Weeks 310 Borinquen Cutterhead Dredge IHC Beaver 3800 NG General Specifications Vessel Particulars: Hull Length: 49.56 m Hull Breadth: 12.97 m Hull Depth: 2.97 m Overall Length: 61.81 m Suction Depth: 18 m Max Draft: 2.06 m Ladder Length w/Dutchman: Approx 89’-9” Ladder Length w/o Dutchman: Approx 86’-2” IMO Number: 286 Year Built: 1997 Place Built: Pearlington, MS (Hull) Official Number: 1051357 Last Drydock: October 2019* UWP HP: 2349 UWP RPM: 446 Cutter Motor: Hagglunds CB 840** Cutter HP: 450 kW Cutter RPM: 13.1, 23.1, 28.6, 31 Spuds: 36” OD x 70’ Length (Qty 2) Engine Information: Main Engine 1 CAT 3512 876 kW / 1600 RPM Hours Since Last Major Overhaul: 235 In-Frame (Major) Overhaul: July 2021 Top End Overhaul: June 2018 Main Engine 2 CAT 3512 876 kW / 1600 RPM Hours Since Last Major Overhaul: 10,254 Top End Overhaul: July 2021 In Frame (Major) Overhaul: June 2018 Generator/HPU Engine CAT 3512 780 kW / 1500 RPM Hours Since Last Major Overhaul: 235 In Frame (Major) Overhaul: July 2021 Tune Up: June 2018

Seller warrants that it has good and legal title to such property, full authority to sell such, and that said is sold by bill of sale free and clear of liens, encumbrances, or security issues. Purchaser agrees to defend, indemnify and hold Seller, and its affiliates, harmless from and against any and all claims, actions, damages, costs expenses and liabilities, of whatever kind or nature (including reasonable attorneys' fees and costs), arising from Purchaser's ownership or use of the above-described Property. Purchaser agrees that, "An on-road heavy-duty diesel or alternative-diesel vehicle operated in California may be subject to the California Air Resources Board Regulation to Reduce Particulate Matter and Criteria Pollutant Emissions from In-Use Heavy-Duty Diesel Vehicles. It, therefore, could be subject to exhaust retrofit or accelerated turnover requirements to reduce emissions of air pollutants." For more information, please visit the California Air Resources Board website at http://www.arb.ca.gov/dieseltruck." ,"When operated in California, any off-road diesel vehicle may be subject to the California Air Resources Board In-Use Off-road Diesel Vehicle Regulation. It therefore could be subject to retrofit or accelerated turnover requirements to reduce emissions of air pollutants. For more information, please visit the California Air visit the California Air Resources Board website at http://www.arb.ca.gov/msprog/ordiesel/ordiesel.htm. "

AS-IS DISCLOSURE STATEMENT SALE IS "AS-IS" WITH NO WARRANTIES EXPRESS OR IMPLIED: PURCHASER ACKNOWLEDGES THAT THE SALE OF THE ABOVE DESCRIBED PROPERTY IS SOLD "AS-IS" AND THAT SELLER MAKES NOT REPRESENTATIONS OF ANY KIND AS TO THE CONDITION OF THE PROPERTY OR OTHER REPRESENTATIONS OR WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATIONS WARRANTIES OF OPERABILITY, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE, WHICH ARE HERBY SPECIFICALLY DISCLAIMED BY THE SELLER AND EXLUDED.

Buyer is purchasing the equipment solely based on its own physical inspection of the equipment and not upon any information which may have been provided by Seller. Seller waives any claim that it purchased the equipment based on any kind of representation or warranty on part of the Seller and accepts the equipment "as-is".