MINISTRY OF INFRASTRUCTURES AND TRANSPORT HARBOUR MASTER S OFFICE OF RAVENNA ORDER NO. 95/2015

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1 MINISTRY OF INFRASTRUCTURES AND TRANSPORT HARBOUR MASTER S OFFICE OF RAVENNA ORDER NO. 95/2015 The Head of the Maritime Compartment and Harbour Master of the Port of Ravenna: CARRIED OUT articles 17, 113 and 116 of the Italian Navigation Code and articles 211 and 212 of the relative Rules for the Enforcement of the Law (Maritime Navigation), circular no of 19 September 1994, entitled: Ports, Series VIII, no.8, MINFTRA/DINFR of 20 December 2006 and M_TRA-PORTI no of 26 February 2013, which set out the criteria for revising mooring rates, established by the article 14, subparagraph 1-bis of the Law 84/94 and subsequent amendments, circular M_INF.VPTM no of 15 December 2015 issued by the Ministry of Infrastructures and Transport, regarding the criteria, mechanisms and revision of the rates for mooring and boating services for , the required investigation, in which for the Gruppo Ormeggiari del Por di Ravenna were analysed the data concerning: annual funding requirements for operating expenses and for the exercise of the technical means of support, detected flat-rate hours placed under the service, number and characteristics of the services and the corresponding net invoicing based on data for the period 1 July June 2015 and any other element that may affect the results of the application of the revised rates formula, Order no. 86/2009 of 10 July 2009, approving the Regulations for the mooring and unmooring service for ships in the Port and Roads of RAVENNA, which provides the general public service obligations (continuity and universality on the basis of an organisational model, consistent with maritime/port safety in accordance with the agreement by the Maritime and Port Authorities) and the specific obligations which the Group must meet, such as:

2 a) control and intervention on moored ships in the port should weather and sea conditions change and for any other sudden or extraordinary event that puts them at risk; b) assistance or rescue services ships and persons under dangerous conditions in port waters and in those adjacent them; c) recovery of floating objects hazardous navigation; FOUND THAT according the results of the investigation carried out in accordance with the applicable maximum rates criteria and mechanisms inherent the services rendered by Gruppo Ormeggiari di Ravenna stated in the ordinance n. 23/2013 of 21 March 2013 must be updated, ORDERS Article 1 The maximum rates for services rendered by the Moorers Group of Ravenna, appointed carry out mooring and unmooring operations of ships arriving, departing or manoeuvring within the canal port and roads of RAVENNA, as well as public service obligations described above, are set and will come in force as of hours on 1st January The rates include services fulfilling the above-mentioned public service obligations: OPERATING AREA: PORT CANAL TRADITIONAL SHIPS gross nnage ,50 53, ,50 68, ,50 121, ,50 183, ,00 242, ,50 298, ,00 364, ,00 423, ,00 518, ,50 649, ,50 760, ,50 853, ,50 926, , , , , , ,50

3 Until 30 June 2016 for every GT or fraction thereof, 151,50 must be added 1 July 2017 for every GT or fraction thereof, 151,50 must be added The rates for mooring and unmooring services rendered at the port of RAVENNA RO- RO CARGO FERRIES, PASSENGER FERRIES and MIXED which operate regular services between two or more ports in order carry out intermodal transportation of passengers and cargo in line with the aims of reorganising the country s transport system, are as follows: gross nnage ,00 37, ,50 47, ,00 75, ,00 98, ,50 116, ,50 159, ,00 174, ,00 187, ,00 250, ,00 332, ,00 389, ,00 460, ,00 550, ,00 640, ,00 744, ,00 848,00 Until 30 June 2014 for every GT or fraction thereof, 104,00 must be added 1 July 2014 for every GT or fraction thereof, 104,00 must be added The rates for mooring and unmooring services rendered at the QUAYS OF THE NORTHERN OUTER PORT OF RAVENNA, bearing in mind that the characteristics and the high technology used on the ships authorised berth at the above-mentioned quays reduce the effort required by mooring crew, are as follows:

4 gross nnage ,00 43, ,00 55, ,00 97, ,00 146, ,50 193, ,50 238, ,00 291, ,00 338, ,00 414, ,50 519, ,00 608, ,50 682, ,50 740, ,00 862, ,00 983, , , , , , ,00 Until 30 June 2014 for every GT or fraction thereof, 121,00 must be added 1 July 2014 for every GT or fraction thereof, 121,00 must be added OPERATING AREA: ROADS - E.N.E.L. TERMINAL (ex S.O.N.E.) gross nnage , , , , , , , , , , , , , , , , , , , , , ,50

5 Until 30 June 2017 for every GT or fraction thereof, 275,00 must be added 1 July 2017 for every GT or fraction thereof, 275,00 must be added In order apply this article, the gross nnage will be the international gross nnage which appears on the International Tonnage Certificate issued according the London Convention of 23 June For ships not holding the International Tonnage Certificate, issued according the 1969 London Convention on ship nnage, the rates will be calculated according the value of the gross nnage in accordance with the Circular of the Ministry of Transport and Navigation, Direcrate-General for public maritime domain and ports, division XX, dated 18 November 1995, procol no with the following subject «Referral parameters for pilotage, mooring and wing services». Article 2 Should the Group be called upon immediately or later by the Harbour Master or Port Authorities render the services mentioned in points a), b) and c) of the introduction this Order, they shall be free of charge. Article 3 For shifting alongside the same quay, from one berth another, from one pier another or for entries in and out of the dock, the rate shall be equal the sum of the mooring and unmooring rates. If, after mooring, a mooring reinforcement is requested by the ship, the rate as per Article 1 is applied. Article 4 For each of the following extra mooring and unmooring operations, the rates are as per Article 1: laying of dead weights which is not part of the mooring, unmooring and manoeuvring operations; pulling via sea ropes from bow stern and vice versa by morboat. Unravelling anchors shall be charged at a rate of 80,50. For extra mooring and unmooring operations by morboat, if required by ship master, a fee of 151,00 be applied for each two hours or fraction. The Harbour Master shall be responsible for establishing the rates for special services not mentioned in this Order, bearing in mind the agreements existing between the associations involved.

6 Article 5 Normal working hours are considered between 06:01 and 20:00 hours Mondays Saturdays. All services rendered in hours outside these normal working hours are subject the following surcharges: a) for services rendered between 20:01 hrs and 06:00 hours (night hours) of all working days, Sundays and public holidays, a surcharge of 50%; b) for services rendered on Sundays from 00:01 24:00 hours, a 50% surcharge on p of the surcharge for night hours, if any; c) for services rendered on the following holidays acknowledged by Laws no. 260 of 27 May 1949, no. 90 of 31 March 1954 and no. 54 of 5 March 1977 and DPR no. 792 of 28 December 1985: 1. New Year s Day; 2. 6 January, Epiphany; 3. Easter Monday; April, anniversary of the Liberation of Italy; 5. 1 May, Labour Day; 6. 2 June, Foundation of the Republic; July (S. Apollinare), Patron Saint of Ravenna; August, Assumption of the Virgin Mary; 9. 1 November, All Saints Day; December, Immaculate Conception; December, Christmas Day; December, Boxing Day; 100% surcharge plus all surcharges for night hours and/or hours on Sundays, if any; d) for services carried out between two working shifts with different surcharges, the higher rate will be applied for the starting time and finishing time of the service respectively. e) surcharges as per points a), b) and c) will each be applied on the service rate as per Articles 1 and 3, including the rates in Article 4. Article 6 If a mooring, unmooring or manoeuvring operation which has already been started and the mooring crew is already alongside the vessel, is repeated or cancelled, the mooring crew is entitled a 50% compensation of the rate as per Article 1, plus the related surcharges as per Article 5.

7 Article 7 If the mooring crew is requested by the ship assist the personnel on board with mooring/ unmooring manoeuvres or any other shipping activities, each member of the mooring crew shall be paid 37,50 for services not exceeding one hour. If the service lasts more than one hour, each member of the mooring crew is entitled receive 19,00 for every half hour or fraction of it. These rates are subject the surcharges as per Article 5 of this Order. Article 8 Invoices not paid within thirty days of the date it is forwarded the addressees or their agents, shall be subject interest according the official rate in force. Article 9 Order no. 23/2013 dated 21 March 2013 ceases have effect. Article 10 Transgressors of this Order shall be punished pursuant article 1173 of the Italian Navigation Code. Everyone concerned shall comply and make others comply with the Regulations herein set out. RAVENNA, 29 December 2015 SIGNED THE HEAD OF THE MARITIME COMPARTMENT Giuseppe MELI Captain (Harbour Master s Office) C.V. (CP) Giuseppe ROMANO