MINISTRY OF PORTS & SHIPPING CEYLON SHIPPING CORPORATIOIN LTD (Wholly owned company of the Government of Sri Lanka)
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1 MINISTRY OF PORTS & SHIPPING CEYLON SHIPPING CORPORATIOIN LTD (Wholly owned company of the Government of Sri Lanka) Request for Quotations Hull & Machinery Insurance Cover The Chairman, tender board of Ceylon Shipping Corporation invite quotations from interested Insurance companies to obtain Hull & Machinery cover for the new vessel. MV.CEYLON BREEZE The vessel is scheduled to be delivered from Weihai Shipyard on 20 th January, 2016 in the Peoples Republic of China. The sealed quotations should be forwarded to the following address to reach on or before 11 th January 2016 at 1400 hrs. local time with the top left hand corner of the envelop, marked ad H&M cover for Mv. Ceylon Breeze. The terms & conditions of this RFQ could be collected free of charge from the Legal & Insurance Department of CSC and also available in the CSC website ( ) for easy reference. The decisions of the Tender Board of Ceylon Shipping Corporation Ltd., in this regard will be final & conclusive. Chairman Tender Board Ceylon Shipping Corporation Limited No : 27, MICH Building, Sir Razik Fareed Mawatha, (Former Bristol Street) Colombo 01. Fax : Tele : , sujatha@cscl.lk Web :
2 MINISTRY OF PORTS & SHIPPING CEYLON SHIPPING CORPORATIOIN LTD (Wholly owned company of the Government of Sri Lanka) Request for Quotations Hull & Machinery Insurance Cover The Chairman, tender board of Ceylon Shipping Corporation invite quotations from interested Insurance companies to obtain Hull & Machinery cover for the new vessel. MV.CEYLON BREEZE The vessel is scheduled to be delivered from Weihai Shipyard on 20 th January, 2016 in the Peoples Republic of China. The sealed quotations should be forwarded to the following address to reach on or before 11 th January 2016 at 1400 hrs. local time with the top left hand corner of the envelop, marked ad H&M cover for Mv. Ceylon Breeze. The terms & conditions of this RFQ could be collected free of charge from the Legal & Insurance Department of CSC and also available in the CSC website ( ) for easy reference. The decisions of the Tender Board of Ceylon Shipping Corporation Ltd., in this regard will be final & conclusive. Chairman Tender Board Ceylon Shipping Corporation Limited No : 27, MICH Building, Sir Razik Fareed Mawatha, (Former Bristol Street) Colombo 01. Fax : Tele : , sujatha@cscl.lk Web :
3 MINISTRY OF PORTS AND SHIPPING CEYLON SHIPPING CORPORATION LIMITED (WHOLLY OWNED COMPANY OF THE GOVERNMENT OF SRI LANKA) Request for Quotations Hull & Machinery Cover Reinsurance from Lloyds / Syndicates MV.CEYLON BREEZE NEW BUILDING VESSEL TERMS & CONDITIOINS All documents and correspondence to be addressed to : Ceylon Shipping Corporation Limited No : 27, MICH Building, Sir Razik Fareed Mawatha, (Former Bristol Street) Colombo 01. Fax : Tele : , sujatha@cscl.lk Web :
4 1) Introduction Terms and Conditions The Ceylon Shipping Corporation Ltd., (hereinafter called and referred to as CSC) the National Carrier of Sri Lanka is a wholly owned Limited liability Company of the Government of Sri Lanka engage in ship-owning, ship operating and shipping related ancillary services in Sri Lanka, The CSC placed an order to build a bulk carrier of 63,600 DWT namely Mv. Ceylon Breeze at Weihai Ship Yard in China Mv. Ceylon Breeze is scheduled to be delivered on 20 th January, 2016 at the Weihai Ship Yard in China. As the owner of the subject vessel CSC intends to obtain the Hull & Machinery cover (H&M) for which quotations from a reputed insurance companies, brokers and correspondents in the London Market by calling sealed quotations. The interested parties who wish to submit their quotations are advised to read and understand the following terms and conditions for calling quotations before submitting their respective quotation. 2) Invitation for Quotations The Chairman of the Tender Board of Ceylon Shipping Corporation Ltd., is hereby invite to submit quotations from insurance companies with reinsurance in the London Market for Hull & Machinery Cover for Mv. Ceylon Breeze. The prospective parties shall submit only a single quotation and alternative quotations will not be permitted in this regard. 3) Collection / Inspection of the terms and conditions document Any prospective party could collect the terms and conditions from the Head Office, No: 27, Sir Razik Fareed Mw, Colombo 01, Sri Lanka with free of charge or could be downloaded from CSC website 4) Submissions of Quotations The duly signed quotations shall be submitted under sealed cover and marked as H&M Cover for Mv. Ceylon Breeze on the left hand top corner of the envelope addressed to Chairman Tender Board Ceylon Shipping Corporation Ltd., No: 27, Sir Razik Fareed Mawatha, Colombo 01,Sri Lanka from 01 st January 2016 to 11 th January, 2016 at hrs local time. The quotations will be open immediately after closing at hrs local time. A representatives from prospective parties could be present at the time of opening the quotations. The sealed quotations may either be dispatched by registered post to the address given above or can deposit in the Tender Box kept under ground floor of above mentioned address.
5 Quotations by fax or be send to the following fax no / address on 08 th January from p.m. to 2.00 p.m. local time. Fax No sujatha@cscl.lk The late quotations shall not be accepted and will be retained un-opened. 5) The contents of quotations The Purchase value of the ship is US$35 Million The prospective parties should submit their best quotations including the following: (I) THE MAXIMUM COVERAGE OFFERED FOR Institute time clauses Hull A War clauses Hull K&R And all other clauses applicable to marine policies for bulk vessel (II) ANNUAL PREMIUM FOR A. H&M COVER WITH ¼ TH COLLISION LIABILITY WITH 3/4 TH COLLISSION LIABILITY WITH FULL COLLISSION LIABILITY B. WAR C. K&R D. DEDUCTIBLES (III) A brief report on your company strength and abilities in line with clause no 7 and 8 to be submitted with brochures and supporting documents if any. 6) TECHNICAL DETAILS OF THE VESSELS VESSEL TYPE - 63,600 MT DWT PANAMAX BULKER. SCHEDULED DATE FOR DELIVERY -20 TH JANUARY, 2016 The vessels details are as follows : PRINCIPAL DIMENSIONS OF MV. CEYLON BREEZE Length (O.A.) M
6 Length (B.P.) Breadth (mld.) Depth (mld.) Design draft (mld.) Scantling draft (mid.) M M M M M DEADWEIGHT, CAPACITY AND TONNAGE MAIN ENGINE (ONE SET) Deadweight (at design draft) abt. 51,500 t Deadweight (at scantling draft) abt. 63, 600 t Capacity Capacity (100% full) Cargo hold (grain) abt. 78,500 Cu M Tonnage Gross tonnage abt. 37,000 Net Tonnage abt 21,500 Type : MAN-B&W 5S60ME-C8.2 (Tier II) 1 set Output CMCR 8050kW x 89r/min AUXILLARY ENGINES (THREE SETS) Daihatsu Diesel Output -700 Kw CRANES (SETS) Type Macgregor Capacity 30 T Fitted with 12 CBM remote control Grabs. HATCH HOLDS- 5 Nos Hatch Holds fitted with Double skin folding type Hatch Covers. CLASSIFICATION SOCIETY DNV- GL
7 7) Expected services from the successful party 1) To issue cover notes promptly and correctly to assure the maximum protection of assets and liabilities of the ship on time 2) Issue certificate and related documents as required from time to time 3) Answer quarries daily and liaise with relevant parties if an when required 4) Provide professional advice on all maritime insurance related frontiers such as new developments, market trends, latest information, new insurance coverage and change of laws and its implications on insurance 5) Brokers and correspondents to provide update information of Insurer s ratings in case of a down grade of rating and promptly provide advise 6) Around the clock contactability and appoint a designated person for coordination person 7) Arranged training for CSC staff if required 8) Promptly attend to claims and provide necessary guidance to obtain claims without much delay 9) Send newsletters - circulars updating piracy kidnap incident & JWC / excluded areas 8) Evaluation criteria of quotations as applicable for prospective parties 1) The lowest quotation with maximum coverage 2) Length of service in the industry 3) The rating should be above standard & poor BBB or AN Bese-B+ 9) Clarification (s) Further clarification(s) if required on the Terms and Conditions stipulated in this document and more details of the vessel can be obtained sending an to sujatha@cscl.lk and dmlni@cscl.lk no plea of lack of information or insufficient information will be entertained after closing of receiving quotations. 10) Power to accept or reject quotations The Tender Board of Ceylon Shipping Corporation reserves its right (1) to reject or accept any quotation without assigning the reason(s) at any time prior to acceptance of the quotation and (2) to request for further details if required for the evaluation purpose. The decision of the Tender Board is final and conclusive in this process. 11) Cost of preparation of quotations The CSC will not reimburse any cost incurred in the preparation and submitting of quotations.
8 12) Governing Law The calling of quotations and the Terms and Conditions mentioned in this document shall govern by the laws of Democratic Socialist Republic of Sri Lanka under Sri Lankan jurisdiction.
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