Exhibit 10.1

SECTION SF 30 BLOCK 14 CONTINUATION PAGE

The following items are applicable to this modification:

MODIFICATION P00012

The purpose of this modification is to incorporate revised option year rates into Section B and cancellations costs into Section H-42. Accordingly:

SUMMARY OF CHANGES

ALL CHANGES HAVE BEEN HIGHLIGHTED IN YELLOW.

SECTION SF 30 - BLOCK 14 CONTINUATION PAGE

The following have been modified:

BOXES

TWO SHIPS – With Termination Liability

SECTION B - SUPPLIES OR SERVICES AND PRICES

CLIN 2001

The CLIN extended description has changed from Charter Hire - MT EMPIRE STATE. Option Period Two. $54,910.00 x 365 days = $20,042,150.00. Period of Performance - 01 October 2012 - 30 September 2013. to Charter Hire - MT EMPIRE STATE. Option Period Two. $52,500.00 x 365 days = $19,162,500.00. Period of Performance - 01 October 2012 - 30 September 2013.

The unit price amount has decreased by $879,650.00 from $20,042,150.00 to $19,162,500.00.

The total cost of this line item has decreased by $879,650.00 from $20,042,150.00 to $19,162,500.00.

CLIN 2003

The CLIN extended description has changed from Charter Hire - MT EVERGREEN STATE. Option Period Two. $54,910.00 x 365 days = $20,042,150.00. Period of Performance - 01 October 2012 - 30 September 2013. to Charter Hire - MT EVERGREEN STATE. Option Period Two. $52,500.00 x 365 days = $19,162,500.00. Period of Performance - 01 October 2012 - 30 September 2013.

The unit price amount has decreased by $879,650.00 from $20,042,150.00 to $19,162,500.00.

The total cost of this line item has decreased by $879,650.00 from $20,042,150.00 to $19,162,500.00.

CLIN 3001

The CLIN extended description has changed from Charter Hire - MT EMPIRE STATE. Option Period Three. $56,491.00.00 x 365 days = $20,619,215.00. Period of Performance - 01 October 2013 - 30 September 2014. to Charter Hire - MT EMPIRE STATE. Option Period Three. $53,500.00 x 365 days = $19,527,500.00. Period of Performance - 01 October 2013 – 30 September 2014.

The unit price amount has decreased by $1,091,715.00 from $20,619,215.00 to $19,527,500.00.

The total cost of this line item has decreased by $1,091,715.00 from $20,619,215.00 to $19,527,500.00.

CLIN 3003

The CLIN extended description has changed from Charter Hire - MT EVERGREEN STATE. Option Period Three. $56,491.00.00 x 365 days = $20,619,215.00. Period of Performance - 01 October 2013 – 30 September 2014. to Charter Hire - MT EVERGREEN STATE. Option Period Three. $53,500.00 x 365 days = $19,527,500.00. Period of Performance - 01 October 2013 - 30 September 2014.

The unit price amount has decreased by $1,091,715.00 from $20,619,215.00 to $19,527,500.00.

The total cost of this line item has decreased by $1,091,715.00 from $20,619,215.00 to $19,527,500.00.

CLIN 4001

The CLIN extended description has changed from Charter Hire - MT EMPIRE STATE. Option Period Four. $57,922.00 x 335 days = $19,403,870.00. Period of Performance - 01 October 2014 - 31 August 2015. to Charter Hire - MT EMPIRE STATE. Option Period Four. $54,500.00 x 335 days = $18,257,500.00. Period of Performance - 01 October 2014 - 31 August 2015.

The unit price amount has decreased by $1,146,370.00 from $19,403,870.00 to $18,257,500.00.

The total cost of this line item has decreased by $1,146,370.00 from $19,403,870.00 to $18,257,500.00.

CLIN 4003

The CLIN extended description has changed from Charter Hire - MT EVERGREEN STATE. Option Period Four. $57,922.00 x 335 days = $19,403,870.00. Period of Performance - 01 October 2014 - 31 August 2015. to Charter Hire - MT EVERGREEN STATE. Option Period Four. $54,500.00 x 335 days = $18,257,500.00. Period of Performance - 01 October 2014 - 31 August 2015.

The unit price amount has decreased by $1,146,370.00 from $19,403,870.00 to $18,257,500.00.

The total cost of this line item has decreased by $1,146,370.00 from $19,403,870.00 to $18,257,500.00.

SUPPLIES OR SERVICES AND PRICE

SECTION B – SUPPLIES OR SERVICES AND PRICE

B.1 Charter Hire

The following table is provided to document the anticipated CLIN structure of the contract. CLINs for the base period of performance shall be added as funding is made available in accordance with FAR 52.232-18, Subject to the Availability of Funds (April 1984). The daily charter hire rates included below reflect the FOS Charter Hire rates included within the Contractor’s proposal from Box 13 and Box 13a:

SECTION H - SPECIAL CONTRACT REQUIREMENTS

The following have been modified:

SPECIAL CONTRACT REQUIREMENTS

H-42 TERMINATION/CANCELLATION LIABILITY

The contractor and Government agree the purpose of this clause is to induce the contractor to offer to provide and to provide the required services when the contractor otherwise would not offer to provide them because of the contractor’s inability to recover its costs in the event the Government does not exercise an option to extend the term of the contract or terminates the contract for the convenience of the Government.

In the event the Government does not exercise an option to extend the term of the contract or terminates the contract for convenience, the contractor shall be entitled to not-to-exceed cancellation costs subject to the following conditions and according to the following schedule:

Date of Government failure to exercise option or Date of Termination for Convenience: Cancellation Costs*:

“Cancellation costs” means, and only means, costs specifically identified by the contractor in its proposal and actually incurred by the contractor between contract award and vessel delivery to the Government including, and limited to, the following categories of costs: costs incurred by the contractor for vessel acquisition, reflagging costs and modification, or conversion costs, and only to the extent such modification, or conversion costs were incurred in order for the vessel to meet contract requirements. The Government has sufficient working capital funds for these cancellation costs. The present value of the cancellation costs must be less than 25% of the vessel value upon delivery. See 10 U.S.C. § 2401.

When requesting payment of cancellation costs as a result of the Government’s failure to exercise an option, the contractor shall provide evidence satisfactory to the contracting officer verifying that contractor actually incurred the specified categories of cancellation costs prior to delivery of the vessel to the Government and the amount thereof. The cancellation costs must be reasonable, allowable, and allocable to the contract. In no event will the amount payable to the Contractor for such costs exceed the amount that would have been payable under the Termination for Convenience Clause had the subject contract been for 59 months and the Government terminated the contract for convenience on the date of the conclusion of the then current performance period.

In the event the Government terminates the contract for convenience, the Government will not be obligated in any event to reimburse the contractor for the specified categories of cancellation costs in excess of the amount allotted in the schedule above for each contract period regardless of anything to the contrary in the clause entitled “Termination for Convenience of the Government.”

The contractor agrees that payment of the specified cancellation costs according to the schedule above for any contract period fully compensates the contractor for the specified categories of cancellation costs. The contractor waives any right it may have to claim any additional costs for the specified categories of cancellation costs in the event such cancellation costs become payable, whether as a result of a termination for convenience or as a result of the Government’s failure to exercise an option. As used in this clause, the total amount payable by the Government for the specified categories of cancellation costs in the event the Government does not exercise an option or terminates for convenience is as set forth in the schedule above.

This clause does not limit the rights of the Government under the clause entitled “Default” or under the clause entitled “Termination for Convenience of the Government.”

The Cancellation Costs consist of the following expenses:

(End of Summary of Changes)