IGHT & CHARGES REVENUE TONS RATE PER PREPAID COLLECT

PREPAID AT PAYABLE AT 17)PLACE AND DATE OF ISSUE

SHANGHAI 20-May-01

TOTAL PREPAID 18)NUMBER OF ORIGINAL B(S)L

THREE 21) 倪 永 海

LOADING ON BOARD THE VESSEL COSCO SHANGHAI SHIPPING CO.,LTD.

19)DATE 20-May-01 20)BY 倪 永 海

COSCO SHANGHAI SHIPPING CO.,LTD.

ENDORSEMENT:GOLDEN SEA TRADING CORP.

X X X 20-May-01