Steam coal

1. COMMODITY: Steam coal.2. ORIGIN: Russia3. QUANTITY: 3 cargoes of abt 25/30,000 mts +/4. QUALITY:Ash: 11/13% arbSulph: 0.5 max arbVm : 28 min arbTm:10-12%arbNcv 5700 kcal/kg NAR min5. DELIVERY:1st cargo during2nd cargo during February 20103rd cargo during March 20106. SHIPPING TERMS1 gsp sb aaaa main ports China (please advise discharging port)Discharging rate of 10,000 mts pwwd SHINC.NOR to be tendered any time day and night SHINC W.W.W.W.Time to count as per 8/14 Gencon clause.Buyer to guarantee that there are no port limit/restrictions.Demurrage/ Dispatch applicable as per relevant Charter Party. Other terms to be agreed.7. SAMPLING AND ANALYSIS.Sampling and analysis to be effected at loading port by an independent surveyor company appointed by Seller whose results will be final and binding for bothparties and basis for invoicing. Cost for Seller account.8. WEIGHT DETERMINATIONWeight will be determined at the loading port by means of draft survey of the vessel by an independent marine surveyor appointed by Seller. Results will be final and binding for both parties and basis for invoicing. Cost for Sellers account.9. PREMIUM AND PENALTIESCIF price to be adjusted based on CV price basis fraction prorata.10. PAYMENT100% By irrevocable and confirmable LC at sight opened by First Class Bank acceptable to Sellers Bank. LC to be open and clean and acceptable to days before first day of laycan at loading port/anchorage. The LC shall bepayable against following documents:i) Sellers commercial Invoiceii) Bill of Ladingiii) Certificate of Analysisiv) Certificate of Weight

Russian Steam coal, 5700 Kcal/kg NAR min