General Terms and Conditions of Delivery and Services

Windward Offshore GmbH & Co. KG (hereinafter referred to as “Windward”)

1. General Provisions

1.1. These Terms and Conditions (hereinafter the “Terms”) shall apply to all business relations of Windward with its customers (hereinafter referred to as “Customer”) to the extent no other agreement has been explicitly made in writing. These Terms are applicable only to national or international enterprises covered by Section 14 of the German Civil Code, to legal persons under public law and to special funds under public law covered by Section 310 of the German Civil Code. 1.2. These Terms shall apply exclusively. Any terms and conditions proposed in Customer’s offer, acceptance or in any acknowledgment, invoice, or other form of Customer that add to, vary from, or conflict with the Terms herein are hereby rejected. These Terms shall also apply in the event that Windward unconditionally makes the delivery or performs services to the Customer despite its knowledge of conflicting or differing or contrary general terms and conditions of the Customer. 1.3. Only orders or changes or additions to the Terms placed in writing shall be binding for Windward. Oral agreements and collateral agreements are only binding after a written confirmation by Windward.

2. Conclusion of Agreement

2.1. If not expressly stated otherwise in the offer submitted by Windward, offers by Windward are not binding. 2.2. Agreements concluded with Windward enter into force only after the orders received by Windward have been confirmed in writing, or the supplies or services ordered have been delivered or performed respectively. The same applies to requests by the Customer aimed at supplementing, modifying or extending an agreement. All orders by the Customer are deemed to be binding. Unless expressly stated otherwise in the offer, Windward has four (4) weeks from the date of receipt of the offer to accept it.

3. Prices, Payments

3.1. Prices for deliveries are quoted net in EURO ex works plus statutory V.A.T., excluding packaging costs, customs duties in the case of exports and tariffs and other public dues. 3.2. Prices for services provided are quoted net in EURO, plus the applicable statutory V.A.T.. The price calculation for services is based on time and expenses, unless it was agreed to provide the services for a lump sum. 3.3. In the event of deliveries abroad or services provided by Windward abroad, all taxes, fees and duties charged on the basis of provisions outside the Federal Republic of Germany, together with costs connected with these, are to be borne by the Customer. This shall also apply in the event that the remuneration of Windward’s personnel to be paid is subject to taxation. 3.4. Invoices are to be settled within fourteen (14) days of receipt of the respective invoice, without deductions. The decisive date for the payment is the date of receipt of payment by Windward on its bank account. 3.5. In the event of default of payment by the Customer and without prejudice to any other rights or claims, Windward is entitled to charge interest from the point in time of the start of the delay at a rate of eight (8) percentage points above the respective base interest rate. Prior to full payment of outstanding invoice amounts, including interest accrued, Windward is not obliged to make any further deliveries or render any further services to the Customer from any ongoing contracts. Windward reserves the right to receive compensation for additional loss occurring in relation to default of payment.

4. Delivery, Delayed Delivery and Delayed Acceptance

4.1. The parties will agree on the delivery dates or delivery periods or commencement of performance of services individually in writing. 4.2. Provided that nothing to the contrary has been agreed upon, deliveries take place ex works respectively. 4.3. The delivery of the goods is at the cost and risk of the Customer. Windward is entitled to determine the type of transportation (particularly forwarding companies, dispatch route, packaging, insurance) itself. 4.4. Goods are delivered if the goods have been made ready to be picked up by Windward before or at the time when the delivery period expires. 4.5. Performance has been carried out when the contractual services have been provided within the agreed time limits or when minor reworking operations are required, provided that the functionality of the object of performance is only minimally impaired by this. 4.6. Windward is entitled to make partial deliveries and to supply before the delivery date within the agreed delivery period or up until the agreed delivery date, provided they are utilizable by the Customer in the framework of the contractual purpose and do not produce considerable additional expenditure for the Customer. The Customer must be informed in advance in the case of partial deliveries and supplies before the delivery date. 4.7. Delivery periods are extended or delivery dates are postponed by the length of time of the obstruction, plus a reasonable lead time, in the event of force majeure, industrial action, disruption of operations of any kind or other unforeseeable circumstances not under the control of Windward. Counting as a “circumstance” under the previous sentence are late deliveries by a supplier provided that Windward has concluded a covering deal in good time. If the obstruction lasts longer than three months, the parties are entitled to rescind the contract, with their statutory rights remaining unaffected by this. This provision shall also apply with regard to deadlines of performance of services. 4.8. In any event Windward is entitled to stock up on goods of the same kind and quality from different sources than those that might be laid down in the contracts for the performance of the contract. 4.9. If the Customer is in delay in accepting deliveries or services or if it culpably breaches other cooperation obligations, Windward is entitled to request compensation for loss occurring in this respect, including possible additional expenditure. Further rights or claims are reserved. 4.10. If Windward is in delay in making a delivery or in providing services or if it becomes impossible, for whatever reason, for Windward to make a delivery or to provide services, and the Customer has suffered a loss due to this delay, the Customer is entitled to demand compensation for the delay. The Customer is entitled to claim an amount of zero point five (0.5) percent of the net value of the goods or services per week of the delay, in total, however, not exceeding five (5) percent of the net value of the goods or services. Any losses for delay going beyond this are excluded. Windward is allowed to provide evidence that the Customer did not actually suffer losses due to delay or that losses were lower than the amount mentioned above. Windward’s liability shall be limited in accordance with Clause 10 of the Terms. Windward’s statutory rights (e.g. due to impossibility of, or exceptional hardship through, performance and/or rectification) remain unaffected.

5. Passage of Risk, Acceptance

5.1. With regard to deliveries, the risk of accidental destruction and accidental deterioration of the goods and the risk of delay are transferred to the Customer as soon as the goods have been made ready for picking up by Windward at the place the parties have agreed on. If it has been agreed that the goods should be sent by Windward, the abovementioned risks are transferred to the Customer with the handing over the goods to the freight forwarder or other persons used to perform the shipping if an agreement for work is involved. If acceptance of the goods to be delivered or services is agreed, the acceptance is the point in time of the passage of risk. 5.2. Deliveries or services shall be accepted only if this was agreed in writing or legally provided for. If acceptance was agreed, Windward notifies the Customer in writing about the readiness of the deliveries or services for acceptance. Acceptance shall take place within 14 calendar days upon the notification about the readiness for acceptance. Upon expiry of 14 calendar days the deliveries or services are deemed to be accepted if acceptance was not affected before for reasons beyond the Customer’s control. The Customer shall not refuse the acceptance of deliveries and services on account of minor defects. 5.3. The deliveries and services are also deemed to be accepted as soon as the Customer has put the delivered item into use for longer than a week without reporting defects. The aforementioned shall not apply if the usage was unavoidable for the Customer due to special circumstances. 5.4. Customer’s claims are time barred after one year starting from delivery or completion of services to be performed unless the mandatory statutory limitation periods provide a longer limitation period. This does not apply to claims for which Windward is liable without limitation in accordance with Clause 10.

6. Warranties

6.1. In case of a delivery of goods Windward is only liable for defects (incl. incorrect assembly instructions) in accordance with statutory law, unless there is a provision to the contrary in this Clause 6. 6.2. The defect claims of the commercial Customer require, in the case of a delivery of goods, that the Customer, without delay, but at the latest within seven (7) days, after taking delivery, makes a complaint to Windward in writing in relation to recognizable defects. Hidden defects are to be the subject of a complaint in writing by the Customer without delay following their discovery (Section 377 German Commercial Code). 6.3. The Customer shall not be entitled to assert any claim for defects, in the event of minor deviation from the agreed condition or in the event of insignificant impairment in the usability or in the event of natural wear and tear. 6.4. In the event of a defect Windward has the right to remedy the defect at its own discretion and has at least two attempts for rectification for which a reasonable time shall be given by the Customer. 6.5. Windward shall not bear any additional costs due to a change of the place of delivery. These costs shall be borne by the Customer. 6.6. Windward shall not be liable for defects which are solely attributable to items or material provided by the Customer or any improper handling by Customer’s personnel. 6.7. If the Customer gives notice of a defect, the Customer shall reimburse Windward for all costs and expenses incurred, if in fact there is no defect. 6.8. With regard to the time-bar for claims in connection with defects, Clause 5.4 applies.

7. Property Rights

All right over all documents given to or made accessible to the Customer are reserved to Windward, including in particular all proprietary rights and copyrights. Without the prior written consent of Windward, documents given by or made accessible by Windward shall not be used for purposes outside the agreement and shall not be divulged to third parties. Upon request, such documents shall be returned to Windward.

8. Offsetting and Assignment

8.1. Claims for payment to Windward shall not be subject to any setoff unless the counterclaim of the Customer is undisputed or based on a decision by a competent court or arbitration which is final and binding or based on a defect of goods delivered to the Customer. 8.2. Subject to Section 354a of the German Commercial Code the Customer shall not assign or transfer (whether voluntarily or involuntarily, by operation of law or otherwise) any or all of its rights or obligations under the agreement without the prior written consent of Windward.

9. Cooperation

9.1. The Customer shall provide all relevant certificates, work permits, permits and documents and export licenses according to the requirements of the Bundesamt für Wirtschaft und Ausfuhrkontrolle, if required, and in any event provided that Windward’s responsibility is not explicitly agreed upon. 9.2. If Windward provides services abroad, the Customer has to ensure that, at its own costs, Windward will receive all necessary authorisations for the import and export of tool, equipment and other materials. 9.3. The Costumer shall at its own costs and expense provide Windward with all information, such as but not limited to soil conditions and weather conditions, which Windward reasonably requires for the performance of services. In the event the Customer becomes aware of such information in the course of the performance by Windward, the Customer shall inform Windward without undue delay about the occurrence or change of information already provided.

10. Liability

10.1. The Customer shall be liable in accordance with the applicable statutory provisions. 10.2. Windward shall only be liable as set out in this clause and is excluded in the remainder. 10.3. Windward is liable in the framework of the fulfillment of its obligations under the agreement without limitation for loss of life and damage to health, as well as in the cases of willful misconduct and gross negligence in line with the statutory provisions. The same applies to claims against Windward under the Product Liability Act. For negligent breaches of fundamental contractual duties, liability is limited to loss which is foreseeable for the type of contract. Fundamental contractual duties are those whereby only with their fulfillment a normal execution of the contract is possible and on the fulfillment of which the Customer has relied and was entitled to rely. In all other cases, Windward’s liability for negligently causing any damage or loss is excluded.

11. Provision of Windward’s Materials

11.1. Drawings, blueprints, samples, production regulations, company-internal data, tools, equipment, or any other material provided by Windward shall remain the property of Windward. It shall be used for the purposes of the agreement only, and it shall not be reproduced or made accessible to third parties without the written consent of Windward and it is to be safely stored and maintained in good, workable condition and it shall be plainly marked and adequately identified as Windward’s material. After the agreement has been fully executed it is to be returned to Windward including all duplicates made without request or – after written consent – to be destroyed by the Customer. 11.2. In the event that the Costumer processes or transforms materials provided, this shall be carried out for the benefit of Windward. Windward shall become the direct owner of the new objects processed or transformed. If the material provided only accounts for part of the new objects, Windward shall be entitled to the co-ownership of the new objects in the ratio which corresponds with the value of the provided material contained therein.

12. Confidentiality

12.1. “Confidential Information” shall mean all information, knowledge or data (including without limitation financial, business, and product strategy information; product specifications; product designs; procedures; studies; tests; and reports) in written, electronic, tangible, oral, visual or other form, (i) disclosed by, or obtained from, Windward or (ii) conceived, created, acquired, or first reduced to practice in connection with the agreement. If Windward furnishes sample products, equipment, or other material to Customer, the material so received shall be used and the information obtained from said material shall be treated as if it were Confidential Information disclosed in connection with the agreement. 12.2. Unless the Customer has received Windward’s express written consent to the contrary, the Customer shall (i) use the Confidential Information solely for the purposes of the agreement and not for any other purpose (including, without limitation, designing, manufacturing, selling, servicing or repairing equipment for entities other than Windward; providing services to entities other than Windward; or obtaining any government or third party approvals to do any of the foregoing); (ii) safeguard the Confidential Information to prevent its disclosure to, or use by, third parties; (iii) not disclose the Confidential Information to any third party; and (iv) not reverse engineer, disassemble, or decompile the Confidential Information 12.3. The agreement shall not restrict the Customer from using or disclosing any information that, as proven by written contemporaneous records kept in the ordinary course of business: (i) is or may hereafter be in the public domain through no improper act or omission of the Customer or a third party; (ii) is received by the Customer without restriction as to disclosure by the Customer from a third party having a right to disclose it; (iii) was known to the Customer on a non- confidential basis prior to the disclosure by Windward. 12.4. The conclusion of the agreement is to be treated confidentially. Reference may only be made to the business transaction with Windward in advertising materials of the Customer after obtaining written consent. Windward and the Customer undertake to treat all non-obvious commercial or technical details, of which they become aware through the business relationship, as business secrets. Sub-suppliers are to be obliged accordingly.

13. Applicable Law

This agreement and all non-contractual obligations arising out of or in connection with it are governed by and construed in accordance with German law under the exclusion of the UN Convention on the International Sale of Goods as well as the standards of conflict of international private law.

14. Place of Jurisdiction

Unless provided otherwise by mandatory statutory provisions the exclusive place of jurisdiction for all disputes from the agreement is Hamburg.
Vita Clasen Rickmers
Advisory Board Member
Managing Partner and Chairman of the ASSC Group which is the sole owner of Searenergy; ASSC has various other activities in real estate, aviation, private and venture capital
Vita Christoph Auer
Advisory Board Member
Managing Director at SeraVerse, a Serafin company, with board roles at Serafin Asset Management, Eccho Rights, and Curve Media
Vita Ioannis Zafirakis
Advisory Board Member
Director, Chief Financial Officer and Chief Strategy Officer (amongst other roles) of Diana Shipping Inc. // held various senior executive roles within the Diana Shipping Group
Vita Lars Evers
New Building Oversight
20+ years in the maritime industry with a strong focus on technical and nautical shipmanagment and ship building. Diverse positions in a leading newbuilding shipyard, different ship owning companies in Germany and Singapore and an international ship management group.

Vita Wencke Hansen

Financial Reporting & Accounting

Wencke is Windward’s Financial Reporting and Accounting Manager and Commercial Director at Blue Star Group since 2022. Before, she was at Ernst & Young – Audit as Manager and authorized signatory with a focus on group companies within the energy and medical devices sector. Wencke is a foreign trade merchant in shipping and has a degree in business administration & accounting and law from the Leuphana University in Lüneburg.

Vita Tim Ostermann

Technical and Financial Oversight

Tim has the role of Technical and Financial Oversight. He is Co-Founder and Partner at Blue Star Group. Prior he was employed as Investment Manager at the Offen Group and has extensive experience in the commercial and operational management of shipping companies as well as in Sale and Purchase (S&P) activities.

Vita Jan Rivera Sagehorn

Tender Manager

Jan is Tender Manager at Windward Offshore and a Naval Architect with a strong customer-oriented focus. Prior to joining Windward Offshore, he gained experience in various roles, primarily in sales and tendering within the maritime and offshore industries. He holds a Master of Science in Naval Architecture and Ocean Engineering from the Technical University of Hamburg.

Vita Nathalie Schleu

Investment Manager

Nathalie is Investment Manager at Windward Offshore and  an experienced Investment Analyst specializing in the maritime and offshore sectors. Before joining Windward Offshore, she worked as an Analyst at the Offen Group and is a trained Shipping Merchant with a degree from the University of Economics & Management.

Vita Caspar Blum

General Manager

Caspar acts as General Manager focusing on the commercial development of Windward Offshore. With over a decade of leadership experience in the offshore energy sector, he brings expertise in business development, strategic planning and chartering of offshore vessels. Prior to joining Windward Offshore, he held leadership positions at North Star, Ampelmann Operations, and gained experience as an offshore shipbroker. 

Vita Bastian Hagebeuker

Managing Director

Bastian, Co-Founder and Managing Director of Windward Offshore, is a partner at Blue Star Group. Prior to co-founding Windward Offshore he worked as an Investment Manager at the Offen Group, where he was responsible for asset-backed shipping investments alongside institutional clients, as well asearly-stage and seed investments in maritime and logistics start-ups.

Vita Christoph Geck-Schlich

Managing Director

Christoph is a Founding Partner and Managing Director at Windward Offshore. He also holds the position of Managing Director at the Blue Star Group, one of Windward’s shareolders.  Prior to co-founding Windward Offshore, Christophwas Chief Investment Officer (CIO) at the Offen Group where he was responsible for all investments with regards to the fleet expansion.

Since 2023, we have embedded sustainability concepts into our daily operations through an internal awareness initiative. This initiative includes educational materials, practical tips, insights on current topics, and interactive events such as the Green Kayak Tour or excursions on environmental topics. We also prioritize suppliers for after-work and customer events that incorporate ecological aspects, such as the “Energiebunker” in Hamburg Georgswerder. Our daily operations reflect our commitment to sustainability, from an electric company pool car and company bikes to sourcing sustainable electricity and gas. 

Vita Bennet Möller

Managing Director
Elbe1

Bennet Möller, Managing Director of Elbe1 since 2023, initially joined the company in 2016 as a Technical Project Manager. Throughout his professional career he has acquired extensive experience in renewable energy project development and construction across Europe, the US, and APAC regions, consulting on various aspects such as M&A, TDD, EPCI and compliance management  of offshore wind farms. He holds Bachelor’s and Master’s degrees in Industrial Engineering.

Vita Jelte-Steffen Hipp

Managing Director
Elbe1

Jelte-Steffen Hipp, Managing Director of Elbe1 since 2023, has more than 15 years of experience in renewable energy, demonstrated in several international engineering projects, as well as certification, service, and warranty cases. He holds a Master’s Degree in Sustainable Energy Systems from Chalmers (Gothenburg) and a Bachelor’s in Energy and Environmental Engineering from TU Hamburg. 

Vita Alexander Vogel

Managing Director
Con4Mare

Alexander Vogel, holds a diploma in Naval Architecture and has been Managing Director at Con4Mare since 2013. With over 15 years of distinguished experience in the offshore wind industry, he has led international projects in various roles, specializing in Marine Operations and Marine Warranty Survey. Additionally, Alexander is an authorized expert in HDT for cranes and lifting equipment, as well as in the examination of wire ropes in cranes

Vita Andreas Puls

Managing Director
Con4Mare

Andreas Puls assumed the role of Managing Director at Con4Mare in 2023. Graduating with a degree in physics and specializing in material science, he shifted to project certification for offshore wind farms in 2011.

With over a decade of experience across various positions, he has spearheaded numerous projects in certification.

Vita Hagen Heesch

General Manager, CTO
SeaRenergy

Hagen Heesch, founder and initial owner of Elbe1 GmbH, joined SeaRenergy in 2019 and was appointed as CTO (ppa) in early 2023, overseeing SeaRenergy’s engineering activities.

With a degree in Civil Engineering, he brings 15 years of offshore wind experience, specializing in design, certification, and permitting consultancy. Before his entrepreneurial career, he worked at DNV-GL.

Vita Natalia Kress

General Manager, COO
SeaRenergy

Natalia Kress joined SeaRenergy as General Manager (ppa) in 2017. In early 2023, she was appointed as COO at SeaRenergy, overseeing the Sales & Execution department.

She has 15 years of experience in the offshore industry, especially in the installation and operation phases of offshore wind farms with a particular focus on heavy lift vessels and O&M offshore logistics. 

Vita Jan Boje Steffens

Managing Director
SeaRenergy

Jan Boje Steffens is the co-founder of SeaRenergy. He has more than 30 years of experience in the shipping industry, especially in the segments of breakbulk, heavy lift, and project cargo.

 

Until 2012, Jan was CEO and Partner of the Rickmers Group. Thereafter, he took the post as Managing Director of SeaRenergy.

Johann Philipp - General Manager SeaRenergy

Vita Johann Philipp

General Manager 
SeaRenergy

Naval architect Johann Philipp joined SeaRenergy’s BorWin / HelWin Project Team in September 2011 as an engineering consultant. He formally joined SeaRenergy in January 2013 and became General Manager (ppa) in 2016. 

With more than 20 years’ experience in structural engineering, Johann possesses a wealth of knowledge in conceptual and detailed ship design issues, technical project planning, and marine warranty surveys.

Vita Beispiel

Managing Director
CEO

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Vita Johann Philipp

Managing Director
CEO

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Vita Benjamin Vordemfelde

Managing Director, CEO
SeaRenergy

Benjamin is Founding Partner of Windward Offshore and currently holds the CEO position at SeaRenergy, where he has been Managing Director since 2014. With 15 years of business experience, he held various positions in the shipping and media industries, focusing on business development, investor relations, public relations, and asset management.