GULF GRACE

LETTER OF PROTEST

Port: Al Jubail Voyage No.: 07/00

Berth: SASREF # 61 Date: 16/12/2000

From: Master

Re: Delay between arrival (NOR) and commencing Loading

Dear Sir,

On behalf of my Owners and charterers I here-by note protest due to the delay between
the vessel arriving / tendering Notice of Readiness and the commencement of loading.

The vessel arrived / tendered Notice of Readiness at 1648/14 th December but cargo
loading did not commence until 0105 / 16 December.

I therefore reserve the rights of my Owners and Charterers to refer to this matter at some
later date and take any action, or make any claims, as they may deem necessary.

Yours faithfully,

P.K.Tripathi For Receipt only.....................................

Master