai Maritime City, Ship Docking Yard

PO Box 2811

Dubai

United Arab Emirates

Goltens Red Sea (Saudi Arabia) Co. Ltd.

Opp. King Faisal Naval Base

Al Khumrah Road, PO Box 22709

Jeddah 21481, Saudi Arabia

Hansa Heavy Lift GmbH

Oberbaumbruecke 1

20457 Hamburg

Germany

Inmarsat Global Limited

99 City Road

London, England EC1Y 1AX

United Kingdom

Intl. Paint LLC

2951 Northern Cross Blvd, Bldg A

Suite 237

Fort Worth, TX 76137

JJ Investment Group LLC

5358 33rd Ave NW

Gig Harbor, WA 98335

JJ Seattle LLC

5358 33rd Avenue NW, Suite 104

Gig Harbor, WA 98335

Kibble & Prentice Holding Co. dba USI

601 Union Street, Suite 1000

Seattle, WA 98101-4064

Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 47 of 52
Kristensons-Petroleum, Inc.

21 East Front Street, Suite 300

Red Bank, NJ 07701

Luis A. Ayala Colon

PO Box 7066

Ponce, PR 00732

MacGregor (Finland)

Hallimestarinkatu 6

FI-20780 Kaarina

Finland

Mackay Communications, Inc.

d/b/a Mackay Marine

3691 Trust Drive

Raleigh, NC 27616

Meridian Global Consulting, LLC

812 Downtowner Blvd Suite A

Mobile, AL 36609

Moxie Media

1301 Dealers Ave.

New Orleans, LA 70123

National Cargo Bureau, Inc.

180 Maiden Lane, Suite 903

New York, NY 10038

National Vessel Documentation Center

792 T J Jackson Drive

Falling Waters, WV 25419

Patriot Maritime Compliance, LLC

1320 Willow Paca Road

Concord, CA 94520

PELTZ Marine, Inc.

3429 E. Virginia Beach Blvd

Norfolk, VA 23502

Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 48 of 52
PETRIK NAVAL S.L.

CARRETERA ACCESO TERMICA S/N

TORRES DE HERCULES T2A

LOS BARRIOS, CADIZ

CP11379, SPAIN

Portserv International Ltd.

201 Amber Street

Markham, ON, L3R 3J7

Canada

Praxis Energy Agents Pte Ltd

2603 Augusta Dr. Suite 1260

Houston, TX 77057

Progesco Consignaciones S.L.

Avenida Juan Melgarejo 18

11500, El Puerto De Santa Maria

Cadiz, Spain

Radio Holland USA, Inc.

9191 Gulf Freeway

Building 'D' - Suite 100

Houston, TX 77017

Rhenus Midgard GmbH & Co.

Midgard Strasse 50

Nordenham, 26954

Germany

Securewest International Inc.

416 South Veitch St., #308

Arlington, VA 22204

Sentara Leigh Hospital

830 Kempsville Road

Norfolk, VA 23502

Shaikh David & Co.

A1-9-9 Arcoris Mont’ Kiara

No.10, Jalan Kiara

50480 Kuala Lumpur

Malaysia

Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 49 of 52
Synergy Euro

10 Anson Road, #10-11

International Plaza

Singapore 079903

Synergy Industrial Tech. Pte. Ltd.

10 Anson Road, #10-11

International Plaza

Singapore 079903

Synergy SGD

10 Anson Road, #10-11

International Plaza

Singapore 079903

Teras BBC Houston (BVI) Limited

P.O Box 957

Offshore Incorporations Centre

Road Town, Tortola

British Virgin Islands

TTS Marine Inc.

6555 Powerline Rd, Ste 410

Fort Lauderdale, FL 33309

Turbo Diesel Engineering, LLC

No. 7348 Chuansha Road

Pudong ND Shanghai

201202, China

U.S. Coast Guard

1430A Kristina Way

Chesapeake, VA 23320

U.S. Coast Guard Finance Center

1430A Kristina Way

Chesapeake, VA 23320

U.S. Customs and Border Protection

Office of Chief Counsel

1300 Pennsylvania Avenue, Suite 4.4-B

Washington, DC 20229

Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 50 of 52
Uni Marine Services Pte Ltd.

8 Shenton Way #49-01

AXA Tower

Singapore 068811

Van Scoyoc Associates

800 Maine Avenue, SW, Suite 800

Washington, DC 20024

Veritas Petroleum Services B.V.

318 North 16th Street

La Porte, TX 77571

Versant Funding LLC

2500 North Military Trail, Suite 465

Boca Raton, FL 33431

W.W. Grainger, Inc.

100 Grainger Pkwy

Lake Forest, IL 60045

Wartsila SAM Electronics GmbH

PO Box 50 30 29

D22703 Hamburg

Germany

Washington Maritime Shipping Corp

410 Severn Ave, Ste 310

Annapolis, MD 21403

WCR Incorporated

2601 West Stroop #100

Dayton, OH 45439

Wilhelmsen Ships Services AS

PO Box 123141

Dallas, TX 75312-3141

Wilhelmsen Ships Services AS (Pasadena)

9400 New Century Dr.

Pasadena, TX 77507

Wilmington Shipping Company

330 Shipyard Blvd.

Wilmington, NC 28412

Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 51 of 52
World Fuel Services Corporation

9800 NW 41st Street

Miami, FL 33178

Wrist Middle East (U.A.E.) L.L.C.

Industrial Area No. 11

Street No. 8

P.O. Box 6846 Sharjah

United Arab Emirates

Wrist USA (Houston) Inc.

1485 East Sam Houston Parkway South

Suite 100

Pasadena, TX 77503

Case 20-18841-RAM Doc 1 Filed 08/18/20 Page 52 of 52