RANK Basic FOTLeavePay

GMDSS /Other

Allowance

Other Allowance

Total RemarksContractPeriod

Master & C/E 2600 1690 694 616 200 5800 1st Promotion on 4 mths probation2600 1690 694 1116 200 6300 Year 12600 1690 694 1216 200 6400 Year 22600 1690 694 1316 200 6500 Year 32600 1690 694 1416 200 6600 Year 42600 1690 694 1516 200 6700 Year 52600 1690 694 1616 200 6800 Year 6

C/O & 2/E 1800 1170 480 650 100 4200 1st Promotion on 4 mths probation1800 1170 480 1050 100 4600 Year 11800 1170 480 1250 100 4800 Year 21800 1170 480 1450 100 5000 Year 3

2/O, 3/E & E/E 1200 780 320 500 100 2900 1st Promotion on 4 mths probation1200 780 320 800 100 3200 Year 11200 780 320 875 100 3275 Year 21200 780 320 950 100 3350 Year 31200 780 320 1025 100 3425 Year 41200 780 320 1100 100 3500 Year 51200 780 320 1175 100 3575 Year 6

3/O & 4/E 938 610 252 100 100 2000 1st Promotion on 4 mths probation1000 650 267 383 100 2400 Year 11000 650 267 433 100 2450 Year 21000 650 267 483 100 2500 Year 3

Bsn, Ftr & C/CK 575 320 115 290 50 1350 10 Months

A/B & OLR 520 290 104 86 50 1050 10 Months

OS, Wpr & Stwd 275 125 55 0 20 475 10 Months

D/C & E/C 200 50 40 0 50 340 10 Months

Remarks : FOT is granteed 105 hrs per month.

8 Months

Myanmar Crew Wages for 2010

Years of Service In Rank Includes Previous Services With Other Companies

8 Months

8 Months

8 Months

Monthly Chargeable Fees to Principals

Crew Manning Fees per Vessel 2200.00Training Fees per vessel per month 200.00Communication cost per vessel 200.00Bank Charges 100.00Union Fees ( SECD fees ) USD 4.00 per man per month assumes ( 23 crew per vessel ) 92.00

One time Chargeable to Principal per crew joining

Mustering Fess including Pre-Emploment Medical check 110.00Working Gear ( 2 pcs coverall & 1 pair safety Shoe ) 67.00Visa fees At Cost plus USD 5.00 per application as service chages 5.00

Dated : 13-02-2010

Sr No. Rank Crew WagesTravel Ygn/Sin & On-Off Fees

Crew Manning Fees& Other monthly

Expenses

Estimate Other expenses

& Over Lappinfg Etc.

SECD & Departmental Fees

1 Master 6500.00 43.75 118.00 133.24 4.002 Ch. Mate 5000.00 43.75 118.00 103.24 4.003 2nd Officer 3350.00 43.75 118.00 70.24 4.004 3rd Officer 2500.00 43.75 118.00 53.24 4.005 Deck Cadet 340.00 35.00 118.00 9.86 4.006 Ch. Engr 6500.00 43.75 118.00 133.24 4.007 2nd Engr 5000.00 43.75 118.00 103.24 4.008 3rd Engr 3350.00 43.75 118.00 70.24 4.009 4th Engr 2500.00 43.75 118.00 53.24 4.00

10 Elec Engr 3350.00 43.75 118.00 70.24 4.0011 Engr Cadet 340.00 35.00 118.00 9.86 4.0012 Bosun 1350.00 35.00 118.00 30.06 4.0013 AB 1050.00 35.00 118.00 24.06 4.0014 AB 1050.00 35.00 118.00 24.06 4.0015 AB 1050.00 35.00 118.00 24.06 4.0016 OS 475.00 35.00 118.00 12.56 4.0017 Ftr 1350.00 35.00 118.00 30.06 4.0018 Oiler 1050.00 35.00 118.00 24.06 4.0019 Oiler 1050.00 35.00 118.00 24.06 4.0020 Oiler 1050.00 35.00 118.00 24.06 4.0021 Wpr 475.00 35.00 118.00 12.56 4.0022 C/Ck 1350.00 35.00 118.00 30.06 4.0023 Stwd 475.00 35.00 118.00 12.56 4.00

50505.00 883.75 2714.00 1082.06 92.00 55276.81

Estimated Total Monthly Crewing Budget Including Air Travel from Yangon to Singapore and all other expendictures 55276.81For 23 crew member & Officers and Engineers wages is on the 3rd year Experienced wages scale.Estimate 10% to 15 % wages increase for Bangladesh or Phillipines seniors if suitable Myanmar Candadates are not available

TOTAL

Estimated Monthly Budget for 23 Myanmar Crew Members Handysize Bulk Carrier