Exhibit 10.1
 (RBS LOGO)To:
    
    Arlington Tankers Ltd
Contest Ltd, Concept Ltd, Consul LtdConcord Ltd, Compatriot Ltd, Companion Ltd
Victory Ltd and Vison Ltd
each of Hayward Building
22 Bermudian Road
Hamilton
HM11
Bermuda
    
    Global Banking & Markets
5-10 Great Tower Street
6th Floor
London EC3P 3HX 
Telephone: + 44 (0) 207 085 5000
Facsimile: + 44 (0) 207 085 7130
www.rbs.com/gbmFax No.: +1 441 292 4258 
Attn: Grant Gibbonscc:
    
    Arlington Tankers LLC 
191 Post Road Westport 
CT068 80 USAFax No.: +1 203 221 2763
Attn: Ed Terino
   Loan Agreement dated 12 December 2005 (the Loan Agreement) made between Arlington Tankers
Ltd as Borrower and The Royal Bank of Scotland plc as Lender relating to a loan facility of
US$229,500,000
 GMC Merger
   1
    
    confirmation by the Borrower and the Guarantors of the terms of this letter by the
Borrower and the Guarantors signing the acknowledgement at the foot of this letter and
returning the same to us by no later than 8 August 2008 together with such evidence as
we may require in relation to the due authorisation and execution by the Borrower and
the
Guarantors of this letter.2
    
    there is no further Change of Control following the implementation of the Merger without
our prior written consent.3
    
    with effect from the end of the current Interest Period (being 30 September 2008) the
Margin shall be increased to 1.25% per annum.4
    
    upon signing the acceptance of this letter below the Borrower shall pay to ourselves a
fee of US$344,250 (being 0.15% of the current outstanding amount of the Loan)5
    
    in the event that any prepayment of the Loan is made under Clause 7.5 of the Loan
Agreement within a 2 year period following the date of your signing the acceptance of




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this letter below the Borrower shall pay to us on such prepayment a prepayment fee in
the amount of 1% of the amount prepaid (unless such prepayment fee is waived at our
absolute discretion).6
    
    the Borrower and the other relevant Security Parties shall enter into such
documentation
supplemental to the Loan Agreement and the other Finance Documents as the Lender
may reasonably require to modify the terms of the Loan Agreement and the other Finance
Documents to reflect the consequential changes to the Group upon the implementation of
the Merger.7
    
    the Borrower shall reimburse to us on demand all costs, fees and expenses and Taxes
thereon incurred by us in connection with the preparation and execution of this letter
and
in connection with the implementation of the supplemental documentation referred to at
6 above.
      /s/ Christopher Patrick
for and on behalf ofThe Royal Bank of Scotland plc
  /s/ Edward Terino
for and on behalf ofArlington Tankers Ltd/s/ Edward Terino
for and on behalf ofContest Ltd/s/ Edward Terino
for and on behalf ofConcept Ltd
 2




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/s/ Edward Terino
for and on behalf ofConsul Ltd/s/ Edward Terino
for and on behalf ofConcord Ltd/s/ Edward Terino
for and on behalf ofCompatriot Ltd/s/ Edward Terino
for and on behalf ofCompanion Ltd/s/ Edward Terino
for and on behalf ofVictory Ltd/s/ Edward Terino
for and on behalf ofVision Ltd
 3




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(RBS LOGO)2 September 2008Arlington Tankers Ltd
Contest Ltd, Concept Ltd, Consul Ltd
Concord Ltd, Compatriot Ltd, Companion Ltd
Victory Ltd and Vision Ltd
each of Hayward Building
22 Bermudian Road
Hamilton
HM11
Bermuda
    
    Global Banking & Markets
Shipping Business Centre
5-10 Great Tower Street
London EC3P 3HX
Telephone: +44 (0)20 7833 2121
Facsimile: +44 (0)20 7085 7134
www.rbs.com/gbm
  
   Loan Agreement dated 12 December 2005 (the Loan Agreement) made between Arlington
Tankers Ltd as Borrower and The Royal Bank of Scotland plc as Lender relating to a loan facility
of US$229,500,000




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##### 



(RBS LOGO)23 September 2008Arlington Tankers Ltd
Contest Ltd, Concept Ltd, Consul Ltd
Concord Ltd, Compatriot Ltd, Companion Ltd
Victory Ltd and Vision Ltd
each of Hayward Building
22 Bermudian Road
Hamilton
HM 11
Bermuda
    
    Global Banking & Markets
Shipping Business Centre
5-10 Great Tower Street
London EC3P 3HX
Telephone: +44 (0)20 7833 2121
Facsimile: +44 (0)20 7085 7134
www.rbs.com/gbm
  
   Loan Agreement dated 12
December 2005 (the Loan Agreement) made between Arlington
Tankers Ltd as Borrower and The Royal Bank of Scotland plc as Lender relating to a loan facility
of US$229,500,000