Document:

ex10-3.htm

    Exhibit
10.3

     

     

     

    
       

      EXERCISE
OF OPTION TO EXTEND AND

      AMENDMENT
NO.1

      TO

      CHARTER
PARTY DATED OCTOBER 6, 2005

      (THE
“CHARTERPARTY”)

      BETWEEN

      ANN
TANKER CORPORATION (THE “OWNERS”)

      AND
DHT ANN VLCC CORP. (THE “CHARTERERS”)

      FOR
THE VESSEL

      OVERSEAS
ANN

       

      Pursuant
to clause 99 of the Charterparty, the Charterers hereby declare, as of November
26, 2008, the exercise of the first 12 months of the option period which shall
commence on 

      April 17,
2012 at 0001 hours GMT and end on April 16, 2013 at 2400 hours GMT (the “Option Period”).

       

      As of the
date of this agreement, the Owners and the Charterers hereby amend the terms of
the Charterparty as follows:

       

      (1) Notwithstanding clause
99, the rate during the Option Period shall, at the option of the Charterers,
be:

      

      
        
          	 
      	
                  a)

                	
                  usd
      38,500 per day during the period
      from April 17, 2012 at 0001 hours GMT until October 16, 2012 at 2400 hours
      GMT and usd 38,800
      per day during the period from October 17, 2012 at 0001 hours GMT
      until April 16, 2013 at 2400 hours;
      or

                
	 
      	 
      	 
      
	 
      	
                  b)

                	
                  the
      market rate as determined by the Association of Shipbrokers Agents and
      Agents Tanker Broker Panel plus five percent provided, however, that the rate
      payable during the Option Period shall never be less than usd 33,500 per
day.

                

        

      

       

      (2)
Except as expressly amended by this agreement, the terms and conditions of the
Charterparty remain unchanged and in full force and effect including, without
limitation, the profit sharing arrangement between the Owners and the
Charterers.

       

       

      
         

        January
15, 2009

         

        
          
            
              	For
      Ann Tanker Corporation	 	 	For
      DHT Ann VLCC Corp.	 
	 	 	 	 	 
	
                      By: 
      /s/ Ole Jacob Diesen

                    	 	 	
                      By:
      /s/ Mats Berglund

                    	 
	
                      Name:  Ole
      Jacob Diesen

                    	 	 	
                      Name:  Mats
      Berglund

                    	 
	
                      Title:    Vice
      President 

                    	 	 	
                      Title:    Senior
      Vice Presidentex10-4.htm

    Exhibit
10.4

     

     

     

    
       

      EXERCISE
OF OPTION TO EXTEND AND

      AMENDMENT
NO. 1

      TO

      CHARTER
PARTY

      DATED
OCTOBER 6, 2005

      (THE
“CHARTERPARTY”)

      BETWEEN

      CATHY
TANKER CORPORATION (THE “OWNERS”)

      AND

      DHT CATHY
AFRAMAX CORP. (THE “CHARTERERS”)

      FOR THE
VESSEL

      OVERSEAS
CATHY

       

      Pursuant
to clause 99 of the Charterparty, the Charterers hereby declare, as of November
26, 2008, the exercise of the first 12 months of the option period which shall
commence on January 17, 2012 at 0001 hours GMT and end on January 16, 2013 at
2400 hours GMT (the “Option
Period”).

       

      As of the
date of this agreement, the Owners and the Charterers hereby amend the terms of
the Charterparty as follows:

       

      (1)
Notwithstanding clause 99, the rate during the Option Period shall, at the
option of the Charterers, be:

      

      
        
          	 
      	
                  a)

                	
                  usd
      25,700 per day
      during the period from January 17, 2012 at 0001 hours GMT until October
      16, 2012 at 2400 hours GMT and usd 26,000 per day during
      the period from October 17, 2012 at 0001 hours GMT until January 16, 2013
      at 2400 hours GMT; or

                
	 
      	 
      	 
      
	 
      	
                  b)

                	
                  the
      market rate as determined by the Association of Shipbrokers Agents and
      Agents Tanker Broker Panel plus five percent provided, however, that the rate
      payable during the Option Period shall never be less than usd 20,700 per
      day.

                

        

      

      

       

      (2)
Except as expressly amended by this agreement, the terms and conditions of the
Charterparty remain unchanged and in full force and effect including, without
limitation, the profit sharing arrangement between the Owners and the
Charterers.

       

       

      
        
          January
15, 2009

           

          
            
              
                	For Cathy
      Tanker Corporation	 	 	For
      DHT Cathy Aframax Corp.	 
	 	 	 	 	 
	
                        By: 
      /s/  Ole Jacob Diesen

                      	 	 	
                        By: 
      /s/ Mats Berglund

                      	 
	
                        Name: 
      Ole Jacob Diesen

                      	 	 	
                        Name: 
      Mats Berglund

                      	 
	
                        Title:  Vice
      President

                      	 	 	
                        Title:
      Presidentex10-5.htm

    Exhibit
10.5

     

     

    
       

       

      EXERCISE
OF OPTION TO EXTEND AND

      AMENDMENT NO. 1

      TO

      CHARTER
PARTY

      DATED
OCTOBER 6, 2005

      (THE
“CHARTERPARTY”)

      BETWEEN

      CHRIS
TANKER CORPORATION (THE “OWNERS”)

      AND

      DHT CHRIS
VLCC CORP. (THE “CHARTERERS”)

      FOR THE
VESSEL

      OVERSEAS
CHRIS

       

      Pursuant
to clause 99 of the Charterparty, the Charterers hereby declare, as of November
26, 2008, the exercise of the first 12 months of the option period which shall
commence on October 17, 2011 at 0001 hours GMT and end on October 16, 2012 at
2400 hours GMT (the “Option
Period”).

       

      As of the
date of this agreement, the Owners and the Charterers hereby amend the terms of
the Charterparty as follows:

       

      (1)
Notwithstanding clause 99, the rate during the Option Period shall, at the
option of the Charterers, be:

      

      
        
          	 
      	
                  a)

                	
                  usd
      38,500 per day;
      or

                
	 
      	 
      	 
      
	 
      	
                  b)

                	
                  the
      market rate as determined by the Association of Shipbrokers Agents and
      Agents Tanker Broker Panel plus five percent provided, however, that
      the rate payable during the Option Period shall never be less than usd
      33,500 per
      day.

                

        

      

      

      (2)
Except as expressly amended by this agreement, the terms and conditions of the
Charterparty remain unchanged and in full force and effect including, without
limitation, the profit sharing arrangement between the Owners and the
Charterers.

       

      
         

        
          January
15, 2009

           

          
            
              
                	For Chris
      Tanker Corporation	 	 	For
      DHT Chris VLCC Corp.	 
	 	 	 	 	 
	
                        By: 
      /s/ Ole Jacob Diesen  

                      	 	 	
                        By: 
      /s/ Mats Berglund

                      	 
	
                        Name: 
      Ole Jacob Diesen

                      	 	 	
                        Name: 
      Mats Berglund

                      	 
	
                        Title:    Vice
      President

                      	 	 	
                        Title:   
      Senior Vice Presidentex10-6.htm

    Exhibit
10.6

     

     

    
       

       

      EXERCISE
OF OPTION TO EXTEND AND

      AMENDMENT
NO. 1

      TO

      CHARTER
PARTY

      (THE
“CHARTERPARTY”)

      DATED
OCTOBER 6, 2005

      BETWEEN

      REBECCA
TANKER CORPORATION (THE “OWNERS”)

      AND

      DHT
REBECCA AFRAMAX CORP. (THE “CHARTERERS”)

      FOR THE
VESSEL

      OVERSEAS
REBECCA

       

      Pursuant
to clause 99 of the Charterparty, the Charterers hereby declare, as of November
26, 2008, the exercise of the first 18 months of the option period which shall
commence on October 17, 2010 at 0001 hours GMT and end on April 16, 2012 at 2400
hours GMT (the “Option
Period”).

       

      For that
portion of the Option Period commencing on October 17, 2010 at 0001 hours GMT
and ending on October 16, 2011 at 2400 hours GMT, the rate shall be usd 19,400 per day.

       

      For that
portion of the Option Period commencing on October 17, 2011 at 0001 hours GMT
and ending on April 16, 2012 at 2400 hours GMT, the rate shall be usd 19,700 per day.

       

      As of the
date of this agreement, the Owners and the Charterers hereby amend the terms of
the Charterparty as follows:

       

      (1)          Notwithstanding
clause 99, for the balance of the period subject to options, the Charterers are
hereby granted the option to select periods equal to: (a) 12 months, 24 months
or 36 months; or (b) on one occasion only, a single period equal to 6 months, 18
months, 30 months or 42 months.

       

      (2)          Except
as expressly amended by this agreement, including the declaration of the Option
Period by the Charterers and its acceptance by the Owners, the terms and
conditions of the Charterparty remain unchanged and in full force and effect
including, without limitation, the profit sharing arrangement between the Owners
and the Charterers.

       

      
         

        
          January
15, 2009

           

          
            
              
                	For Rebecca
      Tanker Corporation	 	 	For
      DHT Rebecca Aframax Corp.	 
	 	 	 	 	 
	
                        By: 
      /s/ Ole Jacob Diesen

                      	 	 	
                        By: 
      /s/ Mats Berglund

                      	 
	
                        Name: 
      Ole Jacob Diesen

                      	 	 	
                        Name: 
      Mats Berglund

                      	 
	
                        Title:   
      Vice President

                      	 	 	
                        Title:   
      President

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